His honor assumes a fact not in evidence. Ruth Marcus has an important op-ed which cites strong evidence that the party of the president who nominated federal judges helps one predict their opinions. I will fair use the important part. “Now comes an intriguing study by a Harvard Law School professor that buttresses my point: If anything, it suggests we have underestimated the impact of party affiliation on judicial outcomes. Alma Cohen, whose...

 This article, which is favorable to MMT, contains a good explanation of what MMT is and isn't.interest.co.nzAs US Modern Monetary Theory advocates make their case in Australia, Gareth Vaughan explains the world through their lens and how it might go down in New ZealandGareth VaughanAnother side of the story.[US] Conservatives, [El Salvador’s President Nayib Bukele] said, “always tell me that the problem is high taxes, but they are wrong.”“The real problem is that you pay high taxes only to...

The “gold standard” of employment reports suggests that last summer’s job growth was even weaker than we thought  – by New Deal democrat While the monthly jobs report gets all the headlines, the “gold standard” for actual employment gains and losses is the Quarterly Census of Employment and Wages (QCEW), which as its name indicates, unlike the payrolls report is not a survey but rather an actual census of about 97% of all employers, via their...

Economists' Climate Predictions Exposed!

Economists proved over half a century ago that certain stories are unfounded in the theory. For example, one might think that if some workers are involuntarily unemployed, a drop in real wages would lead to a tendency for the labor market to clear. The Cambridge Capital Controversy revealed some difficulties. In response, some economists turned to the Arrow-Debrue-McKenzie model of intertemporal equilibria in which it is not clear that one could even talk about such concepts. The...

Credit Expansion's Impact on Economy

Ο όρος «αξιολόγηση» δεν υπάρχει σε κανένα θεσμικό κείμενο τόσο της ΕΕ όσο και των προτάσεων νόμου της ΝΔ και του ΠΑΣΟΚ. Αντ’ αυτού υπάρχει ο όρος «διασφάλιση ποιότητας». Είναι χαρακτηριστικά τα σχετικά κείμενα του Ευρωπαϊκού Δικτύου για την Διασφάλιση της Ποιότητας στην Εκπαίδευση (ENQA) που αποτέλεσε και τον σύμβουλο της ΕΕ στην σύνοδο του Μπέργκεν. Τα σχετικά μέτρα δεν μιλούν για την πιο εύηχη ελληνικά «αξιολόγηση» αλλά για «διασφάλιση της ποιότητας» (δηλαδή κάτι σαν ISO) και...

Remember chasing the mosquito man’s truck? silive.com, Cassy Sommer  During the fifties and sixties, it was not unusual to see trucks spraying DDT near heavily wooded and swampy areas. I certainly do not recall kids running behind truck spraying the areas. Some claim this was a common practice. My aunts and mom would have had a fit is we did such. ~~~~~~~~ The U.S. Department of Agriculture was the federal agency with responsibility for...

For as long as it takes .[embedded content] To all my brothers and sisters in Ukraine, fighting the Russian invasion for two years now. May God be with you. Never give in. Never give up.

When I was in college majoring in microbiology, we were taught that diseases like scrapie, Creutzfeldt-Jacob and kuru were caused by “slow viruses.” Over many years, it has become clear that misfolded proteins, not viruses, are the cause of these and other spongiform encephalopathies. Stanley Prusiner struggled for a long time to convince the scientific community of prions, for which he eventually got the Nobel Prize. There are many historical...