I’ve got undergrad upper division and MSc level macro courses (latter w/Charles Engel) to teach this spring (also a stats course, where I use lots of examples from comments as cautionary notes, , , , ). Last year I added...
JW Mason asserts that, in focusing on the real exchange rate, I’m on the side of relative prices being the primary determinant of flows. Here is one of the big cleavages between orthodox and (Post) Keynesian approaches to international economics:...
By Lambert Strether of Corrente. More soon! –lambert Bird Song of the Day Brown Thrasher, Washburn University Vicinity, Shawnee, Kansas, United States. Busy, busy. * * * In Case You Might Miss… New Covid charts drop, with Christmas hospitalization up...
Yves here. Many readers will likely take issue with the use of India’s biolabs as the focus of an article worrying about their proliferation. If you want to look at affirmatively reckless implementation, you have to go not further than...
The Wall Street Journal published a seemingly pretty good piece, Elite Colleges Have a Looming Money Problem. However the funding squeeze has long been in the making and it might have behooved the Journal to call more attention to the...
After avoiding the issue for years, the legacy media are now trying to manufacture public complacency and consent for the government’s digital identity — and by extension, CBDC — agenda. On July 5, the day Keir Starmer became UK prime...
“as linguists decipher elephant language, they are puzzled….” allgebrah, ThreadReaderApp ‘Extremely yellow’ creature caught off Pacific island. See the new ‘duckbill’ species News&Observer To conserve or cull? Life in Australia’s crocodile capital BBC Stand Out: How to Prevent Obeying in...
In 2017, I wrote an article on India’s underperformance in tourism: India is one of the most desirable tourist destinations in the world. Thirty-five UNESCO World Heritage sites–among them the Taj Mahal, one of the “New Seven Wonders of the...
Yves here. Richard Murphy makes a critical point about the focus of media, that its notion of what amounts to news has become more divorced than ever from the concerns in most people’s daily lives. However, I am surprised at...
Yves here. Below, Wolf Richter demonstrates how fabulously overvalued Tesla stock is. Yours truly is not a stock jockey, but even allowing for that, I have difficulty thinking of any previous case where the valuation of a large-cap company was...
