Chronological order. Randy Wray and Stephanie Kelton each make the list.Lars P. Syll’s BlogTop 25 Heterodox Economics BooksLars P. Syll | Professor, Malmo University

 – by New Deal democrat There’s no big economic news today, but yesterday existing home sales were released. While they have historically constituted up to 90% of the entire market, they have much less economic impact than new home sales, which involve all sorts of construction activity, followed by landscaping, furnishings, and other sales. Since the Fed started raising rates two years ago, the two markets have gone in entirely different...

Hal Singer at Lever News wrote a commentary explaining how banks (mostly) are upset with the Consumer Financial Protection Bureau capping credit card late fees at $8. One would think this covers every bank. It does not and only covers banks with more than 1 million card holders. Any bank or organization with less customers can avoid the new rule. And of course there are other exceptions. The new rule takes effect sixty days after being posted in...

Revealing Neoclassical Economics' Controversial Flaws

I veckans avsnitt av Starta Pressarna intervjuas Clara E. Mattei — författare till boken Kapitalets ordning: Hur ekonomer skapade åtstramningsdoktrinen och banade väg för fascismen  (Verbal förlag, 2023) — och diskuteras hennes tes om att den ekonomiska åtstramningspolitiken historiskt växt fram som ett sätt att hålla tillbaka arbetarklassen. Som alltid på den här podden — både intressant och tankeväckande! För många konservativa och nyliberala politiker och...

Brilliant Insights of Modest Bastard

Angry Bears’ Social Security expert Dale Coberly emailed this to me about the same time it showed up in my inbox. Republicans again are trying to sell the public on the need to cut Social Security and Medicare Budgets for those over 65. Cutting them while keeping the Trump tax breaks which will result in a $2 trillion deficit by the time Reconciliation measures end in 2025. The cuts makes no sense as both programs are far more efficient and effect...

 – by New Deal democrat Initial and continuing claims once again continued their recent good streak.  Bonddad Blog Initial claims declined -2,000 to 210,000, while the four-week moving average rose 2,500 to 211,250. Continuing claims, with the typical one-week delay, increased 4,000 to 1.807 million: While these aren’t the 50+ year lows we saw 18 months ago, they’re not far off. For forecasting purposes, the YoY% change for initial...

Dr. DT Cochrane has graduate degrees in economics, and social and political thought. His research and publications have covered a range of topics including pipeline finance, big tech, and corporate power. Raised on a Saskatchewan ranch, he now lives in Peterborough with his partner and children. When not figuring out new ways to use pivot tables, he can be found reading fiction, taking photos, enjoying the outdoors. Website: https://dtcochrane.com/

There will never be enough human kidneys available to transplant all the patients in renal failure who are on dialysis. While there has been considerable interest in xenotransplantation (sourced, in this case, from pigs), the barriers to sustainable transplant have so far proved insurmountable: these include immune rejection and activation of cryptic viruses. Now, thanks to genome editing, those barriers may now be overcome:“The pigs whose organs...