Debt Ceiling Arm Wrestling Targets Ukraine Spending | naked capitalism
The US again is going through its debt ceiling ritual, although there are a few variants on established themes. Rest assured, there will be no voluntary default. As a currency…
Pests: Of Squirrels and Deer and Other Beasts of Burden | naked capitalism
Yves here. Urban dwellers due to their limited contact with nature, are less afflicted by animal nuisances, with rats and pigeons as exceptions. However, given that focus, this post omits…
Viewing Ukraine Through the Davos Lens | naked capitalism
I’m sure everyone’s a bit Davos’d out, but as I read the WEF and Ukraine news this week, I couldn’t help but connect the WEF ideology to Europe’s self-immolation. It’s also…
An Ancient Recipe for Social Success | naked capitalism
Conor here: The conclusions from this reexamination of societies based in and around Monte Albán seem especially relevant for us today: “Collective action and localized economic production are a recipe…
Reuters reveals fall in India nominal GDP growth in FY24 to challenge fiscal math – Reuters News Agency
Economy 09 January 2023, 6:22 pm. 1 minute By Reuters News Agency Reuters shed light on how India’s nominal GDP growth is likely to fall in 2023-24, hurting tax collections…
Links 1/21/2023 | naked capitalism
Hunting for future-proof marine plants in the acidic waters bathing a volcano Monga Bay All hail, ‘Toadzilla’: Giant toad in Australia could be world’s largest WaPo Things are looking up…
Davos Elite Won’t Tackle Climate Crisis and Global Inequalities | naked capitalism
Yves here. Readers may regard the title as “dog bites man,” but our supposed betters expect to be treated with a great deal of deference. That includes not having Davos…
Google’s Stock Climbed After It Fired 12,000 Employees—But What Did They Get Out of It? | naked capitalism
Yves here. We were far from alone in saying that having the Fed try to tackle this inflation using its blunt tool of interest rates, was destined to whack workers…
Monopsony in Professional Labor Markets: Hospital System Concentration and Nurse Wage Growth | naked capitalism
Yves here. If you doubt that monopsony, as in concentrated buyers pushing down prices works, look no further than the successful Department of Justice lawsuit against tech titans like Apple,…
How Young People Are Saving Money in a Challenging Economy
Young people want to save for their futures, but balancing priorities has proved challenging during a time of economic instability.