Tag Archives: Uncategorized

That’s the latest post from my Blogstack, responding to recent inflation figures. Text over the fold. A 5 per cent annual rate of inflation is not, in itself, a major problem. It has become evident that very low rates of inflation can be just as damaging as high inflation, by not allowing the Reserve Bank room to cut interest rates far enough when the economy is depressed. The 2-3 per cent target adopted in the 1990s made sense as a way to break the inflationary expectations...

from David Ruccio There’s been a lot of talk about oligarchs these past couple of months. Russian oligarchs, that is—the billionaires who have accumulated vast amounts of wealth, including large stakes in Russian industries, mines, and banks, as well as superyachts, private jets, investment accounts, and real estate in the West. We’ve even learned their names: Vladimir Potanin, Leonid Mikhelson, Alexey Mordashov, and so on.* They’re a pretty easy target, given Russia’s savage war on...

from Rod Hill and the WEA Textbook Commentaries Project The definition of economics. Mankiw begins by defining economics: “Economics is the study of how society manages its scarce resources. In most societies, resources are allocated … through the combined choices of millions of households and firms. Economists therefore study how people make decisions” about working, spending, saving and investing their savings. Economists “examine how the many buyers and sellers of a good together...

from Lars Syll After having mastered all the technicalities of regression analysis and econometrics, students often feel as though they are masters of the universe. I usually cool them down with the required reading of Christopher Achen’s modern classic Interpreting and Using Regression. It usually gets​ them back on track again, and they understand that no increase in methodological sophistication … alter the fundamental nature of the subject. It remains a wondrous mixture of rigorous...

RJS, Focus on Fracking Summary: Strategic Petroleum Reserve at a 20 year low, US oil supplies at a 14 year low after record jump in exports; distillates supplies at a 14 year low, total oil + products inventories at an 8 year low; a total oil + products exports at a record high The Latest US Oil Supply and Disposition Data from the EIA US oil data from the US Energy Information Administration for the week ending April 15th indicated that...

From Gallipoli to Ukraine The latest at my Blogstack, over the fold Seemingly out of nowhere, imperialist war has returned to Europe, with the Russian invasion of Ukraine. Vladimir Putin is seeking to recreate the Russian empire, claiming that Ukraine is a historical fiction created by the Bolsheviks, after the 1917 Revolution. In this and many other respects, the current war is a continuation of the catastrophic Great War that began in 1914. Anzac Day is a commemoration...

Το Εργαστήριο Κοινωνικής Πολιτικής (ΕΚοιΠ) του Τμήματος Κοινωνικής Πολιτικής του Παντείου Πανεπιστημίου διοργάνωσε στις 7/4/2022) μία εξαιρετικά επιτυχημένη εκδήλωση με θέμα «Κοινωνική Πολιτική, Πανδημία και Δημοκρατία» με αφορμή την έκδοση του συλλογικού τόμου με τίτλο «Κοινωνική Πολιτική, Αυταρχικός Νεοφιλελευθερισμός και Πανδημία». Την εκδήλωση συντόνισε η Δέσποινα Παπαδοπούλου (Καθηγήτρια, Πρόεδρος Τμήματος Κοινωνικής Πολιτικής) και χαιρέτισε ο Σταύρος Μαυρουδέας (Καθηγητής,...

Γράφτηκε από τον Π.Ε.Ν.Ε.Ν. Μαζική ήταν η συμμετοχή του πληρώματος όλων των επιστασιών στο πλοίο «ΕΛΥΡΟΣ» στην εκδήλωση που πραγματοποίησε η Διοίκηση της ΠΕΝΕΝ στις 20/4/2022 με θέμα Εργατική Πρωτομαγιά – Ακρίβεια και Ρωσο-Ουκρανικός πόλεμος. Στην παρέμβασή του ο Πρόεδρος της ΠΕΝΕΝ έκανε αναφορά στο ιστορικό της Εργατικής Πρωτομαγιάς, στον χαρακτήρα και το περιεχόμενό της ως μιας μέρας με τεράστια σημασία για τους εργαζόμενους. Σημείωσε την ηρωϊκή εξέγερση των εργατών στο...

download the whole issue What Caused Russia to Invade Ukraine?David Lane Economic Implications of MOOCs in Higher Education: An Indian perspective Binay Kumar Pathak An interview with Andrea Terzi on the current situation in the euro zone and Italy in particularMitja Stefancic Rethinking economics: an interview with Sam de Muijnck and Joris TielemanMitja Stefancic Please click here to support the World Economics Association