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… We need more flexibility. That’s the headline for my latest piece in The Conversation https://theconversation.com/australias-covid-plan-was-designed-before-we-knew-how-delta-would-hit-us-we-need-more-flexibility-168189 (with Richard Holden and Steven Hamilton) Conclusion In these rapidly changing times it makes no sense to fix a policy plan based on a months-old model. We need to respond flexibly to new evidence as it comes to hand. We need to consider all kinds of data,...

from Dean Baker   Now that George W. Bush is back in the news with his attacks on the Trumpist insurrectionists, it might be worth reviving one of the great lines of his presidency. After the September 11th attack, when Bush decided to go after not just the terrorists who planned the hijackings, but all sorts of people around the world he didn’t like, he lumped them together as “evil doers.” That may not be the most eloquent phrase, but it works well as a description of the modern...

Much of the United States (especially Washington, DC) is in the grip of a contagious lethal anti-China fever which is spreading fast. Even people I usually admire and respect have become infected. Reason and facts have lost all capacity to inoculate. Fortunately, I was sent a vaccine (that takes one minute to administer) which I […]

from Lars Syll Consider two elections, A and B. For each of them, identify the events that cause a given percentage of voters to turn out. Once we have thus explained the turnout in election A and the turnout in election B, the explanation of the difference (if any) follows automatically, as a by-product. As a bonus, we might be able to explain whether identical turnouts in A and B are accidental, that is, due to differences that exactly offset each other, or not. In practice, this...

And heading South out of Denver into the mountains of Colorado and New Mexico. Get to “Dan” for issues and problems. More on healthcare when I settle in tonight, Doing some deeper dives into Biden’s ACA modifications, Medicare, and Jayapal’s Bill. Have to split them apart otherwise it would be as long as the opioid’s post. You should read the long Purdue – opioid post, if you have not. I layout the time line of when Purdue introduced...

My contribution to Arena, now online in the September 2021 issue/ Share this:Like this:Like Loading...

from Nikolaos Karagiannis and RWER This short article on neoliberalism comprises three brief sections which discuss key theoretical notions, general practical issues, and worldwide experiences respectively while offering a facts-based assessment. Brief concluding remarks end the article. Theory Neoliberalism gained momentum in the 1980s and became distinct and recognizable as an ideology by the 1990s as the “Washington Consensus”.[1] Neoliberal theorists would suggest that their theories...

Source   “In the picture below I show the growth of $100 due to inflation using the traditional inflation metric (PCE deflator) used by the Fed in red, and an asset price adjusted metric, where the PCE deflator and the S&P 500 are equally weighted.”