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Plastic is pound for pound more valuable than steel. Yet we see steel as a resource and plastic as waste. The world has already produced over 4 trillion pounds of plastic. Almost all of that plastic still exists today. All plastic can be recycled. There is no need to create new plastic. We must simply recycle the plastic that litters our planet.

3D printing today and recycling for tomorrow »>

Professor Heppell said the model for Lindfield would not be experimental, but would build on “the most successful and appropriate” directions transforming education, “making it better for learners, for teachers, for wellbeing and for results, too”.

"All schools are unique, and so we will be assembling a unique Lindfield recipe from many of these tested and effective ingredients," he said. "That recipe will continue to evolve as we see and learn from others’ proven ideas around the world."

the recipe could include developing the school as a village for all learners of all ages, creating small schools within the school, a focus on studying “by stage not age” and ensuring it was technology rich with a global focus.


It’s a bit like stating the bleeding obvious, but I have been saying this for years…

"It seems that some people here would like to emulate the American model. I don’t fully understand the logic" - Joseph

Some economists (not to mention politicians) try to shout down any mention of inequality at all: “Of the tendencies that are harmful to sound economics, the most seductive, and in my opinion the most poisonous, is to focus on questions of distribution,” declared Robert Lucas Jr. of the University of Chicago, the most influential macroeconomist of his generation, in 2004.

Vale the Chicago School for corrupting us all.

Some sloppiness but nothing underhand. I wonder why they try to discredit a Piketty?

For his part, Piketty welcomes debate but insists he collected and used the (vast, vast amount of) data accurately. He tells Giles:

As I make clear in the book, in the online appendix, and in the many technical papers I have written on this topic, one needs to make a number of adjustments to the raw data sources so as to make them more homogeneous over time and across countries. I have tried in the context of this book to make the most justified choices and arbitrages about data sources and adjustments. I have no doubt that my historical data series can be improved and will be improved in the future (this is why I put everything online).

He added in a “jovial” email to Irwin:

Every wealth ranking in the world shows that the top is rising faster than average wealth. If the FT comes with a wealth ranking showing a different conclusion, they should publish it!

Everything That’s Wrong With The World Part 2

Where the World’s Unsold Cars Go to Die

Above are photos of thousands and thousands of brand new, unsold cars in various locations from the U.S., Italy, U.K., Spain, Russia, and elsewhere. 

Millions of unsold cars are left to deteriorate in old airports, parking lots, and new tracks of land being bought to store these cars. Auto companies won’t sell them at a cheap price because it wouldn’t be profitable to. 

The car industry cannot stop making new cars because they would have to close their factories and lay off tens of thousands of employees. This would further add to the recession. Also the domino effect would be catastrophic as steel manufactures would not sell their steel. All the tens of thousands of places where car components are made would also be effected, indeed the world could come to a grinding halt.



Exclusive: Chilean Robin Hood? Artist Known as “Papas Fritas” on Burning $500M Worth of Student Debt

Published on May 23, 2014 - You may know the adventures of Robin Hood and Zorro, outlaws fighting for the poor. Today we meet the newest member of that club, a Chilean activist who goes by the name Papas Fritas. Francisco Tapia, known as Francisco “Papas Fritas,” or french fries, says he burned $500 million worth of debt papers from the private Universidad del Mar. Chilean authorities are in the process of shutting down the university over financial irregularities. But that has not stopped the school from collecting on its student loans. During a recent student takeover of the school, Papas Fritas says he took the debt paper records, burned them and displayed the ashes inside a van as an art exhibition. “It is a concrete fact that the papers were burned, they are gone, burned completely and there’s no debt,” said Papas Fritas in his first U.S. broadcast interview. “Since these papers don’t exist anymore, there’s no way to charge the students.”

This video is an excerpt from the full interview. Watch the full segment on Democracy Now!: 

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Not bad lookin’ and hey, not beyond the perks of daddy’s position

Not bad lookin’ and hey, not beyond the perks of daddy’s position

The Whitehouse Institute’s website says the school: “does not currently offer scholarships to gain a place into the Bachelor of Design.”

This was a one off $60,000 gift to the daughter of the PM while everyone else will have to pay back $100,000+ sooner at a higher interest rate if they go to uni.

Pay through the nose for the privilege to graduate as an economic unit of labour.

Just as ANZAC Day was once a solemn, reflective affair…

During Putin’s more than 14 years in power in Russia, he has turned Victory Day, once a sombre day devoted primarily to private remembrances of wartime victims, into the military parade that it is today. Red banners, stars and the hammer-and-sickle emblem of the Soviet Union have festooned Moscow’s streets in recent days.