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Πώς θα βαθμολογούσαμε τον Κ. Baroufakis ως “μαθητή” οικονομικών Μέρος Γ’
Wired And Ready- The blog

Μέρος Α, Μέρος Β Ποία είναι η λύση τελικά σύμφωνα με τον Καθηγητή Οικονομικών? Πιστεύει ότι η χώρα πρέπει να κάνει default (δώστε μου και εμένα λογαριασμό με δολάρια και έδρα στο εξωτερικό και τα ίδια θα σας πω) και τα πράγματα είναι απλά, απλώς οι επιχειρήσεις να προπληρώσουν το Φ.Π.Α! Διαβάστε δηλαδή: Αφού το κράτος δεν μπορεί να δανειστεί από το εξωτερικό να πάρει τα χρήματα των επιχειρήσεων (όχι των πολιτών –αφού αυτοί τρομάζουν και ψηφίζουν). Κάνοντας μια ακόμα βαρουφοτούμπα προτείνει να υπάρχουν νομικά ισοσκελισμένοι προϋπολογισμοί κρατών (θέση για την οποία είχε κράξει την Δημιουργία Ξανά). Να από παίρνουν τις ιδέες τους οι ΣΥΡΙΖΑΙΟΙ. Επίσης  υποστηρίζει ότι η Αριστερά νίκησε για πρώτη  φορά σε εκλογές. Καλά σε άλλη χώρα ζούσε? Τόσο άρνηση της πραγματικότητας? Ο Μέγας Β επιτρέπει στον εαυτό του να κάνει κριτική στον ΣΥΡΙΖΑ, αφού τον υποστήριξε σε προηγούμενα άρθρα του. Διαφωνεί με τον έλεγχο των τραπεζών από τον ΣΥΡΙΖΑ. Καλά γιατί διαφωνεί? Είχε δώσει στην Μακροοικονομία του σύρ

ΤΑ ΔΥΟ ΨΕΜΑΤΑ ΠΟΥ ΘΑ ΒΓΑΛΟΥΝ ΤΗΝ ΕΛΛΑΔΑ ΑΠΟ ΤΟ ΕΥΡΩ ΚΑΙ ΤΗΝ ΕΥΡΩΠΗ
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Wired And Ready- The blog Του Δημήτρης Στρατάκης Από ότι φαίνεται είναι δύσκολο ένας λαός να μάθει από τα λάθη του. Εμπιστευόμαστε πρόσωπα και όχι τη λογική. Εμπιστευόμαστε μεγάλες υποσχέσεις, ασχέτως αν δεν έχουν καμία σχέση με την πραγματικότητα. Έτσι σήμερα παρακολουθήσαμε το τέλος του πρώτου γύρου, όπου τα ψέματα επικράτησαν. Όπου το αντίστοιχο ‘λεφτά υπάρχουν’ ειπώθηκε πιο δυνατά, πιο πειστικά και ψηφίστηκε από πολύ κόσμο. ΨΕΜΑ 1 «Μπορούμε να καταγγείλουμε το μνημόνιο και να παραμείνουμε στο Ευρώ» Βασικοί εκφραστές του ψέματος: ΣΥΡΙΖΑ – ΑΝΕΞΑΡΤΗΤΟΙ ΈΛΛΗΝΕΣ. Είναι τραγελαφικό να υποστηρίζεται κάτι τέτοιο. Παραπλανητικό σε βαθμό εγκληματικό. Αυτό άλλωστε φαίνεται από τη διγλωσσία του Τσίπρα όταν στέλνει επιστολή στο εξωτερικό δεν αναφέρεται πουθενά σε ‘καταγγελία’… Γιατί λένε αυτό το ψέμα;; Μα είναι προφανές ότι έχουν για μια ακόμα φορά εγκλωβιστεί στην ρητορική τους. Το ίδιο λάθος που έκανε ο Παπανδρέου, το ίδιο ο Σαμαράς και τώρα το ίδιο ο Τσίπρας και ο Καμμένος. Ακόμα δε περισσότερο ο Καμμένος ο οπο

The Latest Posts in Economics
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Portrait of An Economic Illiterate and Obama Kool Aid Drinker: Nick Hanauer’s Hoax at TED Conference—-Videos
Pronk Palisades
I’m not Opinionated…
Now It's a Womb
ECON: Real, Nominal and Other GDPs
THE VERT CITRON

