by David Zetland The one-handed economist Schools tend to go to one extreme or another when it comes to grades: they are either confidential or posted openly. The reasons for confidential tend to involve self esteem, privacy, peer pressure and bullying. The idea is that students will be mean to each other if they know the grades of others. This idea is a bit flawed — students can be mean in many ways, grades are feedback on work rather...
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Correcting 11 Washington Post’s Charts That Are Supposed to Tell How the Economy Changed Since Covid
by Dean Baker CEPR Not much of a surprise here the 11 Washington Post’s Charts need some explaining to correct the misinterpretation of them by WaPo. The issue here is the amount of bad or false information floating around in the news media today. People tend to believe what they initially read and go no further. When people like Prof. Dean come along and correct the inaccuracies it can be misinterpreted as political. People want to believe...
Read More »When Warren Mosler tried to teach Larry Fink, MMT.
Evidently it went in one ear and out the other. Now Larry Fink wants your retirement money. 
Read More »NBC fires Ronna McDaniel, former RNC chair.
Gee, whata surprise. Did this even make sense in the beginning? NBC empties the trash can before it starts to smell. Robert Reich: Ronna McDaniel’s tenure at NBC lasted four days. It ended last night, after network anchors and reporters blasted NBC’s decision to hire her last Friday. They argued that hiring her gave a green light for election deniers to spread lies as paid contributors. The New York Times said the episode underscored the...
Read More »A detailed look at manufacturing, and an update on freight
– by New Deal democrat As I wrote on Monday, the big question for this year is whether the recessionary effects of the Fed rate hikes have just been delayed. Or whether, because the rate hikes have stopped, so has the headwind they normally produce. Watching manufacturing and construction, especially housing construction, is what I expect to supply the answer. On Monday I focused on housing construction and sales. Since there’s no big economic...
Read More »Daniel Kahneman, RIP
Decisions, decisions...
Read More »new issue of Real-World Economics Review
Please click here to support this open-access journal and the WEA real-world economic review issue no. 106 download whole issue How entropy drives us towards degrowthCrelis Rammelt2 “It is much too soon to act “ – Economists and the climate changeGiandomenico Scarpelli8 Addressing the climate and inequality crises:An emergency market plan simulationJorge Buzaglo and Leo Buzaglo Olofsgård21 Stocking up on wealth … concentration Blair Fix 40 Back to the past: income distribution in...
Read More »Wie Identitätspolitik die Demokratie gefährdet
.[embedded content] Ein besorgniserregender Aspekt des Wokismus ist seine Besessenheit von Viktimisierung. Die Wokisten konzentrieren sich auf kollektive Viktimisierung anstelle des Individuums. Sie klassifizieren Individuen nach ihrer Zugehörigkeit zu Identitätsgruppen und weisen ihnen einen Opferstatus gemäß diesen Kriterien zu. Diese Herangehensweise reduziert Individuen auf ihre Gruppenidentität und untergräbt so ihre Autonomie und ihre Fähigkeit, sich als einzigartige...
Read More »The Soviet System’s Downfall Explained
The Soviet System's Downfall Explained
Read More »Battle for Recognition: Economic Historians
Battle for Recognition: Economic Historians
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