Italy’s Mr Euro urges LatinFront, warnsGermanywon’tsellanother Mercedes inEurope http://feedly.com/k/HwuN2H The plot is thickening fast in Italy. Romano Prodi – Mr Euro himself – is calling for a Latin Front to rise up against Germany and force through a reflation policy before the whole experiment of monetary union spins out of control. "France, Italy, and Spain should together pound their fists on the table, but […] … Seguir leyendo Italy’s Mr Euro urges Latin Front, warns Germany won’t sell another Mercedes in Europe

Britaintohaveworst 2014 tradedeficitin industrial worldonEUforecasts – Telegraph http://feedly.com/k/1cC5WbG shared via http://feedly.com Seguir leyendo Britain to have worst 2014 trade deficit in industrial world on EU forecasts – Telegraph

QUEREMOS OTRA CRISIS COMO ÉSTA http://feedly.com/k/1bT6Pr5 “La empresa moderna era y es ciega. Sabemos que efectivamente produjo la revolución industrial, pero este no era el objetivo de los empresarios. Tales hombres, codiciosos y ansiosos de acumular la máxima ganancia no son raros – de todos modos no lo fueron en Europa desde las Cruzadas en adelante – ni su comportamiento es muy recóndito. La empresa … Seguir leyendo QUEREMOS OTRA CRISIS COMO ÉSTA

TheChangingGeographyofBeggar-thy-Neighbor – NYTimes.com http://feedly.com/k/Hvv8Cy shared via http://feedly.com Seguir leyendo The Changing Geography of Beggar-thy-Neighbor – NYTimes.com

LavoieonMark-upPricinginNeoclassicalTheory http://feedly.com/k/HCSNjV Marc Lavoie writes here: “While Post Keynesians have long endorsed cost-plus pricing, mainstream economists have recently begun to make use of markup pricing. Mainstream authors … usually point out that a markup over unit variable costs is consistent with profit maximization – the markup depends on the elasticity of demand and is set to equate marginal cost and marginal revenue. This interpretation can … Seguir leyendo Lavoie on Mark-up Pricing in Neoclassical Theory

France 1930, Germany 2013 http://feedly.com/k/16vWv8C Surprising parallels, none of them good. shared via http://feedly.com Seguir leyendo France 1930, Germany 2013

Final USManufacturingPMIPrintsAtLowestInOneYear, MakesMockeryOfChicago "Data" http://feedly.com/k/1h7ioCc If anyone needed confirmation that yesterday’ssoaringChicagoPMIdata (to the highest since March 2011) was a typical "Made In Chicago" fabrication, then look no further than today’s final MarkIt US Manufacturing PMI, which instead of soaring as its Chicago counterpart, tumbled from 52.8 to 51.8, the lowest print since October of 2012 as the report indicated "onlymodestimprovementinbusinessconditions", "output growthweakestforoverfouryears", and "new ordersincreasingattheslowest … Seguir leyendo Final US Manufacturing PMI Prints At Lowest In One Year, Makes Mockery Of Chicago “Data”