David Stuckler and Sanjay Basu’s new book The Body Economic: Why Austerity Kills is a thorough examination of the toll that recessions take on people’s health. They show, convincingly, that there are many, many channels through which health outcomes can deteriorate when the economy goes into a deep recession. They also show that the manner in which the government reacts to an economic downturn is a critical factor in determining health outcomes. Deterioration in health in a recession, though common, is far from inevitable.
|By: Mark Thoma Saturday June 29, 2013 1:59 pm|
|By: EdwardTeller Sunday June 23, 2013 3:46 am|
Whether it is the government of Hong Kong, a back-bencher in the Dáil Éireann, an Ecuadorean government resentful of past travesties we have inflicted upon their sovereignty, a Russian government upset about brazen American espionage, or an entire world community disturbed about implications of what Snowden and others have recently revealed about how fully we break treaties and conventions with them by the way we surveil and target their citizens, corporations, leaders and people, we may be about to witness a tsunami rise against our empire.
|By: Kevin Gosztola Tuesday May 21, 2013 1:05 pm|
The government had previously indicated it would present all evidence related to all charges, regardless of the fact that Pfc. Bradley Manning pled guilty to some of the offenses he faced. But, in military court today, a military prosecutor informed the judge that the government would not be making a case that Manning committed the greater offense alleged in relation to the disclosure of a diplomatic cable from the US embassy in Reykjavik, Iceland.
|By: fatster Wednesday October 3, 2012 5:30 am|
The slow-down in US manufacturing, part of a world-wide trend, doesn’t indicate a collapse, but “definitely flat-lining.” Index of activity at manufacturers did creep to 51.5 recently, but the average for 2011 was 55.2; “Sales have tanked”; factories added about 5,000 jobs each month this summer, compared to 19,000/month in 2011; manufacturing jobs have decreased from 17 million in 2000 to less than 12 million now.
|By: Peterr Monday September 17, 2012 4:16 pm|
I’ve been surprised by Mitt Romney’s forays into foreign affairs. Thus far, he’s done little but parrot tired GOP talking points, that have been used by candidates and pundits for ages. What’s missing is Romney’s personal touch. What’s missing is a foreign policy that draws on his strengths and builds on his own experiences of the world. Imagine the foreign policy approach that the founder of Bain Capital would bring to a situation like Greece…
|By: fatster Monday June 25, 2012 6:15 am|
Fatster’s rounds up the news from the weeked including stories about Turkey, Syria, Iceland, Bernanke, Greek coalition, China’s economy, Jamie Dimon, Congression insider trading, Michigan emergency law, Bobby Jindal, welfare cuts, and more.
|By: David Dayen Wednesday June 13, 2012 3:35 pm|
I was on The Young Turks with Cenk Uygur last night, talking about Iceland and how differently they have managed their economic crisis compared to the rest of the world.
|By: fatster Tuesday May 1, 2012 6:30 am|
Fatster compilies links and news from April 30, 2012, including stories from all over South America, Argentina, Mexican journalists, Colombian journalists, France, Spain, Iceland, Greece, Texas and other foreign lands.
|By: David Dayen Tuesday February 21, 2012 7:15 pm|
Debt write-downs work. They generate a wealth effect among the population, and they help to end balance-sheet recessions and bring about economic growth. What’s more, Icelandic home values came back, just 3% off their September 2008 pre-crisis level.
|By: masaccio Sunday May 8, 2011 10:40 am|
Other countries get results from voting. We don’t. Here are two things you can do.