Clearly, the law of diminishing returns is at work in the continued weaponisation of sanctions against Russia. Indian business and industry should pay close attention to Modi’s far-sighted initiative on Friday....India PunchlineModi ignores West’s sanctions on RussiaM. K. Bhadrakumar | retired diplomat with the Indian Foreign Service and former ambassador.

Economics beyond Krugman, Mankiw, and Rodrik Economics students today are complaining more and more about the way economics is taught. The lack of fundamental diversity — not just path-dependent elaborations of the mainstream canon — and narrowing of the curriculum, dissatisfy econ students all over the world. The frustrating lack of real-world relevance has led many of them to demand the discipline to start developing a more open and pluralistic...

Gloria Thurn und Toxisch .[embedded content]

Η ομιλία του Γραμματέα του ΜέΡΑ25, Γιάνη Βαρουφάκη, στη Βουλή για τον Προϋπολισμό του 2023. __________ Για να...

What Is The Bielefeld School Of Economics? by Barkley Rosser @ Econospeak  This piece is about a paper I have just written for a special issue to appear in a journal I used to edit about the late economist, Peter Flaschal. Who most of you are probably thinking, although maybe not all of you? He was a heterodox macroeconomist located for his entire career at Bielefeld University in Germany.  He coauthored a lot with a group of economists who...

The status of the coincident indicators  – by New Deal democrat In addition to real GDP, which is only updated quarterly and with a lag, the NBER has indicated that it relies upon four other datapoints in determining the onset month of a recession: payrolls, industrial production, real income less transfer payments, and real manufacturing, wholesale, and retail sales. The below shows all four, with the exception that, because real...

An easy one this week: Yours truly wants to distribute 30 one-dollar coins among his kids Linnea, David, and Tora. In how many ways can this be done if he wants all of them to get at least one coin? 

Most of the time I write dense blogs & research papers. I sent the e-mail below to someone close to me. Afterward, I realized it tacitly says a lot about the state of our society (liberals included). Sometimes, mixing things and writing about them in a different way can be revealing. Sent: Saturday, December 17, […]

Michael Hudson levels on Europe. Finished.Vineyard of the SakerMichael Hudson gives an interview to a German magazineMichael Hudson interviewed by German print magazine “Four”This interview is also posted at Naked CapitalismMichael Hudson Discusses the Future of Europe and Global Restructuring