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Created
Wed, 13/09/2023 - 20:00

Jeffrey Zients recused himself from dealings with his brother-in-law’s company, which is backed by the U.S. and a key player in green energy projects around the globe.

The post White House Chief of Staff’s Wealth and Connections Collide With Biden’s Clean Energy Strategy appeared first on The Intercept.

Created
Wed, 13/09/2023 - 19:54
The remarkable story behind the disciplining of a major charity shows how power really works. By George Monbiot, published in the Guardian 8th September 2023 Economic power seldom needs to discipline those who might challenge it. Most of the time, they do it to themselves. However extreme the ideologies promoted by corporations and oligarchs, organisational […]
Created
Wed, 13/09/2023 - 19:27
Kevin Lewis points us to this recent paper, “Can invasive species lead to sedentary behavior? The time use and obesity impacts of a forest-attacking pest,” published in Elsevier’s Journal of Environmental Economics and Management, which has the following abstract: “Invasive species can significantly disrupt environmental quality and flows of ecosystem services and we are still […]
Created
Wed, 13/09/2023 - 18:00
Álvaro Fernández-Gallardo, Simon Lloyd and Ed Manuel Since the 2007–09 Global Financial Crisis, central banks have developed a range of macroprudential policies (‘macropru’) to address fault lines in the financial system. A key aim of macropru is to reduce ‘left-tail risks‘ – ie, minimise the probability and severity of future economic crises. However, building this … Continue reading The transmission of macroprudential policy in the tails
Created
Wed, 13/09/2023 - 16:50
The dominance of micro-founded macroeconomic models—models derived directly from the microeconomic concepts of utility-maximizing individuals and profit-maximizing firms, and based on the Ramsey Neoclassical growth model (Ramsey 1928)—did not go unchallenged prior to the Global Financial Crisis. But the critics were treated in the time-honoured Neoclassical way, of being both ignored and disparaged—if they were, … Continue reading "Soul-searching by a soulless discipline"
Created
Wed, 13/09/2023 - 15:50
Two items this Wednesday before the music segment. First, we saw the stark ideology of the elites on full display in Sydney yesterday with a property developer demanding the government increase unemployment by 40-50 per cent to show the workers that the employer is boss and redistribute more national income back to profits. For anyone…
Created
Wed, 13/09/2023 - 08:30
Josh Marshall has a smart column on the right’s attempt to jettison the phrase “pro-life” because it’s toxic.(As a twitter wag quipped, “when ‘pro-life’ is a losing slogan for you, you’ve got bigger problems.”) Marshall points out just how thoroughly the anti-abortion movement has been pushed back on its heels: It now seems clear that the only thing that will be at all memorable about the GOP’s first presidential debate of the 2024 cycle on August 23rd will be that brief speech from Mike Pence in which he staked his campaign on his bible-rooted, evangelical, pro-life record and endorsed a 15-week national ban. I remember finding it stunning in the moment. Kate Riga took it up the next day. The U.S. doesn’t keep perfect data on abortion care in the United States. The most readily available numbers look at the number of abortions on or before the 13th week (91.1%) and 21st week (98.7%). Even this anti-abortion rights group says that 6% of abortions take place on or after week 15, for instance.
Created
Wed, 13/09/2023 - 07:00
You’ve probably already heard about the Ukraine/Russia controversy surrounding Walter Isaacson’s new book about Elon Musk. (If not, you can click this link.) But there’s a lot more in the book apparently, which is discussed here in this piece by Matt Pearce in the LA Times: Musk is already one of the most well-known and extensively covered leaders in American corporate life (and one of its most unavoidable figures on the service he has renamed X). Isaacson’s biography is a Musk agonistes: a portrait of a (largely) self-made, emotionally volatile entrepreneur from South Africa who has a tortured relationship with his father and an addiction to crises of the self-inflicted variety.