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From the Climate and COVID and Climate Correlations, the New Economics (2021) of Professor Steve Keen is the topic of this weekly series. Minsky software walkthroughs are common, so come by, we want to hear what you have to say. We are always looking for new and novel ways to look at a complex subject or to the issues that matter to us most. This video is about all of this and more.
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From the Climate and COVID and Climate Correlations, the New Economics (2021) of Professor Steve Keen is the topic of this weekly series. Minsky software walkthroughs are common, so come by, we want to hear what you have to say. We are always looking for new and novel ways to look at a complex subject or to the issues that matter to us most. This video is about all of this and more.
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
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| From the Climate and COVID and Climate Correlations, the New Economics (2021) of Professor Steve Keen is the topic of this weekly series. Minsky software walkthroughs are common, so come by, we want to hear what you have to say. We are always looking for new and novel ways to look at a complex subject or to the issues that matter to us most. This video is about all of this and more. |
Chris Hedges refers to these kinds of Christians as heretics. As they have done to the least of these…
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What was this 'blow-up"? Pray tell.
@9:40 it's easy to understand; tory normies do not vote for neoliberal pentacosts, they vote for the party that represents the upper class. Neoliberalism just happens to be the flavour of the half-century for the upper class, most could not care about religious affiliation. The christian far-right have gamed the system well, but as SK basically said, it's time to inoculate people against that sort of lunacy. They, the far-right and pentacosts, are also objectively anti-Christian in every meaningful sense.
@26:00 wow, the black pill speaking. There are still people who only use their smartphone for calls, like me. I have to take time-off to watch news on youtube. While there is a certainly a process of civilizational decline, there is also something else going on that is positive and progressive, creative, maybe obscured by mass entertainment, but it exists. The youth are involved, but not the youth with eyes glued to social media and "reality" shows, the other youth, and because they are not heavily online you do not see them.
@38:00 but also, to Scott's worry, stock of money does not cause inflation, it's the flow that matters. Turnover rate of $ exceeding real productive capacity to produce is what can put pressure on prices. Increasing the stock using bonds for the debt Jubilee is a good way to get the defered spending. But provided the lowest income earners get the biggest boost any increase in spending rate is going to be healthy inflation (diminishes purchasing power of hoarded wealth, while increasing purchasing power of the lowest wage). It is not about what $1 buys, it's about what your entire income can buy. (Reverse Thatcherism I call it. She worried about the price of one unit of bread & milk instead of worrying about how much bread & milk an entire annual coal miners wage could purchase, which hardly ever changed much, probably increased slightly even with crippling austerity.)
Also, you'd hope when people start seeing house prices come down they'll vote you back in. Housing prices relative to wages is a huge psychological driver, it can get a moron voting for you. A low wage moron at least. Also, push the Job Guarantee Steve, it is popular and easily defended since it is price stabilizer.
Our Greatest LIving Economist.
Can I believe in God without any religion? (there's more than 4000 of them…) Or I need "proof" to others of my faith and belong to one of centralized religious groups…
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