What is malinvestment?

 – by New Deal democrat Before I get to the (relatively) good news in retail sales, let’s take a look at the bad news from industrial production. On a monthly basis, production declined -0.3%. Manufacturing declined -0.4%. There were also downward revisions to last month. Both of these continue to slowly fade from their 2022 peak: On a YoY basis, production is down -0.6%, and manufacturing production is down -0.4%: For all intents...

Detta överskottsmål, som kanske låter sunt och försiktigt och utgörande en del av vårt lutherska kulturarv och därmed en del av vår ”svenska identitet”, är enligt min mening både feltänkt och djupt förankrad i den 90-tals ideologi som få säger sig bekänna sig till idag, ”nyliberalismen”. Den är ett verktyg för att begränsa och hålla den offentliga sektorn på plats och inget annat. Dess förmenta fruktbarhet grundar sig på en falsk historieskrivning om den svenska 90-talskrisen,...

by Steve Roth Originally posted at Wealth Economics Please excuse two paragraphs of a personal insight up front here. I think it’s pertinent. What follows are some serious research results, just out, that I think are hugely revealing about the ways of the (economic) world. I had a visit from an old and good friend recently: dad of one of my kids’ best childhood friends, and in more recent years a business/investing colleague. We both had...

I will try to say more about this, but for now: You might have missed it, but in August, Gorsuch published a book titled Over Ruled, which argues that there are too many laws on the books and that government officials at both the federal and state levels are enforcing them in increasingly unpredictable and unjust ways. The argument is not exactly original, but it takes on a different force when it comes from a sitting Supreme Court justice....

I am very tired as of late. Having been working with our old server partner and getting prepared to go to a new server partner. The new partner appears to be more astute. Also working with our advertising partners to get better ads. Got a meeting with the VA next week to discuss my two years in and out of Lejeune and the water. Going through rehab the second time for my back. before they cut into it. Upcoming operation. Physical therapy going on...

by Mark Joseph Stern Not going to say too much as I said my piece here; “Looks Like SCOTUS May Hold for the US on “Ghost” Guns, Angry Bear by Amy Howe at SCOTUS Blog. To sum it up, there is no defense for bullet spewing weapons not having serial numbers. Slate Jurisprudence Lawyers with bad arguments in defense of terrible causes are on a winning streak at this Supreme Court. The conservative supermajority often seems committed to laundering...

from Lars Syll The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2024 is awarded to Daron Acemoglu, Simon Johnson and James Robinson “for studies of how institutions are formed and affect prosperity.”  Daron Acemoglu and James Robinson’s work, particularly in Why Nations Fail (2012), is widely recognized within new institutional economics for its argument that inclusive political and economic institutions are key determinants of long-run prosperity and...

A conversation on providing for disability. The right to work as an equal also extends to the disabled. Contingencies are made for the disabled and is a key factor in having the ability to provide for themselves. Doors that open with the touch of a button. Wheelchair accommodations to go up a step or a set of stairs. Access to the use of bathrooms. Adequate desks and chairs. In which case if not available, society takes away the ability of...

Publications A frequent flying levy in Europe The moral, economic and legal case By Alex Chapman, Sebastian Mang, Magdalena Heuwieser 17 October 2024 Download the report...