Yves here. This post confirms widespread American hypocrisy for free speech: it’s great as long as your ideological opponents don’t get to exercise it. It’s depressing as someone who was apolitical and middle-of-the-roadish in the 1970s and 1980s, when free...
Yves here. There is a great deal more that one could add to Richard Murphy’s post, but I will try to keep it brief. Murphy does not explicitly discuss the loanable funds fallacy, which was debunked by Keynes and Kaldor....
Yves here. Western media outlets faithfully printed what amounted to press releases on official plans for US and NATO members to support the construction of weapons-making factories in Ukraine. Admittedly, the manufacturers initially made cooperative noises, presumably so as not...
CalPERS’ staff is seeking to complete its de facto takeover of the board through a set of measures presented at the board offsite last month. Not only is the substance of these proposed changes contrary to the US and California...
With the CPI release, we have new July observations for 3 series. Figure 1: Instantaneous inflation for core CPI (blue), chained core CPI (tan), supercore CPI (pink), PPI core (red), and PCE core (green), per Eeckhout (2023), T=12, a=4. Source: BLS, BEA, Cleveland...
By Lambert Strether of Corrente Bird Song of the Day I looked for another species of songbird that mimics, and came up with the Thrasher. Brown Thrasher, Langford Creek Road, Tompkins, New York, United States. * * * In Case...
Yves here. While this study has an interesting objective, of seeking to measure changes in attire and hair styles as a proxy for style conformity, I have doubts about high school yearbooks in the 1960s and 1970s being great proxies....
Yves here. As this article points out close to the top, MDMA, aka ecstasy, is not a psychedelic but an amphetamine, so it’s peculiar to see a site like The Conversation that publishes articles by academics mislabel it in its...
Yves here. KLG reminisces about his first real job in a chemical factory, where he was paid well to clock regular hours accumulating skills and doing scut work too, and how employment has devolved since then. His overview: Last time...
Gaza As a former IDF soldier and historian of genocide, I was deeply disturbed by my recent visit to Israel Omer Bartov, Guardian Weekend carnage in Gaza shows Nagasaki mayor was right South China Morning Post (furzy) Israel has a...
