by David Zetland (originally published at The one handed economist) I had heard of Douglass, but man oh man, I had no idea of his brilliance. His “Composite Nation” speech is full of wisdom and hope, offering a path to that “shining city on a hill” that Americans have had such a hard time reaching — mostly due to a desire to preserve “tradition” over “progress.” (Listen to this Malcolm Gladwell episode on a segregationist in the 1970s — a...

Figure 1: An Example of the Reswitching of the Order of Fertility1.0 Introduction Nobody has ever pointed out the possibility highlighted by this post, as far as I know. This post can be contrasted with this one. Talk of "switch points" and "reswitching" for the wage curves on the left pane in Figure 1 above is, arguably, an abuse of terminology. Quantity flows do not change around the switch points. The same lands are fully farmed, and the same land that is partially farmed has the same...

Mobile Fidelity One-Step 45 RPM double LP, released Dec 2022 Crosby, Stills and Nash "The Couch" album

And the news Media is waking up to this? In December 2022, NPR wrote, “Medicare Advantage plans overcharged Medicare by millions,” Health News : NPR Citing an April 26, 2016 example of US government auditors asked a Blue Cross Medicare Advantage health plan in Minnesota to turn over medical records of patients treated by a podiatry practice whose owner had been indicted for fraud. Medicare had paid the Blue Cross plan more than $20,000 to...

Source: Oxfam calculation based on Credit Suisse Global Wealth Report.

Victoria Chick (1936-2023) In Memoriam Sad news has reached us today. One of the leading Post Keynesian economists, Victoria Chick, passed away yesterday at the age of 86. R.I.P.

Article Author April M. Short, an editor, journalist, and documentary editor and producer. Presently she is a writing fellow at Local Peace Economy, a project of the Independent Media Institute. Previously, she served as a managing editor at AlterNet as well as an award-winning senior staff writer for Santa Cruz, California’s weekly newspaper. Her work has been published with the San Francisco Chronicle, In These Times, Salon, and many others....

from C. P. Chandrasekhar and Jayati Ghosh  Tight monetary policies in rich countries obviously affect people in the countries where they are applied, but they also cause ripple effects across the world. We were already in a very unequal world before the most recent global price increases. Most developing countries were not able neutralize the damage inflicted by the pandemic, largely because they had much weaker fiscal stimuli. Of nearly $14 trillion in additional fiscal spending by...

Why it’s vital to present a model before we vote Shorter JQ: Albanese should release draft legislation before the Voice referendum if it is to succeed. Not doing so is a recipe for failure based in part on a mistaken analysis of the 1990s Republic referendum, which I shared for a long time. Although polls suggested majority support for a republic, the Turnbull/Keating proposed model (appointed president) was defeated. Analysis assumes alternative of elected president would also...

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...