UPDATE: CNBC has called the Greek election; the “No’s” have won. Greek voters resoundingly rejected the European Union’s austerity demands in a referendum today, with “No” winning by 61.3%-38.7% with all the votes counted. That means Greece’s socialist gove[...]
Posts Tagged ‘Economics’
BREAKING NEWS: Obama Plays Chess, Wins!
(HUFF POST) WASHINGTON — House Minority Leader Nancy Pelosi (D-Calif.) waved the white flag on Wednesday, telling her caucus she would support passage of a key measure tethered to President Barack Obama’s broader trade agenda. Her support all but guarantees that the measure will succeed,[...]
May 29th, 2015 - 12:08 pm § in Politics
The “right” to work for lower wages
“It may benefit employers not to negotiate with employees and to pay less, but that’s different from saying this is going to help a state’s economic development.” — Gordon Lafer, University of Oregon economist Republicans tout anti-union laws as a way to attract busine[...]
May 18th, 2015 - 8:52 am § in Misc.
A feeble ray of optimism for capitalism
Post by Harrison: (please respond on TA as this author does not follow FB) OK. Let’s give capitalism its due. When immediate costs .. not counting the externalized ones .. command it, old technologies are replaced by new ones, rather quickly. As when cheap oil from Saudi Arabia replace[...]
May 13th, 2015 - 11:08 am § in Politics, The Ave Scene
Of Sawant and Apartheid: Electing a City Council in Seattle
At a Black church, there were not more than a dozen or so Black faces. Last night we went to the Mt. Zion Baptist Church to hear the “debate” between candidates for Seattle City Council from this District. The event struck me as a tribute to Apartheid and Demagoguery. Seattle’s a[...]
May 1st, 2015 - 1:06 am § in America
A Primer on Economics
Chad Lupkes: Economic Theory: The Terms of the Debate What we need is a better understanding of the terms of the debate. My intention here is to define what those terms are, explain where we are now, and where we want to be. I’ll also describe the directions that we could go that we don’[...]
April 22nd, 2015 - 8:00 am § in Misc.
US #1 .. in Child Poverty
The numbers are staggering: US is ‘world leader’ in child poverty[...]
March 27th, 2015 - 7:45 am § in America, The Ave Scene
APARTHEID IN WASTATE
Liberals and conservatives in WASTATE think this is a liberal state. Data like this, however, argue otherwise. It seems to me that the State and especially Seattle have effectively spread cosmetics over our problem by creating affluent, self satisfied mainstream communities while African Americans, [...]
February 28th, 2015 - 11:01 pm § in Politics
Book Review: Praising sweatshops
Out of Poverty: Sweatshops in the Global Economy, by Benjamin Powell (Cambridge University Press, 2014) Okay, I haven’t read it, I’ve only read the review in Barrons magazine, so this is really a review of a review. Benjamin Powell is a very conservative (actually libertarian) academic [...]
February 15th, 2015 - 9:42 pm § in Uncategorized
Is the U.S. heading for a recession?
Doesn’t look like it, so the GOP has to find some other issue for 2016. Benghazi? Measles? $2.50 gas? Maybe they’ll pillory her just for being Bill’s wife. [...]