Monthly Archives: April 2014

Lots of salt need to be added to scientific results

As Ars Technica reports: Someone in a lab that studies pain perception noted that “Our laboratory personnel have reported anecdotally that pain behavior appears to be blunted while experimenters are present.” At some point, they decided to see if this … Continue reading

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Anthropogenic climate change is currently (almost) the root of all evil

Much of the book we use at my current level at the Alliance Française is about expressing opinions, supporting (or opposing) issues, etc. One of the topics was environmentalism, and one of the exercises consisted of discussing with course mates … Continue reading

Posted in anthropogenic climate change, environmental sustainability, neo-liberalism, standards of living | Leave a comment

The American dream is dead and rotting

New Economic Perspectives hits us with this: The Washington Post recently reported that Day Care now costs more—in 31 U.S. states—than a college education. In a fit of logic rarely exhibited in today’s journalism, the article explains that since it … Continue reading

Posted in developed countries, health care, neo-liberalism, standards of living | Leave a comment

Stratfor is worth a month of MSM coverage

Stratfor discusses the Eurozone crisis, and once more they manage to put more relevant information into a single of their reports than one will find if scouring the MSM for a month: Media reports to the contrary, Greece’s return to … Continue reading

Posted in austerity, Devaluation, economic policy, eurocrisis, hyperinflation | Leave a comment

“Animal spirits” still rule speculation

VoxEU offers academica macroeconomic analyses that are a bit more nuanced than the bleating in the MSM. But often this nuance is not very impressive. Currently, there’s write-up of a paper online, titled Watch the indices! Derivatives and the Eurozone … Continue reading

Posted in eurocrisis, macroeconomics, MMT, public debt | Leave a comment

Speculation theory vs practice

There are two nice posts up by Ben Strubel at New Economic Perspectives. He addresses commodity speculation. There’s currently quite a bit of discussion about this in Germany because food speculation, for instance, drives up prices and adds volatility. Strubel … Continue reading

Posted in Musings, stock markets | Leave a comment

The Eurocrisis concisely laid out

Jörg Bibow does a great job under the heading “On the alleged pains of the strong Euro. He discusses the current predicament: ECB president Mario Draghi recently argued that the strengthening of the euro was partly responsible for the bank’s … Continue reading

Posted in austerity, deflation, economic policy, eurocrisis, macroeconomics | Leave a comment

Valls engages in make-belief

So Valls is yet another one who proposes to square the circle: If one ignores for the moment that there is no empirical evidence at all that companies invest more if they pay lower taxes – quite contrary, at current … Continue reading

Posted in belief systems, macroeconomics, neo-liberalism | Leave a comment

Nothing worse than bad arguments for a good idea

Business Insider, which gives Steve Keen a platform and therefore, when in doubt, should be considered sensible, has felt the need to publish a piece “Why we still need French” (a while back). This in reaction to an NYT piece … Continue reading

Posted in developed countries, media | Leave a comment

Labeling regime destabilization “foreign aid”

USAID, which carries the “aid” in its name and which describes itself in the following manner: “USAID is a development agency, not an intelligence agency, and we work all over the world to help people exercise their fundamental rights and … Continue reading

Posted in geostrategy, health care, media | Leave a comment