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[Humanitarian News blogs] The political economy of earthquakes | Humanitarian News: Here's a paper by Nejat Anbarci, Monica Escaleras, and Charles Alan Register: In our theoretical model, we show that as per capita income decreases and the level of inequality increases, different segments of society are less likely to .

[The Harvard Crimson :: News] Full Text of Ben Bernanke's Class Day Speech | The Harvard Crimson: When I attended Class Day as a graduating senior, Gerald Ford was President, and an up-and-coming fellow named Alan Greenspan was his chief economic adviser. Just weeks earlier, the last Americans remaining in Saigon had been evacuated by helicopters.

[Enterprise Resilience Management Blog] Enterprise Resilience Management Blog: Brazil's Growing Middle Class: "Once hobbled with high inflation and perennially susceptible to worldwide crises, Brazil now has a vibrant consumer market, investment-grade status for its sovereign debt, vast foreign reserves and an agricultural sector that is vying to supplant that of the United States as the world's most productive. Brazil's $1.3 trillion economy is bigger than those of India and Russia, and its per-capita income is nearly twice that of China.

[Untitled] The great equaliser, Alan Greenspan | The Economist: Yes, those new immigrants might reduce the par capita tax burden, but this burden would also have been reduced if you can get people off of welfare. So who are governments (not particularly the USA) still opening their borders to economically marginal people, who are directly competing with those who sit in the welfare system?

[The LA Progressive] Far Worse Than a Big Zero | The LA Progressive: With all its squandered wealth, wasted lives, despoiled environment, growing inequality, and a Supreme Court stacked to favor corporate power, a “Big Zero” is a distant, unattainable goal. Ronald Reagan was president from 1981 to 1989, .

[eScholarship Repository] eScholarship: Remittances, Inequality and Poverty: Evidence from ...: III Empirical Results Income-Source Inequality Decompositions Table 3 summarizes the contributions of income sources to per capita total income and income inequality in rural Mexico in 2002. ...

[Worldchanging: Bright Green] Worldchanging: Bright Green: The Earthquake in Copenhagen ...: Copenhagen crushes this myth, for during CoP-15 everyone, everywhere, probably including the delegation members themselves, was dependent on the news ”” professionally gathered, well-written, carefully edited, and broadcast as soon as possible in widely accessible form.

[It Could Happen Here, Bruce Judson's Blog] Economic Inequality: The Wall Street Journal is Just Wrong | It ...: Assume long-term real , per-capita GDP (i.e.income) growth is 2.4% annually ( pretty close , if not too high , for advanced economies like the U.S.) Now assume that the top 1% garners 10% of the income at TimeZero ( about what their share was in 1980 or so). Then , assume that the top 1% achieves real income growth of 6% annually , on average , over the long haul ( 6% ain’t that much of an increase , right ?

[Matthew Yglesias] Matthew Yglesias » Jimmy Carter: o Carter inherited inflation (remember the Whip Inflation Now (WIN) buttons from the Ford Administration), and high unemployment, primarily because of the oil price shocks of 1973-74, when the price of oil tripled (from $4 to $12 a barrel)…Anytime an input into (effectively) every product and service in the economy suddenly triples, higher prices and lower productivity (which leads to unemployment) result—so inflation and unemployment occurs simultaneously….Bad…Carter did a good job managing the economy for 2 1/2 years, over 1977-into mid-1979 (do you ever here anybody whine about the economy during this period?…No), but then the next oil shock hit and oil prices tripled again (from $12 to $36 a barrell)…Again, with the inflation and high unemployment…Here Carter caved to pressure and hired Volker…Volker did nothing brilliant, he just threw everybody out of work until, eventually, 4 1/2 years later at the beginning of 1984, the economy picked up again with low inflation…We economists thought this was a disaster at the time (1980-83)—it was thought that inflation could be brought down without throwing many people out of work…Well, here Volker just came in, threw everybody out of work, and well, hell, let’s just call it a “success” and move on…Volker didn’t do anything wonderful, believe me…On top of that, OPEC collapsed in the middle of the decade and oil prices dropped back down into the teens per barrell..At this point we got the exact opposite of the oil price shock-increase—low inflation with high employment…Reagan benefited tremendously from the OPEC collapse…

