Some thoughts: There are many mentions in this commentary by David, I find true and factual. Much of my time in Europe and Asia was working, eating, and traveling with the residents of these countries and staying in their hotels. Not for just a few days, but weeks at a time. Europeans would place me in their hotels and Asians would up the scale and place me in American style hotels. The latter did not mean I did not see or experience their way of...

Workgroup for Marxist Macroeconomic Modelling Call for Papers for the 17th Forum of the World Association for Political Economy ‘Political Economy vs Economics in a turbulent multipolar world 2-4 August 2024, Panteion University, Athens, Greece Macroeconomic modelling plays an important role for both socialist and capitalist economies. Particularly for the former macroeconomic modelling is crucial for economic planning. Macroeconomic modelling – geared especially towards...

Nationalekonomi — mer fiktion än vetenskap Den värld vi lever i är i grunden osäker och kvantifierbara sannolikheter är undantaget snarare än regeln. Om ”Gud inte spelar tärning” som Einstein hävdade, skulle jag tillägga ”inte heller människor.” Världen som vi känner den kan endast i begränsad omfattning förstås utifrån antaganden om säker och fullkomlig kunskap. Dess inneboende och nästan obegränsade komplexitet och ’organiska’ samband förhindrar...

EVs are certainly proliferating, not only here in East Providence but all over the planet. However, Hertz’ retreat from the rental market demonstrates the challenges facing companies with large fleets of vehicles.Hertz cuts EV fleet by a thirdTrucking companies have a lot invested in their diesel engine-powered truck fleets, and of course, many trucks are owner-operated.Enter Remora. Named after fishes that hitch rides on whales, sharks, rays,...

Revolutionizing Economic Theory: From Labor Value to Marx

from Giandomenico Scarpelli and current issue of RWER As documented in the previous paragraph, in recent years it finally seems that most orthodox economists have become more aware of the catastrophic outcomes of climatic disturbances; but at this point the traditional policy they recommend could be insufficient to meet the goals set at international level. In fact, that policy consists mainly of pollution permits and carbon taxes, but if the permits are offered with great generosity and...

Feynman’s trick (student stuff) .[embedded content]

Oil, producers have been steadily selling into the rally. 

 – by New Deal democrat The Bonddad Blog New Deal democrat has been writing and featured at Angry Bear for years now. His economic outlooks have been accurate with few exceptions. As always the US economy is independent of us in the short term. Read on as NDd’s remarks are focusing on a sound labor market. ~~~~~~~~ As I wrote Friday, the news from the employment report was almost all good. Let’s follow up on the most important points...

My latest in The Guardian Supermarkets are the public face of inflation. Every time we go shopping, we are reminded that just about everything costs more than it did before Covid. And shrinkflation, once subtle and insidious, has become blatant. A standard chocolate bar is now what used to be called “fun size”. A natural response, particularly for politicians seeking to divert attention from themselves, is to blame greed and monopoly power. Explanations based on greed are rather...