by Joseph Joyce 2020 “Globie”: The Carry Trade It is time to announce the recipient of this year’s “Globie”, i.e., the Globalization Book of the Year. The award gives me a chance to draw attention to a book that is particularly insightful about some aspect of globalization. This year’s winner is The Rise of Carry: The […]
Friday, November 20, 2020 3:00 PM (EST) Student Loan Debt Crisis Panelists include: PAUL GRONDAHL – Director New York State Writers Institute (host) MATT TAIBBI – Author, Rolling Stone Magazine, Reporter (moderator) Michael J. Camoin – Videos For Change Productions, SCARED TO DEBT (filmmaker) ALAN COLLINGE – Founder of StudentLoanJustice.Org (activist) CATHERINE AUSTIN FITT – […]
Dan here: I received this note from Spencer’s son Matt late afternoon yesterday. Thank you Matt for the note. I knew Spencer as an economist who had a fact-based analysis of industry trends and a direct and clear way of demonstrating and describing a point to the discussion for over a decade. 2011 provides an […]
These days, the nation, the world, is faced with the problem of how to distribute wealth, wealth that is being created using less and less labor input? How to distribute the profits from highly capitalized, highly automated, production? Unions, that had been much a part of the solution to the distribution problem in the early […]
by New Deal democrat Weekly Indicators for November 2 – 6 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. With the almost certain election of Joe Biden to the Presidency, we can expect a much more organized and effective Federal response to the pandemic beginning on January 20. If the pandemic is […]
October jobs report: extremely strong monthly gains overall, but at this rate still another 18 months from full jobs recovery HEADLINES: 638,000 million jobs gained. The gains since May total about 55% of the 22.1 million job losses in March and April. The alternate, and more volatile measure in the household report was 2,243,000 jobs […]
September housing construction and October manufacturing both on a tear It’s the first of the month, so we get the last laggard for September (construction spending) and the first read on October (ISM manufacturing). Both were very positive in their important components. While total construction spending was only up 0.3% from a downwardly revised August, […]
Steve Hutkins at Save The Post Office, October 31, 2020 This post was written in 2016 and slightly updated on Oct. 31, 2018, exactly two years ago today. The update started like this: According to this AP report today, alarms are already being raised about the rejection of many mail-in ballots in next week’s elections. […]
by New Deal democrat Weekly Indicators for October 26 – 30 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. Neither of the two constraints determining where the economy will go in the next few quarters are economic themselves. Rather, they are (1) the course of the pandemic, which will in turn be […]
Mark Jamison, Retired NC Postmaster at Save the Post Office, October 29, 2020 In forestry the practice of tree girdling is well known. Although there are some circumstances where this can be a useful practice, in most cases the technique is used for nefarious ends. Girdling involves removing the bark and layers below the bark, […]