Drop the dead donkey – pot report

Memorial day 1984

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NY Times’ Paul Krugman Pokes Bernie Bros’ Hive With Stick In ‘Feel the Math’

PA Pundits - International

claywaterspicture-5-1426558377By Clay Waters ~

New York Times Paul Krugman once again poked a stick into the Bernie Bros hive with his latest column, “Feel the Math.”

Bernie’s fellow socialists do not approve of Krugman’s constant attacks on Hillary’s opponent for the Democratic Party nomination, as shown in this fun read from last month on a socialist website, attacking Krugman as “an intellectual bagman for Wall Street and its favored candidate,” Hillary Clinton:

paul_krugman_4_1New York Times columnist and economist Paul Krugman has penned another in a series of unprincipled and dishonest attacks on Bernie Sanders on behalf of the Democratic Party establishment and the presidential campaign of Hillary Clinton.

….

Krugman’s blog on the Times is produced under the overall headline, “Conscience of a Liberal.” As it turns out, this conscience does not amount to much. As an intellectual bagman for Wall Street and its favored candidate, he…

View original post 792 more words

The Reversal of Fortune

Who said mobile phone networks were not contestable?

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Source: New Zealand Commerce Commission.

Many Seek “Justice For Harambe” After Gorilla Is Killed To Protect Child Who Entered Enclosure

The issue of liability of the parents for the losses of the zoo is valid but the fact that the gorilla had to be shot should never be questioned because it was to protect the little boy.

JONATHAN TURLEY

34BF5B5D00000578-3615783-Some_said_Harambe_appeared_to_be_guarding_and_defending_the_boy_-a-9_1464591377443We recently discussed the tragedy in Chile where a man sought to commit suicide by jumping into the lion enclosure at the zoo — resulting the two lions being shot and killed to protect him. Now in Cincinnati, a parent failed to properly supervise her 4-year-old son who felling a gorilla enclosure. Even though the lowland gorilla did not seem to be trying to hurt the child, he was nevertheless killed to guarantee the safety of the child. Many commentators have called for the parents to be prosecuted for the loss of Harambe.

View original post 159 more words

Now IMF too views neoliberalism as oversold..

Mostly Economics

Amazing things happening.

Jonathan D. Ostry, Prakash Loungani, and Davide Furceri of IMF revisit neoliberalism approach to economics and say it is oversold.  IMF was perhaps one of the most fervent guardians of this neoliberalism approach to economics and now seems to question this very zeal. One component of this approach was capital account liberalisation where IMF religiously said abolish all capital controls. Now it thinks capital controls could be used. This was hailed as one big turnaround in thinking. 

So in this note the authors talk about the same capital account and add another part of this approach-  fiscal prudence:

View original post 455 more words

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Another kitten

1st cellphone with internet capabilities in 1996

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Hayek (1976) on the meaning of equality

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Source: 1976 Monday Conference transcript featuring Hayek « Economics.org.au.

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