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Monday, June 25, 2012

Warren Mosler on "deposits create reserves"

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From comments at The Center of the Universe Y Reply: June 25th, 2012 at 10:18 am Warren, “the fed allows it’s member banks- it’s design...
4 comments:

Warren Molser on politics and the JG

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From a comment at The Center of the Universe: Warren Mosler Reply: June 25th, 2012 at 9:23 am I was the first to show how an employed bu...
21 comments:

Occupy Dallas General Assembly proposal to endorses the Mosler Plan after Mosler appearance

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Proposal endorsement of Mosler's 3-point plan After hearing an explanation of Modern Monetary Theory by Warren Mosler, Occupy Dallas...
7 comments:

Fiat Nonsese in an Age of Reasoned Ignorance

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Who expected British fraud, US crime, Teutonic discipline, banking, reason, logic and comedy to converge in such unprecedented combinations...
41 comments:

Yanis Varoufakis — It All Began With A Strange Email

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Garth Brazelton  of Reviving Economics says this is fascinating. It is. Read it at Valve Economics It All Began With A Strange Email by...
7 comments:

Steve Waldman does economics and ethics

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Good post. This is a subject that needs airing. I would go further into class analysis and the worker-ownership relationship in neoliberal ...
8 comments:

Division of labor was pre-Smithian

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"Division of labor" was not an invention of Adam Smith. Read it at INET |  History of Economics Playground (very short) Divisi...

Bill Moyers interviews Matt Taibbi and Yves Smith

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Matt Taibbi and Yves Smith Interview: Moyers & Co. (26:56) The tangled web of banks and government with Rolling Stone's...
Sunday, June 24, 2012

Joe Brewer — The REAL reason conservatives always win

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Conservatives, you don't need to read this. You are already doing the right thing. Progressives ignore it at your peril. Progressive...
6 comments:

Dr.Housing Bubble on how the US command system affects housing

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The Federal Reserve has essentially gone Soviet Union on the US housing market. Without a doubt this has caused a mini-boom in the market ...

BIS warns about moral hazard and threat of second leg down

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The Bank for International Settlements said in its annual report that the world economy remains out of balance, with advanced economies str...
3 comments:

Yanis Varoufakis— And the Good Ship Greece Sails On: ‘Letter’ to an italian colleague

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A few weeks ago I was approached by Andrea Adriatico, a theatre director from Bologna’s Teatri Di Vita with an interesting request: Could I...

Corporatizing the Public University v. Open Source Education

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This is a follow-up post by Carter and Links to  Teresa Sullivan University Of Virginia Ouster Led By Political Donors Lacking Academic Exp...
11 comments:
Saturday, June 23, 2012

beowulf — Coin of Destiny

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People are starting to write about the Trillion Dollar Coin again, which can only mean one thing… Tsy is fast approaching the debt ceiling....
41 comments:

beowulf sleuths a numistmatic option in addition to the platinum coin

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From the comments on the platinum coin : ... there's another way Tsy could mint its way around the debt ceiling. I've read in a c...
2 comments:

Aristides Hatzis — Back to the 1930s: the hammer, sickle and swastika

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Yikes. Aberration , or shades of things to come? Read it at The Financial Times | Opinion Back to the 1930s: the hammer, sickle and swa...
18 comments:

Izabella Kaminska — The exponential growth in solar consumption

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Good sign. Read it at The Financial Times | FT Alphaville The exponential growth in solar consumption by Izabella Kaminska (h/t Naked ...
2 comments:

Interview of Marc Lavoie by Philip Pilkington — Part II

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Must-read, along with Part I. Read it at Naked Capitalism New Directions in Monetary Economics: An Interview with Marc Lavoie – Part II ...
1 comment:
Friday, June 22, 2012

David Bollier on the significance of the idea of the commons

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One of my working hypotheses has been that commons discourse has great power because it is able to function as an open platform. It is bo...
1 comment:

Anyone Still Denying Control Fraud?

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This example should disabuse you of the notion that Control Fraud hasn't returned, and grown. Jury convicts Ind. financier in $200M frau...

Who are the real job creators? (Guest Post)

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This is a guest post by Jonathan Krajack. Jon told me he learned a lot about economics and MMT by reading this blog and he wanted to make a...
63 comments:

Corrente — Platinum coin enters the main stream

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Matthew Yglesiasis promoting the idea and Atriosis pointing to it.   Apparently, neither Letsgetitdone [Joe Firestone] nor Corrente is t...
14 comments:

Benchmarking macroeconomic theory against reality

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I am now using Friday’s blog space to provide draft versions of the Modern Monetary Theory textbook that I am writing with my colleague and...

Republicans lead the poorest states

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Here's a breakdown of per capita income in the 50 states. National per capita income is $42,070. As you can see the majority of the sta...
7 comments:

Great Rebuttal to McConnell’s War of Misinformation on Open Government

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A war is being waged against the DISCLOSE Act. Its Commander in Chief is Senator Mitch McConnell, his secret weapon is misinformation and hi...
1 comment:

Can't See the Situation for the Money

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While we're limiting currency supply - by foolishly trying to hoard it, and to stabilize the "buying power" of a dynamic asse...
8 comments:

The real story on government debt...

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Please see the graph below that shows the breakdown of central government debt of 10 countries as a percentage of GDP. In the case of the U...

Cease, Forever, the Practice of Calling Fiat Currency Creation a Deficit.

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It's currency creation that denominates any economic growth. In another investors interview , Warren Mosler once again explains mone...
48 comments:

Deena Stryker — Why Iceland Should Be in the News, But Is Not

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Refusing to bow to foreign interests, that small country stated loud and clear that the people are sovereign. That’s why it is not in ...
2 comments:
Thursday, June 21, 2012

Humor

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Shared by Occupy Together on FB
1 comment: