Category Archives: economic policy

Jacobin both good and bad

I guess that I should really get a subscription, given how often I read JacobinMag nowadays. This morning, for instance, I read a piece where they point towards the role of the Netherlands as vanguard of everything that’s wrong in … Continue reading

Posted in belief systems, deficit spending, developed countries, health care policy, human rights, MMT, public debt | Leave a comment

From faulty premises

I assume that Vinod Khosla is a smart man. According to the byline under his recent Forbes piece titled “The Next Technology Revolution Will Drive Abundance And Income Disparity” notes that Vinod Khosla co-founded Sun Microsystems and is the founder … Continue reading

Posted in belief systems, economic policy, standards of living, techno utopianism, technology assessment, wealth distribution | Leave a comment

Taxing consumers reduces growth – still!

So, the Japanese prime minister Abe proposed a bastard-Keynesian program for getting Japan out of its stagflation, nick-named Abenomics. But because he still effectively thinks neo-liberally, the program included a consumption tax increase to “balance the budget” (while at the … Continue reading

Posted in austerity, belief systems, economic policy, macroeconomics, MMT, neo-liberalism | Leave a comment

We’re reduced to liberals vs conservatives again

Ars Technica reports that the Pentagon will move Chelsea Manning and start hormone treatment: Formerly known as Bradley Manning, the private was court-martialed last year and sentenced to 35 years for forwarding a cache of classified documents to WikiLeaks. After … Continue reading

Posted in "free trade", developed countries, gender | 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

Social Democrats – Gluttons for Punishment?

Sooooo, François Hollande ran on a left-of-center platform, promising raised taxes on very high incomes, increased public spending, stuff like this. He then proceeded to not do any of these things, because this would have meant confrontation with eurozone austerians, … Continue reading

Posted in democracy, economic policy, election campaign, eurocrisis | Leave a comment

Winners and Losers of “Free Trade”

NC has reposted a piece by Don Quijones about free trade and its repercussions. In light of the bullshit spouted about the current attempts at sharpening IP regulations, and weakening democracy in the fact of profit, it helps to time … Continue reading

Posted in "free trade", geostrategy, GMOs, standards of living | Leave a comment