.[embedded content] 1-in-4 people in the UK live below the poverty line. Around 15 million people were living in poverty in 2021/2022, according to the government’s annual ‘households below average income’ report. That is outrageous!

The 25 Best Econometrics Blogs and Websites Yours truly, of course, feels truly honoured to find himself on the list of the world’s 25 Best Econometrics Blogs and Websites. 2. Bruno Rodrigues 8. Eran Raviv Blog Statistics and Econometrics 13. How the (Econometric) Sausage is Made 14. Lars P Syll Pålsson Syll received a Ph.D. in economic history in 1991 and a Ph.D. in economics in 1997, both at Lund University. He became an associate professor in economic...

Is money a creature or comodity?

Prof. Michael Hudson’s new book, The Collapse of Antiquity: Greece and Rome as Civilization’s Oligarchic Turning Point” is a seminal event in this Year of Living Dangerously when, to paraphrase Gramsci, the old geopolitical and geoeconomic order is dying and the new one is being born at breakneck speed. Book review.Sputnik International (Russian state-sponsored media)Pepe Escobar: US Empire of Debt Headed for CollapseSee alsoThe gains for the BRICS will likely be substantialGoing where the...

Dale Coberly: This is part 2 of a comment I began July 18 on Angry Bear.  It is a reply to an article appearing on the internet by Andrew Herrig at wealthynickel.com  under the title. “With Social Security on Brink of Collapse, Dramatic Changes Coming – Some With ‘Bipartisan Support,’” WEALTHY NICKEL, written by Andrew Herrig. The first part of my commentary noted that Herrig ignores that Social Security can fix itself simply by raising the...

I was looking at this picture of people (mostly tourists, it appears) fleeing massive fires in Rhodes, feeling despair about the future of the world when I was struck by an even more despairing thought.Almost certainly, a lot of the people in the picture are climate denialists. And even more certainly, they will mostly remain so despite this experience. Australia was one of the first countries to experience massive fires clearly attributable to global heating. In December...

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 this:Like Loading...

Weekly Indicators for July 17 – 21 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha.  At least when it comes to weekly measures of consumer spending, the “waiting for godot” recession seems to have finally arrived. Meanwhile other metrics have been picking up steam as to the near future. This suggests a period of wobbling ahead. As usual, clicking over and reading will bring you up to the virtual...

July 21, 2023 (Friday), Letters from an American, Prof. Heather Cox-Richardson Defying SCOTUS, redistricting, and the border. On June 8 the Supreme Court affirmed the decision of a lower court blocking the congressional districting map Alabama put into place after the 2020 census, agreeing that the map likely violated the 1965 Voting Rights Act and ordering Alabama to redraw the map to include two majority-Black congressional districts. ...

We installed rooftop solar on our house in St. Louis ten years ago. Half of the cost was paid by Ameren and we got a 30% tax rebate on the balance. By the time we moved to Rhode Island last year and sold the house, we still hadn’t made back our investment even in nominal dollars. I’m OK with that, since at the time of installation, 80% of our electricity was generated by burning coal. Our donation to the planet.Rooftop solar was an object of...