Saturday, February 7, 2026

“Properly Measured Inflation Is No Longer a Significant Issue . . .”

The data say many meaures of inflation have moderated and energy prices are down. Readers?

2:00PM Water Cooler 6/13/2023

~ Today’s Water Cooler ~

As Wildfire Smoke Clears, Scientists Warn Air Quality Impacts Aren’t Over

As bad air becomes a new normal, advanced economies grapple with impact of sooty wildfire smoke on top of existing pollutants.

Links 6/13/2023

Central Bank of Nigeria’s Governor Suspended and Arrested After Waging All-Out War on Cash

For the moment, it is not entirely clear why Godwin Emefiele has been removed from his post and detained by Nigeria’s secret police, but there are a whole slew of possible reasons. 

Michael Hudson at Global University, Hong Kong, on Ukraine, Europe, China, and the Dollar’s Future

Michael Hudson gives a globe-spanning look at recent economic and geopolitical events.

How This Regional Bank Mortgage Lender Crisis is Different

Every bank crisis has its own overarching narrative and streams of sub-narratives that course through the marketplace day to day.

2:00PM Water Cooler 6/12/2023

~ Today’s Water Cooler ~

What Does a Chatbot Know About Eating Disorders? Users of a Help Line Are About to Find Out

Companies turn to artificial intelligence as a possible solution for a mental health crisis.

Links 6/12/2023

The EU Looks to “Jungle” Sacrifice Zones to Help It Out of Energy Crisis: North Africa Edition

Low wages and dirty energy make North Africa an attractive options for the EU to keep the “garden” green and profitable.

“Does Economics Do More Harm than Good?”

In a new book, George DeMartino offers some novel and pointed criticisms of economics, focusing on societal damage.

The War on Terror’s Lingering Pain

The war on terror’s high costs are buried in the US.

Links 6/11/2023

The EU Looks to “Jungle” Sacrifice Zones to Help It Out of Energy Crisis 

Low wages and dirty energy make the Balkans and North Africa attractive options for the EU to keep the “garden” green and profitable.