political economy
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Latest blogosphere posts tagged “political economy”
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Which Country Has Been The Most Aggressive Inflationist?
prudent investor newsletters —
Authority: 122
Not the US. In terms of expanding the central banks balance sheet, the answer is China. Writes Dr. Ed Yardeni , The Keynesians have spread fiscal recklessness throughout the world, and want to make sure that China participates. In any event, the Chinese are better at monetary than fiscal policy ...12 hours ago -
Fairness
A Plebe's Site —
Authority: 115
Stephen Moore, of The Wall Street Journal, asks some questions…. about taxes Is it fair that the richest 1% of Americans pay nearly 40% of all federal income taxes, and the richest 10% pay two-thirds of the tax? Is it … Continue reading →1 day ago -
Contradictions
A Plebe's Site —
Authority: 115
In an energy policy article in The Daily Caller, Deneen Borelli raises some interesting disconnects between President Obama’s rhetoric and his actions. She points out the failures engendered by his contradictions: Despite his class-war rhetoric, Obama’s command-and-control energy policy drains … Continue ...1 day ago -
An example from Mish on the uselessness of establishment economic statements
Mark Horne —
Authority: 109
Analysis of Bernanke’s “Labor Weakness” Statements Unfortunately, Bernanke’s statements offer surprisingly little economic insight. For example, please consider the Fed’s estimate that the “unemployment rate will average 8.2 percent to 8.5 percent in the fourth quarter”. Perfectly Useless Projection ...1 day ago -
What Jonathan Gruber Meant When He Said That Although Charles Murrays "Losing Ground" Was Impressive as Rhetoric, "The Facts Were Wrong"
J. Bradford DeLong's Grasping Reality with All Eight Tentacles —
Authority: 663
Sandy Jencks vs. Charles "Cross Burner" Murray: How Poor Are the Poor? : Systematic efforts at assessing the impact of [welfare] benefits on illegitimacy rates support my version of the Harold and Phyllis story rather than Murray’s. The level of a state’s AFDC benefits has no measurable effect on its rate of ...2 days ago -
Why Oh Why Cant We Have Better Right Wing Think Tanks?: Stuart Butler/Heritage Foundation/Individual Mandate Edition
J. Bradford DeLong's Grasping Reality with All Eight Tentacles —
Authority: 663
Yes, Stuart Butler of the Heritage Foundation is a bullshit artist. Why do you ask? Kenneth Thomas: Middle Class Political Economist: Heritage Doubles Down on Individual Mandate Denialism : [T]he Heritage Foundation has been bellowing against the Affordable Care Act despite the fact that the critical elements ...2 days ago -
Richard Nixon: 1971 Annual Message to the Congress on the State of the Union
Credit Writedowns —
Authority: 647
I have highlighted some of the state of the union addresses by Herbert Hoover in the past because I see the Great depression as a time with certain parallels to the present economic hardship. Lets look at the 1970s instead now. Heres Richard Nixon from 1971, with what was considered a conservative agenda in 1971 based ...2 days ago -
Hypocrisy, Part II
A Plebe's Site —
Authority: 115
Health and Human Services Secretary Kathleen Sebelius has an opinion piece in USA Today. In her apologia for an Obamacare regulation that requires health insurance programs provided by a vast range of Catholic, Protestant, Jewish, and so on institutions to … Continue reading →2 days ago -
Christopher Merrett Reviews South Africa Pushed to the Limit by Hein Marais
BOOK SA - News —
Authority: 119
Verdict: carrot Why is it that in a country of so much apparent change, so little has altered? Some developments have been disastrous: the liberation dividend has included a loss of 12 years of average life expectancy since 1994. South Africa remains a country of two economies, one exploiting the other. Hein Marais ...4 days ago -
“Here, Fred. Fixed that for ya!”
