We Need to Protect Life

By James As I wrote a couple of years ago, I don’t post here anymore. I just have a couple of updates for people who subscribe and may be interested in my work. I upgraded my personal website to the 21st century. I have a new book! The Fear of Too Much Justice: Race, Poverty, and the Persistence of Inequality in the Criminal Courts is coming out on June 20 from the New Press. My co-author is Stephen Bright, a legendary death penalty lawyer (with a 4–0 record in Supreme Court...

1.0 Introduction In his book, Human Action, Ludwig von Mises defines 'praxeology' as the science of human action. He says that it is a subject of formal reasoning. Human action is conscious action in which the actor attempts to decrease felt uneasiness. 'Catallactics' is a subset of praxeology treating market exchanges. But von Mises is quite confused. 2.0 Does Formal Reasoning Enlarge Our Knowledge? Von Mises does not know. At one point, he says formal reasoning does enlarge our...

Trump has the ball in the red zone… lower interest rates and a shit-canning of monetarism seemingly on the way in 18 months…Brandon needs to pivot on rates soon or he’s going to get Jimmy Cartered…Left-wing polls show President Trump trouncing Joe Biden, while DeSantis loses Wall Street, which is bad for him since he relies on the donors because he doesn’t have the People!pic.twitter.com/nIpD3qRDVQ— Liz Harrington (@realLizUSA) May 8, 2023

Polling not on Brandon's side... I assume most people blame Brandon stimmie and Brandon Russia sanctions for "inflation!"... so they probably think he should be the one to take the hit... people supporting  GOP on budget because they are weary of prices going up …. Brandon trying to blame “inflation!” on Monetarism is not working…  people aren’t buying it…Meanwhile Brandon no mention of rate policy moderation at all… might be ready to double down…Who should compromise most to reach a debt...

The Atlantic’s Brooke Harrington has an article about Justice Thomas’s friendship with people outside the court which includes gift-giving. There is no reciprocation of “its my turn now to buy the dinner.” The gifts are far more than just a lunch or dinner at a much-desired restaurant. That there are no rules defining ethical behavior at the Supreme Court, there is still an aura of professional and legal behavior binding them. Are the scales tipped...

Let’s celebrate. The American Economic Association (AEA), the main professional organisation for economists in the United States, has just awarded the Clark Medal to Gabriel Zucman for his work on the concentration of wealth and tax evasion. Awarded each year to a winner under the age of 40, the distinction is given in particular for innovative work demonstrating the considerable importance of tax evasion by the richest, including in Scandinavian countries, which are often considered...

Ενόψει των εκλογών της 21ης Μαΐου 2023, η Παντιέρα διοργάνωσε μια συζήτηση με τρεις αξιόλογους ομιλητές, υποψήφιους στα ψηφοδέλτια της ΑΝΤΑΡΣΥΑ. Ο Ηλίας Ιωακείμογλου, οικονομικός αναλυτής, υποψήφιος στον Βόρειο Τομέα Αθηνών, ο Σταύρος Μαυρουδέας, καθηγητής Πολιτικής Οικονομίας στο Πάντειο Πανεπιστήμιο, υποψήφιος στην Ανατολική Αττική, και ο Παναγιώτης Μαυροειδής, μηχανικός, υποψήφιος και αυτός στην Ανατολική Αττική, δέχτηκαν την πρόσκλησή μας και συζήτησαν το βράδυ της Δευτέρας 8...

from Lars Syll Mainstream economists do not believe that “countries that borrow in their own currency should not worry about government deficits because they can always create money to finance their debt.” Looking at the result from a survey, not a single economist agreed with that statement. If these economists had been right, we would see lots of governments running out of money in 2020 and 2021. After all, tax revenues collapsed, government spending was increased and accordingly public...

Scenes from the April employment report: the Fed just can’t kill the employment “beast”  – by New Deal democrat There’s no economic news this morning, so let’s take a closer look at some important trends from last Friday’s April jobs report . As I and many others wrote, an important theme was that the deceleration in job gains continued, as shown in this graph since January 2021 (note 222,000 is subtracted so that latest average is at zero...