“50 Years Ago Today“ by Digsby Digby’s Hullabaloo #OnThisDay Aug. 9, 1974 President Nixon delivers farewell address to staffers: “Always give your best. Never get discouraged. Never be petty. Always remember others may hate you but those who hate you don’t win unless you hate them. And then you destroy yourself.” pic.twitter.com/p6pQz1AQ6w— CSPAN (@cspan) August 9, 2024 He was a corrupt monster. But at least he wasn’t an...
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The horizon for the 2024 presidential election suddenly shortened from years to about three months
August 9, 2024 by Heather Cox Richardson AB: Is trump a liar ??? Letters from an American When President Joe Biden announced that he would not accept the Democratic nomination for president and endorsed Vice President Kamala Harris on July 21 less than three weeks ago, the horizon for the 2024 presidential election suddenly shortened from years to about three months. That shift apparently flummoxed the Republicans, who briefly talked...
Read More »Careful what you eat
I grew up in East Tennessee in the 1960s. Fish was something that came in breaded rectangles out of the freezer. Growing up Roman Catholic, it’s what was for dinner on Friday. I never cared for fish back then.We honeymooned in Charleston SC (“where the Ashley and Cooper rivers meet to form the Atlantic Ocean”) and that’s when I first had shark. While we were in grad school in North Carolina, we occasionally enjoyed crab and rock shrimp. There was good...
Read More »Marxian Economics Award acceptance speech – S.Mavroudeas
I had the honour to be awarded the Marxian Economics Award by the 17th WAPE Forum (2-4 August 2024, Panteion University). The Marxian Economics Award is founded by the World Association for Political Economy (WAPE) to economists of different countries in the world who have made important innovations in the research of theories, methodology and application of Marxist economics. This is the acceptance speech that I delivered in acceptance of the award. [embedded content] View...
Read More »Climate adaptation options
by The one-handed economist Humans are not doing enough mitigation to slow — let alone reverse — climate change chaos. Average global temperature is now +1.2C, far above which is on track to exceed the 2015 Paris Agreement’s target of “holding the increase in the global average temperature… increase to 1.5 °C above pre-industrial levels” by 2034.* In this 2011 post (“We’re screwed, now what?”), I wrote: Mitigation-focused investments...
Read More »Shade Will Make or Break American Cities
by Emma Marris AB: I grew up with trees around us in the city of Chicago. Mostly giant Ash trees or the soft wood maples. They provided shade to the front and back of the house. Our first home in Wood Dale had a giant Burr Oak next to the garage and a Hickory in the middle of the back yard near the well. In Madison Wisconsin I planted trees and the same holds true in Michigan just north of Ann Arbor. Here and south of Phoenix, AZ we bought...
Read More »The roots of today’s authoritarianism
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Read More »The fiscal situation is getting worse. 
That government transfers, year-over-year are falling further. Guess who’s selling? 
Read More »Volatility Unwound
[unable to retrieve full-text content]The stock market crashed on August 5, in a new “Black Monday”. What caused it? Is the USA on the verge of a new financial crisis? Ben Norton is joined by economist Michael Hudson to discuss the extreme volatility, AI / Big Tech bubble, Japanese yen carry trade unwind, Chinese economy, and geopolitical dangers. Video Continue Reading The post Volatility Unwound first appeared on Michael Hudson.
Read More »Still no power? Here’s when lights could turn on in Northeast Ohio
“Still no power? Here’s when lights could turn on,” StormTeam2 The lights have gone out in many parts of Ohio. Commenter and sometime writer r.j.s. citing conditions near his home after bad weather passed through. CLEVELAND (WJW) — FirstEnergy is calling storms that hit Northeast Ohio on Tuesday the most impactful to hit The Illuminating Company service territory in more than 30 years. On Tuesday evening, heavy downpours and strong winds...
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