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If not, you should be . . . The concentration is on Catlin and how to stop her. Opposing players are using tactics as simple as running into her and knocking her down. Tangling arms and wrestling the ball away are in vogue to disrupt her play. Since it is pro-basketball, more is allowed. Still, the fouls are called . . . Catlin Clark is an economic asset to women’s basketball. The crowds turn out to games when their teams play the Indiana...

Mainstream economists believe climate change will have a trivial impact on the economy. This is a common misconception. It’s like saying a small leak in a dam won’t matter because the water level is still low. But what happens when that leak becomes a flood? A 10°C rise in temperature would submerge Florida. It would devastate agriculture worldwide. Ignoring these facts is like ignoring a fire in a crowded theater. You might think it’s just a small flame....

Stimulus opponents — people having high IQ but no clue The stimulus opponents’ argument boils down to this striking claim: When the government spends borrowed funds now, consumers will realize that the resulting debt spells higher taxes in the future, which will lead them to curtail their current spending. Those cutbacks will offset the increased government spending dollar for dollar, leaving no net stimulus … There may be people who would actually spend...

Blog The New Economics Podcast autumn reading list What to read to understand some of the biggest challenges we face - and how to build a better world By Katrina Gaffney 04 September 2024 If we want to build a fairer, greener world, we need to...

Louis-Philippe Rochon on Paul Davidson. James Galbraith, Thomas Palley, and Matias Venengo on Paul Davidson. The Economist on Donald Harris. Response in letters to the editor (Both behind paywall). The Washington Post on policy advice from Donald Harris for Jamaica (Behind paywall). Maybe I want to read Vanessa Wills' Marx's Ethical Vision, which may be in tension with views I have set out. Gordon Katic on the insidious elitist upshot of behavioral economics.

Trump is promising mass deportations if he’s elected. He claims this will create jobs and economic growth. We’ve been here before.“In the 1930s, state and local governments deported 400,000 to 500,000 people of Mexican descent, promising to create jobs for Americans during the Great Depression. What actually happened? The employment of native-born Americans dropped — and their unemployment went up. American workers ended up with worse jobs and, if...

Two in five Americans have outstanding health care bills, according to the Kaiser Foundation. Those with payments overdue are more likely to be uninsured, low-income, and either Black or Hispanic. What’s more, the total amount of outstanding medical debt in the United States is much bigger than people think. ~~~~~~~ Most states have not yet enacted laws preventing the accrual of medical debt, but many have implemented protections for people who...

We have already posted on Grocery Stores artificially holding prices high and the use of another entity gathering those prices and supplying them to various entities. In day two, Kroger’s use of Albertson’s higher pricing to set their own pricing is a ” strategic avoidance of lowering pricing.” Read on, I will gather up Day Three for later tomorrow. Kroger’s Pricing Strategies and Market Control Scrutinized in Day 2 of Merger Hearing, Economic...

 – by New Deal democrat As usual we start the month with two important reports on the leading sectors of  manufacturing and construction. First, the ISM manufacturing index showed contraction yet again, with the headline number “less negative” by way of increasing from 46.8 to 47.2, and the more leading new orders subindex declining sharply by -2.8 from 47.4 to 44.6: Including August, here are the last sis months of both the headline...