The IMFandTheEconomist (re)discoverthePrebisch-SingerHypothesis http://nakedkeynesianism.blogspot.com/2013/09/the–imf–and–economist–rediscover.html Free Exchange, one of the The Economist’s blogs, had a post recently on the secular declining prices of commodities. The post suggest that there is significant evidence in favor of the Prebisch-Singer Hypothesis (PSH), based on an IMF paper (available here). Note that the notion that there is something correct about the Prebisch-Singer Hypothesis is not really news. José Antonio Ocampo … Seguir leyendo The IMF and The Economist (re)discover the Prebisch-Singer Hypothesis

New BookbyMonthlyReview: CapitalistGlobalization – Consequences, Resistance, andAlternatives http://feedly.com/k/1b48spo Globalization, surely one of the most used and abused buzzwords of recent decades, describes a phenomenon that is typically considered to be a neutral and inevitable expansion of market forces across the planet. Nearly all economists, politicians, business leaders, and mainstream journalists view globalization as the natural result of economic development, and a beneficial one at that. … Seguir leyendo New Book by Monthly Review: Capitalist Globalization – Consequences, Resistance, and Alternatives

The RichGetRicherThroughtheRecovery – NYTimes.com http://feedly.com/k/1b45JMK shared via http://feedly.com Seguir leyendo The Rich Get Richer Through the Recovery – NYTimes.com

Que raro como en el caso Noos.. El juez Marcelino Sexmero, que el pasado mes de junio imputó a los exconsejeros de Sanidad Manuel Lamela y Juan José Güemes por las primeras privatizaciones de hospitales en Madrid, ha denunciado presiones de la Fiscalía para que abandone su investigación. Según un auto del magistrado, el fiscal del Tribunal Superior de Justicia de Madrid (TSJM) le envió … Seguir leyendo El juez que imputó a Lamela y Güemes por la privatización de hospitales denuncia presiones de la Fiscalía

Goldman PoursColdWaterOnTheExuberanceOfEuropeanPMIs http://feedly.com/k/15LnclS Always on the look-out for a silver-lining, the world’s commission-taking asset managers are flooding into the new cleanest dirty shirt of European stocks (the more beaten-down, the better) – apparently on the basis of the exuberance in surging PMIs. Aside from the fact Draghihimselfalreadypouredcold–wateronpeople’sbeliefinthestrengthoftheEuropeanrecoverylastweek, and ournotethisweekendonthe ‘roughness‘ ofPMIsurvey "soft" data, investors remain unmoved and momentum has taken over now. However, as Goldman … Seguir leyendo Goldman Pours Cold Water On The Exuberance Of European PMIs

U.S. GoingtoKillSyrianstoShowSyriathatKillingSyriansisWrong http://feedly.com/k/1axay1L Abby Martin speaks with UK Parliament Member, George Galloway, about Syria war propaganda and his upcoming film ‘The Killing of Tony Blair’. Link if video does not play: [youtube http://youtube.com/w/?v=I6qMCb14K3s][youtube http://youtube.com/w/?v=I6qMCb14K3s][youtube http://youtube.com/w/?v=I6qMCb14K3s][youtube http://youtube.com/w/?v=I6qMCb14K3s][youtube http://youtube.com/w/?v=I6qMCb14K3s][youtube http://youtube.com/w/?v=I6qMCb14K3s][youtube http://youtube.com/w/?v=I6qMCb14K3s][youtube http://youtube.com/w/?v=I6qMCb14K3s][youtube http://youtube.com/w/?v=I6qMCb14K3s][youtube http://youtube.com/w/?v=I6qMCb14K3s][youtube http://youtube.com/w/?v=I6qMCb14K3s][youtube http://youtube.com/w/?v=I6qMCb14K3s][youtube http://youtube.com/w/?v=I6qMCb14K3s][youtube http://youtube.com/w/?v=I6qMCb14K3s] Quote of the day goes to Abby Martin who says "We’rekillingSyrianstoShowSyriathatKillingSyriansisWrong. I justcannotwrapmyheadaroundthat". George Galloway responded along the lines … Seguir leyendo U.S. Going to Kill Syrians to Show Syria that Killing Syrians is Wrong