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"One of the basics of economics is the understanding of incentives. The profit motive, the incentive to purchase capital goods, the incentives to purchase consumer goods, the desire to be a monopoly. Without taking into consideration of incentives when pursuing particular economic policies such as industrialisation or financialisation of an economy."

"One of the differences of how Americans obtain tax revenue and how China obtains tax revenue is that america obtains a lot from the incomes of households whilst China obtains a lot of it via VAT and consumption taxes."

"One of the differences of how Americans obtain tax revenue and how China obtains tax revenue is that america obtains a lot from the incomes of households whilst China obtains a lot of it via VAT and consumption taxes."

"I work. Even in leisure, I work."

"One of the consequences of utilitarian philosophers such as Jeremy Bentham and John Stuart Mill was their influence over the western schools of economic thought towards utility. As Mill shifted away from collective happiness towards individual happiness."

"WEIRD NATIONALISM." "Nationalism is commonly understood as an ideology which prioritises citizenship of the nation-state over other things. The consequences of those who believe in this ideology is of racism, ethnic-narcisscism and delusional fantasies. It's important to understand this as it is quite different from the tribalism you hear about when tribalism does actually insist on the importance of lineage. Whilst it is argued that tribalism is compatible with ethnic-nationalism but in the context within the modern era in which liberal governments reject the past and obsess over the supposed progress, such ethnic-solidarity is very rarely evoked especially within atomised society when that society sees itself as not as a collective group but as individuals separated from each other. They bear the similitude to those who shout and scream on top of their lungs about their football club having a pathetic manager. But even those who ferociously defend their artificial asabiyah within the context of football clubs very rarely or do not engage in the self hatred of the nationalist." "Yet the nationalist who claims to emphasies on the supposed superiority of their citizenship, goes around requesting americans toppling someone who has the same ethnicity as him and same nationality as him. You see this behaviour amongst the associates of bolosano in brazil, supposed european nationalists, canadian nationalists, hindu nationalists, korean nationalists and japanese nationalists! Japanese nationalists! In other words, it is inaccurate to describe these people as how philosophers literally understood the definition of nationalism but to understand their beliefs involves being aware that these weird nationalists believes in a synthesis of race-realism, liberalism, feminism and nationalism. If these weird nationalists are heavily associated with women, the more apparent it that these weird nationalists believe in that type of synthesis when the modern woman believes in feminism. And that type of nationalism believed by those type of weird nationalists is where nationalists give in to the demands of feminists and not the other way around. This is apparent in other cases of nationalists who believe in these type of synthesises when the nationalists give in to the demands of non-nationalistic ideologues and this includes supposed race-realist ideologues." "Despite asabiyah being a tendency of the human being which is exploited by nationalists themselves, this type of asabiyah is overwhelmed by ideologies associated with gender polarisation." "As mentioned before there are several cases of weird nationalists. Whilst weird nationalism is combination of nationalism, feminism, liberalism and supposed race-realism. The two types weird nationalists we want to look at are those who believe in a synthesis between feminism and nationalism, those who believe in the synthesis between liberalism and nationalism. The case of the weird nationalist who believes in a synthesis between nationalists and feminism are those nationalists who are heavily associated with women and as you know the average modern woman believes in a form of feminism which either includes first-wave feminism, second-wave feminism or third wave-feminism. These types of weird nationalists are seen amongst nationalists who emphasises their hostility towards immigration where they mainly portray migrants as militarily capable men who have a tendency of raping female nationals of country X riding across the ocean in a boat. References to either women or children in the context of immigration is not noted by these types of nationalists when they know that women are more likely to sympathies with women and children and they believe that they are more likely to hinder their plan of reducing immigration. Whilst feminism which is associated with hostility and fear of men being violent and violating a women, nationalism focuses on rejecting the other but as you are aware of the synthesis, this type of synthesis is not incompatible with feminism. This synthesis doesn't reject the women and children as 'others'. The synthesis is a rejection of nationalism when the the synthesis excludes women and children from being categorised as others." "In the case of those who believe in the synthesis between nationalism and liberalism whilst this isn't exclusive to nationalists when various groups have tried to propose a synthesis of their ideology with liberalism, here we focus on the synthesis of nationalism and liberalism which is the beliefs of people around the global in a world that involves nation-states. This focuses on those weird nationalists outside the western countries when it is apparent that these people are more blunt in their emphasis on their synthesis. If you look at hindutva, persian monarchists and several other third-world nationalists, each of these nationalists engage in a degree of self hatred that you question if they are really nationalists. This confusion is associated with the decision of those nationalists of them believing in a synthesis between liberalism and nationalism which actually implicitly says that white Europeans are better than non-europeans."

"One of the biggest banking clearing systems that are used for payments across borders is swift. Despite it slowness compared to other bank clearing systems including block chain or CHAPS, swift offers banks a perception of reliability and security which many other banking clearing systems don't offer."

"Chinese companies are successful because its protectionist against outsiders but viciously competitive domestically."

"GDP per capita which is boasted by many is actually a flawed measurement of individual incomes within a country as it assumes that GDP is equally distributed within the country."

"Countries that seriously wish to pursue industrialisation do need a reduction or keep levels of consumption low. In order for the country to industrialise, the economy, which is like a dough in which the shape changes as you either nudge it or punch it, needs to focus on allocating the transactions towards capital goods. If consumption is kept at high levels, this crowds out investment into capital goods with the exception of houses."

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