real economics
Sunday, June 26, 2011

Summer in Minnesota

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Doesn't last very long.  So we are taking a week off to take in some of the scenery around Gitchi Gummi (Lake Superior.)
Saturday, June 25, 2011

Banksters ruin everything they touch

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I must confess that I never quite understood the European intelligentsia's enthusiasm for the European Union.  Of course, I wasn't a...
1 comment:
Friday, June 24, 2011

What the banksters are doing to Greece

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With the utter complicity of politicians who believe the same insane bullshit about money.

Direct conversion from heat to electricity

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There are two reasons I really like this story. First of all, there is this small matter about where this happened--The University of Min...
1 comment:
Thursday, June 23, 2011

Just the facts on Social Security and Medical Costs

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Responding to the latest lies peddles by New York Times columnist Thomas Friedman, Dean Baker provides a quick summary of the facts regardi...

The Euro--another casualty of failed economic thinking

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There are probably a bunch of good reasons for why Europe should have a single currency.  I am pretty sure that if I had to conduct a busine...
1 comment:
Wednesday, June 22, 2011

Gary Becker Skewered and Cooked

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Tip o' the hat to Ken Houghton at Angry Bear for this quick and simple dismantling of a prevailing neoliberal shock doctrine "mode...

Pravda notices the German economy

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The Germans and the Americans largely industrialized using the same playbook.  After WW II, the team of American economists who supervised t...
Tuesday, June 21, 2011

The ongoing disaster that is neoliberalism

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Back in the 1970s, there was an ongoing debate between that giant (literally) of Keynesianism, John Kenneth Galbraith, and Milton Friedman w...
2 comments:
Monday, June 20, 2011

Why the economics profession gets it so wrong so often

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Not long ago, I met a freshly-minted economist who was a perfectly pleasant young man who was unfortunately wrong about just about everythin...
Sunday, June 19, 2011

Netroots Nation--redefining irrelevance

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Netroots Nation (NN), a gathering of "progressives" organized mainly by the Dailykos website has been meeting in Minneapolis since...
Friday, June 17, 2011

Global weirding

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The strange weather patterns just keep getting stranger.  Hardly a day goes by anymore that I don't find myself muttering "It's...
1 comment:
Thursday, June 16, 2011

Elegant technology--waste processing

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When I wrote Elegant Technology , getting a handle of the global waste stream seemed almost impossible.  Every day, I could see more things ...
4 comments:
Wednesday, June 15, 2011

USA economy on the verge of collapse

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As regular readers know, I was predicting an economic contraction in the very near future last spring.  The reasoning was simple--oil is the...
9 comments:
Tuesday, June 14, 2011

IMF--what a lovely organization (NOT) part xxxx

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Once did a thought experiment--what would happen if some hacker managed to cancel some country's external debt? I am pretty sure that ...
2 comments:
Monday, June 13, 2011

River Revival--Working Together to Save the Minnesota River

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Attended a "watch party" last night for a video documentary I had more than a little to do with creating.  It concerns the efforts...
Saturday, June 11, 2011

Netroots Nation: My Minneapolis

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The Netroots Nation (a Dailykos affair) is coming to Minneapolis next week.  So like a good host (which I rarely am) I thought I might post ...
1 comment:
Friday, June 10, 2011

Netroots Nation: My St. Paul

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St. Paul is easily the best-kept secret in Minnesota. Yes it is the capitol. Yes is has a bunch of state offices. But generally speaking,...
1 comment:
Thursday, June 9, 2011

Netroots Nation: Road Trip-Veblen's Minnesota

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Most Minnesotans will tell you that the real scenic state is "up Nort." And they most certainly have a point. Anyone who has the...
2 comments:
Wednesday, June 8, 2011

World Record In Ultra-Rapid Data Transmission

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May 26, 2011 Transfer of 700 DVDs in One Second Only – Highest Bit Rate on a Laser Scientists of Karlsruhe Institute of Technology (KIT) ...

Wind Energy News: China vs. U.S. edition

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Sorry I have let this news roundup slip for so long. But the latest top news items serve to put the U.S. approach to political economy in st...
1 comment:
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