Podcasts Introducing the new chief executive of NEF Ayeisha Thomas-Smith is joined by Danny Sriskandarajah By Ayeisha Thomas-Smith 13 February 2024 It’s 2024 and in Westminster an election is at the forefront of everyone’s minds. Step back a...
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Why economics is an impossible science
from Lars Syll In a word, Economics is an Impossible Science because by its own definition the determining conditions of the economy are not economic: they are “exogenous.” Supposedly a science of things, it is by definition without substance, being rather a mode of behavior: the application of scarce means to alternative ends so as to achieve the greatest possible satisfaction—neither means, ends, nor satisfaction substantially specified. Exogenous, however, is the culture, all those...
Read More »USPS tells regulator, “mind your own regulations”
This has been going on several years now and Angry Bear has been featuring Steve Hutkins from Save The Post Office and also former North Carolina Postmaster Mark Jamison. The battle goes on as big business through Louis DeJoy attempt to bring their vision of how a Post Office should be managed. The USPS is meant to go anywhere and everywhere mail needs to be delivered. It is not supposed to eliminate delivery to places farfetched and out of the way...
Read More »Three Abortion Study Results are Retracted from a Publication
This is supposed to be the experts bringing data to the public. Prestigious name coupled with a doctorate and Masters. Tied to exceptional universities. So what gives? Read on as this information was used in court and cited by a judge. — Two of the studies were cited by a federal judge in the case against the abortion pill. Publisher Retracts Three Abortion Studies, MedPage Today, Rachael Robertson February 8, 2024 Sage Journals...
Read More »Europe’s foreign policy has been hacked and the consequences are dire
Europe’s foreign policy has been hacked and captured by US Neocon interests. That capture poses a dire threat to both European democracy and global security. The threat to global security is because Europe is now captive in the US Neocon war on China and Russia. The threat to democracy comes from European voters gradually intuiting […]
Read More »Det finanspolitiska ramverket och välfärdsbyggande investeringar
Det pågår en lågintensiv jordbävning i den ekonomisk-politiska debatten. Mantrat sedan 1990-talet om att det alltid är klokt att spara i ladorna – det som på ekonomspråk kallas överskottsmålet – håller på att ifrågasättas av både politiker och ekonomer … Baserat på en gedigen bilaga av professor Lars Calmfors landar [Långtidsutredningen] i slutsatsen att ett underskottsmål på 0,5 procent av bnp och ett skuldmål kring 45–50 procent av bnp är både klok och hållbar politik....
Read More »Pesants, the most unequal of professions
The French and European agricultural crisis has demonstrated that no sustainable development trajectory is possible without a drastic reduction in the social inequalities and glaring injustices of our economic system. Instead, the public authorities in Paris and Brussels are embarking on an old-fashioned headlong rush to relaunch pesticides and pollution, without giving themselves the means to tackle injustices and liberal dogmas. This is all the more ill-adapted given that the farming...
Read More »Dollars can’t go anywhere
There’s no such thing as capital “flight.” Major Foreign holders of US debt. (Link) https://ticdata.treasury.gov/resource-center/data-chart-center/tic/Documents/slt_table5.html
Read More »Aggregate payrolls vs. total withholding taxes paid: which one has been telling the truer tale?
Aggregate payrolls vs. total withholding taxes paid: which one has been telling the truer tale? – by New Deal democrat The drought in new data continues for today. So I wanted to take a further look at the two measures of total payrolls I discussed on Friday, one of which has been of some concern. One is total aggregate payrolls, which is part of the Establishment survey portion of the jobs report each month, and the other is total tax...
Read More »A national unity ticket, redux . . .
I want to respond to some of the comments on my last post and sharpen my own thinking by gaming out some ways the campaign might evolve. I assume our goal is to have a Democrat – very probably Biden – beat Trump. The question is how to maximize our odds of achieving this goal. Bill Kristol argues today that Biden should step down now and allow an open contest for the democratic nomination. This is debatable advice (as he acknowledges). As Seth...
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