Equality and Equity | naked capitalism
Yves here. I must say I like seeing Matt Breunig patiently and clearly unpack issues of terminology and usage, since they regularly incorporate hidden assumptions that can’t be easily picked…
Links 3/7/2023 | naked capitalism
The Stoned Ape Theory: the wild idea that psychedelics shaped the evolution of humans ZME Science (Furzy Mouse). Original from Agricicultural Economics. Toothed whales catch food in the deep using…
Wall Street Journal: “US Is Not Yet Ready for Great Power Conflict” Yet Still Plots Against China | naked capitalism
A vivid scene came in my first year Harvard MBA course, Business, Government and the International Economy, taught in my section by George C. Lodge, son of Henry Cabot Lodge,…
Mexico’s President AMLO Floats Plan to Form Anti-Inflation Alliance in Latin America | naked capitalism
“We are going to carry out an anti-inflation plan of mutual aid for growth, for commercial and economic exchange with Latin American countries.” As US lawmakers, both current and former,…
Debt Default Would Cripple U.S. Economy, New Analysis Warns
WASHINGTON — The U.S. economy could quickly shed a million jobs and fall into recession if lawmakers fail to raise the nation’s borrowing limit before the federal government exhausts its…
Why Student Debt Cancellation Is Reasonable, Not Radical | naked capitalism
Yves here. As sometimes happens, yours truly will beg to differ with the premise of a post. The problem is any debt cancellation scheme will not be fair. There will…
2:00PM Water Cooler 3/6/2023 | naked capitalism
By Lambert Strether of Corrente. Bird Song of the Day American Robin, Tetlin National Wildlife Refuge; Deadman Lake, Alaska, United States. “Song.” Spring approaches. Politics “But what is government itself,…
Coups, Chaos, and the Crumbling of the Francafique: the Widening War between East and West in Africa’s Sahel | naked capitalism
Following his election in 2017, French President Emmanuel Macron said he wanted to reset relations with francophone Africa based on a “partnership of equals.” If anyone has been doing so,…
America’s Chips War With China: Another Sanctions Backfire Coming? | naked capitalism
The US is trying to hold its high ground of dominance of the semiconductor industry via export restrictions and subsidies to increased domestic manufacturing, notably via the Chips Act. Yet…
Wolf Richter: US Natural Gas Production Surges to Record in 2022, Up 33% from 2017. LNG Exports Hit Record Despite Freeport Terminal Shutdown | naked capitalism
Conor here: As the following piece demonstrates, it sure is convenient for US natural gas production that Russia and Europe have been severed and someone blew up those Nord Stream…