Ever come across the phrase ‘real GDP’ and wondered if there was a ‘fake GDP’? Gross Domestic Product (GDP) is a measure of the total value of output from within the borders of a country over a given time period, i.e. how much the total produce of a country is worth. Real and Nominal GDP Nominal GDP is when you measure the total value of output with current prices: A country producing 1 football in 1920 (cost $40) will have a nominal GDP of $40 The same country producing the same 1 football in 2010 (cost $400) will have a nominal GDP of $400 -this rise is mainly due to the inflation of goods (ask your parents how much a movie ticket cost in their time) Nominal GDP can be quickly increased by printing money (leading to inflation), and is a ‘fake’ account of the total value of output from your country Economists favourreal GDPbecause it tells us the ‘real’, or actual amount of output a country produces: The real GDP of the country producing

Is World Recession Coming?
Inform The Pundits!
DO YOU PROSUME? – how the Do-It-Yourself trend changes the relation between producer and consumer
Curiosity Killed The Consumer
Bill Douglas Among the Philistines – <i>Cineaste</i>
NEW MILLS
Ireland votes to approve EU fiscal plan
Eideard
Breaking News: Dessert Poll Results, Bite Taken out of Cookie Price Index, Favorite Flavor Survey
SensitiveEconomist
Eventually taxes will be increased
The Liberty Tree
*Gandhi*
My Status Quo

Last night we showed the movie *Gandhi* to our kids. I probably have seen it 3 or 4 times already (It’s 3 hours long but it doesn’t feel like it). The difference this time was that I was wearing the econ-inspired goggles that I’ve been acquiring in the last ten years or so. Here are some random thoughts. 1. The movie starts in South Africa. Gandhi feels the brunt of discrimination as an Indian immigrant, and decides to fight it (non-violently). Initially it backfires and there’s a crack-down, but then the new law runs into trouble and is likely to be repealed, so Gandhi goes free, and he supposedly “won”. However, the movie is good about this point, when General Smuts pulls him out of prison to tell him that the legislation will be repealed, he also says that, as a result, immigration from India will have to stop. Gandhi looks shocked. Thinks for a moment, and says, we were not fighting to keep the immigration flows going, we were fighting for someth

Quebec and the Riot Index
Envelope Economics

The Quebec government is now at it’s second impasse in negotiations with students over tuition  hikes. The Quebec government, that is mired in $159 billion in debt (up from $99 billion in 2004, is attempting to make spending cuts and generate new revenues wherever it can. The proposed 75% increase in tuition that would have left Quebec tuition still the lowest in North America, however, pushed students to strike and led to widespread demonstrations. No doubt, public concern over the widespread allegations of corruption throughout all spheres of Quebec’s provincial politics and industry and the passage of Loi 78 have done little to engender any sympathy for the Quebec government. Demonstrations in Quebec have had attendance in the hundreds of thousands. The Quebec government seems to be trying to strike a balance on the Riot Index. I was shocked when some young acquaintances riding the bulls on Bay Street first explained to me the theory of government that prevailed among th

Shooting Down Drones in Texas–Drone Free Zone–Don’t Mess With Texas–Videos
Pronk Palisades

Krauthammer – 1st one to shoot down a US drone will be a folk hero Judge Napolitano : First American to shoot down a Drone will be an American Hero (May 15, 2012) Drones Shot Down Over Texas Drones Shot Down Over Texas “Goes Viral” 29.may.2012 Related Posts On Pronk Palisades Obama’s Kill List–On Terrorist Tuesdays Obama Targets “Innocent” Civilian and American “Terrorists”–Videos

What Are Women Hoping For?
nhuntting

Ida Tarbell (1857-1944), journalist and author With a consideration of the life of Ida Tarbell, courageous journalist & “muckraker.” Eli Siegel has explained, after centuries, what the deepest hope of every person is: to like the world on an honest or accurate basis.I learned that the chief cause of pain in my life was that I, like every person, also had another hope, opposed to my deepest hope. I was asked in an Aesthetic Realism consultation when I was 27: “Do you think you came to a picture of the world that had too much contempt in it?”  Yes, I had. Aesthetic Realism defines contempt as “the lessening of what is different from oneself as a means of self-increase as one sees it.” The reason I felt so heavy and stuck and lonely was, I began to see, because I hoped to find flaws in the world and in people, so I could feel I was better than them all. My desire to be superior had me not want to know or see good in others. I often acted amenable an

