Despite how much it has appreciated, Nvidia is still not overvalued. 

 – by New Deal democrat The FHFA and Case Shiller repeat sales indexes are the last home sales and price data for the month. Two months ago I wrote that “for the next seven months the comparisons will be against an average 0.7% increase per month in 2023. Because house price indexes have shown a demonstrated lead over shelter costs as measured in the CPI, if present trends continue, as these YoY comparisons drop out, the YoY deceleration in OER...

I chose three graphs off of the USA Facts Org. site to make points of where are immigrants coming from, the makeup of them, how the border apprehends them, and the numbers turned away or apprehended. There is a much longer, well detailed, and interesting version of this commentary at USA Facts Org. ~~~~~~~~ 2024 Current State of the Union: US Immigration by USA Facts Org. Some Summary Data Authorized immigration to the US rebounded...

When I was in high school and college in the 1970s, marijuana was (a) illegal and (b) plentiful. I may or may not have inhaled, but people I knew were certainly growing, drying, selling and buying dope at the time. From a public health standpoint, marijuana is more benign than alcohol and tobacco.I’m happy to see the cannabis industry taxed. Cannabis, while organic, isn’t exactly health food and certainly isn’t the staff of life. But from an economic...

Corporate profits have received much more scrutiny in recent years. High inflation provoked on-going debates about the role of profit margins with terms like “greedflation” and “price gouging” levelled at corporations. People recognized that, at minimum, corporations are profiting from inflation. Analysis of 4,550 publicly-listed corporations found that 33% had record operating profits in 2021 or 2022.[1] Further, corporations with pricing power were found to be actively worsening...

A Beach On The East End Of Oneida Lake The Iroquois are an example of primitive communism. This post includes lots of anachronisms, and I use current place names. I had never heard of the Haudenosaunee before, which apparently is the preferred term. I find I do not know much about my neighbors, the Oneidas. The Oneidas were one of the five nations in the Iroquois confederacy. I am confused whether primitive capitalism is tied exclusively to hunter-gatherer societies, without a surplus...

[unable to retrieve full-text content]A new monthly column for German newspaper Zeiss. Ever since World War II, U.S. trade strategists have based their international policy on control of two key commodities: oil and grain. Economically, they have been the mainstay of the U.S. balance of payments, the leading categories of export surplus (along with weapons), especially as the U.S. Continue Reading The post Agricultural Imperialism in the EU first appeared on Michael Hudson.

Daniel is based in western Europe where he teaches. Many of his students write essays which he posts from time to time. WE are allowed to answer his students as to the accuracy or thoughts of the essays. I am sure the news he obtains about eastern Europe is far mor accurate than what we are getting in the US about Russia and its causalities. Putin’s choice: 500,000 casualties by Daniel Zetland The one-handed economist This figure...

In 2006, Joel Garreau (Smithsonian) wrote: “The United States’ population is growing at the rate of almost 1 percent per year, thanks in part to immigration and its secondary effects. Not only does the United States accept more legal immigrants as permanent residents than the rest of the world combined, but these recent arrivals tend to have more children than established residents—until, as their descendants attain affluence and education, the...

Σας καλούμε την Πέμπτη 30/5, στις 7.30 μμ, στη Λέσχη των Αναιρέσεων, Φερών 3 & Πατησίων, σε συζήτηση ενόψει ευρωεκλογών με θέμα : «Η οικονομική πολιτική των Τραπεζών, η Ε.Ε. και οι συνέπειες».  Συζητάμε με τους υποψήφιους στο ψηφοδέλτιο της ΑΝΤΑΡΣΥΑ: Μαυρουδέα Σταύρο, καθηγητή Πολιτικής Οικονομίας στο Πάντειο Πανεπιστήμιο και Μπικάκη Μαρία, συνταξιούχο τραπεζοϋπάλληλο. Σας περιμένουμε !...