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Created
Fri, 03/02/2023 - 13:20

Nice troll of the dumb ZH monetarists… 

Revolver people:

It is the empirical fact of apparently lucrative borrowing in one’s own currency over the last thirty years that underlies the Biden administration’s confident experiments in fiscal irresponsibility. If you talk to intelligent economists who endorse “Modern Monetary Theory,” you often find that it boils down to the above fact and does not contribute a single new insight that would justify the Biden administration’s recent fiscal choices. Nonetheless, unemployment is falling, real wages are only falling slowly, and the U.S. appears in no risk of a depreciation-driven debt crisis).


Created
Fri, 03/02/2023 - 12:22
Warning bell for Starmer as Labour falls even further behind Greens and LibDems in Hotwells and Harbourside The Greens became the biggest party on Bristol City Council on Thursday night after taking Hotwells and Harbourside from the LibDems in a by-election. The party may soon run the council when the mayoral post is abolished next […]
Created
Fri, 03/02/2023 - 12:00
Sure, this is fine: A federal law that prohibits people subject to domestic violence restraining orders from possessing firearms is unconstitutional, a conservative-leaning appeals court ruled Thursday. The ruling is the latest significant decision dismantling a gun restriction in the wake of the Supreme Court’s expansion of Second Amendment rights last year in the New York State Rifle & Pistol Association, Inc. v. Bruen decision. The 5th US Circuit Court of Appeals said that the federal law targeting those believed to pose a domestic violence threat could not stand under the Bruen test, which requires that gun laws have a historical analogy to the firearm regulations in place at the time of the Constitution’s framing. “Through that lens, we conclude that (the law’s) ban on possession of firearms is an ‘outlier’ that our ancestors would never have accepted,” the 5th Circuit said. The court’s opinion was written by Judge Cory Todd Wilson, who was appointed by former President Donald Trump.
Created
Fri, 03/02/2023 - 09:03

Alex Thaler, the CEO of the software platform Iconik, and Iconik advisor Adam Cummings discuss how the platform helps shareholders create personalized voting profiles for shareholder meetings, allowing them to increase their influence over companies and give management a clearer awareness of investor goals without abrupt and embarrassing conflict.


Iconik website: https://www.iconikapp.com/

Transcript

Rob Johnson:

Welcome to economics and beyond. I'm Rob Johnson, president of the Institute for New Economic Thinking.

Created
Fri, 03/02/2023 - 09:00
I know I’m probably paying way to much attention to Tucker Carlson lately but he’s an especially dangerous force in our politics and half the time he’s an Orbanesque white nationalist and the rest of the time he’s just nuts. I don’t know quite what to make of it but I feel instinctively that we shouldn’t look away. There’s something going on here and it’s not good. Philip Bump looked at the numbers and it’s worth taking note: In the right-wing media universe, the 500-pound gorilla is now and has long been Fox News. There have been challengers, certainly, including some robust ones. Breitbart’s effectiveness in pulling rhetoric from the fringe into the mainstream conversation about a decade ago, for example, and cable news start-ups like One America and Newsmax more recently. But Fox News has weathered such challenges through co-option, heft, institutional support and combinations of the three. So, when Republicans are asked where they get their news, they are most likely to say Fox. And within the Fox News universe, the 500-pound gorilla is Tucker Carlson.