by David Zetland (originally published at The one-handed economist) Don’t take water for granted In his 1987 hit, “Diamonds on the soul of her shoes“, Paul Simon sings: She said, “You’ve taken me for grantedBecause I please youWearing these diamonds” This lyric, although a bit paradoxical, has always resonated with me, and I’ve applied it in many “taking-for-granted” situations. One of them concerns clean water, which most of us have...

This post continues the treatment of this model. A number of conditions must be satisfied by quantity flows and prices to allow the economy to undergo smooth reproduction. The net output of each produced commodity meets the requirements for use: (B - A) q = d The amount of each quality of land that is farmed cannot exceed the available quantity: C q ≤ t A vector is greater than or equal to another if each element of the vector is greater or equal to the corresponding element...

UE is the United Electrical, Radio & Machine Workers of America issuing a statement by its Executive Board. In case you are wondering, UE is responsible for transporting train crews. The membership is approximately 2,000. It is interesting to note, their claiming of pricing issues with the transportation of goods across the US. Typically, we see these costs passed along in the form of shortages and/or higher prices. UE is also calling...

https://socialpolicy.panteion.gr/news/1714-seminario-ekoip-einai-o-neofileleytherismos-kyriarho-oikonomiko-paradeigma-simera ΣΕΜΙΝΑΡΙΟ ΕΚΟΙΠ: ΕΙΝΑΙ Ο ΝΕΟΦΙΛΕΛΕΥΘΕΡΙΣΜΟΣ ΤΟ ΚΥΡΙΑΡΧΟ ΟΙΚΟΝΟΜΙΚΟ ΠΑΡΑΔΕΙΓΜΑ ΣΗΜΕΡΑ; Στο πλαίσιο της σειράς σεμιναρίων του Εργαστηρίου Κοινωνικής Πολιτικής (Ε.Κοι.Π.) για το ακαδημαϊκό έτος 2022-23  την Τρίτη 28/2/2023 στις 18.00 θα διεξαχθεί εισήγηση του Καθηγητή Στ. Μαυρουδέα με τίτλο: Είναι ο Νεοφιλελευθερισμός το κυρίαρχο οικονομικό παράδειγμα σήμερα;...

Besides fishing for various in district Federal Judges to sponsor Paxton’s lawsuits against the Federal Government, there is Che Ted Cruz – a want-to-be. Student Loan Justice member Jacque Abron calling Ted Cruz out. ‘On student loans’, Letters To Editor, waxahachiesun.com, Jacque Abron at Student Loan Justice The fact that Texas legislators like Ted Cruz are opposing student loan cancellation makes no sense. The state is crushed under $141...

[unable to retrieve full-text content]  RADHIKA DESAI: Hello everyone. Welcome to the fourth Geopolitical Economy Hour, our fortnightly show on the political and geopolitical economy of our times. I’m Radhika Desai. MICHAEL HUDSON: And I’m Michael Hudson. RADHIKA DESAI: Today we are continuing our discussion of de-dollarization. As many of you know we have structured our discussion around some Continue Reading The post Trade Theory: No Room for Gunboats first appeared on...

Publications Austerity by stealth The effects of inflation on public spending By Alfie Stirling, Dominic Caddick 27 February 2023 Download the report Since 2010, the...

Podcasts New Economics Podcast: The UK’s political battlegrounds Ayeisha Thomas-Smith is joined by Anoosh Chakelian and James Meadway By Ayeisha Thomas-Smith 27 February 2023 Last year the UK had three different prime ministers, four different...

Cancelling loans put the Wunder into Wirtschaftswunder. Treat poor nations the same today.The GuardianThe Guardian view on Germany’s economic miracle: it was built on debt reliefEditorialSee alsoNotayesmanseconomics's BlogGermany revises GDP growth further into recessionary territoryShaun Richards

 In spite of all the emphasis on the need for going green, oil consumption is not falling and a grey market is developing as a result of sanctions.Oxford Business GroupShifting oil market creates export opportunities for emerging markets producers