My latest cartoon for Politico today:
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Otmar Issing can look back on a long and consequential central banking career. Even in his retirement he is still living the part, evaluating whether his successors at the European Central Bank are pursuing stability-oriented monetary policies to his liking. His most recent critique (“‘Living in a fantasy’: euro’s founding father rebukes ECB over inflation […]
More than a decade after the 2009 crisis, the standards of living of the Greek population are still contracting and the prospects are gloomy. In this policy note, Vlassis Missos, Research Associate Nikolaos Rodousakis, and George Soklis deal with how to approach the measurement of income loss and poverty in Greece and argue for the use of household disposable income (HDI) in estimating adjustments, which offers a more accurate appreciation of the burden falling on the Greek population.
This update is to let you know about a new essay that’s now online in in-press form: “Differential Perspectives: Epistemic Disconnects Surrounding the US Census Bureau’s Use of Differential Privacy.” Click here to read the full essay. When the U.S. Census Bureau announced its intention to modernize its disclosure avoidance procedures for the 2020 Census, it sparked […]
One of my lesser-known, early-career gigs in the 1990s was serving as editorial cartoonist for High Times magazine. Looking back, it’s amazing to think how much has changed in terms of marijuana laws, medical or otherwise. Here’s a cartoon of mine from back in the day, which can be sung to the tune of Bob Dylan’s “Rainy Day Women #12 & 35” (ie “Everybody Must Get Stoned”). Happy 420 to all who choose to partake!
My latest for the Village Voice.
Bond yields are an important economic indicator for investors, even those who don’t invest in bonds.
This election will be won by the Coalition and Prime Minister Scott Morrison if the economic models perform as expected – and they usually do.
A model refined in 2000 by then Melbourne University economists Lisa Cameron and Mark Crosby found that most federal election results in records going back to 1901 can be predicted pretty well by just two economic indicators.
And they are not the indicators that might be expected.
Canada’s 2022 federal budget had a very strong housing focus. I’ve written a ‘top 10’ overview of the budget here: https://nickfalvo.ca/canadas-2022-federal-budget-was-a-housing-budget/
Clinging to the assumption that only dictatorships start military conflicts, proponents of democratization believed that the global success of their project would usher in a world without war. But this theory lacks a sound foundation and has produced one disaster after another when put into practice.
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Since 2018 Russia has had an alternative payment clause in its Eurobond contracts that allows it to pay principal and interest in Roubles
A first look at Doctor Who’s feature-length Centenary special, and Jodie Whittaker’s final episode, has revealed the return of the Doctor’s biggest adversary – The Master (Sacha Dhawan), who last appeared in series 12’s final episode The Timeless Children.
And for the first time since the show returned to BBC One in 2005, The Master, the Daleks and the Cybermen will all feature in one single story.
Ever find yourself lapsing into lines from a Beatles film or song in the course of everyday conversation? Turning up the radio for a particular bit of harmony? Almost 28 years ago, Bill King and Al Sussman (with a hand … Continue reading
Fans of this website will perhaps remember a certain house from the “worst of suburban Illinois” post. I’m here to alert you to the fact that the interior of said house may in fact be the pinnacle of what has been dubbed by my colleague Cocaine Decor as “Cocaine Decor.” This 1990 house has lived rent free in my brain for a while, and now it will live rent free in all of yours. It sits at $1.1 million USD and precisely 10,000 square feet, each of which exists in ignorance of the Light of God.
Remember her? I wish I didn’t. Anyway.
Starting from the seminal works of Wynne Godley (1999; Godley and Lavoie 2005, 2007a, 2007b), the literature adopting stock-flow consistent (SFC) models for two or more countries has been flourishing, showing that consistently taking into account real and financial markets of two open economies will generate different results with respect to more traditional open economy models. However, few contributions, if any, have modeled two regions in the same country, and our paper aims at filling this gap.
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The post The Case Against Homework appeared first on Alfie Kohn.
I guess it’s appropriate that we can’t agree on what the brain worms metaphor’s original vehicle actually is. In his description of the Internet culture term, Max Read claims, reasonably, that the originals are maybe like tapeworms or toxoplasma. But I always think about the Ceti Eel in Wrath of Khan (but then, I’m always thinking of Wrath of Khan, especially, these […]
"Only Murders In The Building" has been nominated for a Peabody Award. The 30 winners of the 82nd annual Peabody Awards will be named during a multi-day virtual celebration from June 6 - June 9.
From parenting pauses to television show tweeting, three economists talked about how interests outside a particular focus helped with their careers.
When Labor leader Anthony Albanese couldn’t say whether the unemployment rate was 5% or 4% on Monday, he might have had a point.
It’s 4%. But for a decade – the entire decade leading up to COVID – it never strayed too far from five-point-something per cent.
Melbourne University labour market specialist Jeff Borland points out that in March 2010, Australia’s unemployment rate was 5.4%. Ten years later, before COVID changed things in March 2020, it was 5.3%.