by David Zetland (assistant professor of economics at Leiden University College in the Netherlands and his blog is Aguanomics) Life is about to get much worse Climate change is hard for people to understand or take seriously because its FUTURE impacts will be so vast in scale and intensity. It would be easier for people to […]
I find this vox.com post by Natahnael Johnson even more interesting than their very high average. It is a paean to genentically modified bananas originally published at Grist. The Grist (and Vox) headline people tease “These vitamin-fortified bananas might get you thinking differently about GMOs”. Johnson should be glad it didn’t get me thinking differently […]
Interesting Vox article on natural and manmade earthquakes my fellow Vet and cohort in writing Mark Jamison sent me. This year for the first time ever the USGS is including a map of areas in the US which may be prone to human-induced earthquakes” in addition to areas which are prone to natural earthquakes. “By […]
by Joseph Joyce The Repercussions of Financial Booms and Crises Financial booms have become a chronic feature of the global financial system. When these booms end in crises, the impact on economic conditions can be severe. Carmen M. Reinhart and Kenneth S. Rogoff of Harvard pointed out that banking crises have been associated with deep […]
As one of those manufacturing people who improve throughput, I often read Sandwichman who writes for “Econospeak BlogSpot I hope you enjoy his analysis of robots replacing humans and the resulting availability of time off. Wait a minute, does a post work society giving time off really take place? “Automation may mean a post-work society […]
by Joseph Joyce The IMF and the Next Crisis The IMF has issued a warning that “increasing financial market turbulence and falling asset prices” are weakening the global economy, which already faces headwinds due to the “…modest recovery in advanced economies, China’s rebalancing, the weaker-than-expected growth impact from lower oil prices, and generally diminished growth […]
Protests have always been a part of America and this one at the Malheur National Wildlife Refuge appears to be no different. Violence and the taking of life when it does not have to occur has also played a part in the protests. It was no different at Malheur National Wildlife Refuge. In the past […]
In the Comments thread today to my post yesterday titled “Clinton Announces When She Will Disclose Her Healthcare Insurance Improvement Plan: She’ll announce it just as soon as the Republican presidential candidates tell us theirs,” reader Urban Legend wrote, as part of a several-paragraph comment: While a single payer plan is superior in theory — […]
The debate between Gerald Friedman and the economics profession seems to be settled — Friedman agrees that he may have made a mistake. It is really unfair to him that preliminary unpublished analysis received so much attention (mostly from the Sanders campaign). Oh and it is unfair to them to expect them to ignore favorable […]
In May of 2015, I wrote about the relationship between Labor Share and Unemployment. The post basically said that lower labor share translated into a higher limit upon unemployment. Here is the original graph from that post… In the post, I wrote… “The graph implies that as labor share falls, labor is less inclined to […]