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Stephen Downes' shared items


Jamie Boyle's book is outNovember 29

boyle-cover.jpg

Jamie Boyle's fantastic new book is out. And he has beat me in getting it out with a CC license (soon, not soon enough, but soon). Download it for free here. Buy copies for all your friends (and 5 of your enemies) here.

And congratulations to Jamie. It was Boyle's first book more than any work of scholarship that got me into this movement. It it wonderful to see the godfather return to print.

Clearing the tabsNovember 28
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The Icelandic financial crisisNovember 24

The story is a bit out-of-date, but this overview of the cause and effects of the Icelandic financial crisis is still worth a read.

Picture a pig trying to balance on a mouse's back and you'll get some idea of the scale of the problem. In a mere seven years since bank deregulation and privatisation, Iceland's financial institutions had managed to rack up $75bn of foreign debt. In his address to the nation, Haarde put the problem in perspective by referring to the $700bn financial rescue package in America: "The huge measures introduced by the US authorities to rescue their banking system represent just under 5 per cent of the US GDP. The total economic debt of the Icelandic banks, however, is many times the GDP of Iceland."

(link)
US’s Somali war gets some MSM attentionNovember 24

The Chicago Tribune actually has an article about the war we’ve been waging — and losing — in Somalia.

By the way, it’s interesting to put that article, which I think is quite good, next to Ethan Zuckerman’s recent post about Somali pirates. Who do you think is the more interesting, more knowledgeable commentator?

[Tags: somalia ethan_zuckerman piracy media ]

Prophesy of economic collapse 'coming true'November 23
In 1972 the Club of Rome published the famous book Limits to Growth that predicted exponential growth would eventually lead to economic and environmental collapse. It was criticized by economists and largely ignored by politicians. Now Graham Turner at the Commonwealth Scientific and Industrial Research Organisation (CSIRO) in Australia has compared the book's predictions with data from the intervening years. According to Turner (PDF report) changes in industrial production, food production and pollution are all in line with the book's predictions of collapse in the 21st century. According to the book, the path we have taken will cause decreasing resource availability and an escalating cost of extraction that triggers a slowdown of industry, which eventually results in economic collapse some time after 2020.(via; previously; previously)