Re: The People —
Authority: 105
In his paper, THE “MONETARY EXPRESSION OF LABOR” IN THE CASE OF NON-COMMODITY MONEY ,, Fred Moseley admits Marx argues money is a commodity, but Moseley wonders if this was not just due to the fact Marx was trying to explain 19th Century capitalism. Some critics of Marx claim his theory is invalidated by the ...1 week ago -
Indonesia to require loggers prove their concessions free of overlapping claims
boilingspot —
Authority: 122
Applicants for forest concessions in Indonesia will soon be required to prove there arent overlapping claims on their holdings, reports The Jakarta Globe mongabay.com | February 02, 2012 The move, which offers the potential to reduce land disputes between forest developers and local communities, ...1 week ago -
Less bank-bashing, more action: time to Move Your Money!
boilingspot —
Authority: 122
A call is going out to every British citizen who wants the financial sector to clean up their act. Move your money from the big banks to local, ethical or mutual alternatives and send them a message in a language theyll understand by Louis Brooke | Feb 2 2012 by OpenDemocracy in Energy Bulletin | Feb 2 2012 ...1 week ago -
Turning Point: What future for forest peoples and resources in the emerging world order?
boilingspot —
Authority: 122
Reports about REDD tend to focus on the forests. It’s unusual for a report about REDD to start with an analysis of the economic crisis in Europe and the way in which the world is changing. Yesterday, the Rights and Resources Initiative released a new report that does precisely that By Chris Lang | REDD-Monitor ...1 week ago -
U.S. Economy Adds 243,000 Jobs; Forecast was 125,000
Electronic Urban Report / EUR —
Authority: 650
*Sorry Mitt, Newt, Donald, GOP … but the economy is looking better. The Labor Department says the U.S. economy added 243,000 jobs in January — the fastest growth since April. The unemployment rate, obtained from a different survey, fell by two-tenths of a percentage point to 8.3%, the lowest it has been since ...1 week ago -
BUY OR SELL-Is there still a market for U.N. carbon permits?
boilingspot —
Authority: 122
U.N.-backed carbon permits were among the worst performing commodities in 2011 and trading volume fell more than 35 percent in January this year from December as the benchmark contract became very illiquid, renewing concerns about lack of demand By Nina Chestney | Reuters Africa | Feb 2, 2012 Prices for ...1 week ago -
January Jobs
Electric City Weblog —
Authority: 104
This BLS reported a print of +243,000 new jobs in January. I know that the data are rife with imperfections but this is generally good news and, following a December number of +204,000 we may be witnessing a trend. I’d like to see this confirmed for a few more months before I’m willing to say that we’re out of a ...1 week ago -
Doug Casey on the Coming War with Iran
Credit Writedowns —
Authority: 647
It could just be saber rattling during an election year, but Western powers have been provoking Iran for years now - two decades, really. I just saw another report proclaiming that Iran is likely to attack the US, which is about as absurd as the allegations Bush made about Iraq bombing the US, when he fomented that ...1 week ago -
Chart of the Day: Government Deficits as Far as the Eye Can See
Credit Writedowns —
Authority: 647
The chart below from the blog Pragmatic Capitalism shows the U.S. Federal government deficit for each quarter since 1952. As you can see, almost the entire period is marked by deficits. Here’s my take, using the same chart a year ago that Pragmatic Capitalism used above today: The U.S. dollar is the ...1 week ago -
Should the police get to keep the loot of a bandit who robbed me?
Mark Horne —
Authority: 109
Let’s imagine the following event: You are walking down the street with your purse on your arm or, if you are a man, you have your wallet in your hand–say you left a note in it and you needed to read it to remind yourself what it said. Fill in your own details. So there you are minding your own business and not ...1 week ago -
iStuffed
From Pine View Farm —
Authority: 130
Asia Times reports on Apple’s off-shoring. After addressing the notion that there are two economies, a “financial” economy (companies such as Goldman Sachs, which make money by playing with money) and a “real” economy (companies that make money by making stuff), they look at Apple and other tech ...1 week ago


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