We seldom write about individual companies unless they are close to our banking/finance wheelhouse and have some sort of larger significance, such as are a focus of systemic risk or illustrate larger trends. We are hoisting a discussion from comments...
Yves here. Satyajit Das provides a long-term view of how the Middle East has become a tinderbox in a three-part series. This review is provides an integrated assessment and I hope you will you circulate it as a backgrounder. This...
Conor here: The following piece from DeSmog is an example of where left and right interests overlap, albeit for different reasons. Conservatives might oppose the carbon storage projects more because they require extensive government support in order to be viable...
Here is the source. The post England and Wales fact of the day appeared first on Marginal REVOLUTION. Source link...
Consumers, CEO’s, or economists? Figure 1: Year-on-Year CPI inflation (bold black line), corresponding 1 year ahead inflation expectation from NY Fed consumer survey (blue line), from Coibion-Gorodnichenko firm survey (red triangle), from Survey of Professional Forecasters (teal squares). NBER defined...
Pot filled with gold coins buried by soldier 2400-year-ago discovered Interesting Engineering. “As we rode out to Fennario…” Mercury could have an 11-mile underground layer of diamonds, researchers say CNN Mysterious 2,500-Year-Old Graveyard Found Filled With Young Children Science Alert...
On July 24 the European Commission announced it is putting Italy on notice for alleged “rule of law” deficiencies, which could put in jeopardy EU cohesion and recovery funds earmarked for Rome. In theory, the warning is supposed to be...
Conor here: Any word on whether the 2024 presidential candidates think our healthcare system is “weird?” By Phil Galewitz, a senior correspondent KFF Health News who covers Medicaid, Medicare, long-term care, hospitals, and various state health issues. He has covered...
Recent vs. 2008 and 2001 recessions. In the 2001 and 2008 recessions, the Sahm Rule (real time) threshold is passed when unemployment is rising mostly due to rising unemployment count (and not due to rising labor force). Figures 1 and...
Yves here. I hate to be a pedant, but I am bothered when experts making a generally valid point cite misleading information to do so. Below in this interview with Michael Hudson and Richard Wolff, Wolff cites the price of...
