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Government Spending Is Out of Control! LOL

The Big Picture

Let’s delve into a case in point of Coase’s theorem: If you wanted to peddle the narrative that government spending is out of control, you might present a chart like the one above, which is an exact replica of a chart that appeared recently in a piece of research from a major Wall St. investment firm. ” [Chart 2].

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MiB: Philipp Carlsson-Szlezak, Global Chief Economist for BCG

The Big Picture

Prior to this role at BCG, Philipp advised financial institutions and governments at the Organization for Economic Co-operation and Development (OECD) as well as McKinsey & Company. This week, I speak with Philipp Carlsson , Global Chief Economist for Boston Consulting Group. He was also Chief Economist at Stanford C.

Economics 162
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How To Budget: Budgeting Methods And Budget Categories

Clever Girl Finance

Love it or hate it, if you want to be financially successful, you need to budget your money and understand budget categories. Getting your finances in order and building wealth takes planning, and your budget can help you do just that. Determine which budgeting methods will work for you 2. Table of contents 1.

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Biden Imposes Strict Climate Change Mandates on the Pentagon

Mish Talk

The proposed rule would also apply to non-defense contractors, including pharmaceutical, shipping and tech companies, though it curiously exempts universities, nonprofit research institutions and state and local governments. It will add to inflation and bigger budgets. No, that isn't the Onion, I am quoting. Well, that's OK.

Nonprofit 287
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The Real Reason to Worry About the Huge US Budget Deficit

Advisor Perspectives

The US government’s finances keep looking worse. The latest Congressional Budget Office projections suggest that it will need to borrow an added $400 billion this year to cover its budget deficit — and trillions more over the next decade.

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The Greatest Missed Opportunity of Our Lifetimes

The Big Picture

The US government? As the Peterson Institute noted: In June, the Congressional Budget Office (CBO) projected that annual net interest costs would total $663 billion in 2023 and almost double over the upcoming decade, soaring from $745 billion in 2024 to $1.4 They never bothered. trillion in 2033 and summing to $10.6

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Longform links: single AI answers

Abnormal Returns

youtube.com) An excerpt from "Means of Control: How the Hidden Alliance of Tech and Government Is Creating a New American Surveillance State" by Byron Tau. vanityfair.com) Travel Budget airlines are increasingly stiff competition for trains in Europe. Books An excerpt from "The Trading Game: A Confession" by Gary Stevenson.

Medicine 263