Yves here. This post is a more extensive assessment of the topic broached by KLG via e-mail and that I hoisted into a post. KLG described how proposed indirect overhead…
Yves here. Trump’s foreign policy, anchored in his extreme need to dominate other leaders and nation, is a particularly crude incarnation of good old fashioned imperialism. Yet he had to…
Yves here. KLG’s latest essay starts out with the history of how biology has been conceived (at least in part) as an engineering exercise, and how some simple real world…
Yves here. This post usefully addresses whether the cudgel Trump has used with such glee and abandon, that of threatening to impose big tariffs on countries from whom he wants…
Yves here. Wolf Richter explains that Treasury yields have clearly been saying that inflation is likely to get worse, particularly in the longer term. In-your-face reminders like egg shortages and…
By Lambert Strether. Lambert here: Glad I checked the Twitter before doing orts and scraps. It’s been a lively afternoon! –lambert Bird Song of the Day Brown Thrasher, Burlington–City View…
Yves here. We are hoisting an e-mail from KLG, which explains how the Musk/libertarian fanboy claim about the overhead components of NIH and NSF grants being excessive is in most…
Yves here. Tom Neuburger describes how Elizabeth Warren, who swore fealty to capitalism, found her tender faith to be misplaced. As most of you know, the Trump Administration is shuttering…
By Matthias Kaldorf, Research Economist Deutsche Bundesbank, and Matthias Rottner, an economist at the Monetary and Economic Department at the Bank for International Settlements. Originally published at VoxEU. Climate policies…
The caliber of discourse has degenerated at Naked Capitalism in the wake of Trump taking office and his multi-front attack on government operations and legal agreements, from trade pacts to…