trump obviously does not know when to shutup. But then, how do you punish an x-president? He is not the same as you or I who can be locked up with ease. Well today and as requested by the DOJ’s Jack Smith, a protective order was requested “limiting Trump’s access to evidence, in a move similar to what Manhattan D.A. Alvin Bragg” has done. This is being reported by Rolling Stone’s Nikki McCann Ramirez. Jack Smith is Moving to Muzzle Trump. The...

Real retail sales continue to suggest recession, decelerating employment gains  – by New Deal democrat The second of the three important datapoints this morning was retail sales for May. This is one of my favorite indicators, because it has several leading relationships, and is also an important component of one of the main data series that the NBER looks at in dating recessions. Nominally retail sales for May increased 0.4%. After adjusting...

I am XMilitary and my interpretation may not fit the scenarios described in these studies. If you know better, please explain your interpretation. This is not an easy topic to read. I was interested in the results of the studies and have read all of them. You have to wonder for them what happens a week later, a month goes by, a year drags on, and finally two or more years. The exposure to such situations will play over and over again for these...

Special issue of Cuadernos de Economía, to be co-edited by Esteban Pérez and myself. Deadline is December 15.

Eric Schüldt — en räddare i nöden I dessa tider — när ljudrummet dränks i den kommersiella radions pubertalflams — har man nästan gett upp. Men det finns ljus i mörkret. I programmet Text och musik med Eric Schüldt — som sänds på söndagsförmiddagarna i P2 mellan klockan 11 och 12 — kan man lyssna på seriös musik och en programledare som verkligen har något att säga och inte bara låter foderluckan glappa. Att få höra någon med intelligens och känsla tala om...

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Sputnik International (Russian state-sponsored media)Pepe Escobar: Russia’s New Roadmap for Multipolar WorldStrategic Culture Foundation (sanctioned by the US Treasury Department)Putin and What Really Matters in the ChessboardPepe EscobarRussia in Global AffairsDemonstrative Restraint as a Recipe against Unnecessary Decisions—A reply to the article “A Difficult but Necessary Decision” by Sergei Karaganov (questioned about the use of tactical nukes, Putin said "neyt.")Ilya S....

Daniel Ellsberg has died, aged 92. I don’t have anything to add to the standard account of his heroic career, except to observe that Edward Snowden (whose cause Ellsberg championed) would probably have done better to take his chances with the US legal system, as Ellsberg did. In decision theory, the subsection of the economics profession in which I move Ellsberg is known for a contribution made a decade before the release of the Pentagon papers. In his PhD dissertation, Ellsberg...

I was just done with updating student loan data information and checked in at the Student Loan Justice Org site on Facebook to catch up on issues. One new development being Lisa Ansdell. Associate Director @ Casden Institute, USC has joined with Alan at Student Loan Justice Org. promoting Student Loan Debt Relief. Lisa Ansell is working with Alan Collinge and the Student Loan Debt Org. assisting Alan and the members of the organization in their...

Transcript of a podcast.Naked CapitalismBill Black and Michael Hudson on Corruption in FinancePatrick S. Lovell, producer of The Adventure Core and The Con, interviews Bill Black and Michael HudsonSee alsoFunding the Future (formerly Tax Research UK)Has the West already suffered a coup d’etat? Have the central bankers already seized power?Richard Murphy | Professor of Practice in International Political Economy at City University, London; Director of Tax Research UK; non-executive director...