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Initial claims: revisions rear their ugly head again

Initial claims: revisions rear their ugly head again  – by New Deal democrat Revisions are a permanent hazard in reporting on economic data. That was very much in evidence in this week’s jobless claims report. Not only was last week’s number revised down by -17,000, but the initial report of 264,000 two weeks ago is now all the way down to 231,000! Big difference. Anyway, the current report indicates a weekly uptick of 4,000 to 229,000....

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Stavros Mavroudeas on the IRIB (Iran’s national TV channel) discussing the European energy crisis and its human cost

IRIB (the iranian national TV channel) hosted a discussion about the human costs of the European energy crisis. The lead was given by a recent ECONOMIST article arguying that the deaths caused (through cardiac and respiratory complications) by the lack of sufficient energy (caused by the skyrocketing of the energy prices) surpassed those caused by COVID-19. Unsurprisingly, the ECONOMIST attributed the high cost of energy to Russia and the Ukraine conflict. I argued that the...

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IRIB 21 5 2023 European energy crisis

Stavros Mavroudeas in the IRIB (Iran's national TV channel) discussing the European energy crisis and its human cost IRIB (the iranian national TV channel) hosted a discussion about the human costs of the European energy crisis. The lead was given by a recent ECONOMIST article arguying that the deaths caused (through cardiac and respiratory complications) by the lack of sufficient energy (caused by the skyrocketing of the energy prices) surpassed those caused by COVID-19. Unsurprisingly,...

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Ημερίδα του ΕΚοιΠ, «Εργασιακή απορρύθμιση και ευαλωτότητα σε καιρούς ελάχιστης κοινωνικής προστασίας»

Το Εργαστήριο Κοινωνικής Πολιτικής του Παντείου Πανεπιστημίου (https://socpollab.panteion.gr/) διοργάνωσε επιστημονική ημερίδα με θέμα: »Εργασιακή Απορρύθμιση και Ευαλωτότητα στους Καιρούς της Ελάχιστης Κοινωνικής Προστασίας» (16/05/2023, Αμφιθέατρο Σάκη Καράγιωργα ΙΙ, Πάντειο Πανεπιστήμιο). Στην ημερίδα παρουσιάσθηκαν (α) το βιβλίο του Γιάννη Κουζή »Η Μεγάλη Εργασιακή Απορρύθμιση» & (β) το βιβλίο των Χρήστου Μπάγκαβου και Νίκου Κουραχάνη »Όψεις Εργασιακής Ενσωμάτωσης των...

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Ricardiansk ekvivalens och budgetunderskott

Få frågor inom politik och ekonomi diskuteras nu för tiden så mycket — och förstås så lite — som offentlig skuld. Många höjer sina röster och uppmanar till att minska skulden, men få förklarar varför och på vilket sätt en minskning av skulden skulle främja en bättre ekonomi eller ett rättvisare samhälle. Dessutom finns det inga gränser för alla de katastrofer som en stor offentlig skuld förväntas leda till — arbetslöshet, inflation, högre räntor, lägre produktivitetstillväxt,...

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Elsewhere

[embedded content]Cordelia Belton at Red MayMatthew Sitman and Sam Adler-Bell's Know Your Enemy podcast. Benedict and Kevin's Not Your Grandmother's Book Club podcast. Brendan Cooney and Andrew Kliman's Radio Free Humanity podcast. Doug Henwood on McCarthyism. Peter Boetkke and Rosolino Candela On the feasibility of technosocialism. An old essay of mine on a Sraffian interpretation of Marx.

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The expanding role of Medicaid in US health care

Mostly taken from “The expanding role of Medicaid in US health care: A research roundup, journalistsresource.org, Kerry Dooley Young. May 2023.” I have added commentary to this report. I do have another report on Medicaid which I have to deep dive to make shorter sense of it. This report includes information going back to Obama’s introduction of the PPACA and the impact of it on Medicaid. It offers information to a reader which they may not be...

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