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Created
Wed, 14/01/2026 - 02:06
As is well-known, New Classical economists have never accepted Keynes’s distinction between voluntary and involuntary unemployment. According to New Classical über-economist Robert Lucas, an unemployed worker can always instantaneously find some job. No matter how miserable the work options are, “one can always choose to accept them,” in Lucas’s view. This is, of course, only […]
Created
Tue, 13/01/2026 - 15:28

As deadly riots burn Iranian cities, Western media ignores the shocking wave of violence, turning instead to US government-funded NGOs for data. The one-sided portrayal has helped push Trump to the brink of authorizing renewed US attacks. Western media has ignored a growing trove of video evidence showing terrorist tactics deployed across Iran by protesters described by Amnesty International and Human Rights Watch as “largely peaceful.” Recent videos published both by Iranian state media and anti-government forces reveal public lynchings […]

The post Western media whitewashes deadly riots in Iran, relying on US govt-funded regime change NGOs first appeared on The Grayzone.

The post Western media whitewashes deadly riots in Iran, relying on US govt-funded regime change NGOs appeared first on The Grayzone.

Created
Tue, 13/01/2026 - 08:48
This is another case of Trump doing the right thing in theory. From Matt Stoller: Trump also issued an executive order to ban buybacks, dividends, and cap executive compensation for defense contractors. The rumor is that DOD deputy secretary Steve Feinberg complained about the unwillingness of the contractors to do competent work. Feinberg is a […]
Created
Tue, 13/01/2026 - 04:51
Alongside the mounting pile of elaborate theoretical models we see a fast-growing stock of equally intricate statistical tools … [M]ost modeltesting kits described in professional journals are internally consistent. However, like the economic models they are supposed to implement, the validity of these statistical tools depends itself on the acceptance of certain convenient assumptions pertaining […]
Created
Tue, 13/01/2026 - 03:04
For the last year or so, left-leaning UK voters have been subjected to the looming nightmare that Reform – a bunch of xenophobes and welfare-state-slashers – might form the next government. There has been very little silver lining to this. The one bit of schadenfreude to be gleaned is the impending annihilation of the Conservatives […]
Created
Mon, 12/01/2026 - 19:00
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January 12th, 2026: This comic wa

Created
Mon, 12/01/2026 - 17:27
I have closely followed the progress of India’s – Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) – since its inception on September 7, 2005. The scheme has been a major success in reducing rural poverty and providing income security to poor rural communities in India. It has also reduced the so-called ‘desperation migration’ from…