ThePigouEffect (Double-super-special-wonkish) – NYTimes.com http://feedly.com/k/162L5dx shared via http://feedly.com Seguir leyendo The Pigou Effect (Double-super-special-wonkish) – NYTimes.com

WhatiscausingthesummereconomicslumpinJapan? http://feedly.com/k/13a7Nji As discussed previously (see post), Japan’s recent economic momentum has weakened. With the economy rebounding strongly earlier in the year, many had hoped growth will accelerate. But the industrial production pullback in June did not turn out to be simply an aberration and other reports started signaling a slowdown in economic activity. As the service PMI data shows (below), the slowdown is not … Seguir leyendo What is causing the summer economic slump in Japan?

TestosteronePit – Home – BreakingtheTabooofDrugLegalisation http://feedly.com/k/18kHWDA shared via http://feedly.com Seguir leyendo Testosterone Pit – Home – Breaking the Taboo of Drug Legalisation

A Japanese Crisis Nears http://feedly.com/k/1eAdzuu Japan has receded from the headlines of late but that’s about to change. In the next two months, it’s expected the Prime Minister Shinzo Abe will make a decision on whether to increase Japan’s consumption tax from 5% to 8% in April next year. If approved, consumer spending will take significant hit and given that it accounts for around 60% … Seguir leyendo A Japanese Crisis Nears

BitCoinIsNowOfficially A (Schrodinger) Currency http://feedly.com/k/13riOYr Last week was momentuous for BitCoin after a Texas judgeofficiallyrecognizedit as a currency. To wit: "It is clear that Bitcoin can be used as money. It can be used to purchase goods or services, and as Shavers stated, used to pay for individual living expenses. The only limitation of Bitcoin is that it is limited to those places that accept … Seguir leyendo BitCoin Is Now Officially A (Schrodinger) Currency

RadioactiveWaterSpillsOverFukushimaBarrier, FreelyLeakingIntoSurroundings http://feedly.com/k/13rhVz8 It was only last week thatyetanotherconspiracytheorybecamefactwhenwelearned, for the first time after nearly three years of lies, that Tepco had been deceitful and wrong with its "all clear" message about Fukushima, and that instead some 300 tons of contaminated, irradiated water had been flowing into the Pacific ocean everyday. So now that the opportunity cost of telling more lies is zero, and the … Seguir leyendo Radioactive Water Spills Over Fukushima Barrier, Freely Leaking Into Surroundings

“TheKosovisationofGreece”, byAmbroseEvans-Pritchard, THETELEGRAPH | YanisVaroufakis http://feedly.com/k/138JL8t shared via http://feedly.com Seguir leyendo “The Kosovisation of Greece”, by Ambrose Evans-Pritchard, THE TELEGRAPH | Yanis Varoufakis

EmpiricalEvidenceonEndogenousMoney http://socialdemocracy21stcentury.blogspot.com/2013/08/empirical–evidence–on–endogenous–money.html The empirical and statistical evidence on the direction of causality from loans to deposits is given by these studies, which are surveyed by Howells (2006: 59–62): (1) Moore, B. J. 1988. HorizontalistsandVerticalists: TheMacroeconomicsofCreditMoney. Cambridge University Press, Cambridge and New York. pp. 162–163. Moore uses the Granger and Sims causality test on loans and measures of the US money supply from 1974 to 1980. … Seguir leyendo Empirical Evidence on Endogenous Money

HAY QUE MIRÁRSELO http://lavozdebida.wordpress.com/2013/08/10/hay-que-mirarselo “Hemos ido más allá de una mala doctrina económica. Hemos ido incluso más allá del egoísmo y los intereses creados. A estas alturas, hablamos de una mentalidad que se regodea infligiendo más sufrimiento a los que ya están destrozados” “Por lo visto, es perfectamente correcto robar el dinero a los ciudadanos a punta de pistola y obligarles a dárselo a las … Seguir leyendo HAY QUE MIRÁRSELO