Donald Trump seems to be missing some sort of a regulator that prevents him from simply saying what temporarily happens to be on his mind. That made it inevitable that he would treat his audience to a regular stream of faux pas. However, I think both the degree and severity of the mess may be diminished going forward. The reason has to do with how the Trump administration came into being. Simply put, unlike most candidates, he actually beat both major...
Read More »Racism, the election and more
After writing on Venezuela last week, Trump suggested that the US might intervene there. And then the predictable happened, violence and death ensued... in the US. I don't have much to say about what happened in Charlottesville. It is worth noting that even though the city and the University of Virginia are relatively progressive places these days, they do have a long history that ties them to slavery and white supremacy (see this on NPR; h/t URPE blog).*At any rate, it's not surprise that...
Read More »Stock on Trumponomics
Stock on Trumponomics | Michael Hudson Your access to this service has been temporarily limited. Please try again in a few minutes. (HTTP response code 503) Reason: Exceeded the maximum global requests per minute for crawlers or humans. Important note for site admins: If you are the administrator of this website note that your access has been limited because you broke one of the Wordfence blocking rules. The reason your access was limited is: "Exceeded the maximum global requests per...
Read More »Harper’s Slow Crash
Harper's Slow Crash | Michael Hudson Your access to this service has been temporarily limited. Please try again in a few minutes. (HTTP response code 503) Reason: Exceeded the maximum global requests per minute for crawlers or humans. Important note for site admins: If you are the administrator of this website note that your access has been limited because you broke one of the Wordfence blocking rules. The reason your access was limited is: "Exceeded the maximum global requests per minute...
Read More »Slow Posting, Hyperventilation, and the Wrong Lesson for the Left
Still grading, so slow posting for a while. Just a brief note on the whole firing of Comey scandal that is still unfolding, and the incredible degree of anxiety on the left, which somehow thinks this means that there is a 'pee' tape and that Trump will be eventually impeached (here, for example; too many of these). This is at least the second event compared to Nixon's firing of the Attorney General, the infamous Saturday night massacre. The other being the firing the Acting Attorney...
Read More »Let’s Run Government for Business
Let's Run Government for Business | Michael Hudson Your access to this service has been temporarily limited. Please try again in a few minutes. (HTTP response code 503) Reason: Exceeded the maximum global requests per minute for crawlers or humans. Important note for site admins: If you are the administrator of this website note that your access has been limited because you broke one of the Wordfence blocking rules. The reason your access was limited is: "Exceeded the maximum global...
Read More »Democrats “Kompromat”
Democrats "Kompromat" | Michael Hudson Your access to this service has been temporarily limited. Please try again in a few minutes. (HTTP response code 503) Reason: Exceeded the maximum global requests per minute for crawlers or humans. Important note for site admins: If you are the administrator of this website note that your access has been limited because you broke one of the Wordfence blocking rules. The reason your access was limited is: "Exceeded the maximum global requests per minute...
Read More »Robert Wade on Trumponomics vs. Free Trade
Echoing some of the arguments discussed here in the blog (for a list of posts on free trade go here, and for the effect of free trade on the Trump election here, here and here) Robert Wade suggests that the economics profession defense of "Free Trade" might have something to do with the election of Trump. Wade's phrase is perfect (apparently Adrian Wood came up with it): "Like Gresham’s Law, 'alternative facts' drive out facts." The alternative fact here is the theory of comparative...
Read More »Terror, Trolls, and Trump
By William K. BlackJanuary 30, 2017 Bloomington, MN How far have Fox “News” and the self-described “Deplorables” fallen? They rushed after a lethal terror attack on Muslims in Quebec City to declare that Muslims must have committed the attack. “So, I retweeted the wrong pics, but I was right about the #QuebecShooters being freaking Muslims!! Close, if the Deplorable meant by his phrase “I was right” “I was wrong.” For purposes of what I am about to write, I am channeling my...
Read More »Electoral quakes and the establishment: A new world approaching?
By Denis Melnik and Andrés Lazzarini (Guest bloggers) As the first days of Donald Trump’s presidency unfold, the prevalent attitude to his surprising victory among the various breed of the liberal intelligentsia all over the globe is pretty much the same as it was on the morning of November 9, 2016 — that of a profound shock. Apart of purely emotional reactions (ranging from desperate ‘Bernie could have won’ to hopeful ‘Trump will be impeached almost immediately’), this shock reveals...
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