Friday, July 25, 2025

Beijing’s Bid For Influence in the Global South

Even a US propaganda organ is having to take notice of how China is taking advantage of US policy failures, particularly in the Global South.

Advances in Mind-Decoding Technologies Raise Hopes (and Worries)

If you are worried about spying on your devices, consider that mind-reading technology is already showing meaningful results.

2:00PM Water Cooler 1/3/2024

~ Today’s Water Cooler ~

We Deserve Medicare for All, But What We Get Is Medicare for Wall Street

An overview of health care, particularly Medicare, rentierism, with private equity playing a starring role.

Links 1/3/2024

Science on Trial, Part 2: An Immodest Proposal

In a variant of “follow the money,” some recommendations of how to lead with money, as in reform science research by reforming funding.

American Household Debt: A Reappraisal

An attempt to correct the “blame the poors” approach to the reality and systemic risk posed by debt among lower-income borrowers.

Rarely in the Field of Human Endeavour Has One Rather Small Profession Caused So Much Harm to Humankind as Neoclassical Economists Do Now

Not enough bad can be said about neoclassical economics. The focus today is inflation policy.

2:00PM Water Cooler 1/2/2024

~ Today’s Water Cooler ~

From the Great Divergence to South-South Divergence

A discussion of the need to replace the Great Divergence framework illustrates how economists often cling to outdated ideas.

Links 1/2/2024

Javier Milei Is Preparing a Nice Little New Year’s Gift for the World’s Richest Man, Elon Musk

Musk is “extremely interested” in Argentina’s vast lithium deposits, according to Milei. So too, apparently, is the US Government and many other US companies. Milei will happily oblige. 

Status of US Dollar as Global Reserve Currency and USD Exchange Rates: Long, Slow, Uneven Decline Continues

China’s renminbi keeps losing ground. But tiny “other” reserve currencies combined are taking share from the US dollar.

Prof. Michael Hudson, World Predictions for 2024 (USA, UN, Palestine, Russia And BRICS)

Michael Hudson pulls out his crystal ball to forecast what might be in store for 2024.

Strategy to Kick Trump Off the Ballot Under the Fourteenth Amendment Already Causing Chaos (So In Re Griffin Was Correctly Decided)

The Fourteenth Amendment is not and should not be “self-executing,” as the Maine and Colorado decisions kicking Trump off the ballot show.