MMT — the key insights As has become abundantly clear during the last couple of years, it is obvious that most mainstream economists seem to think that Modern Monetary Theory is something new that some wild heterodox economic cranks have come up with. That is actually very telling about the total lack of knowledge of their own discipline’s history these modern mainstream guys like Summers, Rogoff and Krugman have. New? Cranks? Reading one of the founders of...

More than five years in, no recession and growth still strong, they’re still saying the inverted yield curve is forecasting recession. 

 – by New Deal democrat My “quick and dirty” economic status indicator is the stock market (still making new all-time highs) and initial jobless claims, which are also still positive for the economy despite being in an apparent uptrend. Last week initial claims rose 8,000 to 229,000, their second highest level in the past 9 months. The four-week moving average declined -750 to 222,250, just below its own 9 month high of the week prior. With the...

A guide to electric car misinformation (part 2) by Emily Atkin HEATED Contrasting EVs to gas powered vehicles. And will EVs be as bad or worst that gasoline powered vehicles. And some promoters of EVs go in the opposite direction over promoting EVs or what the article calls green washing EVS. ~~~~~~~~ Financially motivated EV misinformation comes from both sides of the aisle (the lane?). Industries that see EVs as a threat exaggerate...

The day we will never forget Les sanglots longsDes violonsDe l’automneBlessent mon coeurD’une langueurMonotone. [embedded content]

Ιουνίου 06, 2024 Σε αυτό το επεισόδιο ο Στέλιος Μερμίγκης και ο Γιώργος Κατσιπάνος συνομιλούν για τις επικείμενες ευρωεκλογές με τον Σταύρο Μαυρουδέα υποψήφιο ευρωβουλευτή με το ψηφοδελτίο της ΑΝΤΑΡΣΥΑ. Ο Σταύρος Μαυρουδέας (γενν. 1961) είναι Έλληνας οικονομολόγος που ακολουθεί την παράδοση της Πολιτικής Οικονομίας. Είναι καθηγητής (με γνωστικό αντικείμενο «Πολιτική Οικονομία») στο τμήμα Κοινωνικής Πολιτικής του Παντείου Πανεπιστημίου. Προηγουμένως εργάσθηκε από το 1993 έως το 2019...

Traffic was moderate. I was sitting at a red light on Hathaway Avenue waiting for the light to change. It changed when I was not looking. No horns honking at me. I was slow to make my left turn on to John Wayne Parkway. Just as I was going to move, a jacked-up pickup with oversized tires blew through the red light. Like wow, if I had moved when I was supposed to, there might have been a collision. He was in the middle lane and partially hidden from...

One of the major considerations for us in where to settle when we moved to New England was being near high end health care. We lived for 40 years in St. Louis, which has multiple tertiary/quaternary care hospitals, including two academic health care centers. On the other hand, I watched as my parents, who lived for 20 years in rural upstate New York dealt with community hospitals, and when my mom was treated for multiple myeloma, she traveled four...

by Kip Sullivan Counterpoint Minnesota Kip Sullivan has been featured at Angry Bear over the years. Kip is known for his promotion of Single Payer healthcare, the costs of it and the benefits of it to healthcare providers and patients. His topic today is HMOs and how they have impacted MN hospitals. HMOs prospered through the advertisement of managed care and the benefits of it as long as it had healthier patients. Think Medicare Advantage...

Publications Switching to social rent Delivering the homes we need through the Affordable Homes Programme By Sam Tims 06 June 2024 Download the report The housing emergency in England...