[unable to retrieve full-text content]Richard D. Wolff & Michael Hudson: ICC Arrest Warrants Issued for Netanyahu,Ukraine escalations, G20 Dialogue Works • 1:14:45 • NIMA ALKHORSHID: Hi, everybody. Today is Thursday, November 21st, and we have Michael Hudson and Richard Wolff with us here. Welcome back. RICHARD WOLFF: Thank you, Nima. Glad to be here. MICHAEL HUDSON: Yep! NIMA ALKHORSHID: Continue Reading The post Petrodollar Deal or No Deal first appeared on Michael Hudson.

[unable to retrieve full-text content]Back when Trump rebranded NAFTA as “USMCE,” here’s what he said about it: “We have negotiated this new agreement based on the principle of fairness and reciprocity…. This is a terrific deal for all of us….This new deal will be the most modern, up-to-date, and balanced trade agreement in the history of our country…. With […] The post USMCA used to be “a fair deal for everybody” appeared first...

Weeks ago I said if Elon wants to cut spending then he should cut interest payments. Kelton agreed.

[unable to retrieve full-text content]Brief commentary by Dr. Kahn who is in the thick of the discussion on Medicare Advantage Costs. Health Justice Monitor, Medicare Advantage Overpayment >$100 Billion, Jim (James G.) Kahn, MD, MPH Summary: Physicians for a National Health Program released a valuable summary of Medicare Advantage overpayments. The scope and scale is breathtaking: $100 billion annual payoff […] The post Payments to Medicare Advantage Plans is More Than What is...

.[embedded content] Riksbanken har en nästintill oinskränkt makt över penningpolitiken, en politik som i hög grad styr inflation, sysselsättning och ekonomisk stabilitet. Denna makt bör vara föremål för större demokratisk övervakning för att säkerställa att den överensstämmer med vad vi som samhällsmedborgare har för intressen. När man diskuterat  Riksbankens oberoende har man oftast definierat detta i förhållande till regeringar och intressegrupper. Men hur är det med...

Debunking the ‘natural rate of interest’ myth Keynes’s signal contribution was to switch the emphasis from interest rate adjustments to changes in income as the key macroeconomic adjustment mechanism. In so doing, he argued that the interest rate and asset prices adjust to clear balance sheets incorporating stocks, not flows, of financial claims. He pioneered national income accounting which now reveals the importance of leakages due to business saving,...

[unable to retrieve full-text content]I have begun a possibly long series on people’s heuristics and biases when we try to think about probability. I posted one explanation of the Allais Paradox. Click on the link for definitions as I go on assuming earlier posts have been read (this will create problems but I can’t avoid it). Briefly the Allais […] The post Allais Paradox II : Do Two Wrongs Make a Right? appeared first on Angry Bear.

[unable to retrieve full-text content]November 25, 2024 By Heather Cox Richardson Letters from an American Today, President Joe Biden laid out very clearly the argument behind the economic policies his administration has put into place. He writes . . . “When I took office, the pandemic was raging and the economy was reeling. From Day One, I was determined […] The post Investing in People soon to be the One – Percenters appeared first on Angry Bear.

[unable to retrieve full-text content]Special counsel Jack Smith moves to drop both federal criminal cases against Trump, POLITICO U.S. District Judge Tanya Chutkan quickly granted the motion to dismiss Trump’s Washington D.C. case, in which he was charged with conspiring to subvert the 2020 election. A similar motion in the Florida case, in which Trump was charged with hoarding […] The post Federal Criminal Cases Against Trump Dropped for Now appeared first on Angry Bear.

[unable to retrieve full-text content]– by Steve Roth Originally posted at Wealth Economics This post is in response to a very brief Bluesky exchange I had with Dan Rohde and DT Cochrane about the origins of “The Dollar” (specifically U.S.). It led me to read about the U.S. Coinage Act of 1792. Here’s the Wiki, and the Act itself — which I can’t believe […] The post How Units of Account “Came About” appeared first...