This is a real radar screen of #MH370 airplace which suddenly disappeared out of thin air on its way from Kuala Lumpur Malaysia to Beijing. There were no distress signal, indications of rough weather, or other signs of trouble when the plane was reported missing. The pilots communicated with the Air Traffic Control without showing any discommode sign in their voices.
Source: Malaysia Airlines
There is no sign the plane or any clue where it might have crashed found as we speak.
"…take egalitarianism in its commonest interpretation. “Differences in income are bad; inequalities as such are unjust”. Why? Some people give whole complex arguments, but the typical egalitarian says, “That´s obvious”. It doesn´t make any difference what the cause is of the inequalities, or the effects; it doesn´t make any difference in what they are unequal; it´s just intrinsically bad. I took a philosophy class many, many years ago, and the professor put before the class this situation: “Imagine we have one society where there are tremendous differences in income from lowest to highest, and another society where everybody has an identical income, which is, however, lower than the lowest one in the first society. Which one”, he asked, “is the morally superior society?” And I was the sole person in the class of about fifty who voted for the first society. The rest of the class - and this was a graduate course in ethics - considered this simply out of the question, “Equality is intrinsically good, and therefore, it´s much better that we all starve as brothers.”"
Considerations on my first economics course, #2 →
>be in class
>a huge Krugman portrait hangs from the wall, smiling down to us like a big gay Stalin
>his book and Bernanke´s are the only texts suggested, we are warned not to mess with ´heterodox theories´
>professor uses the word ´fair´22 times in 2 hours
>Supply and demand is defined as an…
This sounds like a nightmare.
"Since a value is that which one acts to gain and/or keep, and the amount of possible action is limited by the duration of one’s lifespan, it is a part of one’s life that one invests in everything one values. The years, months, days or hours of thought, of interest, of action devoted to a value are the currency which one pays for the enjoyment one receives from it."