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Sat, 28/12/2024 - 06:19
. Starta Pressarna bad yours truly besvara några av de vanligaste frågorna de får skickade till sig. Vad är Lafferkurvan? Finns det en jämviktsarbetslöshet? Stämmer ‘Hästskitsteoremet?, m. m., m. m. I veckans avsnitt diskuterar — och kritiserar — yours truly tillsammans med  Daniel Suhonen begrepp och antaganden som ofta används inom nationalekonomi och ekonomisk politik.
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Sat, 28/12/2024 - 05:30
If you have time to read one long story today, I recommend this one about the South Korea coup attempt in the Washington Post. I’m including a gift link so you can read the whole thing. Let’s just say the echoes are deafening: Piecing together their accounts shows that Yoon’s plan had probably been months in the making and that he intended to use martial law to target political opponents and pursue baseless election fraud claims — a much more extensive agenda than he has claim […] There was Yoon’s increasingly sharp rhetoric about his opponents. Then came the surprise appointment of his friend as defense minister. Then that minister surrounded himself with loyalists at the top of the chain of command. It seemed as if something as extreme as martial law could be in the works, said Park, formerly the nation’s deputy intelligence chief. “We knew they were an extremely right-wing force, and they would do things we cannot imagine,” he said.
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Sat, 28/12/2024 - 04:59
The Donald Trump-JD Vance victory marks a repudiation of the post-Cold War neoconservative Washington playbook of militarised responses to foreign policy challenges. Tulsi Gabbard, the director of National Intelligence-designate, shares their anxiety over America’s addiction to intervening in foreign conflicts not of vital interest to the US, whose net effect has been to destabilise countries Continue reading »
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Sat, 28/12/2024 - 04:58
The sweetest words in the English language: I told you so. A repost from Mar, 16, 2024 French submarines, the first of which were scheduled for delivery in 2034 under a $90bn program with France’s Naval Group – before the contract was ripped up by the Morrison government – were lethal and affordable. Now we Continue reading »
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Sat, 28/12/2024 - 04:58
Benjamin Netanyahu will not travel to Poland next month for the main ceremony marking the 80th anniversary of the liberation of the Auschwitz death camp, over concern that he could be arrested on the basis of the warrant issued against him by the International Criminal Court in The Hague. This bitter and not-so-subtle irony of Continue reading »
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Sat, 28/12/2024 - 04:56
In 2024 Democracy narrowly won the prelim on points. Now for the main bout. Its battlespace is the human mind where the contestants are truth and fantasy. If fantasy wins, our species will be decimated, our planet in danger of joining the dead worlds of useless gas and rock we glimpse in the universe around Continue reading »
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Sat, 28/12/2024 - 04:52
The last American Ambassador to Iran was William Sullivan, a debonair silver-haired Irish-American with much wisdom and diplomatic experience. If President Jimmy Carter and Secretary of State Cyrus Vance had followed his advice, Iran would probably not be US enemy number one as it is today. Maybe even an ally. Sullivan got the summons to Continue reading »
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Sat, 28/12/2024 - 04:51
“That which can be destroyed by the truth, should be.” This is a line by fantasy author PC Hodgell, though it’s often misattributed to Carl Sagan. I think about this quote a lot. I think about it when reflecting on the way Israel is exterminating Palestinian journalists in Gaza while keeping western journalists out of Continue reading »
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Sat, 28/12/2024 - 04:00
You love to see it I wrote a bit about this yesterday so there’s no need to go into detail. (If you want it, just check into Twitter today…) But the little brouhaha did open the eyes of some of the MAGA folk who now realize that Musk has no respect or regard for them, is in it for himself, and his “free speech” yammering is all BS. Imagine that. I think one of the sleeper hit sideshows of this next year is going to be MAGA on MAGA infighting. We’re seeing it here on social media and we’ve already seen it in the US Congress. Democrats are impotent and these people aren’t alive unless they’re going after someone so it stands to reason they’d start eating their own. I suppose Dear Leader could do something. Unfortunately: Buy popcorn futures.
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Sat, 28/12/2024 - 02:30
The ballot counting is over but not the litigation Welcome to the Great State of North Carolina (ProPublica): Months before voters went to the polls in November, a group of election skeptics based in North Carolina gathered on a call and discussed what actions to take if they doubted any of the results. One of the ideas they floated: try to get the courts or state election board to throw out hundreds of thousands of ballots cast by voters whose registrations are missing a driver’s license number and the last four digits of a Social Security number. But that idea was resisted by two activists on the call, including the leader of the North Carolina chapter of the Election Integrity Network. The data was missing not because voters had done something wrong but largely as a result of an administrative error by the state. The leader said the idea was “voter suppression” and “100%” certain to fail in the courts, according to a recording of the July call obtained by ProPublica.
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Sat, 28/12/2024 - 01:00
A Boxing Day survey of storm devastation off the beaten path Ridgetops look like they’ve been bombed. Riverbeds are scoured, banks ripped open and lined with trash. Trees that once obscured the views are uprooted, toppled and lying in ranks. You’ve likely seen post-Helene images from western North Carolina. Many are of the River Arts District in Asheville and of devastation in nearby Swannanoa to the east. The Washington Post this week profiled Swannanoa flood victims from a row of mill houses left over from the days of the Beacon blanket factory, long gone. A month ago, I told readers the region was out of the news but not out of the woods. That’s still true. Except on Boxing Day I surveyed some of the worst damage myself for the first time and came home stricken. The photos cannot convey the impact of the storm where news crews don’t go. The bottom fell out of the sky on Sept. 25, two days before the remnants of Hurricane Helene even reached WNC. The rainfall was torrential and the ground saturation thorough.
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Sat, 28/12/2024 - 00:19
En statlig utredning ledd av John Hassler, professor i nationalekonomi, vill också att amorteringskraven ska lättas. “De regler vi har idag minskar efterfrågan på bostäder. Om regeringen släpper något på reglerna, sả kommer efterfrågan att öka”, sade Hassler till Svenska Dagbladet. Vad skulle följden av dessa åtgärder bli? En inte alltför djärv gissning är att […]
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Fri, 27/12/2024 - 23:52
The Fall Of Europe

Even before election, Trump is roaring. Screams of taking over the Panama Canal, Canada and Greenland. Promises of tariffs on, essentially, everyone. Lots of domestic threats about immigrants and going after Democratic politicians. At the same time his proxies, like Musk, muse on slashing Social Security and Medicare.

Europe’s in particularly tentative position: threats of tariffs and forcing Europe to spend more of its money on defense, by which Trump means “buying more US weapons.”

Western Europe has been an American satrapy since WWII. The Americans invaded and never left, and have had the Euros under the economic thumb the entire time. When necessary they have overthrown governments and they have every politician of note under surveillance.

Eastern Europe fell under the thumb after the collapse of the USSR and were, mostly, happy to do so.