Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please. I’m now using Substack as a blogging platform, and for my monthly email newsletter. For the moment, I’ll post both at this blog and on Substack. You can also follow me on Mastodon here. Share this:Like Loading...

Weekly Indicators for February 5 – 9 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. Most notable is that two of the long leading indicators – interest rates and corporate profits – have turned from very negative to at very least neutral, increasingly suggesting better economic news ahead. As usual, clicking over and reading will bring you up to the virtual moment as to the economy, and reward me...

 The title might better read, Why orthodox economics is an impossible science. While so-called orthodox economics fits this bill, it doesn't necessarily apply to so-called heterodox schools like MMT.One of the characteristic criticisms of MMY economists by so-called orthodox economists (like Paul Krugman) is "Where's your model?" For neoclassical" economists, who assume formalization as a sine qua non of doing economics, required methodological assumptions include "equilibrium and...

Democracy and world peace have had a very bad week. The special counsel’s unprofessional, partisan decision has put Biden’s age and mental status front and center in the presidential contest.  Most commentators agree that it is up to President Biden to dispel doubts about his fitness, primarily by making himself more available to interviewers and voters.  Whether this will work remains to be seen.  Even if Biden is mentally fit, which I believe is...

Climate Investors Seek Sustainable Farming

Went dumpster diving in my Internet sites to find this again. George W. Bush, Jr. – The Dark Side (realchange.org) Enjoy the silly remarks by Boy-George Bush as compared to Joe Biden. And then the political clowns such as Hur, attack Biden? A president who took us through what could have been one of the greatest economic downturns in the history of the US. The stress must have been tremendous the last three years. And trump gave us $2 trillion...

January 6 was an insurrection, rebellion against the election of a new president. Congressmen/women and Senators fled for their lives. No help came from city police or elsewhere to quell the insurrection. There is no question about what it was. Calling it a riot is an attempt to make it less then what it was, an attempt to overthrow the government. Opinion | Why I changed my mind and think Trump should be thrown off the ballot The Washington...

Why economics is an impossible science In a word, Economics is an Impossible Science because by its own definition the determining conditions of the economy are not economic: they are “exogenous.” Supposedly a science of things, it is by definition without substance, being rather a mode of behavior: the application of scarce means to alternative ends so as to achieve the greatest possible satisfaction—neither means, ends, nor satisfaction substantially...

[unable to retrieve full-text content]Economic solutions: How to go from financialized neoliberalism to a productive, sustainable economy. Geopolitical Hour 22, February 9, 2024. RADHIKA DESAI: Hello and welcome to the 22nd Geopolitical Economy Hour, the show that examines the fast-changing political and geopolitical economy of our times. I’m Radhika Desai. MICHAEL HUDSON: I’m Michael Hudson. RADHIKA DESAI: And working Continue Reading The post Pathways to Solutions first...

Why is it that Democrats always pick the wrong guy? Yes, he delivered an honest, nonpolitical, and legal determination of Biden’s guilt or innocence as assigned to do. No, he is not entitled to go forward with his personal BS assessment of Biden a man he obviously distains. February 9, 2024, Letters from an American, Prof. Heather Cox-Richardson Yesterday, Special Counsel Robert Hur, appointed by Attorney General Merrick Garland in January...