Category Archives: science

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

Of the idiocy of turning algorithms into law

Lambert is writing at Naked Capitalism about Algorithmic Regulation, “Code is Law,” and the Case of Ferguson. It’s a good deconstruction and should definitely be read but I had my facepalm-moment at the start of the piece when he quotes … Continue reading

Posted in belief systems, machine learning and data mining, techno utopianism | 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

The vegan myth of a B12 Eden

I am currently in the process of transitioning to a vegan life style. My reasons are ethical and environmental and those reasons have firmed themselves due to the advocacy of my wife. Nutrition-wise there’s almost no problem with being vegan: … Continue reading

Posted in environmental sustainability, evolution, pseudo-science | Leave a comment

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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“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

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