Monday, August 18, 2025

Is a War With Iran on the Horizon?

Why the US might be dumb enough to start a hot war with Iran.

India Bans Plastics Waste Imports, While Fossil Fuel Plastics Pushers in US and China Ramp Up to Party On

Kudos to India for banning plastics waste imports, to focus on solving its own waste management problem. Meanwhile, fossil fuel interests ramp up plans to produce more plastics.

Links 3/10/19

Bill Black Analyzes Brad DeLong’s Stunning Concession: Neoliberals Should Pass the Baton and Let the Left Lead

Bill Black analyzes Brad DeLong’s concession that neoliberals should get out of the way and let the left lead since their coalition with Republicans did not work.

Links 3/9/19

Economic Consequences of the U.S. Convict Labor System

US counties with convict labor often have lower wage and employment growth

Charter School Cap Efforts Gain Momentum

Evidence increasingly shows that charter schools damage public schools, fueling campaigns to stop charter school growth.

2:00PM Water Cooler 3/8/2019

Today’s Water Cooler: Brown, Harris, Hickenloope, Sanders strategy, Warren on monopolies, Ilan Omar, Obama legacy, economics after neoliberalism, economics and equilibria, republican virtue, K-Pop, Google, wettest winter, methane, local news, W.E.B. DuBois, International Women’s Day 2019

Power Failure and Blackout: An Update on the Situation in Venezuela

It seems to be taking the United States rather a long time to topple the Maduro government.

Links 3/8/19

CalPERS/Investor Alert: Award Winning Study Debunks “Warren Buffett” Fund Strategy; Buffett Does Better in Stocks Than Private Companies

Warren Bufett’s own experience calls “Warren Buffet funds” into question.

Can the US Treasury Run Out of Money When the US Government Can’t?

Debunking some arguments against MMT by explaining why the US Treasury can’t run out of money.

The Doomsday Economics of ‘Proof-of-Work’ in Cryptocurrencies

Why inherent problems with cryptocurrency liquidity are already leading to consideration of other methods for validating blockchain updates. They are likely to prove unsatisfactory and therefore call for verification by a trusted institution….defeating the rationale for cryptocurrencies.

2:00PM Water Cooler 3/7/2019

Today’s Water Cooler: Booker, Sanders, 2016 relitigated, DCCC, Omar resolution debacle, centrism, productivity, labor market, Facebook pivot to privacy?, Amazon, gardening, the super-rich, smart locks

The Incoherence of Larry Summers, a Serious Economist

Larry Summers as a negative indicator.