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  • Switching to social rent | New Economics Foundation

Switching to social rent | New Economics Foundation

The housing emergency in England has become so deeply entrenched that it has soared up the political agenda and is now playing an important role in the general election debate.…

SEIZE THE MEANS OF INSTRUCTION!

Fifty-four years ago Les Temps Modernes published an essay by André Gorz titled, “Destroy the University.” I am posting it here adding occasional underlining for emphasis and commentary at the…

A Snail’s Pace — Confessions of a Supply-Side Liberal

It has been 12 years since my first blog post: What is a Supply-Side Liberal? I have written an anniversary post every year since: A Year in the Life of…

Private Residential Construction Spending Edges Up in April

Private residential construction spending rose 0.1% in April, following a 0.4% decline in March. The seasonally adjusted annual pace reached $890.4 billion. Total private residential construction spending is 8% higher…

Government debt fears – more fiction from the mainstream media – William Mitchell – Modern Monetary Theory

After all these years of trying, the insights provided by Modern Monetary Theory (MMT) still haven’t cut through. One doesn’t even need to accept the complete box of MMT knowledge…

At The Money: Your Financial Captain

At The Money: Your Financial Captain with Peter Mallouk (May 29, 2024) Who’s in charge of all of the details of your financial life? Not just the stocks and bonds,…

The aviation industry claims more flying is essential for the economy, the numbers say…

Latest data shows that in 2023, there were 3.9 million fewer business air trips compared to 2019 This week I attended an event the aviation industry hosted in parliament aimed…

The University at War and the Iceberg Strategy

While looking for old sources discussing the “manpower channeling” policies of the U.S. Selective Service (draft) during the Vietnam war, I uncovered a treasure trove of 1960s essays on the…

Did It Matter?

Manufacturing #10A & 10B, Cankun Factory, Xiamen City, 2005. Edward Burtynsky Classes finished up last week. One of the things I was teaching this semester was undergraduate economic history, which…

Custom Home Building Slowdown

NAHB’s analysis of Census Data from the Quarterly Starts and Completions by Purpose and Design survey indicates a slowing market for custom home building after a recent gain in market…

Australian labour market – mixed signals but probably still in a weakening phase – William Mitchell – Modern Monetary Theory

Last month’s Labour Force data release for April 2024, revealed that the Australian labour market was starting to weaken in the face of the fiscal squeeze (the government announced a…

At the Money: What to do when a sector goes hot or cold

At The Money: Jan van Eck on Hot and Cold Investments (May 15, 2024) What is hot or cold today? How should investors think about sectors that fall in and…

New Economics Podcast: What do the local elections mean for the UK

Three years’ ago, the Conservative Party celebrated their best local elections performance since 2008. But after last week’s local elections in England and Wales, the Telegraph called the results a…

Opium of the People and Radical Chains

The historical dust has not settled, but at this moment it seems clear that a proletariat which does not embrace Marxism is entirely possible. Why not, then, Marxism without a…

Affordability Pyramid Shows 66.6 Million Households Cannot Buy a $250,000 Home

As described in a previous post, NAHB recently released its 2024 Priced-Out Estimates showing 103.5 million households are not able to afford a median priced new home and an additional…