Excellent post by Cullen. Very good thoughts that are similar to those discused in this presentation: http://caps.fool.com/Blogs/modern-money-amp-public/775821. [more]
This is an phenomenal discussion regarding the Eurozone. Both presentations are well-done as is the question and answer section. This is a very long video but well worth the time.
This is an extremely good presentation. It succinctly puts budget deficits in the proper context. 19 minutes of your time well spent. [more]
Apologies for the multiple posts today, but this is another really good one. This idea has been around and in fact Dr. Dan Nocera from MIT has already made large advancements with it (see: The first practical artifical leaf) and his system already uses low cost materials. But this approach below uses a different set of materials that will offer different advantages. And it makes me very excited to see developments like this. [more]
Very cool stuff, check out the videos in the link [more]
Very good post. As expected, there is already a barrage of hand-wringing statments that are to the effect: "the US government is on the brink of insolvency, how do we pay for the damage from hurricane Sandy?". This is complete and utter nonsense. It is bad enough that deficit ideologues spout this kind of garbage when we have huge unemployment and a private domestic sector that is still hurting and trying to repair its balance sheet. But it is unconscionable when we have massive human suffering due to a natural disaster. [more]