Alex Douglas just published a post on arches and money which I quite liked. It is an easy read, and I will just offer my spin on one of his points. It also leaks into a discussion of engineering, which I will digress into at the end of this post.Bond Economics Alex Douglas On Arches And MoneyBrian Romanchuk
Read More »Blog Archives
Sophistry or Shibboleth? – “Capital Flight” — NeilW
Framing tricks and controlling the narrative are the base tools of neoliberal economics. One character that pops up regularly is the Fickle, Flighty Foreigner. Worthy of a Shakespearean tragedy, they will brutally condemn any country that deviates from the divine path.Let’s explain the narrative trick and how to counter it.New WaylandSophistry or Shibboleth? - "Capital Flight"NeilW
Read More »Economics and reality
For a good many years, Tony Lawson has been urging economists to pay attention to their ontological presuppositions. Economists have not paid much attention, perhaps because few of us know what “ontology” means. This branch of philosophy stresses the need to “grasp the nature of the reality” that is the object of study – and to adapt one’s methods of inquiry to it. Economics, it might be argued, has gotten this backwards. We have imposed our pre-conceived methods on economic...
Read More »June retail sales continue to falter, with the important exception of motor vehicles
June retail sales continue to falter, with the important exception of motor vehicles – by New Deal democrat As usual, retail sales is one of my favorite indicators, because it tells us so much about the 70% of the US economy that is consumption, as well as being a short leading indicator for employment. It has been faltering for the past year, and June was no different. Last month retail sales increased 0.2% nominally, but because consumer...
Read More »June retail sales continue to falter, with the important exception of motor vehicles
June retail sales continue to falter, with the important exception of motor vehicles – by New Deal democrat As usual, retail sales is one of my favorite indicators, because it tells us so much about the 70% of the US economy that is consumption, as well as being a short leading indicator for employment. It has been faltering for the past year, and June was no different. Last month retail sales increased 0.2% nominally, but because consumer...
Read More »With Social Security on Brink of Collapse, Dramatic Changes Coming
Dear Reader Dale Coberly: Bill has asked me to comment on an article appearing on the internet at wealthynickel.com under the title With Social Security on Brink of Collapse, Dramatic Changes Coming – Some With ‘Bipartisan Support’ written by Andrew Herrig, who calls himself a finance expert and says his expert financial advice has been featured on CNBC, Entrepeneur,Fox News, GOBanking rates, MSN, and more. Herrig says Lawmakers have a...
Read More »With Social Security on Brink of Collapse, Dramatic Changes Coming
Dear Reader Dale Coberly: Bill has asked me to comment on an article appearing on the internet at wealthynickel.com under the title With Social Security on Brink of Collapse, Dramatic Changes Coming – Some With ‘Bipartisan Support’ written by Andrew Herrig, who calls himself a finance expert and says his expert financial advice has been featured on CNBC, Entrepeneur,Fox News, GOBanking rates, MSN, and more. Herrig says Lawmakers have a...
Read More »Profit Motive Isn’t Working in Healthcare
Or with contract doctors . . . ER Dr. Ming Lin is calling attention to the increasing influence of large corporations in the practice of medicine and its detrimental effects on physicians and healthcare workers. What we have is one employee facing down a healthcare corporation. The chances of an employee winning are minimal unless the corporation action are overt and witnessed. Other people saying similar would add to the credibility of Dr. Ming Lin....
Read More »Profit Motive Isn’t Working in Healthcare
Or with contract doctors . . . ER Dr. Ming Lin is calling attention to the increasing influence of large corporations in the practice of medicine and its detrimental effects on physicians and healthcare workers. What we have is one employee facing down a healthcare corporation. The chances of an employee winning are minimal unless the corporation action are overt and witnessed. Other people saying similar would add to the credibility of Dr. Ming Lin....
Read More »Investing in universal early years education pays for itself
Blog Investing in universal early years education pays for itself Extending high-quality provision to those on low incomes brings biggest benefits By Jeevun Sandher, Thomas Stephens 18 July 2023 High-quality, universal early...
Read More »