real economics
Wednesday, October 31, 2012

Systemic causation

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In the world of science and technology, the difference between acceptable and not acceptable can sometimes be measured in parts per billion ...

Hurricane Sandy—counting the costs

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One of the many scandals of this fall's Presidential election is that the two major candidates had three debates lasting 270 minutes and...
1 comment:
Tuesday, October 30, 2012

Who is eating the higher food prices?

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Sunday I went grocery shopping and paid less than $2 for a gallon of milk.  Most other prices were similarly reasonable and close to what I ...
4 comments:

Naming hurricanes

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Gotta love this idea.  The very least we can do with the deniers of reality is shame them.  Attaching their names to catastrophes would be a...
Monday, October 29, 2012

Austerity is so last month

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Now that the damage has been done, we find some of the banking community waking up to the reality that austerity is very, VERY destructive ...
Sunday, October 28, 2012

Wasting youth

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This is so precious.  A generation of people has had their hopes dashed and their lives consigned to irrelevance.  But you know, the tragedy...

Climate change (again)

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If the effects of climate change are most noticeable the further you are from the ocean, the equator, and sea level, Bolivia which is a land...
Saturday, October 27, 2012

Tony's Political Economy Round-up, October 27, 2012

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In Neoliberalism Kills, Part One , letsgetitdone (Joe Firestone, who is Managing Director and CEO of the Knowledge Management Consortium In...

Saturday toons 27 OCT 12

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Friday, October 26, 2012

The Nordics don't want to bail out anyone

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The money boys are doing something very dangerous—they are screwing with their legitimacy.  Now it's one thing for guys like me to quest...
1 comment:
Thursday, October 25, 2012

Food shortage update

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We got a crop here in southeast Minnesota, but September was the driest ever recorded.   Here a combine stirs up enough dust harvesting...

Will USA really elect Gordon Gekko?

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Gordon Gekko.  Fictional takeover bandit played by Michel Douglas in Oliver Stone's 1985 movie Wall Street .  In the movie's happy ...
2 comments:
Wednesday, October 24, 2012

The Predators are evil AND crazy

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In some ways, it is slightly (and I mean slightly) comforting to know the we in USA do not hold a monopoly on people who genuinely hate scie...

Canceling sovereign debt

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Last summer I got into a depressing exchange.  The guy wanted to know what I would propose to deal with the massive national debt as he was ...
1 comment:
Tuesday, October 23, 2012

Iceland—the best response to 2008

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Iceland took a quite different path in response to the financial meltdown of 2008.  For one thing, they actually threw some of their crooked...

Status emulation in a good cause

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Thorstein Veblen wrote that status emulation was a very powerful human motivation—second only to the survival instinct and sometimes not eve...
1 comment:
Monday, October 22, 2012

Transaction tax

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A lot of the damage done by finance to the real economy is simply a function of speed.  Bad things happen when you can move money around fas...
Sunday, October 21, 2012

Glass Steagall in Europe?

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Glass-Steagall worked so well for so many years, folks who believe it a good idea tend to think of it in terms of one of those lightning-bol...

The Predator Classes have a Mecca

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I have a minor quibble with Petras' use of the term "parasite" and I am not completely convinced that London is all that much ...

Carbon dioxide to fuels?

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(h/t to kfathi, thanks) Normally, I don't pay much attention to stories like this one.  The reason is that over a lifetime of being ask...
Saturday, October 20, 2012

Flash-mobbing Beethoven

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Watching the bankster / Predators destroying the great civilizations of Europe with no more motivation than greed and sadism, sometimes it e...
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