I have been looking around for a simpler explanation of what the Shadow Docket is. This, before a deeper dive into it. It is more like a secret club where a bunch of judges get together and decide the fate of a particular subject without a formal presentation to the court or documentation open to review. No or few records cover the decisions. The number of decisions in 2022 outnumber the more formal decisions. It was a favorite of the trump...

June jobs report: deceleration continues, with weakest private jobs sector growth since 2020  – by New Deal democrat My focus remains on whether jobs growth continues to decelerate, and whether the leading indicators, particularly manufacturing and construction jobs, as well as the unemployment rate (which leads going into recessions) have meaningfully deteriorated. In May the headlines on employment were decent if slightly weak, but hid...

I was bored, so I wanted somebody to talk to, so I’m making his video.

Stairway to pop history .[embedded content]

from http://www.paecon.net/PAEReview/issue104/Fichtner_Morgan104.pdf The Institutional Investor publishes an annual league table of top hedge fund managers earnings. The latest data at time of interview was from March 2022 and reported that “Altogether, the 25 highest-earning hedge fund managers earned a combined $26.64 billion last year, the second-highest amount in the history of the Rich List… Over the past two years, the members of the Rich List’s First Team have made more than $58...

Scott Santens, has been researching and advocating for the concept of unconditional universal basic income (or UBI) since 2013. Website: https://www.scottsantens.com/

Crooked Timber, the group blog of which I’m a member turns 20 today. Here’s a post I’ve written to mark the occasion. Not quite 20 years ago, I got an invitation to spend a week as a visiting blogger at an exciting new group blog called Crooked Timber. In the manner of the most catastrophic house guests, I managed to turn that into permanent residence. Looking back at posts from that time, it’s startling how active we were; with multiple posts most days. That’s ebbed away to...

[embedded content]On Another Topic, with an Appearance by Rutger Bregman. This post does not answer the question, but merely provides a bibliography. I have not read everything below. I suppose this is something of a hodge podge. I include a book from Peter Kropotkin, even though it is much older than the remaining non-fiction works, since I am currently one third, maybe, through it. Novels (Ken Macleod, in The Cassini Division has a more complete list as chapter titles.) Edward Bellamy....

MIdyear update: the state of the big monthly coincident indicators  – by New Deal democrat Let’s take a look at the important monthly coincident indicators that the NBER has indicated they weight most heavily, along with quarterly real GDP, in gauging whether the economy is expanding or contracting. Remember, a recession isn’t actually defined by 2 quarters of negative GDP, but rather by a significant decline in jobs, income, sales, and...