Weekly Indicators for January 16 – 20 at Seeking Alpha  – by New Deal democrat I forgot to post this yesterday, so here you go today . . .  My “Weekly Indicators” post is up at Seeking Alpha. Every now and then you get a contratrend week, when a bunch of metrics move in the opposite direction as the overall recent trend. This past week was just such a week, primarily among financial indicators. As usual, clicking over and reading will...

Stephanie Kelton traces the problem to misunderstandings resulting from a poor choice of terms in which to talk about government finance, modeling it conceptually on household and firms finance, even when the former is the monopoly issuer of its currency and all that implies financially and economically, whereas firms and households are users of the currency that must obtain the currency, e.g, to pay taxes, since the government is the sole supplier. Consequently, it's a mess that those in a...

Brazil and Argentina are making plans for a Latin American currency called the Sur, to “boost regional trade and reduce reliance on the US dollar”. Lula had pledged it while running for president.Geopolitical EconomyBrazil and Argentina preparing new Latin American currency to ‘reduce reliance on US dollar’Ben Norton

When in Berlin … (personal) If 1988 or 2023 doesn’t matter — visiting Café Einstein Stammhaus is a must.

A new sandpit for long side discussions, conspiracy theories, idees fixes and so on. To be clear, the sandpit is for regular commenters to pursue points that distract from regular discussion, including conspiracy-theoretic takes on the issues at hand. It’s not meant as a forum for visiting conspiracy theorists, or trolls posing as such. Like this:Like Loading...

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...

A new book from Edward Elgar Publishing in association with GIMMSDescription of the chapters and their authors.The Gower Initiative for Modern Money StudiesModern Monetary Theory: Key Insights, Leading Thinkers

let me know what your reading goals are for 2023 (or if you're not setting any this year let me know why)! follow me on instagram to keep up to date with my reading and to see how I'm progressing with my reading goals: https://instagram.com/adamkhanco ~ *2023 Goals:* 1. Only buy a book once I've read one. 2. Read 75% non-fiction. 3. Read more political theory (or similar) - 12 books. ~ *23 Books in 2023:* 1. Putin's People by Catherin Belton 2. Normal People by Sally Rooney 3. The...

From the NYT opinion pages comes Paul Krugman’s description of the two basic problems of a declining population in a country, Dr. Krugman ues China as an example. China’s population declined last year, for the first time since the mass deaths associated with Mao Zedong’s disastrous Great Leap Forward in the 1960s. Or maybe it would be more accurate to say that China has announced that its population declined. Many observers are skeptical about...

A bit of history as reviewed on a “woman’s right to decide,” by Professor Heather, “Letters from an American.” Tomorrow marks the fiftieth anniversary of the Roe v. Wade decision. On January 22, 1973, the Supreme Court decided that for the first trimester of a pregnancy, “the attending physician, in consultation with his patient, is free to determine, without regulation by the State, that, in his medical judgment, the patient’s pregnancy...