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

Riding the Waves

by Joseph Joyce Riding the Waves   The volatility in emerging markets has abated a bit, but may resume in the fallout of the Russian takeover of the Crimea. The capital outflows and currency depreciations experienced in some emerging market nations have been attributed to their choice of policies. But their economic situations reflect the domestic […]

Cash for Clunkers

Lifted from comments to Calculated Risks aside on cash for clunkers.  Spencer says: I get so tired of seeing people evaluate the cash of clunkers and ignoring the impact on auto inventories. During the cash for clunkers auto and light truck inventories fell from 2.7 months of sales to1.6 months of sales — the norm […]

Natural gas and the Ukraine

This piece in the New York Times caught my attention <a href=” http://www.nytimes.com/2014/03/06/world/europe/us-seeks-to-reduce-ukraines-reliance-on-russia-for-natural-gas.html?nl=todaysheadlines&emc=edit_th_20140306″>US seeks to reduce Ukraine’s reliance on Russia for natural gas</a>.  It is a puff piece, but points to current conversation. From my reading it seems we would be shipping LNG to Germany and Europe?  There is only one facility able to do that […]

Two more on macro policy

Two more contributors to the revenue/tax cut conversation are Angry Bear’s jazzbumpa and New Economic Perspective‘s L. Randall Wray: Another look at Spending and Revenues JazzBumpa | January 31, 2013 9:00 pm This is more or less relevant to Beverly’s post from earlier today. How many times have you heard Boehner, McConnell, Ryan or one of […]

Macro policies on the economy…

Sometimes comments at Angry Bear and other sites get to resemble an exchange of slogans, statements of faith on particular macro economic policies using tax cuts and government spending as political stimulus rather than economic, and proof of validity premised on how forceful one is. At one time or another we all fall into that […]

Inescapable truths

Inescapable truths via The Economist points to the National Academies of Science and the Royal Society’s position on climate change: Feb 27th 2014, 15:12 by O.M. THE National Academies of Science (NAS) and the Royal Society—the elite scientific fellowships of America and Britain, respectively, respectively— released today a rather handy “Frequently Asked Questions” resource on climate change (http://royalsociety.org/policy/projects/climate-evidencecauses/). […]

Why aren’t journalists better at taking advantage of academic expertise?

Ezra Klein offers a view of academic, journalists, and bloggers: Why aren’t journalists better at taking advantage of academic expertise? … The relationship between academics and journalists should be a happy symbiosis. The two sides are perfectly designed, in strengths and weaknesses, to support each other. Yet journalists, such as Kristof, are often frustrated by […]