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

Who’s your daddy?

Mark Thoma has original attribution at Economist’s View Economic Dreams-Economic Nightmares discusses Jamie Galbraith’s recent presentation: Hyman Minsky, John Kenneth Galbraith and John Maynard Keynes take center stage as James Galbraith throws down the gauntlet to contemporary mainstream economists. Speaking at the 25th Annual Milton Friedman Distinguished Lecture at Marietta College, Marietta, Ohio, Jamie Galbraith […]

Infrastructure 2

Infrastructure – The Next Big Deal? #1 Reuters carries a report on an infrastrucutre concern: The worst Midwest flooding since 1993 has generated images of swamped towns, cracked roads, washed-out bridges, overwhelmed dams, failed levees, broken sewage systems, stunted crops and water-logged refugees. The losses are in the billions of dollars and still mounting, as […]

10 best gloom and doom sites

Hat tip to Barry Ritholz at the Big Picture for this link listing the 10 best gloom and doom sites. 1. Daily Reckoning2. Clusterfuck Nation3. The Big Picture4. DollarCollapse.Com5. Angry Bear6. Mish’s Global Economic Trend Analysis7. Naked Capitalism8. Peter Schiff9. GREG MANKIW’S BLOG10. The mess that greenspan made Barry had a note about Greg Mankiw […]

Firearms ready to use or simply owned and stored when on the move

PEER notes that: On April 30, 2008, the U.S. Interior Department proposed to repeal nearly century-old national park rules requiring that firearms be unloaded and unavailable for ready use. In its place, the Bush administration would substitute the various laws governing “any state park, or any similar unit of state land, in which state the […]

Going after efficiencies

The NYT has an article of interest on creating new efficiencies not often discussed as policy. I think a savings of 10% (20%?) or more is significant. With the new refrigerators with the shelf in the door, these fit nice,” said April Buchanan, who was shopping at the Sam’s Club here. Others, even those who […]

Oil shale and solar status

Update: Shell’s in-situ R&D Update 2: One description of the process, with attendant energy costs. Update 3: Then of course the Oil Drum analysis takes time to read. Update 4: Vtcodger sends this cool link giving us some history, geology, and current synopsis of processes at extraction. Update 2 describes Shell’s attempts in more detail. […]

Infrastructure – the next big deal?

The Economist reported this article on forthcoming issues gaining momentum: For the past few years it has been hard to ignore America’s crumbling infrastructure, from the devastating breach of New Orleans’s levees after Hurricane Katrina to the collapse of a big bridge in Minneapolis last summer. In 2005 the American Society of Civil Engineers estimated […]

Northwest Passage

THIS LINK to NSDIC will update you on the state of the Northwest Passage. What does this online analysis provide? The online information we offer in this section includes: Daily images of near-real-time Arctic sea ice conditions (above right)Monthly scientific analysis year-round, with more frequent updates during the melt season or as conditions warrantPrevious news […]