Hot inflation number? No problem now for monetarists.

Some schemes never see to go away on Saving Private Social Security when in reality Public Citizen Social Security still works, needs no major saving, would take little to fix it, and far short of MMT. Taken from a 2006 commentary on Angry Bear by “Admin” at the time. I was not here at the time and maybe one of the oldsters can offer up a name. As I read this, what Crapo and the rest of the hooligans are proposing is an exercise in accounting....

The UK House of Lords Economic Affairs Committee is running an inquiry entitled “How sustainable is our National Debt?”The GIMMS written evidence to the inquiry has now been published....New WaylandHow Sustainable is our National Debt?NeilW

My Lords, it is a rare privilege for us to have the Foreign Secretary wind up a debate on foreign policy in this House. Such are the quirks of politics, I suppose. I shall concentrate on one topic, and that is economic sanctions. The sanctions regime has emerged as one of the most important tools of British foreign policy. Despite, or perhaps because of their long and tangled history, their rationale remains deeply mysterious. Are they tools of war avoidance or an extension of war by...

Banks Influence Politics Explained Viral

Uncovering the Dark Side of Capitalism

I heard there’s some good shit on TV tonight … Time is a scarce resource on television. However, if one still — as is so often the case nowadays — uses precious airtime for trivial matters and meaningless ‘entertainment,’ there must be a reason. Television is — still — for a large part of the population one of the primary sources of information and worldview. Thus, filling program schedules with trivialities becomes an effective means to — instead of...

A president assassinated, another pushed out of office, Black citizens beaten, cities burning, a war in Asia, and a rogue president. As taken and inspired by “The Supreme Court and the Constitution were never going to save us from Donald Trump,” Vox, Ian Millhiser A bit of Vox for you this morning. I am using bits of this VOX post. This commentary is by Ian Millhiser from earlier in March. His is good and my is rough but the idea is there....

Scenes from the February jobs report: yes, the Household Survey really was recessionary  – by New Deal democrat Later this week we get a lot of interesting reports, including CPI tomorrow, retail sales on Thursday, and industrial production on Friday. In the meantime, let’s take a further look at some of the more noteworthy data from Friday’s employment report. In particular, as I wrote then, the Household Survey portion of that report was...

Some words and thoughts that had to be said.