It is not difficult to discern Foucault’s animosity toward the post-war left project. Obviously he was very hostile to Marxism … For Foucault in 1977, “the return of the revolution, that’s our problem (…) You know it very well: it’s the desire itself of the revolution that is a problem” … Foucault’s non-vote for Mitterrand in 1981 was about more than just a vote; it revealed his deep suspicion of the whole project of the left after 1945, with its strong state, universal...

In this letter, Marx outlines the three volumes of Capital. I know about this letter from Fred Moseley's Money and Totality (2016). Is this where scholars learned about Marx's mother (-in-law?) saying, "If only Karl had accumulated capital instead of writing about it"? The context is a discussion, in a couple of previous letters, of the effects of inflation on the rate of profits. This letter is more evidence that Marx was quite conscious of the transformation problem. (Theories of Surplus...

I read through this short report on Laboratory Benefit Managers which included commentary on Pharmacy Benefit Managers. My overall opinion is they are middlemen and as such they add cost to the delivery of healthcare. The explanation does provide insight. The Time is Now for Laboratory Benefit Management, Managed Heathcare Executive, April 2022. PBMs Explained We have Pharmacy Benefit Managers (Pharmacist Society of the State of New York)...

As taken from an earlier post on a woman’ healthcare. There are quite a few issues which can arise while a woman gives birth which I detailed in the 2019 post. Having good healthcare insurance is a big factor in having safe deliveries before, during, and after a birth. The first line of this section was healthcare for women and maternal mortality is an important indicator of a nation’s overall quality of healthcare. If a person has healthcare...

Yesterday, I gave a presentation to the Canberra Security Economics Network. Central point: *Self-defence is special, military expenditure is not* Spelling this out *The need to defend the country against invasion, air attack or naval blockade involves existential risk Any other use of military power should be assessed in terms of (opportunity) costs and benefits Compared to alternative public or private expenditures Share this:Like this:Like Loading...

Review of Power and Progress, by Daron Acemoglu and Simon Johnson from Dean Baker When I saw that two of the country’s most prominent economists wrote a book on “our 1000-year struggle over technology and prosperity,” I expected a lot. I was disappointed. To be clear, there is much here to like and I’m sure that most readers will get much from it, as I did. But, the book fails to follow through adequately on the key point in its analysis, which is that the gains from technology are a...

Vår främste filmmusikskapare har gått ur tiden. Stefan skrev den sorts musik som glömskan inte rår på. Tack för allt. Vila i frid min vän. [embedded content] Bille Augusts och Ingmar Bergmans mästerverk — med Stefan Nilssons musik, det vackraste och mest suggestiva i filmmusikväg som någonsin gjorts. [embedded content] Pelle Erobreren — baserad på Martin Andersen Nexös episka mästerverk och med musik av Stefan Nilsson. [embedded content] Kjell-Åke Anderssons filmatisering av...

The Progressive Economics Forum holds its annual meetings at the Canadian Economics Association (CEA) conference, which we thank for its financial support. In this year’s CEA, we are also celebrating PEF’s 25th anniversary. This year’s CEA conference will be held in person on June 2-3, 2023 in Winnipeg. A day of online only sessions will be held in advance of the conference on Tuesday May 30, 2023. The CEA Embrace Day with workshops will be held on Thursday June 1. As usual, PEF is...

April report for real personal income and spending adds to the evidence that a cyclical peak might ultimately be dated to January  – by New Deal democrat As I’ve repeated for the past several months, at present the report on personal income and spending is co-equal to the employment report as the most important monthly data. And for the second month in a row, the results were very mixed. And also, like yesterday, revisions played a big role,...

Everyone already knows, Feinstein can retire or stay put. This is also one of our issues with government and the judiciary. The people in elected and appointed to positions make their decisions based upon what they want which leaves the constituency in a bad position. No matter how many good things done, they can all disappear over time. No, Hillary Clinton, Dianne Feinstein Is Allowed to Resign, rsn.org, Jim Newell @ Slate The arguments...