Farewell. The Flying Pig Has Left The Building.

Steve Hynd, August 16, 2012

After four years on the Typepad site, eight years total blogging, Newshoggers is closing it's doors today. We've been coasting the last year or so, with many of us moving on to bigger projects (Hey, Eric!) or simply running out of blogging enthusiasm, and it's time to give the old flying pig a rest.

We've done okay over those eight years, although never being quite PC enough to gain wider acceptance from the partisan "party right or wrong" crowds. We like to think we moved political conversations a little, on the ever-present wish to rush to war with Iran, on the need for a real Left that isn't licking corporatist Dem boots every cycle, on America's foreign misadventures in Afghanistan and Iraq. We like to think we made a small difference while writing under that flying pig banner. We did pretty good for a bunch with no ties to big-party apparatuses or think tanks.

Those eight years of blogging will still exist. Because we're ending this typepad account, we've been archiving the typepad blog here. And the original blogger archive is still here. There will still be new content from the old 'hoggers crew too. Ron writes for The Moderate Voice, I post at The Agonist and Eric Martin's lucid foreign policy thoughts can be read at Democracy Arsenal.

I'd like to thank all our regular commenters, readers and the other bloggers who regularly linked to our posts over the years to agree or disagree. You all made writing for 'hoggers an amazingly fun and stimulating experience.

Thank you very much.

Note: This is an archive copy of Newshoggers. Most of the pictures are gone but the words are all here. There may be some occasional new content, John may do some posts and Ron will cross post some of his contributions to The Moderate Voice so check back.


Monday, November 28, 2011

Edward Hugh -- The Euro is Terminal

By John Ballard

Reading macroeconomics is like watching the Winter Olympics. I'm thinking of all those swift downhill sports like skiing and luge where contestants deliberately allow their bodies to be sped by gravity on downward surfaces with nothing between them and the ice but skies or sleds without brakes. We watch in amazement as they do what normal morals cannot, often at the same time making their achievements look easy.

Edward Hugh is a macro economist, who specializes in growth and productivity theory, demographic processes and their impact on macro performance, and the underlying dynamics of migration flows.

Macroeconomics, like most specialties, is not quick and easy reading. But with a bit of cribbing a non-economist can learn enough to follow the action at least as well as those of us who watch the Winter Olympics on TV. Hugh's most recent commentary at Don't Shoot the Messenger, his blog at Roubini's EconoMonitor, is entitled Last Days of Pompeii?  Here are a few terms that may help -- IMF (International Monetary Fund), ECB (European Central Bank), AFSF (European Financial Security Facility), Eurobonds (not the same as individual national bonds) and World Bank, which is not the same as the IMF.

All those blurbs the news people keep putting up about the European debt crisis are more than just background information for trivia buffs. They have real-world consequences for everybody. We don't know when or exactly how but it is logical to expect that one day soon in the not too distant future there will be casualties. As in the Winter Olympics (or an equally exciting auto race or air show in Nevada) we don't know when it might happen or who or how many casualties there may be. But we can be sure that a disaster is gonna happen.

Now clear your head, get something refreshing to drink, and go read the links.

1 comment:

  1. One can crib the economic offense by seeing whose bonds have been downgraded lately by Standard and Poors as well.