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Chinese translation of THE GREEK CAPITALISM IN CRISIS – MARXIST ANALYSES

The collective volume THE GREEK CAPITALISM IN CRISIS – MARXIST ANALYSES has been translated Chinese and published in China. The book was edited by Stavros Mavroudeas and includes contributions of several Greek Marxist political economists. It was originally written in English and published by Routledge. The Chinese edition was translated in the NorthWest University (in X’ian) and published by China Economics Publishers. Several presentations of the book in Chinese...

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Austrian vs Keynesian Economics

Robert Patrick Murphy is an American economist. Murphy is research assistant professor with the Free Market Institute at Texas Tech University. He has been affiliated with Laffer Associates, the Pacific Research Institute, the Institute for Energy Research, the Independent Institute, the Ludwig von Mises Institute, and the Fraser Institute. Website: https://www.bobmurphyshow.com/

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Statistical assumptions as empirical commitments

Statistical assumptions as empirical commitments Real probability samples have two great benefits: (i) they allow unbiased extrapolation from the sample; (ii) with data internal to the sample, it is possible to estimate how much results are likely to change if another sample is taken. These benefits, of course, have a price: drawing probability samples is hard work. An investigator who assumes that a convenience sample is like a random sample seeks to...

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US wealth distribution – fiscal policy increases private net worth but the poor miss out — Bill Mitchell

I read an interesting report this morning, which resonated with some other work I had been looking into earlier in the week. The Australian Council of Social Services (ACOSS) released a report yesterday (September 27, 2023) – Inequality in Australia 2023: Overview – which shows that “The gap between those with the most and those with the least has blown out over the past two decades, with the average wealth of the highest 20% growing at four times the rate of the lowest”. It is one of the...

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A government in which racial minorities have a say is illegitimate”

No, this is not the title of this essay by Prof. Heather Cox Richardson who also writes “Letters from an American,” a substack drawing hundreds of commenters daily. Some Republicans are attempting to make this argument a reality. The insistence that of their opponents being socialists goes hand in hand with their effort to suppress Black and brown voting. In this Atlantic article we find Prof. Heather discussing how the treatment of equal rights,...

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A high national debt can be bad news, sort of like a high stock market

from Dean Baker The media have been giving considerable attention to the national debt in the last year or so. They have some cause, it has been rising rapidly, and more importantly, the interest burden of the debt has increased sharply since the Fed began raising rates last year. But, if we want to be serious, rather than just write scary headlines, we have to ask why the debt is a problem. The first concern to dispel is the idea that the country somehow has to pay off its debt. Our...

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Eurofanatiker försöker köra över folket igen

Eurofanatiker försöker köra över folket igen Efter att ha misslyckats med att få in Sverige i euron på demokratisk väg försöker nu marknadsliberaler andra metoder. ”Jag ser inget behov av en ny folkomröstning om euron” säger Liberalernas ordförande Johan Pehrson.  I en debatt i TV4 Nyhetsmorgon (14/9) tog även Timbros nya chef PM Nilsson av sig masken. Han hade pratat med valutahandlare som sa att kronan skulle kollapsa när som helst, så nu måste vi skynda...

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