Daily Trawl

Mostly economics today, though some of it is also about the interent.

1. Noah Smith on Shinzo Abe.
Noahpinion present a summary report card on the Abenomics ‘revolution’ in Japan.

2. Understanding Society: Detroit edition
US cities have a habit of being autophagic; strong, thriving metropoli which get into self-amplifying feedback loops of white flight, educational failure, corruption and despair. Given that systemic racism and deliberate policies of white flight and ghettoization predate the death of the auto industry by some 40 years, one might suspect that what really broke Detroit was WASP paranoia and segregationist sentiment, not economics or gobal competition.

3. Slap Cameron week
EconoSpeak gets in on the fun of pointing out that the UK Prime Minister is either a) incompetent or b) dishonest, and has painted himself into such a corner that his own Office of Budget Responsibility had to publicly call him out for lying about their findings.

4. Values issue
The Economist are having an essay forum looking at how one can study and assess the consumer surplus generated by the internet, or in more normal language, what is it actualy worth?


March 2013
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Per Argument Ad Astra

Politics, history, economics and rampant speculation from a victim of the Great Recession, currently at large in the West Midlands.

"When the regulation, therefore, is in favour of the workmen, it is always just and equitable; but it is sometimes otherwise when in favour of the masters."
                -- Adam Smith


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