What capitalists DON'T focus on

Count me among those who hope for the dawning of the driverless car age to happen soon. If I live long enough, the day will come when someone—my wife, my daughter—will extend their hand to demand the car keys. The prospect of being able to summon a driverless car to take me to the grocery store, hardware store, doctor’s office, theater, etc. is alluring. If I lived in Manhattan, I could take the bus or subway to any place I’d likely want, but public...

Article by the economist David Zetland citing other articles about boats during the time period of 1875-2020 as taken from The Atlantic. Like myself, David is a subscriber. It provide some interesting reads on a variety of topics. Some old, insightful articles on boats, The one-handed Economist, David Zetland The Atlantic has been publishing since 1857. As a subscriber, I can access their archive, which is full of interesting tidbits. To focus...

Blog When owning the land is the only answer Small businesses provide much value to local communities, but they're being pushed out of London by extortionate rents and need an alternative By Frances Northrop, Emmet Kiberd 06 November 2023...

The fundamental econometric dilemma There is one point, to which in practice I attach a great importance, you do not allude to. In many of these statistical researches, in order to get enough observations they have to be scattered over a lengthy period of time; and for a lengthy period of time it very seldom remains true that the environment is sufficiently stable. That is the dilemma of many of these enquiries, which they do not seem to me to face....

This is mostly a recital of an article by Peterson-KFF (March 2022) on medical debt as held by average people. A few tweaks here and there. The article content adds another block of reasoning to the foundation for Medicare for All, single payer, etc. It is long and I know some who have short attention spans. Myself? I like numbers as it tells me more in a direct fashion than decipher words and intent. If you have a few minutes, read it and scan the...

Weekly Indicators for October 30 – November 3 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. One way I keep track of the producer side of the economy is via the long leading indicator of corporate profits and the short leading indicator of the stock market. As is implied, the former has a long history of leading the latter. Except that the stock market turned down in 2022 before profits did and...

Documento 5/11/2023 Αλήθειες και ψέμματα για την απόκτηση επενδυτικής βαθμίδας από την S&P Σταύρος Μαυρουδέας Καθηγητής Πολιτικής Οικονομίας Πάντειο Πανεπιστήμιο Τμήμα Κοινωνικής Πολιτικής Η κυβέρνηση και τα διαπλεκόμενα ΜΜΕ πανηγυρίζουν για την αναβάθμιση της Ελλάδος σε επενδυτική βαθμίδα (BBB- με σταθερές προοπτικές) από τον αμερικανικό οίκο αξιολόγησης S&P. Υποστηρίζουν ότι σηματοδοτεί την οριστική έξοδο από την κρίση και απόδειξη της ανάκαμψης και του...

Please click here to support this open-access journal and the WEA RWER issue no. 105 download whole issue In Praise of Rebellion?Peter Radford2   Professor Stiglitz’s contributions to debates on intellectual propertyDean Baker 12   America’s trade deficits: blame U.S. policies – starting with tax lawsKenneth E. Austin 25   Extending the concept of inflation beyond consumer pricesMerijn Knibbe 46   History and origin of money in MMT and Austrian Economics:The difference methodology...

What we don't realize yet (for the worse...)