Written by Frank Li
In his famous 1989 article (The End of History?), Francis Fukuyama writes:
"The triumph of the West, of the Western idea, is evident first of all in the total exhaustion of viable systematic alternatives to Western liberalism."
Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary 'reading list' which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for 'reading list' items are gratefully reviewed, although sometimes space limits the number included.
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by Philip Pilkington
On a recent blogpost that I wrote there was some confusion in the comments section regarding Hyman Minsky's theories and their relationship to the phenomenon of rising asset prices. I have seen this confusion made many times before - even by some otherwise good Post-Keynesian economists - but I think that it is time to finally clear it up once and for all.
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Infographic Of The Day: The Trump Effect On Currencies
Targeting companies or entire nations on Twitter is an unprecedented and controversial method of communication for a President-elect - but one cannot argue with its effectiveness so far.
This widget provided by DailyForex.com Forex News & Brokers;
Written by Sig Silber
NOAA maintains the fiction that we have a La Nina and now forecasts two weeks of wet followed by two weeks of dry. This part of the forecast may indeed work out if the ridge forecast over the Western U.S. materializes. We should be having very interesting and highly changeable weather for the next 30 days at least. At this point, three storms are teed up to impact the West and Southwest within the next ten days. Then the pattern changes to a more dry pattern. The temperature changes may be even more rapid.
by Dan Steinbock, Difference Group
PLAYING RUSSIA AGAINST CHINA?
Trump has pledged to reset the White House policies on 'America First' basis. In Asia, it may mean an effort to balance with Russia against China - the reverse of US China approach in the 1970s.
by Doomstead Diner
-- this post authored by Eddie
Discuss this article at the Marathon Man Newz Table inside the Diner
A few take-aways for anyone considering buying into pot stocks. These are the things you won't read anywhere else.
17Jan2017 Market Update: Wall Street Afternoon Activity Slows, Major Indexes Down Fractionally, More
17Jan2017 Pre-Market Commentary: Wall Street To Open Flat On The Red Side, Crude Prices Climb, US Do
Average gasoline prices fell 2.9 cents this past week following the previous week's 1.1 cent rise.