Scientists have concluded a few years ago the Earth has entered a new climate state. This is one not seen in more than 100,000 years. Read elsewhere, that conclusion was part of a climate assessment report published by the Intergovernmental Panel on Climate Change (IPCC) in 2021. In 2024, we are threading in new temperature events which […]
Coincident real GDP metric is good, but leading indicators from the GDP report are not: is the Fed listening? – by New Deal democrat Real GDP grew 0.7% in Q2, or a 2.8% annualized rate, a perfectly good number in line with the past three years: Probably even more importantly, the GDP deflator increased 0.6% […]
by Gregg Colburn and Clayton Page Aldern Homelessness is a housing problem Somewhat of a writeup on homelessness using a review and the author’s introduction to the economic problem. Amazon published review of the book, “Homelessness Is a Housing Problem.” Authors Gregg Colburn and Clayton Page Aldern seek to explain the substantial regional variation in […]
Who gets the money? Follow the assets. by Steve Roth Originally Published at Wealth Economics This post by Judd Legum at Popular Information (read and subscribe!) prompts me to revisit the issue of share buybacks. This passage in particular: It seems eye-popping. But is it? Even (especially?) finance and econ types don’t really understand buybacks from a […]
Jobless claims hold their ground against the most challenging comparisons of last summer – by New Deal democrat This week completed the most challenging YoY comparisons with last summer. Recall that I suspect there may be some unresolved post-pandemic seasonality in these numbers, as this year’s increase starting in late spring has been close to […]
It appears people will argue the economic and social positives of the different political parties over periods of time. They probably are different. So, EPI has managed to chart the differences. What the first four charts do is detail the differences between the two parties over two different time periods. One time period staring in […]
Here is the campaign speech Harris delivered in Wisconsin. It’s good: short, to the point, and upbeat. She hits on the right issues: Trump is a criminal, abortion, economic opportunity, Republicans cannot be trusted with Social Security and Medicare, etc. A patriotic framing that emphasizes that the United States is a great country could help […]
by Tom Walker Econospeak Book proposal: Marx’s Fetters and the Realm of Freedom: a remedial reading — part 2.1 Karl Marx’s preface to A Contribution to the Critique of Political Economy contains the best-known description of his theory of history. At some point contradiction between the relations of production and the forces of production become fetters on […]
Four Climate and Decarbonization Commentaries by Professor Joel Eissenberg A collection of Joel Eissenberg’s posts. Read only. 1. Geoengineering and the global climate crisis – Angry Bear Global heating continues unabated. While decarbonizing our energy sources is certainly important, it is too late to prevent global disaster. 2. Why do we need carbon capture? – […]
I lived in Michigan for twenty-something years in the district Mike was our House Representative (8th Congressional District). Mike was mediocre at best and followed the Republican line. Republicans controlled the House and the Senate and the Governorship the majority of the time. Michigan lost approximately 800,000 jobs during that time as well as industry. […]