Friday, December 15, 2017

Can Uber Ever Deliver? Part Eleven: Annual Uber Losses Now Approaching $5 Billion

Uber’s ever-widening losses confirms Hubert Horan’s thesis that Uber has no credible path to profit absent a radical downsizing.

Don Quijones: A New Stealth Attack in EU’s “War on Cash”

The definition of cash widens.

The DSGE Model Quarrel (Again)

Economists duke it out over a new defense of discredited but still widely used DSGE models.

2:00PM Water Cooler 12/11/2017

Today’s Water Cooler: Moore v. Jones, Unity Commission, Bitcoin, house-cleaning, open thread.

Class and Beyond: Case-Deaton’s “Deaths of Despair,” Embodiment, and Neoliberal Epidemics

Can a theory of epidemiology put a stake in the heart of neoliberalism — and identity politics?

Links 12/11/17

How the Radical Right Takeover in Brazil Has Parallels With Trumpism

The hard right is running the country without being elected after Dilma Rousseff’s impeachment last year. It has surprising support among the new lower-middle class.

David Davis Points Out Brexit “Breakthrough” Isn’t Binding as Draft European Council Statement Tightens the Screws

More discussion of the overhyped Brexit “breakthrough” of last Friday.

How Hayek’s Evolutionary Theory Disproves His Politics

How critics of Hayek, like those of Marx, fixate on his politics and ignore his important economic insights.

Net Neutrality: Public Support, “Light Touch” Regulation, and the Coming Court Challenges

A round-up before the FCC”s expected decision to abolish net neutrality on December 14.

Links 12/10/17

Churning, Confusion And Disruption — The Dark Side Of the ObamaCare Marketplace

The task of finding new insurance annually undermines the continuity of care for people with ongoing medical needs or chronic conditions. (Not to mention being an insanely stressful pain in the [family blog].)

Links 12/9/17

Stop Talking Affordable Water and Start Talking Poverty

By David Zetland, who worked on water policy for 10+ years and is an assistant professor of economics at Leiden University College in the Netherlands. Originally published at Aquanomics Circle of Blue published this long, aggravating article of the efforts of activists, water managers and (far too many consultants) to “find a compromise” on the […]

DNC’s Unity Commission Further Dividing the Party

It should come as no surprise that “unity” in the Democratic Party means purging dissidents.