Reading

Created
Sun, 08/01/2023 - 05:42
Times puff piece shows Shadow Chancellor pally with George Osborne – apparently she’ll take advice from anyone, as long as they’re not on the left A puff piece in the Murdoch Times – a good indication of just how far to the right Labour has gone under Keir Starmer – shows Shadow Chancellor Rachel Reeves […]
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Sun, 08/01/2023 - 05:30
Whatever. The only thing the bill does that actually counts financially is defining gold and silver as currencies rather than commodities, thereby "eliminating the state capital gains tax on gold and silver." Otherwise it confuses "money" as a token used in exchange with a currency as a unit of account functioning as the basis of an accounting system.

SchiffGold
Missouri Bill Would Take Steps Toward Treating Gold and Silver as Money
Created
Sun, 08/01/2023 - 05:12
  1. As has been reported, it will only take a single congressperson, acting in what is known as a Jeffersonian Motion, to move to remove the Speaker if he or she goes back on their word or policy agenda.
  2. A “Church” style committee will be convened to look into the weaponization of the FBI and other government organizations (presumably the CIA, the subject of the original Church Committee) against the American people.
  3. Term limits will be put up for a vote.
  4. Bills presented to Congress will be single subject, not omnibus with all the attendant earmarks, and there will be a 72-hour minimum period to read them.
  5. The Texas Border Plan will be put before Congress.
Created
Sun, 08/01/2023 - 04:56
What can we expect in 2023 about future human prospects? Will current threats to long-term human survival, continue to increase or will they begin to diminish as a consequence of responses to current threats?” We need governments everywhere to recognise the very serious threats that now face our species. There are now 8 billion humans Continue reading »
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Sun, 08/01/2023 - 04:54
It would not be an exaggeration to call Sir Donald Bradman, cricket’s most metronomic and gluttonous of batsman (runs wise), a counter revolutionary. On the surface, cricketers like to imagine themselves to be above politics and devotees of a game so complex it would lobotomise any darting political mind. In practice, cricket has invited the Continue reading »
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Sun, 08/01/2023 - 04:53
Stigma is an awful burden for business. But what if – for some companies – stigma is an asset? That’s what I and an international team of researchers set out to investigate in a new paper published in the Journal of Management Studies. We examined how consumers around the world responded to firms in stigmatised industries Continue reading »
Created
Sun, 08/01/2023 - 04:53
The GSCPI peaked at 4.3 standard deviations above its historical mean at the end of 2021, after which it declined substantially. The initial period of decline saw it drop to 2.8 by March 2022, after which it temporarily increased in April, primarily due to pandemic lockdowns in China and the Russia-Ukraine war. The GSCPI then experienced five consecutive months of declines, reaching a low of 0.9 in September. However, the past three months have witnessed a pause in the reversion to the historical average, with the index increasing by a total of 0.29 points in October and November before declining by 0.05 points last month, leaving the total three-month increase at about a quarter point. Synchronously, we have seen a worsening COVID situation in China. The goal of this post is to examine how much of the resurgent upward supply chain pressures can be attributed to China’s evolving policies in response to the current outbreak....
Liberty Street Economics — FRBNY
Global Supply Chain Pressure Index: The China Factor
Created
Sun, 08/01/2023 - 04:51
The Jan. 6 committee’s work investigating the Capitol insurrection has been incredibly impressive. Investigators have uncovered new and damning information about Donald Trump’s culpability in the violence of Jan. 6; they’ve reinvented the congressional hearing format to tell a dramatic story and grip the attention of a distractible public; and they’ve shown just how capable Continue reading »
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Sun, 08/01/2023 - 04:50
Middle East Eye analyses figures of record Israeli violence in 2022 in which the majority of victims were civilians, including children and journalists. Israeli forces have killed more Palestinians in the occupied West Bank in 2022 than they have in a single calendar year since the Second Intifada, according to data compiled by Middle East Eye. At least 220 people have Continue reading »
Created
Sun, 08/01/2023 - 03:51
What has always bothered me about the “experimentalist” school is the false sense of certainty it conveys. The basic idea is that if we have a “really good instrument” we can come up with “convincing” estimates of “causal effects” that are not “too sensitive to assumptions.” Elsewhere I have written  an extensive critique of this […]
Created
Sun, 08/01/2023 - 02:30

The New York Times had a major article reporting on how many people in South Korea, Hong Kong, and Japan are being forced to work well into their seventies because they lack sufficient income to retire. The piece presents this as a problem of aging societies, which will soon hit the United States and other […]

The post Contrary to What the NYT Tells You, the Problem in An Aging Society is Distribution appeared first on Center for Economic and Policy Research.

Created
Sun, 08/01/2023 - 02:30
Is the Obstruction of Justice Caucus Why is this unsurprising? Newly elected House Speaker Kevin McCarthy gave away the store he’s so desperate to manage. Here’s what CNN reports he promised GOP extremists in exchange for their votes: Kyle Cheney scrutinizes the proposed GOP bill to establish that Select Subcommittee on the Weaponization of the Federal Government. Those provisions did not appear in earlier versions, Cheney notes. Marcy Wheeler (emptywheel) adds, “A Jim Jordan drafted document allowing for the interference into ongoing criminal investigations is what got Scott Perry, Matt Gaetz, Paul Gosar, and Andy Biggs — all of whom sought pardons — to allow McCarthy to get a gavel.” “I would like it be presented as the scandal it is,” Wheeler continues. “But have very little hope in the competence or integrity of many congressional reporters.” I’m already looking for any deus ex machina than can spare the republic from the MAGA arsonists before the battle over raising the debt ceiling spawns a global financial crisis this fall. Jack Smith is one, possibly. Fulton Co., Ga.
Created
Sun, 08/01/2023 - 01:15
Left-wing president shows what can happen with political will to do what’s right for ordinary people New Brazilian president Lula da Silva is reversing the cuts to Brazil’s health programme imposed by right-wing former president Jair Bolsonaro. Da Silva, who won the presidential election at the end of October despite extensive right-wing attempts to rig […]