Relevant and even prescient commentary on news, politics and the economy.

As we start the second half of 2019 . . . (Updated: manufacturing almost exactly flat in June)

As we start the second half of 2019 . . . (Updated: manufacturing almost exactly flat in June) First of all, I forgot to post a link to my post at Seeking Alpha on how a near-term recession is not likely to be centered on either the consumer and financial sectors of the economy, which are doing […]

Same Scams, Different Countries

Via Diane Ravitch’s blog is a link to this paper Great Britain school priveatization run amok. In the course of the last quarter century, governmental entities in both the United States and England have sought to encourage educational innovation by creating publicly funded schools that are independent from many rules that apply to locally controlled schools. […]

The Parting of Ways: The U.S. and China

by Joseph Joyce The Parting of Ways: The U.S. and China The agreement of U.S. President Donald Trump and Chinese President Xi Jingping to restart trade talks put offs planned increases of tariffs on Chinese exports. But there is little doubt that the U.S. intends to move ahead with its intention to undo the economic integration that has been […]