Tag Archives: econospeak

What Is The Bielefeld School Of Economics? by Barkley Rosser @ Econospeak  This piece is about a paper I have just written for a special issue to appear in a journal I used to edit about the late economist, Peter Flaschal. Who most of you are probably thinking, although maybe not all of you? He was a heterodox macroeconomist located for his entire career at Bielefeld University in Germany.  He coauthored a lot with a group of economists who...

So Much For The Iran Nuclear Deal – by Barkley Rosser @ Econospeak  Sorry you have not seen me here for a while. My laptop on which I am able to post here was out of commission, but now has been fixed. Well, it was not the US beating Iran in the World Cup. It is that the Europeans, especially the British, French, and Germans, have had it with Iran over the combination of their bloody attempts to suppress the ongoing demonstrations over the...

Where Will M.S. Gorbachev Be Buried?  Mikhail Sergeivich Gorbachev died on the same day as our daughter Sasha’s 33rd birthday. Sasha herself noted that if it were not for him she probably would not exist. It was ultimately Gorbachev who decided that the USSR would obey the Helsinki Accords rules on letting people get married and so on April 4, 1987 let my wife Marina leave Moscow for the US, the top story on CNN that evening. For that we are...

Are Supporters of Putin’s Invasion of Ukraine Suffering from A Neo-McCarthyism? Recently I have seen claims made on some blogs that those who support the invasion of Ukraine by Russia under orders of its president, V.V. Putin, are experiencing suppression and discrimination that resembles the McCarthyism of the late 1940s and early 1950s in the US. This is also supposedly applying not only to those who fully support the invasion, but also to those...

Just How Bad Is Biden’s Trip To Saudi Arabia?, Econospeak by Barkley Rosser  Yes, I posted on this awhile ago, but at that time it was a maybe. Now he is in the air on his way, although, of course, to Israel and the West Bank first, where I have no complaint or comment much. So, basically what I said earlier largely holds, that this is not a trip with much good likely to come out of it. Main “goods”?: affirmation of in-place cease-fire in...

Compensating Wage Differentials according to Dilbert Econospeak, Peter Dorman Tags: econospeak

“Chaos Theory and The End of Roe V Wade,” Econospeak, Barkley Rosser Probably the most famous characteristic of chaotic dynamics is the phenomenon known formally as sensitive dependence on initial conditions, which is more popularly known as the “butterfly effect.” In such dynamics a small change in a starting value or a parameter value can rapidly lead to very different outcomes from what would have happened otherwise.  It was first clearly...

What Is The Worst Part Of The Current Inflation In the US we may have seen the peak of overall inflation, with the annualized CPI rate increasing at 8.3% in April, down from 8.5% in March, the highest rate of increase in 40 years. The issue has become the reported top concern of the US public, according to polling, with the hot job market apparently not offsetting the concerns that have arisen due to the emergence of this high rate of...

Is Virginia 2021 Election Going To Look More Like 1980, 1994, 2010 Or None Of The Above?, Econospeak, Barkley Rosser, October 26, 2021 In Virginia there is an election for governor, lieutenant governor, attorney general, and the whole House of Delegates, while the State Senate with a slight Dem majority is not up for election, is a week from today on Nov. 2, although early voting has been going on for some time.  The latest polls show a dead heat...

EconoSpeak: Will Krysten Sinema Change Parties?, Barkley Rosser, October 5, 2021 I have resisted posting something like this, but while I have yet to see anybody else suggest it, this possibility has been on my mind now for several days. We have never seen to my knowledge a senator refuse to offer their views on possible resolution of a major disagreement involving money.  The contrast to Sen. Sinema is her associate in the Senate in blocking...