A grouping of eclectic topics spread across various subtitles supposedly giving them some organization. These show up in my In-Box and I leave them their till I clean up the collection Energy and Business A Beginner’s Guide to Plastic-Free Living, treehugger.com, Katherine Martinko. “You need to write a step-by-step guide to giving up plastic.” Electric Vehicles Have a Public-Charging Problem, The Atlantic, Patrick George. Driving from...

Since the beginning of this millennium, I’ve been writing critiques of the “generation game”, the idea that people can be divided into well-defined groups (Boomers, Millennials and so on), with specific characteristics based on their year of birth. As I said in my first go at this issue, back in 2000 (reproduced here ) Much of what passes for discussion about the merits or otherwise of particular generations is little more than a repetition of unchanging formulas about different...

Forget the naysayers, the maker is going higher.

Scenes from the May employment report: leading indicators and the big picture  – by New Deal democrat As I wrote Friday, the May employment report was deeply bifurcated, with a strong Establishment survey, but a weak Household survey.   Let’s take a look at some of that bifurcation, focusing on the leading indicators. There are 4 leading indicators in the Establishment portion of the report: manufacturing, residential construction, and...

from Duncan Austin While Adam Smith’s Invisible Hand has many beneficial attributes, somewhere along the way the Invisible Hand was recast as the Infallible Hand, seeding today’s widespread faith that markets can solve large-scale social and ecological problems they are ill matched for. In the formidable shadow of the Infallible Hand, non-market solutions – policy, regulatory, cultural, behavioural – are often deemed ‘impractical’, so remain under-utilized. ‘Green growth’, ‘sustainable...

[unable to retrieve full-text content]Michael Hudson | A piece of advice: Buying U.S. debt is to provide ammunition for U.S. military expansion Source: Observer Network 2023-06-01 08:01 The June 5 deadline referred by US Treasury Secretary Janet Yellen has fallen, and the US debt ceiling negotiations have entered the final congressional voting juncture. House Speaker McCarthy, who was eager Continue Reading The post Buying US Debt Subsidizes Imperialism first appeared on Michael Hudson.

Art degree moron fest finally over… Now let’s see what happens…President Joe Biden’s signature of legislation suspending the federal debt ceiling has given the Treasury Department the green light to resume net new debt issuance https://t.co/F7sKoSNIeq— Bloomberg Markets (@markets) June 4, 2023  Consensus is bearish on the imminent Art degree figure of speech “liquidity drain!”…Wall Street is warning markets aren't ready for a tsunami of Treasury issuance now that the debt-ceiling deal is...

Another Message Board Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please. I’ve moved my irregular email news from Mailchimp to Substack. You can read it here. You can also follow me on Mastodon here I’m also trying out Substack as a blogging platform. For the moment, I’ll post both at this blog and on Substack. Share this:Like this:Like Loading...

Here Marx sets out the transformation problem in a letter to Engels. The first volume of Capital was published in 1967. So this is another instance of Marx distinguishing labor values and prices of production before publication of Capital. This post is the second in a series I am working on in which he sets out critical parts of the (critique of) political economy in Capital in letters to Engels. As I understand it, the concept of absolute rent was original with Marx. Marx criticizes...

LOL ~ Don’t Say Stay …, Homeless on the High Desert, Ten Bears For a year and ten days I’ve been calling on Disney to Walk. A. Way You don’t need Florida and its Marielito government, in violation of contracts and agreements dating sixty years. Shut it down, walk away. You’ve made your pile, you don’t need it, unload the liability before it becomes a bigger liability. Send all those voters to the unemployment line, tourorists home...