Uncertainty's Impact on Shaping Economy

Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please. I’m now using Substack as a blogging platform, and for my monthly email newsletter. For the moment, I’ll post both at this blog and on Substack. You can also follow me on Mastodon here. Share this:Like Loading...

I have a very extreme opinion about what we can learn from the struggle between Russian and Ukraine for control of the Black Sea. First I think it is agreed that Ukraine basically has won the struggle so far. First Russia removed naval vessels from Sebastopol to Russia proper — this is huge news as it would have been at any time in the past 150 or so years. The ships were too vulnerable to anti-ship missiles and drones. This means that the...

Revolutionizing Economic Theory: From Labor Value to Marx

“Academics and freedom of speech,” The one-handed economist, David Zetland The First Amendment of the US constitution reads: Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances. The purpose of a constitution (ably explained...

Weekly Indicators for January 8 – 12 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. There are almost always a few interesting ripples in the pond. In the past month, notably there has been the sudden collapse in YoY tax withholding payments. I’m not too concerned yet, but if it goes on much longer, it would portend some serious employment weakness. Another such ripple, among the long leading...

[unable to retrieve full-text content]RADHIKA DESAI: Hello and welcome to the 21st geopolitical economy hour, the show that examines the fast-changing political and geopolitical economy of our time. Welcome also to a new year that promises to be nothing but rocky, so let’s help rock it in the right direction. I’m Radhika Desai. MICHAEL HUDSON: And I’m Michael Hudson. Continue Reading The post Debt Makes the World Go Around first appeared on Michael Hudson.

Pepe Escobar's forecast on Eurasian development in the coming year.Strategic Culture Foundation (sanctioned by the US Treasury Department)Year of the Dragon: Silk Roads, BRICS Roads, Sino-RoadsPepe EscobarIf SCF is blocked, you can access the article at The Alternative World here.

Jim Stanford is a Canadian economist and founder of the Progressive Economics Forum. He holds a master's degree in economics from Cambridge University and a doctorate from the New School for Social Research. He is author of a column for the Canadian newspaper The Globe and Mail. In 2016 Stanford relocated to Australia, where he is the founding director of the Centre for the Future of Work, a non-partisan research organization funded by the public policy think tanks, Canadian Centre for...

Uncovering the Truth Behind Supply Curve