DISARM ICE --- LET THE POLICE CATCH REAL CRIMINALS --- DEMAND ACCOUNTABILITY --- KEEP AMERICA SAFE FOR EVERYONE ---
Showing posts with label economics. Show all posts
Showing posts with label economics. Show all posts

Friday, April 24, 2026

Economic Reality

 
US President Donald Trump is a longtime climate denier and oil industry ally, who sums up his own energy policy as “drill, baby, drill”. Yet he is doing more than almost anyone to speed up the global shift from fossil fuels to clean energy and electric vehicles (EVs)...

Thursday, April 16, 2026

Sorting Out Homelessness

 We were impressed with the turnout at the recent campaign event supporting the candidacy for governor of New Mexico by Deb Haaland.  After the event, however, Margaret commented on her surprise that the segment allotted for questions did not produce anything on the topic of homelessness.  That might have just reflected the short time available, but it still seems that the subject might have had a higher priority of concern.

It seems people may just be overwhelmed by the size and seeming intractability of the problem of homelessness.  Most efforts to combat the problem have often seemed superficial, or just  a shifting ot the problem from one locale to another.  

Estimates of the scope of the problem and ineffective remedies are probably mostly accurate.  Less clear are perceptions of the fundamental causes.  There seems to be a widespread tendency to ascribe moral and behavioral impropriety to the homeless, with an accompanying suggestion of a need for correction or punishment.  In fact, about half of the people confined in Albuquerque's jails are classified as homeless.

It seems more likely that successfully analyzing the fundamental causes of homelessness needs to look more broadly at historical and economic  trends.  That thought prompted me to submit a request to Google's AI Mode to produce a chart comparing the trajectories of homelessness and economic inequality since the beginning of the Reagan Presidency in 1981.

The congruence of the the two trend lines seems far too close to be ascribed to coincidence.

Comparing homeless rates among different countries and economies does not yield easily to statistical analysis because of different national statistical approaches.  However, some relevant facts emerge from queries about homelessness internationally.

 The U.S. has the highest income inequality of the major advanced economies. While its reported homelessness rate (approx. 23.1 per 10,000 in early 2025) is lower than some European peers, it has a much higher percentage of "unsheltered" homeless people living on the streets rather than in temporary facilities. In 2023, approximatel  653,104 people experienced homelessness in the United States on a single night in January. 

 Finland is widely cited as the only EU country where homelessness has consistently declined, driven by its "Housing First" policy. This approach provides permanent housing as a fundamental right before addressing other issues like addiction or mental health, rather than requiring people to be "housing-ready" first.  Since the strategy began in 2008, the country has successfully converted almost all temporary shelters into permanent housing units.  According to 2023 data, there are fewer than 3,500 people experiencing homelessness nationwide in Finland.

Saturday, October 18, 2025

Krugman

Economist Paul Krugman has posted an article on Substack comparing economic development in China and the U.S. :

China Has Overtaken America
And Trump’s policies guarantee that we will never catch up

The evidence:

"The most obvious example of Trump’s war on a critical sector, and the most consequential for the next decade, is his vendetta against renewable energy. Trump’s One Big Beautiful Bill rolled back Biden’s tax incentives for renewable energy. The administration is currently trying to kill a huge, nearly completed offshore wind farm that could power hundreds of thousands of homes, as well as cancel $7 billion in grants for residential solar panels. It appears to have succeeded in killing a huge solar energy project that would have powered almost 2 million homes. It has canceled $8 billion in clean energy grants, mostly in Democratic states, and is reportedly planning to cancel tens of billions more."



Krugman's conclusion:

"Does this mean that the U.S. is losing the race with China for global leadership? No, I think that race is essentially over. Even if Trump and his team of saboteurs lose power in 2028, everything I see says that by then America will have fallen so far behind that it’s unlikely that we will ever catch up."

Saturday, April 19, 2025

Alternative Approaches to Tariffs

As Trump's devastation of the economy progresses it is worthwhile considering what a thoughtful use of tariffs might look like.  Zyphyr Teachout's latest column in The Nation explores that idea, with dissections of both the MAGA and the neoliberal Democrat strategies.

"Trump’s chaotic, personalized trade agenda is certainly extreme. But so is the opposite vision: tariff abolition, with no guardrails, no democratic planning, and no strategy. Real industrial policy—the kind that builds capacity, disperses power, and supports workers—lives between those extremes. That’s the tradition we should be reclaiming."

Read:

 Trade, Monopoly, and the Fight We Can’t Let Trump Define

Monday, February 12, 2024

Rethinking the Value of Art

The Albuquerque Art Museum has brought another fine exhibition to town: Coast to Coast to Coast: Indigenous Art from the McMichael Canadian Art Collection. What most caught my interest in the show was the selection of traditional art from the Northwest Coast.  After a quick walk-through my first thought was to wonder at how I had grown up in Seattle and undergone sixteen years of "education" there without achieving a better understanding and appreciation of the area's indigenous art.  There are some obvious personal and social reasons, I think, but a large part of the educational deficit was the absence of native voices in the process.  What brought home that idea was the opening presentation by two Canadian indigenous experts on the subject of the show.

I had developed an interest in anthropology during my time at the University of Washington, but somehow it was not channeled into the local access that was available to native cultures.  Instead, I wandered off to explore a bit of the Northwest Amazon which my months there only gained me a superficial view of the possibilities of learning about traditional societies.

Most of the art  discussed by the presenters was recent work by Canadian indigenous artists.  I have never been very interested in museum-directed work of that kind, but the discussion did point to the importance  of the underlying motivations and history.  The brief comments on the role of art in the traditional cultures of the Pacific Northwest, however, really sparked my interest in the subject.

I was particularly taken by the explanation by Bonnie Devine about the Potlatch as a key element of a sustainable economy.  Of course, that subject was touched on in my college classes, but I only remember it being presented as kind of an aberrant curiosity.  Devine's few words on the topic made the tradition of giving away precious art objects seem perfectly rational and practical.  Thinking the next day about that viewpoint brought me to the idea that a modern day analogy might be the history of the Free Software Movement.

So, I am looking forward now to several more visits to the current exhibition at the Art Museum and to spending some time exploring the available literature on the subject.