Inflation is coming down, but no thanks are due to the Fed for the trend reversal.The LensThe Fed Should Take Credit and Go HomeStephanie Kelton | Professor of Public Policy and Economics at Stony Brook University, formerly Democrats' chief economist on the staff of the U.S. Senate Budget Committee, and an economic adviser to the 2016 presidential campaign of Senator Bernie Sanders

Dr. Carey W King performs interdisciplinary research related to how energy systems interact within the economy and environment as well as how our policy and social systems can make decisions and tradeoffs among these often competing factors.

Open thread Dec. 30, 2022, Angry Bear, angry bear blog Tags: open thread

Ukraine is getting much more advanced offensive weapons . . . This seems to mark a major shift, a commitment to helping Ukraine go on offense and win.  Open questions . . . How far will Ukraine’s partners go?  Infantry fighting vehicles today, maybe tanks, ATACMs, planes, etc. tomorrow?  How big a threat is the Republican controlled House of Representatives?  Will Ukraine be able to avoid a drawn out war of attrition?  Can it launch successful...

Infidel753: The ten most important events of 2022, Infidel753 Blog 1. The Ukraine war.  It’s sometimes hard to judge which event ranks most important in a given year, but this time, there was no question.  Putin’s invasion of Ukraine showed that his regime aspires to territorial expansion by crude, naked military force, a throwback to the pre-1945 order which we thought the world had cast off forever.  It showed that a medium-size nation...

Current MAGA view:

December manufacturing, new orders both decline further, to readings even more on the cusp of recession  – by New Deal democrat I described last month’s ISM manufacturing reading as being one “on the cusp of recession.” Well, this month’s reading was even cusp-ier. To recapitulate, this index has a very long and reliable history. Going back almost 75 years, the new orders index has always fallen below 50 within 6 months before a recession....

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