[Reading Marx's Capital with David Harvey] Reading Marx's Capital with David Harvey » Blog Archive ...: There is something important to be gained from a careful and critical reading of both the theoretical framework and even more importantly the empirical examples of historical-geographical dynamics drawn from all around the globe. On the empirical side the report is a mine of information which, when reformulated, provides a huge base of evidence and information for thinking more clearly about the role of uneven geographical development in the reproduction of capitalism and for this I am extremely grateful.

[By The Fault] By The Fault » Blog Archive » Brazil's Inclusive Growth: Now, driven by increasingly affluent Brazilian investors, Mello said, SulAmérica is managing $9 billion, three times the amount from five years ago. “Through the increase in real income over the last 10 years, we’ve seen a huge movement in our Brazilian fund industry and the Brazilian markets,”

[The Microsoft Blog] KUOW: State college enrollment up after new H-1B visa law: s Washington State residents. It is HIGH TIME Microsoft and corrupt politicians answer to Washington State's citizens .

[BBC Blog Network] BBC - Mark Easton's UK: The myths of boozed-up Britain: this rare piece of counter-argument depicted children being indoctrinated by their so-called 'healthy schools' through lessons and the policing / prohibition of food intake to view fat as the worst thing they can be, to become phobic toward what are actually not inevitable outcomes of so-called 'obesity' but slightly elevated statistical risks, and to consider certain foods somehow evil and not to be eaten even in moderation. This incessant indoctrination, reinforced by peers and the increasingly obsessive, harmful weight-loss strategies of their equally terrified / brainwashed parents, is resulting in five year-olds who understand calories and GDAs, eight and nine year-olds obsessed with exercise and the shape of their bodies and a teenage generation who both consider being slightly larger to be social death (evidenced by a tenfold increase in harassment and bullying of those considered of excessive BMI) and any means necessary, including eating disordered behaviour, justifiable to avoid this catastrophe of not being thin.

[Latin American EconoMonitor] USA, Argentina and Alan Beattie: Wrong Starting Point - Roubini ...: Theissue is not only immigration but also the level of population at the beginningof the US and Argentina’shistories as independent nations.  I havealready mentioned the far better climate and geological conditions in theEastern of the US comparedto the Pampas, which led to larger and earliersettlements in the former but not the later. According to Angus Maddison, in 1820 the UShad already a population of some 10 million people, when Argentina hadabout 500.000 (a ratio of 20:1).  Sincethen, and until 2008, the USpopulation grew 30 times (to 300 millions), while Argentina’s population increased bya multiple of about 80 (to 40 millions). As a reference, the number for Australiais 62 and for Canada,41, over the same period.  In order toget to Alan Beattie’s miscalculated 120 millions, Argentina’s population would haveto have grown about 240 times (or about 200 times, properly applying AlanBeattie’s own rule of thumb of 1/3 of land and people).  This may be a challenge even for an all-powerfulSoviet planner, given the constraints on the supply side of population and theabsorption capacity of the recipient country. For instance, Diaz Alejandro, in his “Essays on the Economic History ofthe Argentine Republic” argues that between 1857 and 1929, 60% of thepopulation growth can be attributed to immigration, and that around 1914 about 30%of the total population and almost 50% of the labor force were foreigners,proportions far higher than in the US or other immigration countries.  The large immigration caused seriousadjustment problems in political, social and economic terms, and to get to theimplausible figures suggested by Alan Beattie, the problems would have beeneven worse (another methodological issue that is perplexing in his analysis isthe lack of general equilibrium considerations).

[Red Alert] The future of social democracy « Red Alert: There is a great discussion of privatisation in which he contrasts the British approach to the railways with that taken by the Italians and the French. In 1996, the year before the UK privatised rail, they boasted the lowest public subsidy of rail in Europe per capita (9 pounds).

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