Recent book on Keynes by Harvard economist Stephen A. Marglin .Lars P. Syll’s BlogRaising KeynesLars P. Syll | Professor, Malmo University
Read More »OECD’s ‘Understanding Financial Accounts’ On The Importance Of Stock-Flow Coherent Models — Ramanan
Wynne Godley.The Case for Concerted ActionOECD’s ‘Understanding Financial Accounts’ On The Importance Of Stock-Flow Coherent ModelsV. Ramanan
Read More »Links — 7 Oct 2021
The Vineyard of the Saker (the United States’ and its allies’ military biological activities on their national territory also cause serious compliance concerns)Joint Statement: Foreign Ministers of Russia and China : Biological WeaponsThe SakerMoon of AlabamaHow The 'China is a Threat' Fake News Cycle WorksTASSSpeaker warns West’s schemes to influence Russia’s elections becoming more sophisticatedNEOFrance and Britain Cling on Jealously in their Former ColoniesVladimir DanilovSputnik...
Read More »‘This Is a Battle Between What People Need & What Money Wants.’ How’s That Going to End? — Thomas Neuburger
Before the revolution.Without a revolutionary approach, one that clean-slates the leaders of whoever holds power in government, there will be no meaningful change.There will be change, and it will be meaningful in the margins, like better mileage standards for gas-burning cars, and meaningful for some or many groups, like DREAMers, perhaps, or working families in need of child care.But there will be no meaningful change, change that solves the unsolvable for everyone. We will never get off...
Read More »The trillion-dollar coin scheme, explained by the guy who invented it — Dylan Matthews
The saga well-told. (Some of us here were involved at the inception, first surfaced on Warren Mosler's blog when his comment section was still active. That was in 2010.)VOXThe trillion-dollar coin scheme, explained by the guy who invented itDylan Matthews
Read More »Op-ed: Why everything that can be automated, should be automated: Levi Strauss CFO — Harmit Singh,
No-brainer. Increased efficiency and productivity, lower costs, and standardized production. The Luddite argument doesn't apply since jobs that can be automated and robotized are "shit jobs" that machines should be doing rather than people, whose time can be put to better use. Paid leisure is a better use but there are a lot of other substitutes for "shit jobs." Of course, this would require re-configuring the system, which is both an economic and political matter, but it is doable.NetNet...
Read More »FRED Blog — An update on Venezuela’s troubled economy
Bad numbers, but only the numbers. No mention the full-on assault by the US and its vassals to destroy the Venezuelan economic by siege tactics for ideological reasons that mask the real intent to plunder the country's resources again in the name of spreading freedom and democracy.FRED BlogAn update on Venezuela’s troubled economy
Read More »KazPost — IMF boss says global economy risks return of Great Depression
The head of the International Monetary Fund has warned that the global economy risks a return of the Great Depression, driven by inequality and financial sector instability.Speaking at the Peterson Institute of International Economics in Washington, [Bulgarian economist and former head of the World Bank] Kristalina Georgieva said new IMF research, which compares the current economy to the “roaring 1920s” that culminated in the great market crash of 1929, revealed that a similar trend was...
Read More »Debt ceiling "deal." Default temporarily averted.
McConnell proposes a debt ceiling "fix" for now. But the main focus should still be on fiscal flows. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/
Read More »Links — 6 Oct 2021
MintPress News How Bellingcat Launders National Security State Talking Points into the PressAlan MacleodTurcopolierWould the US go to war with China over Taiwan?Col. W. Patrick Lang, US Army (ret.) PluralisticWe paid to develop Merck's covid pillCorey DoctorowAlterNetArnold Schwarzenegger compares Jan. 6 to the Kristallnacht of Nazi Germany: 'This whole thing can go really quickly south'Alex HendersonMR OnlineForbes reveals why the U.S. Government is trying to extradite Venezuelan diplomat...
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