Daily Archives: July 25, 2018


Education or espionage? A Chinese student takes his homework home to China

NBC News has the typical story about this incident, Education or espionage? A Chinese student takes his homework home to China.

Ruopeng Liu believes his work at a Duke lab was simply “fundamental research” that he brought back to China. His former professor thinks otherwise.

In the latest news is a story about how a Chinese graduate student came to the U.S. to steal intellectual property and take it back to China. This is just the latest example of a bill of goods our oligarchs want us to swallow. Most of the push to protect “intellectual property’ in our trade agreements is to protect the rentier class’s rents they extract from patents, copyrights, and “intellectual property”. We need to be less gullible about the idea that “intellectual property” is something the whole world should agree to protect in the way that the USA says it should.

I wonder if we are supposed to think that graduate students come here to have fun, and not to learn anything they can use as the basis for a career. Of course students come here to learn “intellectual property”. Isn’t the whole purpose of a university to impart “intellectual property”?


Days of Revolt: How We Got to Junk Economics

YouTube has the video Days of Revolt: How We Got to Junk Economics,

In this episode of teleSUR’s Days of Revolt, Chris Hedges interviews economist Michael Hudson on the history of classical economics and explores Marx’s interpretation of capitalism as exploitation.


This is a discussion of Michael Hudson’s book “Killing The Host: How Financial Parasites and Debt Bondage Destroy the Global Economy”. I am finally getting a more complete picture of what I have been slowly piecing together from my study of Modern Money Theory. It is not Karl Marx that had crazy economic theories. It is the capitalist economic theories that I have been learning since the 1960s that is the crazy theory. (To be more accurate, the mixed economy is sensible, but the unregulated capitalism is what is crazy.)

Here is the second part of the interview Days of Revolt w/Hedges & Michael Hudson Junk Economics and the Future | Part 2