Piketty’s World Inequality Review: A Critical Analysis
Thomas Piketty and his colleagues have insisted that tax records are better for measuring inequality than income surveys. They’re wrong.
Read more...Category Archives: Dubious statistics
Christmas Hucksterism: The Last Mile of the Supply Chain is Safer Than You Think
A romp through surveys on “package thieves,” as publicized by a recent viral piece of Youtubery.
Read more...Michael Hudson: The Vocabulary of Economic Deception
Michael Hudson gives a wide-ranging interview, discussing the importance of euphemism in obscuring power relationships and exploitation.
Read more...The UK’s Reform of Limited Partnership Law: Dead on Arrival (II)
Commentary on the inadequacy of the UK’s proposed Limited Partnership Reforms
Read more...The UK’s Reform of Limited Partnership Law: Dead on Arrival (I)
Scottish Limited Partnerships and International Crime: NO evidence??
Read more...CalPERS Admits Its New Private Equity Funds Will Dilute Returns, Seeks to Change Benchmark to Hide That; Presents Other Questionable Claims as Top Investors Underperform Due to “Alternative Investments”
Awfully late in the game, CalPERS finally tries to ‘splain its private equity plans. The giant fund only digs its hole deeper.
Read more...Do Climate Policies ‘Kill jobs’? An Economist on Why They Don’t Cause Massive Unemployment
Sadly, an upbeat take on what “green” policies might means for jobs greatly understates the depth of economic restructuring needed to reduce the pace of climate change.
Read more...The Inconvenient Truth about Climate Change and the Economy
The new IPCC Report is overly optimistic about global productivity growth and fossil fuel energy use. More dramatic, immediate action on climate change is needed
Read more...Why “Green Growth” Is an Illusion
Wishful thinking and tinkering like “green growth” won’t cut it. Nothing short of a mass mobilization for deep de-carbonization across the global economy can avert the looming climate catastrophe.
Read more...Machine Learning and Economics
Some economists contend that machine learning and AI can improve economics.
Read more...How Economists Impede Addressing Climate Change
Earth to economists: you are a big part of the climate change problem.
Read more...Our New York Magazine Article: “Fake ‘Unicorns’ Are Running Roughshod Over the Venture Capital Industry”
Fake unicorns are a real problem for the venture capital industry.
Read more...Is This Time Different? Examining Recent Emerging-Market Turbulence
Some emerging-market economies look wobbly. How likely are we to see more crises?
Read more...Trump and the Midterms: Is It Not The Economy, Stupid?
What role did the state of the economy likely play in the midterm results?
Read more...Stock Markets Do Not Create Value
A new study on stock price performance undermines conventional thinking.
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