Monday, June 23, 2025

How Economists Distorted Economic Theory to Help Big Companies Get Bigger

Economists had to play fast and loose with economic theory to deploy their merger “efficiency” arguments.

Links 9/1/2023

Spain’s Defence Minister Comes to Defence of EU Chief “Diplomat” Josep Borrell in War of Words With Russia That Borrell Initiated

“When Russia insults the high representative of the European Union, it is insulting all Europeans.”

“Core Services” Inflation Jumps to 2nd Worst Since 1985, “Non-Housing Services” Are Red Hot. Fed’s Job Far from Done

Inflation in the US is still defying the Fed, confirming that the blunt instrument of interest rate increases is not the right tool.

Indonesia’s Wait-And-See Approach Towards Joining BRICS

Indonesia serves as a reminder that the so-called “Global South” is not monolithic and that affects the prospect of joining BRICS.

2:00PM Water Cooler 8/31/2023

~ Today’s Water Cooler ~

The Other Option for Containing Trump

Your humble bloggers risks getting herself in trouble by speculating about tail event level schemes to thwart Trump.

Links 8/31/2023

BRICS: African Countries Face Opportunities and Risks in Alienating China or the US – An Expert Weighs In

An, erm, interesting take on the implications for BRICS for African nations.

Labor Economist: AI May Bring a Boom in Horrible Jobs

Losing jobs isn’t the only thing workers have to worry about. AI may make many jobs worse.

US-China Decoupling: Rhetoric and Reality

An update on how the much-ballyhooed US economic divorce from China is progressing.

2:00PM Water Cooler 8/30/2023

~ Today’s Water Cooler ~

Biden Administration Migrant-Friendly Southern Border Policy Creating Splits Among Democrats; NYC About to Eject 4,500 from Shelters

den”s “even more open borders” policy is generating resistance among some Democrats.

Links 8/30/2023

Extended Vaccination Boosters Against the RBD of Spike Protein and the Immune Response to SARS-CoV-2

A carefully done study, admittedly on mice, suggests that more Covid vaccinne boosting is counterproductive in immune repsone terms.