Pages

▼

Pages

▼
Thursday, July 23, 2020

US coronavirus cases pass 4 million in rapid acceleration

›
It took the country 98 days to reach 1 million cases, but just 16 days to go from 3 million to 4 million. The average number of new US cases...
1 comment:

Greater Russia: Is Moscow out to subvert the West? — Richard Sakwa

›
Longish article delving deep into the background and issues. Maybe save it for weekend reading. Short answer: Russia rejects Western all-...
1 comment:

A Job Guarantee Costs Far Less Than Unemployment Pavlina R. Tcherneva

›
Foreign Affairs is an American magazine of international relations and U.S. foreign policy published by the Council on Foreign Relations ,...
20 comments:

Bill Mitchell — RBA governor denying history and evidence to make political points

›
Today, the Australian Treasurer is out in force telling us that the fiscal situation is dire and that they have to start making cutbacks. ...
1 comment:

Why the euro has to be abandoned if Europe is to be saved — Lars P. Syll

›
Unless the euro is abandoned it is looking more and more choosing between totalitarian international capitalism and populist nationalism. ...
1 comment:
Wednesday, July 22, 2020

Why Covid-19 Breaks Our Brains

›
One of the reasons COVID-19 spreads so fast is because it creates Covidiots. These people think COVID-19 no big deal and spread the virus ev...
2 comments:

Deutsche Bank's Top Credit Strategist Makes Stunning Admission: "I Am A Gold Bug; Fiat Money Is A Passing Fad In The History Of Money" — Tyler Durden

›
Meanwhile, gold standard advocate Judy Shelton's confirmation to the Fed is advancing in the Senate. Zero Hedge Deutsche Bank's ...
9 comments:

Democrats Unveil Draft Foreign Policy Platform With Promises to End "Forever Wars" and "Regime Change" — Alex Emmons

›
 Progress. Progessives seem to be having an impact. The Intercept Democrats Unveil Draft Foreign Policy Platform With Promises to End ...
3 comments:

Garbage in, Garbage out, again — Paul Robinson

›
I’ve complained before about the habit of the intelligence community of inviting evidence from a very narrow group of experts, occupying wh...

My latest podcast is out. I go after the dopey MMT critics.

›
Here is my latest podcast. Enjoy.
1 comment:

How Australia could reduce unemployment to 4% in 12 months — Anastasia Santoreneos

›
  Interview with Bill Mitchell.   Yahoo Finance AU How Australia could reduce unemployment to 4% in 12 months Anastasia Santor...

Debunking the distributional status quo — Nick Johnson

›
Important observatin by Geoffrey Hodgson on marginal productivity and system embeddedness. Conventional economists don't do systems wel...
3 comments:

How has Corruption driven China’s Rise? Yuen Yuen Ang discusses her new book — Duncan Green interviews Yuen Yuen Ang

›
Should-read. I would add that now the role of  corruption is being addressed acedemically and is found to be a good thing in certain respe...
1 comment:

Bill Mitchell — MMTed Q&A – Episode 8

›
This is Episode 8 in the MMTed Q&A series. This week, my special guest was Warren Mosler, one of the founders of MMT. We talked about t...

Cold Wars & Profit — Craig Murray

›
As always, follow the money, power and prestige. That's all that neo-feudal elites care about. Consortium News Cold Wars & Prof...
Tuesday, July 21, 2020

Patrick Lawrence — Cold War Escapades in the Pacific

›
US can't let go of a changing status quo and creates a fantasy instead, Patrick Lawrence relates. Consortium News PATRICK LAWRENCE:...

Jack Ma’s Ant IPO Signals Start Of De-Dollarization Ye Xie, Bloomberg

›
Back in China, the biggest news overnight was that Jack Ma’s Ant Group is seeking a valuation of more than $200 billion as it goes public i...
3 comments:

LETTER: Monopoly bored game needs a reality update — Winston Travis

›
Originally called The Landlords Game, Monopoly can be used to illustrate modern monetary theory Hint: Opportunity for someone to design an...
10 comments:

America Doesn't Have a Debt Problem, Economist Stephanie Kelton Says — Jack Hough interviews Stepahanie Kelton

›
Transcript Barron's America Doesn't Have a Debt Problem, Economist Stephanie Kelton Says Jack Hough interview Stepahanie Kelton...

Bill Mitchell — An old central banker trying to come to terms with MMT – not quite getting there

›
Last week (July 14, 2020), a former deputy governor of the Reserve Bank of Australia (RBA), Stephen Grenville wrote an article – Modern Mo...
Monday, July 20, 2020

Arming Up

›
Brazil is arming up. SouthFront In Major Defence Policy Shift, Brazilian Defence White Paper Advocates Preparing For Possible War With N...
4 comments:

The MMT Approach in a Nutshell — NeilW

›
… A guaranteed alternative job replaces bank credit manipulation [by monetary policy] as the stabilisation process. The production system g...
10 comments:

China’s Economy – and Globalization – A Look into the Future — Patrice de Bergeracpas

›
The last six months, governments around the world have almost unilaterally committed an auto-destruction of their socioeconomic fabric and...
2 comments:

Douglas, J. W., & Raudla, R. (2020). What Is the Remedy for State and Local Fiscal Squeeze During the COVID-19 Recession? More Debt, and That Is Okay.

›
MMT makes The American Review of Public Administration. Hat tip to Scott Fullwiler (@stf18) on Twitter. Sci-Hub Douglas, J. W., & ...

Bill Mitchell — Latest Australian payroll data suggests employment damage from shutdown is worse than thought

›
The evidence that is mounting is allowing researchers to better assess the damage that is emerging from the way in which we are dealing wi...
1 comment:

Lars P. Syll — MMT = Keynes 2.0

›
Alan Kohler quote. Lars P. Syll’s Blog MMT = Keynes 2.0 Lars P. Syll | Professor, Malmo University
1 comment:
Sunday, July 19, 2020

Links — 19 July 2020

›
Bill Totten's Weblog The US is Militarily & Economically Impotent Scott Ritter, former USMC intelligence officer RT ‘Attempt t...

Changing Budgetary Procedures: Outline Of The MMT Approach — Brian Romanchuk

›
MMT criticism has shirted away from affordability (budget constraint) and fiscal responsibility (default constraint) to an inflation constra...
10 comments:

Lars P. Syll— Keynesian vs Newtonian economics

›
James K. Galbraith quote. It's a should-read. Should also read the article from which the quote is extracted. JKG draws a parallel...
3 comments:

Coronavirus concern: More than half of all COVID-19 patients found to have damaged hearts

›
An international survey of heart scans in people treated for COVID-19 found that 55 per cent of patients had an abnormality. One in seven ...
17 comments: