Name: 衰退する文化｜第2話「経済学101」 by ピーター・ジョセフ (Culture in Decline | Episode #2 "Economics 101" by Peter Joseph)
Uploaded: 2021-01-14T07:00:56.000Z
Duration: 33 min 12 s
Description: VoiceTubeの動画で発音を聞きながら英語表現を覚えよう！学べる英語：

- Modest preemptive actions can obviate the need

- You think that you've been taught things like confidence intervals

in an elementary statistical course that would let you do this;

you'd know that they don't let you do this.

A really principled frequentist can't produce a probability distribution...

- The conclusion we want to point out when we think about valuation

is the fact that means are scarce. I alluded to this already that

as finite beings we can't will our ends to be attained.

- A statistical description of the government's net-of-interest surplus.

- ...deflation, I think that yields could drop to say, less than 1%

on the 10 years and less than 2% on the 30 years...

- ...that would effectively be a takeover of monetary policy by the Congress. - Oh, hello!

Daunting, right? Might even make you feel stupid.

while even with the ongoing economic failures across the world:

inequality, increasing poverty, debt collapse,

very few today seem to be able to understand,

where the only attempted solutions people know

is the mere shifting around of the deck chairs on the Titanic,

assuming some new politician, central bank policy, or corporate legislation

Some years back, after coming to the conclusion that our politicians,

legislators, and established authorities just might be provably incompetent

when it comes to the truly intelligent management of our society,

I started to look for questions and answers on my own,

that many today either seem to take for granted, ignore or even worse,

assume that they have no capacity or business investigating at all,

since our credentialed authorities in control

It's a sad staple of modern culture, you know,

the old "Relax, turn on the TV, keep going into debt,

and pump out a bunch of kids while you're at it,"

but most importantly, keep showing up at those jobs

which you have likely already fooled yourself into believing

Remember, the 1% of the world that owns 40% of the planet's wealth

did not get that way with you understanding how the world really works.

Nevertheless, and such cynicism aside (I'm sorry),

if you will, and ask some fundamental questions

about stuff most have simply written off and forgotten.

If you were to take a poll today of our species, asking what truly are

the most fundamental questions that pertain to human survival and prosperity,

such as, I don't know, what really supports human life, how food grows,

what energy is, what creates and reinforces good public health,

what defines a useful or detrimental belief system,

you can rest assured, that the vast majority would have more concrete answers

about baseball statistics, fashion trends, sitcom plots, and religious scriptures.

Not to demean the cultural pleasures and creativity of expression

but we have a distortion of priority that has proven incredibly detrimental

to the future of our sustainability on this planet,

where the majority facing clear mounting problems

not only doesn't understand what the root of such problems really are,

they don't even know what questions to ask;

and today, there is no greater destructive ignorance at hand,

than the vastly delusional concept known as modern economics.

It is in this fundamental context that I found the most interest.

Where does its foundational premise come from?

How is societal organization finding a benchmark for itself?

Why does the discussion of this subject appear to be so elitist

in its vocabulary and orientation? Is it really that complicated?

I became so tired of being called ignorant of the subject

by self-proclaimed experts I've challenged,

I decided to take it upon myself to read the entire

macro-economics curriculum of Harvard University

along with all the staples of influence: F.A. Hayek, John Maynard Keynes,

Ludwig von Mises; and I'll tell you what, I'm really glad I did

because I had some very poor judgments that needed correction,

not so much regarding my views about economics,

but that life is short, and I wasted an enormous,

unforgivable amount of time reading this outdated,

Bob, would you take care of that please? The fuse panel.

Be careful man, it's not... [Explosion][Bob screaming]

modern economics is not true economics at all.

It's a mere ideological philosophy, built upon a series of presuppositions

that have been given the illusion of permanence.

There is absolutely no relationship to the scientific integrity

of our knowledge of the environment built into this model.

The monetary-market system of religious belief

is at the core of the vast majority of ecological and social imbalance

Sadly, it is in the face of normality, so many look past it.

We might begin to see that this principal notion and practice

is truly a problem in society, and to me,

it is at the heart of a culture in decline.

Earth: Curious little ball of rock, gas and water, isn't it?