The Return on Information Technology
Using an exceptionally rich firm-level dataset from Belgium, this column finds that large firms benefit more from IT than small firms.
Read more...Readers, I have had a correspondent characterize my views as realistic cynical. Let me briefly explain them. I believe in universal programs that provide concrete material benefits, especially to the working class. Medicare for All is the prime example, but tuition-free college and a Post Office Bank also fall under this heading. So do a Jobs Guarantee and a Debt Jubilee. Clearly, neither liberal Democrats nor conservative Republicans can deliver on such programs, because the two are different flavors of neoliberalism (“Because markets”). I don’t much care about the “ism” that delivers the benefits, although whichever one does have to put common humanity first, as opposed to markets. Could be a second FDR saving capitalism, democratic socialism leashing and collaring it, or communism razing it. I don’t much care, as long as the benefits are delivered. To me, the key issue — and this is why Medicare for All is always first with me — is the tens of thousands of excess “deaths from despair,” as described by the Case-Deaton study, and other recent studies. That enormous body count makes Medicare for All, at the very least, a moral and strategic imperative. And that level of suffering and organic damage makes the concerns of identity politics — even the worthy fight to help the refugees Bush, Obama, and Clinton’s wars created — bright shiny objects by comparison. Hence my frustration with the news flow — currently in my view the swirling intersection of two, separate Shock Doctrine campaigns, one by the Administration, and the other by out-of-power liberals and their allies in the State and in the press — a news flow that constantly forces me to focus on matters that I regard as of secondary importance to the excess deaths. What kind of political economy is it that halts or even reverses the increases in life expectancy that civilized societies have achieved? I am also very hopeful that the continuing destruction of both party establishments will open the space for voices supporting programs similar to those I have listed; let’s call such voices “the left.” Volatility creates opportunity, especially if the Democrat establishment, which puts markets first and opposes all such programs, isn’t allowed to get back into the saddle. Eyes on the prize! I love the tactical level, and secretly love even the horse race, since I’ve been blogging about it daily for fourteen years, but everything I write has this perspective at the back of it.
Using an exceptionally rich firm-level dataset from Belgium, this column finds that large firms benefit more from IT than small firms.
Read more...Provider payment strategies under S1804 and HR676 (and what Jayapal should do with a new version of HR676).
Read more...The euro will stumble forward. No one will be happy with its operation. Equally, no one will leave.
Read more...Today’s Water Cooler: NAFTA, China trade, Tucker Carlson rant, Sanders on Wall Street Democrats, AOC dancing, Pelosi and #FightFor15, employment situation, Mr. Market in his happy space, bee nesting boxes, neoliberalism and mental health, police killings and class, China moon landing
Read more...Today’s Water Cooler: China, Apple, global manufacturing, Terry McAulliffe, Warren on war, Sanders 2016 campaign, PayGo, Green New Deal, manufacturing, employment, construction, Wells Fargo, more Apple, Amazon, journalism, obesity, Erica Garner
Read more...Today’s Water Cooler: Government shutdown and farmers, Robert Lighthizer deep dive, Elizabeth Warren, PayGo, Rev. Barber, voting machines, manfacturing, capital investment, sand, coal, YouTube’s Xmas IP theft, the so-called Nobel Prize for Economics, forklift-certified
Read more...The anti-GMO UN declaration was written by and for peasants from every continent.
Read more...Though Mueller’s revelations have shocked the American public consciousness, they were not the biggest financial scandals of the year.
Read more...Today’s Water Cooler: Open thread
Read more...Wouldn’t it be great if we just paid women for the work they already do?
Read more...Sound is a powerful indicator of environmental degradation and an effective tool for developing more sustainable ecosystems.
Read more...