by Summary:
RT — Question More (Russian state-sponsored media)The British are showing signs of goodwill to China, but they aren't the ones calling the shots [Like the French and Germans, the British are calculating the economic cost of decoupling from China. The US apparently hasn't done the math yet.]Timur FomenkoIndia PunchlineWhither Ukraine’s counteroffensive? [MKB argues that apparently some in the US deep state are fed up with the Biden administration's costly foreign policy and military policy mistakes, and they are taking clandestine action to limit the damage.]M. K. Bhadrakumar | retired diplomat with the Indian Foreign Service and former ambassadorMoon of AlabamaUkraine SitRep: Offensive In Doubt - No Talks - Social Breakdown [Poverty up from 5.5% to 24.2% in 2022, unemployment
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RT — Question More (Russian state-sponsored media)RT — Question More (Russian state-sponsored media)The British are showing signs of goodwill to China, but they aren't the ones calling the shots [Like the French and Germans, the British are calculating the economic cost of decoupling from China. The US apparently hasn't done the math yet.]Timur FomenkoIndia PunchlineWhither Ukraine’s counteroffensive? [MKB argues that apparently some in the US deep state are fed up with the Biden administration's costly foreign policy and military policy mistakes, and they are taking clandestine action to limit the damage.]M. K. Bhadrakumar | retired diplomat with the Indian Foreign Service and former ambassadorMoon of AlabamaUkraine SitRep: Offensive In Doubt - No Talks - Social Breakdown [Poverty up from 5.5% to 24.2% in 2022, unemployment
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Mike Norman considers the following as important:
This could be interesting, too:
Lars Pålsson Syll writes Andreas Cervenka och den svenska bostadsbubblan
Mike Norman writes Trade deficit
Merijn T. Knibbe writes Christmas thoughts about counting the dead in zones of armed conflict.
Lars Pålsson Syll writes Debunking the balanced budget superstition
The British are showing signs of goodwill to China, but they aren't the ones calling the shots [Like the French and Germans, the British are calculating the economic cost of decoupling from China. The US apparently hasn't done the math yet.]
Timur Fomenko
Whither Ukraine’s counteroffensive? [MKB argues that apparently some in the US deep state are fed up with the Biden administration's costly foreign policy and military policy mistakes, and they are taking clandestine action to limit the damage.]
M. K. Bhadrakumar | retired diplomat with the Indian Foreign Service and former ambassador
Ukraine SitRep: Offensive In Doubt - No Talks - Social Breakdown [Poverty up from 5.5% to 24.2% in 2022, unemployment unofficially at 36% and inflation hitting 26.6% at the end of 2022 – World Bank]
b
Gilbert Doctorow — International relations, Russian affairs
St Petersburg Travel Notes – Part One [no noticeable adverse economic effect of the war and sanctions in St. Petersburg.]
Gilbert Doctorow
Chinese Companies Are Taking Advantage of United States’ Nearshoring Strategy By Setting up Shop in Mexico [adaptation]
Nick Corbishley
“In the Coronation, Britain’s Ruling Class Will Cast Its Dark Spell on Millions” [Yes, the British royal family is the apotheosis of its class system." Read with the post below]
Yves Smith
CaitlinJohnstone.com
You’re Not Deficient, You’re Just Ruled By Assholes [Summing it up with a trope (but not a cliché).]
Caitlin Johnstone
Naked Capitalism
The Collapse in Operational Capabilities in the West and Some Knock-On Effects [Caitlin Johnstone provides a trope; Yves Smith explores reasons why institutions and leaders are falling short of even failing en masse.]
The Collapse in Operational Capabilities in the West and Some Knock-On Effects [Caitlin Johnstone provides a trope; Yves Smith explores reasons why institutions and leaders are falling short of even failing en masse.]
Yves Smith
Marginal Revolution
Gabriel Zucman wins the John Bates Clark Medal [John Bates Clark must be twitching in his grave. He is not the only one reacting. Read the comments to Tyler Cowen's post.]Tyler Cowen | Holbert C. Harris Chair of Economics at George Mason University and serves as chairman and general director of the Mercatus Center
How Much NATO's Citizens Pay [per capita] For NATO's Wars
Tyler Durden
Bonus:
Information Transfer Economics
On Hayek's 'The Use of Knowledge in Society (1945) [Longish and somewhat technical but important since market effects are significant in government economic policy, and the information that markets provide affects a government's use of its monopoly power over the currency in a way similar to the availability of real resources. "It's the complexity, stupid." Complexity is a constraint on planning.
On Hayek's 'The Use of Knowledge in Society (1945) [Longish and somewhat technical but important since market effects are significant in government economic policy, and the information that markets provide affects a government's use of its monopoly power over the currency in a way similar to the availability of real resources. "It's the complexity, stupid." Complexity is a constraint on planning.
Jason Smith's observations serve as a nudge toward a conversation about this while providing an impetus to undertake further research relating information theory to economics. Even though Hayek was on to something important in this seminal paper, he only scratched the surface of the issue. A lot has happened since then, dating his work.]
Jason Smith is a theoretical physicist whose avocation is writing on economics.