by Mike Kimel Japan: The Post-WW2 Rise, the 1980s Peak, and the Decline – A Simple TheoryCross-posted at the Presimetrics blog. A lot has been written about the disaster in Japan. I don’t have much I can add to that, except that like everyone else (or at least everyone civilized), I am so very sorry […]
Simon Johnson offers pointed criticism of the role Timothy Geithner has played to date in the Great Recession and bank regulation, in particular as an advisor and architect to the Obama economic team and how that policy is presented and pursued in Congress. Another worthwhile read.
This week in 1861: March 18: Governor Sam Houston of Texas refuses to take oath of allegiance to Confederacy and is deposed.[214], ,Confederate Brigadier General Braxton Bragg prohibits further passage of supplies to Fort Pickens at Pensacola, Florida.[214][215] (ilsm)
Comments have gotten heated and way off base (not a political statement 🙂 if the goal is adding knowledge and a thorough critique of ideas that are presented. I will be taking a more active role in moderation. I think we had crossed a boundary somewhere along the line. The Brown-Johnston back and forth seemed […]
A recent ruling on countervailing duties and anti-dumping duties by the World Trade Organization:(bolding is mine) Senior Economist Ian Fletcher for the Coalition for a Prosperous America offers one point of view: The American position is that we are entitled to apply what are called “countervailing duties” against products that are subsidized by foreign governments. […]
Center for Business Public Policy’s Jeffrey Brown wrote a simple economic critique of David Cay Johnston’s (Tax.com) piece on pensions. David Cay Johnston dropped by with some lengthy comments and replies. Well worth reading the entire thing, especially the comments.
I give up. It was perfectly obvious what was happening at Fukushima on Saturday afternoon, when I posted bullet points at Skippy: there was going to be a major cleanup cost and the live reactors were not salvageable, but nothing fatal to many was loose in the atmosphere yet. Which is why I followed up […]
Yves Smith at Naked Capitalism points us to exploring how the pursuit of “efficiency”, for example in supply chains, without assessing what other risks are involved and planning ahead can result in major problems: It isn’t all that hard to understand that stressing efficiency at all cost comes at the expense of safety. Engineers will […]
by Linda Beale Audit rates for the rich increasing–about time crossposted with Ataxingmatter Note to readers: sorry for the long absence again–personal circumstances prevented my blogging for the last several weeks. I hope that I can again resume regular blogging now, but do apologize for the absence. The IRS recently released its 2010 Data Book, […]
David Zetland at Aguanomics offers this review of a topic that gets little national attention – the use of water between watershed areas, water rights, and how we value water to date at least in this area of the country. Use of water and policy on water use tends to be regionally and locally based, […]