by David Zetland (re-posted from Aguanomics) Columbus and the destruction of endless resources 14 October 2013 Today is Thanksgiving in Canada and Columbus Day in the US.[1] Both of these holidays touch on the topics of indigenous people, resource use and sustainability — and not in a good way.
Hat tip reader rjs and then lifted from The Global Glass Onion from a long list of links pn the default question: Here are a few lifted from the not including ones from the FED: Democrats and Republicans Pedal to the Metal in Debt Ceiling/Shutdown Game of Chicken – Yves Smith – Watching the shutdown/debt […]
Late posted, but still relevant: by Linda Beale The GOP Default Enthusiasts The New York Times has a story today about those in the GOP who don’t think the government of the USA defaulting on its debt for the first time in history is a big deal. Weisman, Many in G,O,P. Offer Theory: Default Wouldn’t […]
Lifted from comments on Conundrum on waste and value in American healthcare deserves a nod. Reader Denis points us to this NYT article: The soaring cost of a simple breath “The arsenal of medicines in the Hayeses’ kitchen helps explain why. Pulmicort, a steroid inhaler, generally retails for over $175 in the United States, while […]
From Uwe E. Reinhardt in the New York Times: When economists speak of the health system as a “high average-value sector,” they have in mind an average such as the distance AB in the chart divided by the distance OB, but with a monetary value – very often $100,000 or more – put upon the […]
Can Demography Explain Portugal’s Growth Slump Before The Crash? The above still comes from a recent Financial Times video entitled “Portugal’s Brain Drain”, which I encourage everyone to watch. The issue being raised revolves around the current acceleration of emigration from countries on the EU periphery, largely towards the EU core. Typically the emigrants are […]
*On-the-Record Media Call* Join Harvard University professor and economist Martin S. Feldstein and Peterson Institute for International Economics President Adam S. Posen today, October 10, at10:30 a.m. (EDT) for a discussion about the nomination of Federal Reserve Vice Chairwoman Janet Yellen to replace outgoing Federal Reserve Chair Ben Bernanke. Date: Today, October 10, 2013 Call […]
by Linda Beale Economic Terrorism: the Tea Party/GOP’s Hostage Taking Plan (Tom Tomorrow’s “Giant Killer Robots”) As the New York Times reported on Saturday: Stohlberg, A Federal Budget Crisis Months in the Planning, New York Times (Oct. 5, 2013), the current fiscal and political crisis was planned as a manuver to get their way by […]