Oxfam Report on Rent Seeking Among the Top Wealthy Reinforces Neoliberal Shibboleths
A well-meaning effort to analyze rent-seeking goes off the rails.
Read more...Category Archives: Dubious statistics
Bill Black: Democrats Need to Give Up Being Deficit Hawks Even When it Feels Good Politically
Why do Democrats act like Republican wannabes with deficit scaremongering? Let us count the reasons: Wall Street, Pete Peterson, hatred of the poor…
Read more...Corporate Media Tries to Bury Sanders Alive
This Real News Network segment focuses on the media’s misconstruction, or more accurately, misrepresentation, of what superdelegates mean for the Sanders campaign.
Read more...Assuming Away Unemployment and Trade Deficits from the TPP
It should come as no surprise that the Peterson Institute has managed to model the impact of the TPP so that it does not increase unemployment.
Read more...Moodys: Public Pension Underfunding to Worsen as Returns Lag
Moodys give an update on the sorry state of public pension funds’ coffers.
Read more...Why a Serious Oil Rebound Is Not Coming Soon
Why the oil price recovery is still a way away.
Read more...Nicholas Shaxson: Why “National Competitiveness” is Like Ice Cream
Beware of accounting firms playing with numbers to push tax competitiveness, as in tax breaks.
Read more...Flint’s Water Crisis: A Chronicle of Disenfranchisement, Denial, and Buck-Passing
A must-see documentary on Flint’s water crisis.
Read more...Ilargi: China – A 5-Year Plan And 50 Million Jobs Lost
Why China will be unable to escape the loss of millions of jobs.
Read more...Forecasting Elections
How have prediction markets done versus the pundits in forecasting the 2016 elections so far?
Read more...A Proposed Natural Gas Pipeline is Next to a Nuclear Power Plant. What Could Go Wrong?
Someone needs to remind the overseers of old nuclear power plants that tail risks are greater than they think.
Read more...Some Real Costs of the Trans-Pacific Partnership: Nearly Half a Million Jobs Lost in the US Alone
The Trans-Pacific Partnership will lead to job losses overall, with the US taking the biggest hit.
Read more...Was Clintonomics Good for Working People?
Why Clintonomics does not live up to its PR.
Read more...James Galbraith: The Friedman v. Romers Growth Debate on the Sanders Plan – A Summing Up
How the real point of contention between Friedman and the Romers over the Sanders plan has been misconstrued.
Read more...James Galbraith Describes Major Forecast Failure in Model Used by Romers to Attack Friedman on Sanders Plan
James Galbraith examines the used forecast by Christine Romer and David Romer to attack Gerald Friedman’s favorable review of Sanders’ plan. He’d already shellacked the methodology in a 2014 book.
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