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May 12, 2023 and No Surge at the Border

That took away a few days of headlines and news rhetoric. I guess the Immigration Sky did not fall on us, yes? Of course, this is about the United States lifting the Covid emergency order bringing an end to the Title 42 emergency health authority prohibiting the immigration of the undesirable people Republicans believe should be denied entry. No chaos at the Mexican border. Immigrants are still at the border hoping to get into the US. The next...

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The “Which way is up?” problem in economics

from Dean Baker Economics famously suffers from a “which way is up?” problem. The issue is whether an economy is suffering from too much demand or too little demand. On its face, that seems like it should be a very simple question, but in fact it can be complicated and people often get it wrong, with very serious consequences. The Great Depression was the classic too little demand story. We had millions of people out of work through the decade of the 1930s because there was not enough...

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Girig-Sverige — eller när kommer kraschen?

Girig-Sverige — eller när kommer kraschen? Ekonomijournalistgruppen har en hel del tydliga devota och inställsamma inslag, där många, kanske de flesta, med tiden har valt att gå ”all in” och blivit PR-konsulter eller pressansvariga på något företag. Andreas Cervenka är ett lysande undantag och hans ”Girig-Sverige” är ekonomijournalistik när den är som bäst, kritisk, upplysande och underhållande … Sverige har numera enligt Cervenkas lista 541...

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William Mitchell — The end of the common currency (euro) cannot come soon enough

In my 2015 book – Eurozone Dystopia: Groupthink and Denial on a Grand Scale (published May 2015) – I traced in considerable detail the events and views that led to the creation of the Economic and Monetary Union (EMU, aka the Eurozone) once the Treaty of Maastricht was pushed through as the most advanced form of neoliberalism at that time. The difference between the EMU and other nations who have adopted neoliberal policies is that in the former case the ideology is embedded in the treaties,...

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Προεκλογική εκδήλωση της ΑΝΤΑΡΣΥΑ στο Πόρτο Ράφτη14/5/2023,

Το πρωί της Κυριακής 14 Μαΐου 2023, η ΑΝΤΑΡΣΥΑ Ανατολικής Αττικής πραγματοποίησε ιδιαίτερα επιτυχημένη προεκλογική εκδήλωση στο Πόρτο Ράφτη. Μίλησαν, ο Σταύρος Μαυρουδέας, καθηγητής Πολιτικής Οικονομίας στο Πάντειο Πανεπιστήμιο και Πρόεδρος της Επιστημονικής Εταιρείας Πολιτικής Οικονομίας, και η Σύλβια Κοιλάκου, μέλος του ΔΣ του ΕΚΑ και της ΚΣΕ της ΑΝΤΑΡΣΥΑ. Μετά από τις δύο εισηγητικές ομιλίες, επακολούθησε διαδικασία ερωτήσεων – απαντήσεων και πλούσια σε προβληματισμό συζήτηση....

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Monday Message Board

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...

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Good Morning

By the time you read this, I will be on my way to Denver on a road trip. And just starting out at 7:00 AM my time. The goal is to assist my youngest son in getting established in a newer house. Dad has the know-how and the tools to do things. With that being said, my time at AB will be limited. I think Dan may be in and out when he is feeling well. I will take a moment or two to survey the place. If you comment, I will read it. Been a while...

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New Deal democrats Weekly Indicators May 8 – 12

Weekly Indicators for May 8 – 12 at Seeking Alpha  – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. There was more slow deterioration in the coincident indicators, but interestingly a bounce in several of the short leading indicators, particularly in the weakness of the US$ (which paradoxically is a positive, because it helps exports and crimps imports). But the biggest news was in one of the twice a month...

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Why Biden’s Domestic Content Incentives Matter

This is a pretty good take on what the administration is attempting to do in the US with regard to manufacturing. With some help from Republicans, this could be a change in the US for labor. Labor’s input in manufacturing raw materials and finished product would result in increased income. Much pf Labor could be classified as skilled Labor. “Why Biden’s Domestic Content Incentives Matter,” Roosevelt Institute. Todd N. Tucker Today, the Biden...

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