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Russell Seitz said… PP:I have always deplored the elision of science and advertising, but I question the historicity of Oreskes narrative . State of the art advertising best practices began shaping environmental consciousness raising campiagns a decade before the Climate Wars began, and from what I’ve observed ,those practices were enbraced with professional zeal by P-R operatives on both sides
Read the article: Default and Get it Over With; Stop the Needless Torture
Mish-modified translation from Libre Mercado … Renting an apartment in Venezuela is impossible mission. Supply is tight and prices exorbitant, quite inaccessible to the vast majority of the population thanks to the 2011 Law Against Eviction and Arbitrary Unemployment.
Read the original: Income Up 0.4%, Spending Flat (Lower Than Any Economist’s Estimate); Rent, Dividend, Obamacare Analysis
It appears the eurozone is one step closer to an "accident" today.
Librarians: 64% College Professors: 3.2% I disagree with some of those.
Read More: Who’s Driving the Rohingya into the Sea?
First Quarter GDP -0.7%; GDPNow Second Quarter Forecast +0.8%; Economists Get Zero Accolades; Smoothed Recession Odds First quarter GDP came in at -0.7% pretty much in line with the Bloomberg Consensus estimate of -0.8%. First-quarter GDP was revised down about as expected, to minus 0.7 percent vs expectations for minus 0.8 and compared with an initial reading of plus 0.2 percent. Updated source data made for a bigger negative contribution from net exports as imports spiked 5.6 percent from an initial gain of 1.8 percent.