The strange economics of the university strikes. It will increase short-term profits at the universities: less pay for staff, no refunds for students
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Thomas Hale: The strange economics of the university strikes
Economics
Robert Hockett: Liquidity Reserves and Commodity Reserves: A Marriage Proposal
Public liquidity reserves (a.k.a. ‘central banks’) must merge operations with public commodity reserves (a.k.a. ‘strategic stockpiles’) now that the world has rediscovered production and more prices than ever need collaring Read Here
Aviation
City A.M. – French government scraps plans for expansion of Charles de Gaulle airport
The French government has today scrapped plans for a major expansion at Charles de Gaulle airport due to climate change concerns. Read here
Economics
DeStatis – German Recession: Gross domestic product down 0.2% in 2024, German economy contracts for second year in succession
Germany is experiencing the longest stagnation of its postwar history by far Read HERE
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