I subscribe to the Atlantic and have done so for about a decade. I subscribe to the print version also which accompanies me on long flights. An Interesting read and I like to turn pages. This morning I ran across an article by John Virtue, “How John F. Kennedy Fell for the Lost Cause. And the grandmother that will (did) not let him get away with it.” The article itself is interesting enough to read. Maybe you have access to the link I...

[unable to retrieve full-text content]WAR Against NATO Not Russia | China vs. USA | BRICS | Michael Hudson Dialogue works (Nima): We look at this war in Ukraine, it’s been 18 months in this war in Ukraine and Ukraine got devastated by this war. What was the endgame for the U.S. foreign policy in Ukraine? Michael Hudson: Well, it Continue Reading The post The EU’s Desperate Need for a New Economic Framework first appeared on Michael Hudson.

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Beijing: China needs to decisively ramp up fiscal spending so it can support an economy damaged by Western restrictions on trade, according to a Chinese scholar studying an unconventional school of economic thought.Jia Genliang – the co-author of the new book Modern Monetary Theory in China and a professor at the Renmin University of China in Beijing – said China should lift its headline deficit ratio to above 5% of gross domestic product on average for the next decade.…Jia is one of the...

Publications A fair start for all A universal basic services approach to early childhood education and care By Tom Pollard, Anna Coote, Jeevun Sandher, Tom Stephens, Harry Ewart-Biggs 20 November 2023...

Wealth and debt are related?

It is hard to overstate the transformational public health benefits of anti-hypertensives and statins for blood pressure and serum cholesterol control. For a modest cost, these drugs not only mitigate human suffering but save billions, if not trillions, of dollars by avoiding costly surgical interventions.The repurposing of anti-diabetic drugs like semaglutide and tirzepatide for weight loss in obese populations promises to be similarly...

‘New Keynesianism’ — more useless than ever .Macroeconomic models may be an informative tool for research. But if practitioners of ‘New Keynesian’ macroeconomics do not investigate and make an effort to provide a justification for the credibility of the assumptions on which they erect their building, it will not fulfil its tasks. There is a gap between its aspirations and its accomplishments, and without more supportive evidence to substantiate its claims,...

Causal traps of statistics .[embedded content] Statistical reasoning certainly seems paradoxical to most people. Take for example Simpson’s paradox. From a theoretical perspective, it importantly shows that causality can never be reduced to a question of statistics or probabilities unless you are — miraculously — able to keep constant all other factors that influence the probability of the outcome studied. To understand causality we always have to relate it...

Weekly Indicators for November 13 – 17 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. After a brief pause, the coincident indicators have continued to improve. There are now very few that are not positive. The spotlight therefore remains on the short leading indicators, as to which manufacturing has not declined enough to tip the economy into recession, and construction has not declined...