Video: SARTRE Self-Driving Road Train Conducts First Test Motor Authority
Wage and inflation risks loom after Australia floods Reuters. Reader Skippy adds:
The response by the citizens over all has been astounding (strengthening of the commons thingy), flip side is that many of the worst effected areas were industrial (toxicity / legacy / ground zero like) plus 100 klm upstream ( west east flows ) AG / industrial pollution. This is occurrence is repeated from Rockhampton to Victoria on both sides of the great divide (east of it to the coast AG / Grazing / Great Barrier Reef and just west of the divide flowing down south to NSW and Victoria ).
The next six months will be telling, its anyone’s guess till then.
Cheers from the wet, muddy, bruised, tired but, feeling satisfied hopeful for me and my fellows gumboot brigade.
Why Tunisia’s Revolution Is Islamist-Free Foreign Policy (hat tip reader May S)
In Corrupt Global Food System, Farmland Is the New Gold IPS (hat tip reader May S). The writing is a bit strident, but the argument has merit.
A world in breakdown Paul Rogers, Open Democracy (hat tip reader May S)
The broken heart of capitalism Robert Peston
The Anti-Regulators Are the “Job Killers” Bill Black
China’s lending hits new heights Financial Times
Europe is running fast to stand still Mohamed El-Erian, Financial Times. Some of the logic here is dubious, and El-Erian presumably knows better. The distinction he draws between ” highly indebted European countries” and supposedly sounder ones bears scrutiny, since the banks in countries like France and Germany hold a lot of periphery country debt and will need to be restructured and recapitalized at large expense to their governments.
The ‘new normal’ of unemployment Dean Baker, Guardian (hat tip reader John M)
Cumulative Output Loss Menzie Chinn. In case you forgot.
The Need for Social Insurance Mark Thoma
Seeing Like a Policy Wonk, Left-Wing Critique, Freddie deBoer 2011 edition Mike Konczal. A very good take on the “naming names” part of his post, an aspect I pointedly ignored (in that I though some of his readings were apt, others less so), as well as wonkdom generally.
Antidote du jour: