socialist-economics

And it's gonna take fundamentally different thinking.   Thanks, John.  Sent from my iPhone On Dec 31, 2016, at 7:30 AM, John Case < jcase4218@gmail.com > wrote: A great rundown on disaster of killing the ACA. But the blame is all on Comey and "those who put Trump over the top" -- a reference I suppose to the deplorable "white working class" of his previous post. Not a word on the weaknesses and contradictions of the ACA, or, indeed, of liberalism itself.  It's going to take deeper thought than this to get out of this message. Snatching Health Care Away From Millions http://nyti.ms/2hyzKgh -- You received this message because you are subscribed to the Google Groups "Socialist Economics" group. To unsubscribe from this group and stop receiving emails from it, send an email to socialist-economics+unsubscribe@googlegroups.com . To post to this group, send email to socialist-economics@googlegroups.com . Visit this group at https://...

A great rundown on disaster of killing the ACA. But the blame is all on Comey and "those who put Trump over the top" -- a reference I suppose to the deplorable "white working class" of his previous post. Not a word on the weaknesses and contradictions of the ACA, or, indeed, of liberalism itself.  It's going to take deeper thought than this to get out of this message. Snatching Health Care Away From Millions http://nyti.ms/2hyzKgh

Sent from my iPhone Begin forwarded message: From: Stewart Acuff < acuff.stewart@gmail.com > Date: December 30, 2016 at 6:51:02 PM EST To: Stewart < acuff.stewart@gmail.com > The road began deep in a valley Climbed toward the sun Dipped again to the sea And so it followed on its run Taking me On the long journey To become what I was to be Hardly smooth but mostly happy In a life of struggle and fight Never ending. Sent from my iPhone

John Case has sent you a link to a blog: Blog: Eastern Panhandle Independent Community (EPIC) Radio Post: EPIC radio returns -- Paris on the Potomac - What's it all about Link: http://www.enlightenradio.org/2016/12/epic-radio-returns-paris-on-potomac.html -- Powered by Blogger https://www.blogger.com/

this is an interesting news analysis and opinion article by John Wojcik: http://www.peoplesworld.org/article/could-a-dangerous-campaign-against-russia-spin-out-of-control/ On Thursday, December 29, 2016 at 4:41:13 PM UTC-6, moderator wrote: ---- Obama Strikes Back at Russia for Election Hacking // NYT > Business The Obama administration said it was tossing out 35 intelligence operatives and imposing sanctions on Russian intelligence services and officers. ---- Shared via my feedly newsfeed

Decoding 2016: David Axelrod with Joel Benenson http://politics.uchicago.edu/news/entry/decoding-2016-david-axelrod-with-joel-benenson  -- via my feedly newsfeed

---- More U.S. Workers Have Highly Volatile, Unstable Incomes // Working In These Times The U.S stock market may be at record highs and U.S. unemployment at its lowest level since the Great Recession, but income inequality remains stubbornly high. Contributing to this inequality is the fact that while more Americans are working than at any time since August 2007, more people are working part time, erratic and unpredictable schedules—without full-time, steady employment. Since 2007, the number of Americans involuntarily working part time has increased by nearly 45 percent. More Americans than before are part of what's considered the contingent workforce, working on-call or on-demand, and as independent contractors or self-employed freelancers, often with earnings that vary dramatically month to month. These workers span the socioeconomic spectrum, from low-wage workers in service, retail, hospitality and restaurant jobs—and temps in industry, construction and manufacturing—to highly...

---- Critical points in history and social media // UnderstandingSociety  Recent posts have grappled with the interesting topic of phase transitions in physics (link, link, link). One reason for being interested in this topic is its possible relevance to the social world, where abrupt changes of state in the social plenum are rare but known occurrences. The eruption of protest in numerous countries across the Middle East and North Africa during the Arab Spring is one example. Essentially we can describe these incidents as moments when ordinary citizens are transformed from quiescent members of civil society, pursuing their private lives as best they can, to engaged activists assembling at great risk in large demonstrations. Is this an example of a phase transition? And are there observable indicators that might allow researchers to explain and sometimes anticipate such critical points? There is a great deal of interesting research underway on these topics in the field of complex syste...

---- Map of World Billionaires by Country and Origin // The Big Picture Source: How Much The post Map of World Billionaires by Country and Origin appeared first on The Big Picture. ---- Shared via my feedly newsfeed

---- Open Society Needs Defending // Project Syndicate Open societies are in crisis, and various forms of closed societies – from fascist dictatorships to mafia states – are on the rise. Because elected leaders failed to meet voters' legitimate expectations and aspirations, electorates have become disenchanted with the prevailing versions of democracy and capitalism. ---- Shared via my feedly newsfeed

---- Obama Strikes Back at Russia for Election Hacking // NYT > Business The Obama administration said it was tossing out 35 intelligence operatives and imposing sanctions on Russian intelligence services and officers. ---- Shared via my feedly newsfeed

---- What it means if Trump names China a currency manipulator // L.A. Times - Business President-elect Donald Trump has vowed to name China a currency manipulator on his first day in the White House. There's only one problem: It's not true anymore. China, the world's second-biggest economy behind the United States, hasn't been pushing down its currency to benefit Chinese exporters... ---- Shared via my feedly newsfeed

---- T. Rex: Engineering Fantasy // EconoSpeak Global warming? "It's an engineering problem, and it has engineering solutions." According to Rex Tillerson, Donald Trump's choice for Secretary of State, adapting to climate change is an engineering problem that has an engineering solution. A soundbite from a Council on Foreign Relations presentation by Tillerson has been widely reported. But it is worthwhile to consider his full answer and its context. Here are the question and answer:  Transcript: QUESTIONER: Hi, I'm David Fenton.  Mr. Tillerson, I want to talk about science and risk, and I agree with you that's the way we must proceed. So, as you know, it's a basic fact of physics that CO2 traps heat, and too much CO2 will mean it will get too hot, and we will face enormous risks as a result of this not only to our way of life, but to the world economy. It will be devastating: The seas will rise, the coastlines will be unstable for generations, the price o...

---- Paul Krugman: Why Corruption Matters // Economist's View  "So how bad will the effects of Trump-era corruption be?": Why Corruption Matters, by Paul Krugman, NY Times: Remember all the news reports suggesting, without evidence, that the Clinton Foundation's fund-raising created conflicts of interest? Well, now the man who benefited from all that innuendo is ... giving us an object lesson in what real conflicts of interest look like as authoritarian governments around the world shower favors on his business empire. ... And his early appointments suggest that he won't be the only player using political power to build personal wealth. ... America has just entered an era of unprecedented corruption at the top. ... Normally, policy reflects some combination of practicality — what works? — and ideology — what fits my preconceptions? And our usual complaint is that ideology all too often overrules the evidence. But now we're going to see a third factor powerfull...

---- Links for 11-28-16 // Economist's View The Politics of Job Polarization - Simon JohnsonExploding myths about the gig economy - VoxEU When Is Responsible Democratic Governance Possible? - Brad DeLong In India, Black Money Makes for Bad Policy - The New York Times The liberal elite's Marie Antoinette moment - Wolfgang Münchau The Electoral Consequences of Globalization - Capital Ebbs and Flows What is the role of character in action? - Understanding Society Not understanding the right - Stumbling and Mumbling Is Trump really serious about protection? - Gavyn Davies ---- Shared via my feedly newsfeed

 ... So that's the kind of wall he means... ---- The Enemy Within: Bribes Bore a Hole in the U.S. Border // NYT > Business Over the last decade, nearly 200 Homeland Security workers accepted bribes to let immigrants and drugs into the country, a New York Times review found. ---- Shared via my feedly newsfeed

