Output rose 3.5 per cent in January from the previous month, although this mostly was a rebound from December’s fall. But DeStatis always selects the positive numbers. That is what happens when your paymaster is the state. The question is if DeStatis does not doctor their numbers as well.
Economics
Ann Pettifor: Why building more homes will not solve Britain’s housing crisis
There is no shortage of housing in Britain. There is however speculation, which is driving prices up, resulting in empty housing. Read here
Climate Crisis
Cam Simpson, Akshat Rathi, Saijel Kishan: MSCI, the largest ESG rating company, doesn’t even try to measure the impact of a corporation on the world. It’s all about whether the world might mess with the bottom line
Excellent piece on rampant ESG ‘green washing’ and the limits of existing taxonomies.This is the true contribution of the market to stopping climate change. Read here
Geopolitics
Wolfgang Streeck: No end in sight: Reflections on recent literature on the destruction of Gaza
Will the destruction of Gaza, the extermination of its society end before it is completed? Not if the government of Israel, the majority of its citizens and the United States have their way. Israel will […]
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