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Saturday, April 15, 2017

Brian Romanchuk — Book Review: The Road To Ruin

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James Rickards recently published The Road to Ruin: The Global Elites' Secret Plan for the Next Financial Crisis. Interesting not beca...
1 comment:
Friday, April 14, 2017

Noah Smith — Why the 101 model doesn't work for labor markets

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Favorite line:  If you raise the minimum wage, the increased income to those with jobs will also boost labor demand indirectly (somehow...
27 comments:

Thomas Phippen — The Story You’ve Been Hearing About The ‘Mother Of All Bombs’ Is Totally Wrong'

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The actual cost of the bomb is unknown. The actual cost of the program isn’t publicly available because the Mother of All Bombs, officially...
5 comments:

Pete Dolack — Austerity Never Ends: Economists Say Wages Are Too High

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Lars Syll and David Ruccio get a shoutout. Counterpunch Austerity Never Ends: Economists Say Wages Are Too High Pete Dolack
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Stansfield Smith — Ecuador’s Accomplishments Under the 10 Years of Rafael Correa’s Citizen’s Revolution

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Ecuador’s economic collapse and social explosion was similar to Greece’s a few years later. But in 2006, after nine presidents in ten years...
15 comments:

Jason Smith — Is economics scientific? A short play in one act.

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Fun and instructive. Information Transfer Economics Is economics scientific? A short play in one act. Jason Smith
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Moon of Alabama — Why North Korea Needs Nukes - And How To End That

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Why does NK needs nukes? Because the US constantly trying to destabilize NK (b explains). Nukes are the most cost-effective deterrent for a ...
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John Helmer — SecState Tillerson’s COS Margaret Peterlin Has Been Managing Us Cyber Warfare Operations Against Russia For Years

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When US Secretary of State Rex Tillerson was telling the Russians and the US state press yesterday to stop hacking into American politics, ...

Dan Goodin — NSA-leaking Shadow Brokers just dumped its most damaging release yet

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The Shadow Brokers—the mysterious person or group that over the past eight months has leaked a gigabyte worth of the National Security Agen...
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Timothy Taylor — A Truckload of Tips for Teaching Economics

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Back in 1990, William McEachern started editing a semiannual newsletter that he called "The Teaching Economist." Each issue had a...
Thursday, April 13, 2017

Andrew Spannaus — Roots of Trump’s ‘Economic Nationalism’ in the American System of Economics

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Trump spoke of the need for a new economic model, and then recalled how protectionism is far from a bad word in US history; rather, it was ...
42 comments:

Dean Baker — China and Currency Values: Fast Growing Countries Run Trade Deficits

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No specific mention of the USD peg. Of course, a country that pegs to another currency is "manipulating its currency" (Trump bef...
45 comments:

Lars P. Syll — Economics — an empty and inexact science

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The debate over economics "laws" continues. Science or storytelling? Lars P. Syll’s Blog Economics — an empty and inexact science ...
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Robert Waldmann — To me the common assertion about health care reform and tax reform makes no sense

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I honestly don’t get it. I’m sure I’m missing something. I am also sure, 100% sure, that, even if passage of the AHCA were to make it easie...

Sputnik — Russia Increases RNCB Authorized Capital to Promote Crimea Investment

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The Russian government has increased the authorized capital of the Russian National Commercial Bank (RNCB) by 15 billion rubles ($264.8 mil...
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Wednesday, April 12, 2017

Andrew J. Bacevich — Memo for McMaster

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Powerful. The American Conservative Memo for McMaster Andrew J. Bacevich | Professor of International Relations and History at Boston Univ...
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Don Quijones — Trump Flips On Five Core Key Campaign Promises In Under 24 Hours

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Blink, and you missed Trump’s blistering, seamless transformation into a mainstream politician. In the span of just a few hours, Presiden...
7 comments:

John Helmer — Rue, Ruse Or Rule – President Putin’s Options Facing The Us Military Junta

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How to rule a country which is a target of war by the mad figurehead of a military junta in another country? This is not a historical ques...
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Matias Vernengo — Economic Regularities and "Laws" and the Riksbank Prize too

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I've been reading The Nobel Factor: The Prize in Economics, Social Democracy, and the Market Turn by Avner Offer, Gabriel Söderberg, a...
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Dirk Ehnts — … and austerity for all! (Martin Schulz reloaded)

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I expect the Schulz effect to fizzle out before September. German social-democrats are on the same trajectory as their European comrades. T...

TASS— China to impose sanctions on North Korea in case of nuclear test — diplomat

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China will impose sanctions on North Korea if Pyongyang carries out a nuclear test, South Korea’s Chosun Ilbo newspaper said Wednesday cit...
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Michael Hiltzik — Trump's proposal to eliminate the Social Security payroll tax may be his worst idea yet

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The morons believe that the currency issuer has to obtain the currency it issues from the private sector instead of the private sector nee...
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Tuesday, April 11, 2017

Mike Murphy — Trump declines to endorse Bannon, says U.S. ‘not going into Syria’

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President Donald Trump declined to give top adviser Steve Bannon a vote of confidence during a New York Post interview published Tuesday, i...
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Eric Zuesse — Trump Is Losing Some of His Base

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The main pro-Trump news-site, Breitbart News, is getting predominantly negative reader-comments on its articles that relate to Russia and t...
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Marcelo Gullo — The Structure Of Hegemony

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Short summary of world history since 1492 and the rise of the West to prominence and dominance. Katehon The Structure Of Hegemony Marce...
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Deposit effects on bank Leverage Ratio

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From American Banker magazine from a while back and out of paradigm but still relevant. "One of the many problems with a high lev...
37 comments:

Marjorie Cohn — Trump’s Syria Attack Trampled Many Laws

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As the U.S. mainstream media hails President Trump’s missile strike on Syria, there has been almost no attention to either the truth about ...
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Gilbert Doctorow — Russia’s Disdain for Tillerson and Trump

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Summary of Russian TV talk shows with the political pundits.  Summary of the summary: Crazy Americans. Why are we bothering to talk to Ti...
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Lucas Nolan — Chinese Social Media Rages over United Airlines Controversy

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Knock-on effects. Wang Guanxiong, a venture-capital investor, also posted his disapproval of the company on Weibo, saying, “Overselling ...

Charlie Spiering — Sean Spicer Scrambles to Correct Hitler Comments in White House Press Briefing

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They really need to get this guy of the world stage before he makes a bigger fool of himself and the administration too. Not like this is h...
11 comments: