Poverty and full-time work in America @BernieSanders @HillaryClinton

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The early days of creative destruction in PCs

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@realdonaldtrump has never voted in a Republican primary

Trump has voted consistently in general elections. There is no indication that he has voted in a presidential primary of any kind since 1989.

Source: Donald Trump, Melania & Ivanka have never voted in a GOP presidential primary | Daily Mail Online.

Donald Trump first registered to vote at Trump Tower in 1987. Since then, he has been a Republican three times, a Democrat once, a member of the Independence Party once and, for a brief period, had no party identification at all.

Since he registered to vote for the Republican Party just before the 2012 election, he hasn’t missed a vote. He registered too late to vote for Mitt Romney.

Trump spent the entire Bush years as a registered Democrat.

Source: Donald Trump’s got a particularly strange voting history – The Washington Post.

Liberals look at Trump and populism, but see only their prejudices

Fabius Maximus website

Summary:  Yesterday’s post examined how the Right sees Trump and the resurgence of populism. Today’s looks at the Left. So far they largely ignore that they agree with much that Trump says. Is this based on political tactics (probably short-sighted) or class distinctions (those ignorant stupid proles refuse to follow their leaders)? Much depends on their ability to see America without such blinders. I doubt either progressives or populists can defeat the 1% alone; an alliance will prove attractive to each.

Economic Populist Rage by John Darkow Economic Populist Rage by John Darkow.

Contents

  1. Typical elitist condemnation of populists.
  2. Watch for a similar revolt on the Left.
  3. Conclusions.
  4. For More Information.

(1) Typical denunciations of Trump by establishment voices

Donald Trump Is Transforming the G.O.P. Into a Populist, Nativist Party
By good liberal journalist John Cassidy at The New Yorker, 29 February 2016

Political movements often feel threatened by other…

View original post 1,253 more words

@PeterDunneMP @dbseymour Legal marijuana finally doing what drug war couldn’t


Black markets can’t evade the basic laws of economics. The price paid to Mexican marijuana growers has halved in the last few years. American marijuana is now starting to be smuggled into Mexico.


Source: Legal marijuana is finally doing what the drug war couldn’t – The Washington Post.

The First Global Emerging Markets Investor: Foreign & Colonial Investment Trust 1880-1913

Mostly Economics

A brilliant paper by David Chambers (University of Cambridge) and Rui Esteves (University of Oxford).

We have quite a few papers on so called first era of globalization (1870-1913). Most of them deal with scale of flows, how UK was a capital exporter and US capital importer, easy flow of capital etc.

But this paper talks about this phase of fin glob from a different perspective. How about those financial firms which actively traded in this first era of globalization? This paper throws light on one such financial firm which apparently was the first emerging market investor.

The Foreign and Colonial Investment Trust (FCIT) is the oldest surviving closed end fund in the world today and was established fully half a century before similar funds appeared in  the US of the 1920s. Its early success was related to its identification of a missing market, namely, the provision of a wholesale diversified investment…

View original post 586 more words

Claim: 500,000 extra deaths per Year from Malnutrition by 2050

Watts Up With That?

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Guest essay by Eric Worrall

A study in The Lancet claims that by 2050, climate change could cause 500,000 extra deaths per year, due to reduced food production. However the study is model based – where is the supporting evidence?

The abstract of the study;

Global and regional health effects of future food production under climate change: a modelling study

Summary

Background
One of the most important consequences of climate change could be its effects on agriculture. Although much research has focused on questions of food security, less has been devoted to assessing the wider health impacts of future changes in agricultural production. In this modelling study, we estimate excess mortality attributable to agriculturally mediated changes in dietary and weight-related risk factors by cause of death for 155 world regions in the year 2050.

Methods
For this modelling study, we linked a detailed agricultural modelling framework, the International Model for…

View original post 719 more words

How the Curly effect explains @realdonaldtrump @berniesanders

@TedCruz says @realDonaldTrump wrote 10 checks to @HillaryClinton campaigns

Source: Ted Cruz says Donald Trump wrote 10 checks to Hillary Clinton campaigns | PolitiFact.

A brave cashier fights off an armed robber in Georgia, US

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