Michael Hudson explains how the IMF’s view of war debt is dangerously misguided and older economic thinkers had much better take.
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Friday, October 4, 2024
Michael Hudson: 18th Century Writers Understand Effects of War Debt Better Than IMF
Topics: Doomsday scenarios, Economic fundamentals, Guest Post, The dismal science
Posted by Yves Smith at 3:18 am | 29 Comments »
2:00PM Water Cooler 6/28/2024: Biden v. Trump Post-Match Analysis and Commentary
Today’s Water Cooler: Biden v. Trump and the Democrat succession crisis
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 204 Comments »
Biden Crashes, Trump Lies: A Campaign-Defining Presidential Debate
Yves here. The presidential debate last night is likely to go down as being of historical importance, in the same league as the Kennedy-Nixon debate. But here, instead of demonstrating how the then-young medium rewarded good looks and a confident affect, here it showed two men, which as often happens with the aged, having become […]
Topics: Banana republic, Doomsday scenarios, Guest Post, Media watch, Politics
Posted by Yves Smith at 10:13 am | 209 Comments »
Links 6/28/2024
Topics: Links
Posted by Lambert Strether at 6:58 am | 214 Comments »
Sifting Through the Debris of Another Failed Coup in Latin America
This was probably the shortest lived coup in Bolivia’s history. But who was behind it?
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 26 Comments »
After the European Elections: Fiscal Policy is the Elephant in the Room
Fiscal pressures are set to intensify battles among shifting European leadership groups as to how much to spend and on what.
Topics: Europe, Global warming, Guest Post, Income disparity, Macroeconomic policy, Politics, Social policy, Social values, The dismal science
Posted by Yves Smith at 5:55 am | 3 Comments »
Layoffs, Retirement, and Post-Pandemic Inflation
Finally, a look at how Covid-related early retirement has contributed to our recent inflation.
Topics: Dubious statistics, Economic fundamentals, Guest Post, Pandemic, The destruction of the middle class
Posted by Yves Smith at 5:35 am | 10 Comments »
Rumble in the Jungle: Biden v. Trump Presidential Debate Live Blog
Volatility is the central feature of this election, despite all efforts to keep things stable. It follows that the debate will be volatile.
Topics: Politics
Posted by Lambert Strether at 8:30 pm | 371 Comments »
2:00PM Water Cooler 6/27/2024
~ Today’s Water Cooler: Politics, Pandemics; The Debates, pre-game analysis; Murthy v. Missouri; Digital ID exposure debacle; CDK auto dealer outage and consumer spending ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 54 Comments »
Fear & Loathing on The Economist Subscription Trail
Satayjit Das’ penetrating and witty look at The Economist reveals a great deal not to like.
Topics: Free markets and their discontents, Guest Post, Media watch, Politics, Ridiculously obvious scams
Posted by Yves Smith at 10:36 am | 53 Comments »
Finance Healthcare, Not Insurance Premia
A new study finds that revenue-funded healthcare is cost-effective, efficient, and fair, while all health insurance has avoidable excess cost
Topics: Guest Post, Health care, Income disparity, Politics, Regulations and regulators, Social policy
Posted by Yves Smith at 9:55 am | 8 Comments »
Links 6/27/2024
Topics: Links
Posted by Lambert Strether at 6:55 am | 136 Comments »
Supreme Court Delivers Major Blow to Free Speech in Murthy v. Missouri Ruling
A very bad day for what passed for free speech in the US.
Topics: Legal, Media watch, Politics, Social policy, Technology and innovation
Posted by Yves Smith at 6:38 am | 56 Comments »
Ursula von der Leyen: Beyond Redemption
Sadly, Europeans look set to continue as victims of Ursula von der Leyen as European Commission president for another five years.
Topics: Banana republic, Europe, Guest Post, Legal, Politics
Posted by Yves Smith at 12:49 am | 59 Comments »
2:00PM Water Cooler 6/26/2024
~ Today’s Water Cooler: Politics, pandemics ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 96 Comments »