Tim Duy is not 'Left'. He is professor of economics at U of Oregon, and a recognized expert on globalisation.  On Dec 27, 2016 4:29 PM, "Stewart Acuff" < acuff.stewart@gmail.com > wrote: Krugman is brilliant economist, but he's not a campaign guy. Politics is science--and art, empathy, repetition, connection, affinity. The Clinton campaign got the science but not the art. Look at how Warren speaks to our class and Sherrod and  Sent from my iPhone On Dec 27, 2016, at 3:13 PM, Samuel Webb < swebb1945@gmail.com > wrote: Krugman had become a punching bag for some on left. He may not get everything right, but he gets a lot more right than most of his critics, including this one. Sam On Tue, Dec 27, 2016 at 1:12 PM, John Case < jcase4218@gmail.com > wrote: ---- On Krugman And The Working Class // Economist's View Tim Duy: On Krugman And The Working Class, by Tim Duy: Paul Krugman on the election: The only way to make sense of what happened is to s...

Krugman is brilliant economist, but he's not a campaign guy. Politics is science--and art, empathy, repetition, connection, affinity. The Clinton campaign got the science but not the art. Look at how Warren speaks to our class and Sherrod and  Sent from my iPhone On Dec 27, 2016, at 3:13 PM, Samuel Webb < swebb1945@gmail.com > wrote: Krugman had become a punching bag for some on left. He may not get everything right, but he gets a lot more right than most of his critics, including this one. Sam On Tue, Dec 27, 2016 at 1:12 PM, John Case < jcase4218@gmail.com > wrote: ---- On Krugman And The Working Class // Economist's View Tim Duy: On Krugman And The Working Class, by Tim Duy: Paul Krugman on the election: The only way to make sense of what happened is to see the vote as an expression of, well, identity politics — some combination of white resentment at what voters see as favoritism toward nonwhites (even though it isn't) and anger on the part of the less educ...

Krugman had become a punching bag for some on left. He may not get everything right, but he gets a lot more right than most of his critics, including this one. Sam On Tue, Dec 27, 2016 at 1:12 PM, John Case < jcase4218@gmail.com > wrote: ---- On Krugman And The Working Class // Economist's View Tim Duy: On Krugman And The Working Class, by Tim Duy: Paul Krugman on the election: The only way to make sense of what happened is to see the vote as an expression of, well, identity politics — some combination of white resentment at what voters see as favoritism toward nonwhites (even though it isn't) and anger on the part of the less educated at liberal elites whom they imagine look down on them. To be honest, I don't fully understand this resentment. To not understand this resentment is to pretend this never happened: "You know, to just be grossly generalistic, you could put half of Trump's supporters into what I call the basket of deplorables. Right?" she sa...

Case: If you think revolutionary ideology is dead, get ready for some rude awakenings ---- A Secular Religion That Lasted One Century // Economist's View Branko Milanovic: A secular religion that lasted one century: The death of Fidel Castro made me think again of the idea that I had for a while about our lack of understanding of what is the place of communism in global history of mankind.  We have thousands of historical volumes on communism, and similarly thousands of volumes of apologia and critiques of Communism, but we have no conception of what its position in global history was—e.g. whether colonialism would have ended without communism, whether communism kept capitalism less unequal, whether it promoted social mobility, or made transition from agrarian to industrial societies in Asia much faster etc.  As Diego Castaneda mentioned in today's tweet, we probably will not be able to assess communism for a while, probably until the passions that it arose have died down. The ...

---- On Krugman And The Working Class // Economist's View Tim Duy: On Krugman And The Working Class, by Tim Duy: Paul Krugman on the election: The only way to make sense of what happened is to see the vote as an expression of, well, identity politics — some combination of white resentment at what voters see as favoritism toward nonwhites (even though it isn't) and anger on the part of the less educated at liberal elites whom they imagine look down on them. To be honest, I don't fully understand this resentment. To not understand this resentment is to pretend this never happened: "You know, to just be grossly generalistic, you could put half of Trump's supporters into what I call the basket of deplorables. Right?" she said to applause and laughter. "The racist, sexist, homophobic, xenophobic, Islamaphobic — you name it. And unfortunately there are people like that. And he has lifted them up." Clinton effectively wrote off nearly half the country at th...

