.[embedded content] Sublime, breathtaking, and absolutely magnificent. A choir of angels touching the depths of my soul. In loving memory of my parents-in-law, Ritva [† 2021] and Erik Syll [† 2020]

Unveiling the Hidden Value of Machines

According to yesterday’s navel-gazing piece in the Boston Globe*, “on-the-fence” voters are edging to supporting Trump because they feel looked down upon by Democrats. WTF? Do they seriously believe that Trump *doesn’t* look down on his supporters? It is blindingly obvious that the only person on the planet that Trump cares about is Donald Trump. The toolkit of Trump and the Trump GOP consists entirely of cultivating resentment: resentment of American...

Briefly noted: existing home sales appear to be bottoming near 30 year lows as prices continue to firm  – by New Deal democrat Last month I wrote that existing home sales “are likely in the process of bottoming, as they have been in the range of 3.79 million to 4.10 million for the past five months:” That continued to be the case in December, as sales declined -3,000 on an annualized basis to 3.78 million: On a longer term basis,...

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More on "inflation."Bond Economics Waller CommentsBrian Romanchuk

Economist Stephanie Kelton has made a name for herself by insisting that deficits don’t matter. In an interview with Jacobin, she argues that we're seeing a paradigm shift away from free-market dogmas and austerity.JacobinStephanie Kelton Thinks the Conventional Wisdom Is ChangingLukas Scholle interviews Stephanie Kelton, professor of public policy and economics at Stony Brook University,

More on what is going on with Purdue and the Sacklers. This is probably one of the sorriest events one could ever read about. The sales success of OxyContin was promulgated on it being nonaddictive. By taking a 1980 brief/letter reporting the results on the use of opioids in a HOSPITAL SETTING and deleting such setting, Purdue was able to magnify the sales of OxyContin a time release dose of an opioid. The sales gave the Sackler family the...

Unveiling the Soviet World's Reality

The alleged “appeal” of Ron DiSantis is that he’s “Trump without the baggage.” So why is DiSantis (and Nikki Haley and Vivek Ramaswamy, the other Trump imitators) doing so poorly? The answer is that the Trumpenproletariat *want* the Trump baggage. To them, that’s his appeal.The Canadian philosopher Marshall McLuhan nailed this decades ago: the medium is the message. Trump is the medium and thus Trump is the message. Anyone else is a different medium...