Reading

Created
Sat, 06/09/2025 - 06:00
I do these occasional posts about science papers.  Some are just for fun.  But sometimes — honest! — there’s an underlying connection to the greater Crooked Timber project. This post is one of that sort, because it’s about the limits of understanding.  Unsurprisingly, it involves biology.  So we all learned back in high school that […]
Created
Thu, 04/09/2025 - 18:00
Rhiannon Sowerbutts The Bank of England Agenda for Research (BEAR) sets the key areas for new research at the Bank over the coming years. This post is an example of issues considered under the Financial System Theme which focuses on the shifting landscape and new risks confronting financial policymakers. Institutions matter. And in the world … Continue reading Regulatory independence and financial stability
Created
Thu, 04/09/2025 - 13:08
Someone asked me to back up my claim that since 1976 China has lifted more humans out of poverty than all of nations combined in the entirety of human history. Since it would be hard to go back to Greek and Persian times I made an executive choice (capricious no doubt) to begin with the […]
Created
Thu, 04/09/2025 - 11:08
I don’t have much time today as I am travelling a lot in the next few days for various work commitments. But recently I did a podcast for Real Progressives in the US about trade and the external economy. I started the discussion with an interesting quote that I will reproduce here. Regular readers will…
Created
Thu, 04/09/2025 - 08:35

Amid the US refusal to provide military support to Nigeria in its fight against Boko Haram in 2014, then-President Jonathan Goodluck turned to Russia and China for arms. New documents show that all the while, British state media was engaged in an influence campaign which would help see the African nation’s leader ousted. This article was originally published by West Africa Weekly. An explosive investigation by The Grayzone has revealed that BBC Media Action, which portrays itself as the “charitable” […]

The post UK funded radio show to sway Nigerian voters, leaked docs show first appeared on The Grayzone.

The post UK funded radio show to sway Nigerian voters, leaked docs show appeared first on The Grayzone.

Created
Thu, 04/09/2025 - 01:32
The methodological structure of mainstream economics often relies on axioms and theorems that are tautological by design, which severely limits their informational content. A prime example is modern expected utility theory. Its core weakness lies in the minimal constraints placed on individual preferences; this extreme flexibility allows the theory to be reconciled with virtually any […]