political economy

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Latest blogosphere posts tagged “political economy”

 

• More Signs of Big Trouble in Big China as Loans Sharply Contract

  
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  Oops. More signs of big trouble in China as demand for credit substantially shrink. From Bloomberg , China’s biggest banks may fall short of loan targets for the first time in at least seven years as an economic slowdown crimps demand for credit, three bank officials with knowledge of the matter ...
  2 days ago

• Foundations of Political Theory: I Think This Is Supposed to Be a Compliment...

  
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  Aaron Swartz: Farrell-Shalizi is the new Hayek. Their line about how democracy turns private vices into public benefits is brilliant http://t.co/jseSckVu
  2 days ago

• Eurobonds won’t happen anytime soon

  
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  I wrote a post earlier in the week at the New York Times on Eurobonds. I will be on RT at 4:30PM Eastern talking about Europe and the global economy. In Europe, my biggest concern is bank runs. Here’s my basic conclusion on Eurobonds: With the depressionary circumstances in the European periphery dragging the euro ...
  2 days ago

• Nothing To Do, Nowhere To Go

  
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  Still treading water: Applications for jobless benefits decreased by 2,000 to 370,000 in the week ended May 19 from a revised 372,000 the prior week, Labor Department figures showed today. The initial claims matched the median estimate in a Bloomberg News survey of economists. The number of people on unemployment ...
  3 days ago

• A False Premise

  
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  It’s being widely reported that a continued, or accelerated, EU economic crisis could threaten President Obama’s reelection. It’s certainly true that, in this increasingly globalized world (!?), the European crisis could impact the American economy, and through that, President Obama’s … Continue reading →
  3 days ago

• Europe Can Spend Its Way to Growth

  
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  That’s the claim made by Hannes Swoboda, an Austrian MEP and President of the Progressive Alliance of Socialists and Democrats in that European Parliament, in a recent Wall Street Journal op-ed. Mr Swoboda said about German reluctance to support continued … Continue reading →
  3 days ago

• Six Questions I Asked Thomas Mann and Norman Ornstein About Their Book "Its Even Worse than It Looks" on May 18, 2012

  
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  I have been telegraphing this question to Norm for a while. It is something I genuinely don’t understand: The Democratic barons of the center—the Lincolns and the Nelsons now, in an earlier day the Sassers, even the Moynihans. People who seemed to think that their proper political and policy strategy was to say ...
  3 days ago

• Sharp Slowdown in China’s Factory Activity Amplifies the China Uncertainty Factor

  
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  A sharp decline in China’s factory indicator last month amplifies the uncertainty over China’s economic (as well as political) conditions. The larger than expected slowdown has coincided with the recent slump of China’s demand for commodities and thus signals an adverse development. The Reuters reports ...
  3 days ago

• Who Will Be the Next Treasury Secretary?

  
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  Felix Salmon: Who will be the next Treasury secretary? : Top of the list if Obama gets re-elected is Larry Fink, of Blackrock…. The other main name on the Democratic side of things is Erskine Bowles…. Dan Tarullo… is being presented as Bowles lite…. Roger Altman…. There are four names put forward ...
  3 days ago

• Cognitive Democracy

  
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  Over the last couple of years, Cosma Shalizi and I have been working together on various things, including, inter alia , the relationship between complex systems, democracy and the Internet. These are big unwieldy topics, and trying to think about them systematically is hard. Even so, we’ve gotten to the point ...
  3 days ago

• The Cycle

  
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  Via Contradict Me . [IMG: http://24.media.tumblr.com/tumblr_m4c4g4Ibnq1ql2f1mo1_500.jpg]
  3 days ago

• 
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  People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices. It is impossible indeed to prevent such meetings, by any law which either could be executed, or would be consistent with liberty and ...
  4 days ago

• EU Summit Dinner Menu: Indigestion

  
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  The EU informal summit will be held over a dinner and despite the attention it is receiving, it still seems unreasonable to expect anything concrete. Todays informal EU summit is not the real thing. It is out of the late June summit that a new effort will likely emerge Credit Writedowns Pro is live. Sign up today ...
  4 days ago

• On the stupid slogan: “Socialism or Barbarism”

  
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  Postone ends his critique of Michael Hardt with these words, the last sentence of which I find to be as theoretically repugnant as his critique of Hardt was sublime: These brief considerations suggest that a future beyond capitalism would require a fundamental transformation of the division of labor and that, ...
  4 days ago

• Chart of the day: The Grexit decision tree

  
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  The Financial Times has gone through the very useful exercise of creating a decision tree on what a Greek exit from the euro zone entails. I think the Europeans are now actively preparing for a Grexit because to not do so would be folly. But that doesnt mean that they want Greece to be forced out. Much of what we hear ...
  4 days ago

• Public Financing of Vikings Stadium a Bad Deal for Fans, Taxpayers

  
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  By Ilya Shapiro The collusion between big business and big government that fleeces the rest of us has struck again — Tim Carney , iMessage your office – this time in the sports world.  Minnesota governor Mark Dayton recently  signed the midnight deal that state lawmakers struck with the owners of the ...
  4 days ago

• More Coase

  
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  | Peter Klein | Russ Roberts interviews Coase on EconTalk. Familiar stuff, but it’s great to hear Coase talk about it at age 101. Some highlights: Roberts: “[I]t’s hard to measure transactions costs; it’s hard to quantify the theory. Is that correct or is it irrelevant.” Coase: “It’s very relevant. ...
  4 days ago

• Points for the Budget

  
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  Over at Dim Post, there is the general question of whether a “zero-budget” makes sense. Commenting on the post, I remembered some of the key points to keep in mind when looking at actual policy – rather than the tiresome and incoherent ramblings we will get from politicians of all stripes and colours when the ...
  4 days ago

• Never, I mean NEVER, Get Your Hair Cut In Alabama

  
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  Ever wonder why there are so many lawn care companies and so few food trucks in Missoula? Ever wonder why there are only three commercial cheesemakers in Montana? (I used to) I have said for a while that the biggest obstacle to small business creation and development has much less to do with taxes, federal meddling, ...
  4 days ago

• Here is a riddle. Who said this?

  
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  "It has been more than four years since the US economy first entered recession—and although the recession may have ended, the depression has not. Unemployment may be trending down a bit in the United States (though it’s rising in Europe), but it remains at levels that would have been inconceivable not long ...
  4 days ago

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