“Bungling The Debt Ceiling,” EconoSpeak, Barkley Rosser It looks like Sen. Chuck Schumer (D-NY) is bungling the matter of raising (or suspending) the debt ceiling, coming due in mid-October supposedly. He could have tied it to reconciliation in August, but decided not to, intent on getting GOPster on board with participating in doing it. But […]
A Curious Form of Sex Addiction, EconoSpeak, Barkley Rosser The murderer of 8 people recently in the Atlanta area, of whom 6 were Asian American women, mostly (if not completely) Korean American, has claimed that he did not do it out of any anti-Asian prejudice, much less anti-women prejudice, although apparently only one of those […]
Prof. Peter Dorman of Evergreen College writes at EconoSpeak and portrays Matt Yglesias’s retrospective on how the healthcare establishment failed the public when passing information on facemasks, hand-washing, distancing, etc., and how Covid is transmitted. The direct result of not following these practices or casting doubt upon them is an elevation of Covid cases which […]
Barkley Rosser, Econospeak Blog, “Is Trump Going To Attempt A Coup?“ I realize that Joe Biden just held a press conference where he basically dismissed the refusal of Trump and a lot of other Republicans to concede the presidential election to Biden as “embarrassing,” laughing at Secretary of State Pompeo who earlier today talked about […]
A curious coincidence is that the US midterm elections happened one day after the US reimposed its second round of illegal economic sanctions on Iran, with the focus on oil, shipping, and banking, along with some other sectors. Despite all but a handful of governments around the world supporting Iran in this matter (despite apparently […]
by Sandwichman (re-posted with author’s permission): In his Essay Concerning Human Understanding, John Locke affirmed, “I do not question but that human knowledge, under the present circumstances of our beings and constitutions, may be carried much farther than it hitherto has been, if men would sincerely, and with freedom of mind, employ all that industry […]
Sandwichman at Econospeak offers a look at a piece of history: “Of Property” and the Mercantilist Fallacy “Though the earth, and all inferior creatures, be common to all men, yet every man has a property in his own person: this no body has any right to but himself. The labour of his body, and the work of his […]
Peter Dorman at Econospeak writes a gem of a post asking readers to ask simple questions when offered a morality tale by journalists, or an implied cause and effect tale, and how it takes no special skill to ask simple business questions that the journalist should at least ask, even if not o tanswer all […]
US Household wealth regains pre-recession peak! crows this story. Steve Roth‘s chart to 2010 from Asynptosis demonstrates the drop in net worth for most of us. pgl at Econospeak adds perspective: So Whose Wealth Is At a Record High? This news story must be good news for some folks: According to the Federal Reserve, household wealth […]
Via Sandwichman at Econospeak comes this well done video on Wealth: It’s Not for Everyone, which is going to 3 million views from facebook, reddit, and elswhere: