LFG!!!! … hopefully the US defaults this time… Biden people throwing down:WHITE HOUSE SAYS CONGRESS WILL HAVE TO RAISE U.S. DEBT LIMIT, WITHOUT CONDITIONS— *Walter Bloomberg (@DeItaone) January 8, 2023 Trump saying to use the ceiling to exact concessions from Democrats:Looking real good for a default this time… ?

Is the US condemned to "doing stupid shit" (Obama) because of its Western liberalism coupled with vast power enabling interventionist policy? And is there an economic motive behind this, notably from MICIMATT aka Military-Industrial-Congressional-Intelligence-Media-Academia-Think-Tank complex (Ray McGovern) that President Eisenhower warned about but also from all those who stand to gain from the continuance and expansion of the US-controlled "rules-based international order." And is liberal...

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...

Wall Street’s takeover of the American rental market really took off during Obama’s foreclosure regime as the firms snapped up properties (including from many small landlords) at bargain prices. The pace has continued to accelerat…There’s constant media talk of a housing shortage to explain the US homelessness crisis, but according to the lawsuit against RealPage, one of its tactics is also keeping units off the market in order to drive up prices.…By tightening its grip on the American...

Συζήτηση για τα οικονομικά των εργαζόμενων στον δημόσιο τομέα και την κατάσταση της ελληνικής οικονομίας στην εκπομπή «Τι λες τώρα» του BEST TV, 18-10-2022 [embedded content]

Συζήτηση για τα οικονομικά των εργαζόμενων στον δημόσιο τομέα και την κατάσταση της ελληνικής...

Debating econometrics and its shortcomings yours truly often gets the response from econometricians that “ok, maybe econometrics isn’t perfect, but you have to admit that it is a great technique for empirical testing of economic hypotheses.” But is econometrics — really — such a great testing instrument? Econometrics is supposed to be able to test economic theories. But to serve as a testing device you have to make many assumptions, many of which themselves cannot be tested or...

Can he be recalled? NoCan he be charged with a crime for lying about his bio? NoCan the House of Representatives refuse to seat him? NoHowever:He can face criminal and civil fraud charges for lying on documents submitted to government entities and investors.He could be extradited to Brazil to face criminal charges there.He could be censured or expelled by the House.There is approximately zero chance that Kevin McCarthy and his band of merry...

Herb Gintis, 1940-2023 Peter Dorman @ Econospeak My dissertation chair, Herb Gintis, died yesterday in Northampton, Mass.  We didn’t stay in touch after I graduated—our interests and perspectives diverged—but I will always appreciate what he gave of himself at a difficult time in my life. After my first dissertation went awry (don’t ask!), Herb, who had been on my committee, stepped in and helped me identify a new topic.  I had to learn a...

Some history and knowledge about the House by Weldon @ Bad Crow Review. Known Weldon for a while now. He writes some good words. And this topic fits right in his wheelhouse of knowledge. Enjoy . . . “How Long Before This Wears Off, Doc?” Weldon Berger, Bad Crow Review, “Could be a year, could be a lifetime . . .” Links are at the end. I’m pretty sure some of the fireworks which look white to me are actually some feeble shade of green....