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The great economy Trump left Biden

from Dean Baker We have been seeing numerous stories in the media about how people support Donald Trump because he did such a great job with the economy. Obviously, people can believe whatever they want about the world, but it is worth reminding people what the world actually looked like when Trump left office (kicking and screaming) and Biden stepped into the White House. Trump’s Legacy: Mass Unemployment The economy had largely shut down in the spring of 2020 because of the pandemic. It...

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China Manufacturing and Its Potential Costs

This article is kinda long and also along the lines of what I have done since the mid-seventies. I consulted in throughput for a while. Did not much like it as compared to actually doing it. It is a good piece though. This report is twenty years old and things have changed in China. Modernization has changed its cities and is having an impact outside of them. Been there and seen it multiple times over the years. However, the topic is different than...

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Lloyd Alter’s Sustainable Design Students are Teaching Him

My TMU Sustainable Design students on how to fix the world, Carbon Upfront, Lloyd Alter. For about a dozen years, I have taught a one-term course on Sustainable Design at Toronto Metropolitan University (TMU, formerly Ryerson University). It started in the School of Interior Design but has expanded to include students of photography, urban design, fashion, and journalism from the Creative School. Teaching sustainable design is tough; it is...

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For MLK Day: Blacks are faring better during the post-pandemic Boom than at almost any time in the previous 50+ years

For MLK Day: Blacks are faring better during the post-pandemic Boom than at almost any time in the previous 50+ years  – by New Deal democrat On this MLK Jr. national holiday, let’s take a look at how Blacks are faring in the current economy. And the answer is, pretty good! The unemployment rate for Blacks in December was the 2nd lowest ever in 50+ years of history, at 5.2%. The lowest was last April at 4.8%: The Black unemployment...

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The social costs of greenhouse gas emissions in health care are astounding — and we’ve been ignoring them completely — David Introcaso

The social cost of greenhouse gas (GHG) emissions, considered the single most important measure in addressing the climate crisis, is generally defined as an estimate of societal damages, including health harms, resulting from unpaid or externalized GHG emissions. Researchers have been calculating this cost for several decades. Federal agencies began regularly incorporating the social cost of these emissions in 2008 — today, more than 80 federal regulations reflect its use. Despite the fact...

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A Response To A Question About Post-Keynesian Interest Rate Theories (…And A Rant) — Brian Romanchuk

I got a question about references for post-Keynesian theories of interest rates. My answer to this has a lot of levels, and eventually turns into a rant about modern academia. Since I do not want a good rant to go to waste, I will spell it out here. Long-time readers may have seen portions of this rant before, but my excuse is that I have a lot of new readers....Bond EconomicsA Response To A Question About Post-Keynesian Interest Rate Theories (...And A Rant)Brian Romanchuk

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Israel’s genocide, US assistance, and consequences thereof

South Africa has now presented its charge of Israeli genocide in the International Court of Justice (ICJ), and Israel has presented its rebuttal. Regardless of the ultimate judgment, a page has been turned. Israel’s actions in Gaza, assisted by the US, have changed the geopolitical landscape. The consequences stand to be dire and lasting. The […]

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