Just when you thought they were out …
Brobrubel's Blog

This is why Friday’s jobs report was so bad: It’s true that many 20-somethings move back to their childhood homes and let their parents subsidize them in ways that would have been unthinkable 50 years ago. But are they really entitled narcissists exploiting their parents’ goodwill? I don’t think so. I’ve been teaching undergraduates for 30 years, and when I talk to families, I see parents who are supportive of the semi-empty nest — and a recognition that this is the reality of the current job market. When I was in my mid-teens, I left home to go away to school and other than a couple of summers before college, really never went back. The summers away from home were spent working at a bank in Rochester, N.Y., to make money for the school year. And after I graduated, I moved to the south for my first fulltime job. I’ve been out of the nest ever since. The first newspaper job didn’t pay much, but at least the industry was expanding, and the cost of living in Florida was

Grexit? Spout? No, better half-in, half-out!
Uncharted Territory

I’m not a huge admirer of Margaret Thatcher, and still less of her Chancellor, Nigel Lawson. But, back in the day, they suggested the eminently sensible idea of “currency competition” as an alternative to European Monetary Union (or, rather aptly, EMU). The idea was that the euro would be introduced alongside the pound, franc, mark and so on, with markets deciding the extent to which the international currency displaced the national currencies. But did the eurocrats listen? No, like improbably large flightless birds, they simply buried their heads in the sand. The time for currency competition has now arrived. The case is compelling. So compelling in fact that when I scour the web to check my (in fact accurate) recall of the origin of the idea of currency competition in the eurozone, I find that it’s already been suggested as a solution to the current crisis – an alternative to Greek exit from the euro (Grexit) and Spain out (Spout) – by Philip Booth

WHEN DESIGNER SUITS CLOUD COMMON SENSE…
A Thinker's Diary

It is a tendency in human beings to overrate intelligence in others, especially so when one’s own reasoning faculties are clouded by subjective elements. In short and simple terms, other things remaining the same, a person with low self esteem or low belief in his/her own judgement is likely to have a higher ‘faith’ in the intelligence of his/her neighbour who is endowed with relatively higher self esteem and better reasoning skills. However, by doing so he unwittingly places himself at a position, where by virtue of his trust on the other person’s intelligence, he can be taken undue advantage of by the other person. Whether the other person actually chooses to take advantage of this situation is an immaterial argument as so far as this post is concerned but experience suggests that his decision would possibly depend upon the nature and degree of likely benefits accruing from any such action. There are many examples in the real world to support the above view. M

When Hospitals Declare War
NIKHILHOGAN.COM

From Surgery Center of Oklahoma: A large “not for profit” hospital system has built outpatient treatment facilities here in the Oklahoma City area consisting of emergency rooms with physician offices and certain diagnostic ancillaries attached.  These facilities are architectural works of art, looking like something displayed under glass at the Guggenheim.  One of these facilities was built in the back yard of another “not for profit” hospital system’s main hospital.  Sparks are flying.  Television ads are airing, paid for by the “victimized” hospital system, declaring these new faux ER’s as inadequate, without necessary physician coverage and basically calling them frauds. They are upset that these new facilities are taking customers away. But I wonder why they are upset if they’re supposedly “not for profit”. One of the reasons we needed healthcare reform so badly was all of the uninsured folks showing up at the hospital emergency rooms and not paying their bills. T

Bostadsbubblan – det är hög tid att plocka undan bålskålen
Lars P Syll's Blog

EU-komissionen framförde tidigare i år kritik mot regeringe Reinfeldt och hävdade bland annat att Sverige mot bakgrund av en fortsatt ökning av hushållens skuldsättning och en växande bubbla på bostadsmarknaden borde öka amorteringskraven vid bostadslån. Riksbanken har nu – efter långt om länge -tillkännagivet att man inte bara kan tänka sig skärpa amorteringskrav på bostadsmarknaden utan också kan tänka sig inkomstspärrar. Stefan Ingves säger i Svenska Dagbladet: Jag tycker det är väl värt att diskutera amorteringskrav i dagsläget. Om jag har förstått det rätt så är det så att nästan inga amorterar alls på nyutlåning till bostäder. Det undrar jag om det är särskilt bra. Det är djupt bekymmersamt att svenska hushåll så länge varit beredda att ta på sig så stora lån som man gjort. Det är hög tid att den nästan exponentiella skuldsättningsutvecklingen bromsas. I annat fall kan drömmen om ett eget boende mycket väl visa sig bli en mardröm. Eftersom de svenska hushållen tror på en fo