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Monday, November 25, 2013

PCC fifth assessment report: conclusions of the IPCC Working Group - presentation

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View or download fifteen slide presentation in PDF Prevention Web I PCC fifth assessment report: conclusions of the IPCC Working Group ...
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Lars Syll — On neoliberalism and neoclassical economics

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Oxford professor Simon Wren-Lewis had a post up yesterday commenting on traction gaining “attacks on mainstream economics”... Ha-Joon Cha...
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Warren Mosler on the role of government and the relationship of currency creation, employment and taxation.

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Lifted from the comments at Bill Mitchell's billy blog warren mosler   says: Monday, November 25, 2013 at 23:07 Good post, as al...
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Robert Oak — Pending Homes Sales Point to Party Over

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The Economic Populist Pending Homes Sales Point to Party Over Robert Oak
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George Lakoff — The New York Times Uncovers Conservative Attacks and Then Prints One; Both Are on the Front Page

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As the great linguist Charles Fillmore discovered in 1975, all words are cognitively defined relative to conceptual "frames" -- s...
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Insane policy: Fed'l gov't makes a $41 billion profit on student loans

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Question: What kind of government seeks to make a profit on money that it can issue freely and without limit and when doing so serves no pu...
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Peter Cooper — Planned Investment/Saving and Keynesian Causation

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This is intended as an introductory post to explain the Keynesian (and Kaleckian) view of causation between planned investment and planned ...

Dean Bakler — China's Central Bank Announces Job Creation Program for the United States

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That may be a bit of an overstatement, but the comments from Yi Gang , a deputy governor at China's central bank, deserved much more at...
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Marc Saxer — What We Need To Learn From Neoliberal Discourse

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More on framing. Social Europe Journal What We Need To Learn From Neoliberal Discourse Marc Saxer | Director of the Friedrich-Ebert-Stiftung...
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Media Strategies To Thwart Federal Oversight, And The Rise Of A Control Fraud Industrial Congressional Service Complex

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(Commentary posted by Roger Erickson) Move over MICC , a meaner dog's movin' in. It's purpose? To help the USA better target it...
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My next Forex course is Dec 9 -13

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My next Forex course will be Dec 9 - 13. One of my students called it the "Moneyball" of trading. For more info or, to sign up,...
Sunday, November 24, 2013

Chomsky: Business Elites Are Waging a Brutal Class War in America

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The business classes are constantly fighting a bitter class war to improve their power and diminish opposition. AlterNet Chomsky: Business...
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Ralph Nader — 21 Ways Canada's Single-Payer System Beats Obamacare

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Canadian style single-payer healthcare is simple, affordable, comprehensive and universal—unlike the US's labyrinthine ACA AlterNet 21...

Scott Kaufman — Chairman claims Nevada Libertarian Party ‘infested with idiots’ (via Raw Story )

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Chairman claims Nevada Libertarian Party ‘infested with idiots’ (via Raw Story ) The Chairman of the Libertarian Party of Nevada (LPN),...
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Michael Pettis — When are markets “rational”?

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Last month’s award of the Nobel Price in economics set off a great deal of chortling because one of the three recipients, Eugene Fama, rece...
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Merijn Knibbe — Malinvaud on how USA economists increasingly dismissed measurement

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One of the problems of the economics curriculum is that very little attention is paid to measurement. And indeed, academic economists genera...

Andy Sullivan — Tea Party Republicans Backed By Big Corporate Players Following Shutdown

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Snake pit. The Huffington Post Tea Party Republicans Backed By Big Corporate Players Following Shutdown Andy Sullivan | Reuters
Saturday, November 23, 2013

Robert Vienneau — On "Neoclassical Economics"

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Definitions of "neoclassical economics." Thought on Economics On "Neoclassical Economics" Robert Vienneau

Bill Mitchell — External economy considerations – Part 9

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I am now using Friday’s blog space to provide draft versions of the Modern Monetary Theory textbook that I am writing with my colleague and...

Mathew Forstater — Alan Watts got it. So did Alexander Del Mar

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Alan Watts, best known for bringing Eastern philosophy to Western readers, had a better understanding of money than most economists. In an ...
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JFK and Federal Budgetary Policy under the Authority of Gold

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NEP yesterday , on the day that marked the 50th year since he died in a lawless act, had a nice excerpt from a commencement address at Yal...
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Friday, November 22, 2013

Eric Zuesse — Why Chris Christie Is Edging Past Hillary Clinton For President

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Looking like Christie is the big donor's pick for us in '16. The selling has already begun. The Huffington Post Why Chris Christie I...
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David Ferguson — Report: Corporations use professional spies-for-hire to monitor and undermine nonprofits (via Raw Story )

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Report: Corporations use professional spies-for-hire to monitor and undermine nonprofits (via Raw Story ) A newly released report from ...

John Paulson finally stops buying gold. But he doesn't even know why.

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Yesterday, billionaire hedge fund manager John Pauslon told his clients that he will not be adding anymore gold to his holdings. No wonder...
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Guest Post: Ralph Musgrave — We're ruled by idiots like Larry Summers.

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We're ruled by idiots, like Larry Summers. Here's a sample of the idiocy: first, the Bank of England doesn't know what happene...
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Econ Evolution Diagram

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Here's a diagram to go with my previous post on  selected highlights of recent economic history :          Diagram: Evolution of Selec...
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Thursday, November 21, 2013

UMKC student video — Direct Jobs Program

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Direct Jobs Program (h/t Stephanie Kelton at FB)
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Pam Martens — Fed Minutes Reveal a Dangerous Power Grab by New York Fed

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Just when it seemed one could no longer be shocked by the corruption, hubris and lack of accountability in the American financial system, a...
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Yves Smith — The Skunk Party Manifesto

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Yves is on a tear. The best political system that money can buy is doing a great job for its customers and a lousy job for the rest of us. ...
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Scott Sumner mentions Warren Mosler

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Mike Sax points us to a Scott Sumner post commenting on Warren Mosler today. Diary of a Republican Hater Sumner and Warren Mosler on Forwar...
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