---- California, at Forefront of Climate Fight, Won't Back Down to Trump // NYT > Business An elevated role on climate change is a sign of how California, one of the world's 10 largest economies, plans to resist the incoming administration's policies. ---- Shared via my feedly newsfeed

Sent from my iPhone Begin forwarded message: From: Stewart Acuff < acuff.stewart@gmail.com > Date: December 26, 2016 at 5:44:27 PM EST To: red-ink < red-ink@earthlink.net >, Stewart < acuff.stewart@gmail.com > Subject: Fwd: This old tree Majestic in its fight Against lightning, time and fire Stands against all the might The elements send, it's top once a spire Now a guide for life and living right It's winter browned leaves show life that refuses death or dire Warnings for centuries dark or bright This tree calls us to its sight So we can learn to stand and struggle and fight Till we've weathered this storm.  Sent from my iPhone Begin forwarded message: From: Stewart Acuff < acuff.stewart@gmail.com > Date: December 26, 2016 at 5:30:17 PM EST To: Stewart < acuff.stewart@gmail.com >, red-ink < red-ink@earthlink.net > <photo.JPG> Sent from my iPhone

---- Trekking the Gold Trail: Misinvoicing in Primary Commodity Exports // TripleCrisis Léonce Ndikumana Introduction Exports of primary commodities are an important driver of growth in many developing countries. However, high resource endowment exposes these countries to the vagaries of large swings in commodity prices. And if "natural capital accounting" is applied so as to count the full cost of non-renewable resource depletion, the World Bank finds that 88 percent of African countries are net losers: the incoming profits and investment are less than the outgoing value of the minerals (World Bank, 2014). Moreover, resource-rich countries suffer from losses in foreign exchange and tax revenues resulting from under-reporting of export proceeds. Indeed, trade misinvoicing is a major concern in a global system characterized by lack of transparency and skewed distribution of gains from trade. Incentives for trade misinvoicing arise from the existence of opportunities for profit...

Krugman as smart as he is is hindered by  2 things-- he is blinded by his clintonphilia. Remember his support for Clinton over Obama in 2008 and his support for Clinton against Bernie?  PK also doesn't get political tactics and strategy. The Clinton Campaign made a number of strategic blunders including running the election as a referendum against Trump instead if as a choice. Also, she didn't campaign on economic issues. She essentially quit campaigning on working class economic issues after the convention. Positions and policy don't make a campaign.  Sent from my iPhone On Dec 26, 2016, at 3:08 PM, John Case < jcase4218@gmail.com > wrote: ---- Krugman's answer (at least PK is honest): "I don't have a fucking clue". Paul Krugman: The Populism Perplex // Economist's View  What should Democrats do to win the votes of the white working class?: The Populism Perplex, by Paul Krugman, NY Times: ...what put Donald Trump in striking distance was overwhe...

---- Is any bit of positive fiscal impulse worth the money? // Jared Bernstein | On the Economy I'll be brief because I'm on vacation this week in an undisclosed location, but the hotel has solid wifi and the family's still snoozing away, so let's quickly talk a bit of fiscal impulse (FI). The discussion starts with 'G' in the GDP identity: Cons+Inv+Gov't+Net Exports. An increase in G raises GDP, all else equal, and that's positive fiscal impulse (FI). It's nothing more than "the delta"–the change–in fiscal policy from one period to the next. What can be confusing to people is that it's not the level, it's the change. So, if you're stimulus program spends $150 bn in year one and $100 bn in year two, FI in year two is negative. I raise this because I'm encountering progressives who are compelled to be at least somewhat supportive of wasteful, regressive tax cuts, like those proposed by Trump, or the ones I just wrote about in...