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With special guest, Clint Ballinger. Clint began his interest in economic development in the very long run while at The University of Texas at Austin. While there he worked with the World's oldest accounting tokens (Mesopotamian, 8000-3500 BC) under Denise Schmandt-Besserat and researched the development of both State and credit-money with a special interest in the debt-deflation work of Irving Fisher. For his M.A. in Political Science at The University of North Carolina at Chapel Hill he focused on modern uneven economic development, and went on to specialize in the interpretation of global econometric data for his PhD in Geography at Cambridge University. Website: https://clintballinger.com/
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With special guest, Clint Ballinger. Clint began his interest in economic development in the very long run while at The University of Texas at Austin. While there he worked with the World's oldest accounting tokens (Mesopotamian, 8000-3500 BC) under Denise Schmandt-Besserat and researched the development of both State and credit-money with a special interest in the debt-deflation work of Irving Fisher. For his M.A. in Political Science at The University of North Carolina at Chapel Hill he focused on modern uneven economic development, and went on to specialize in the interpretation of global econometric data for his PhD in Geography at Cambridge University. Website: https://clintballinger.com/
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NewDealdemocrat writes March JOLTS report: declines in everything, fortunately including layoffs
NewDealdemocrat writes Manufacturing treads water in April, while real construction spending turned down in March (UPDATE: and heavy truck sales weren’t so great either)
Eric Kramer writes Eric Segall tells us what he really thinks about the Roberts court
Angry Bear writes Supreme Court watchers mollified themselves (and others) with vague promises
| With special guest, Clint Ballinger. Clint began his interest in economic development in the very long run while at The University of Texas at Austin. While there he worked with the World's oldest accounting tokens (Mesopotamian, 8000-3500 BC) under Denise Schmandt-Besserat and researched the development of both State and credit-money with a special interest in the debt-deflation work of Irving Fisher. For his M.A. in Political Science at The University of North Carolina at Chapel Hill he focused on modern uneven economic development, and went on to specialize in the interpretation of global econometric data for his PhD in Geography at Cambridge University. Website: https://clintballinger.com/ |
There are lot of other drags on global trade. See "Panama Canal Low Water Levels: What This Means For Global Trade?" as a channel that covers shipping. Low river flow is creeping back into other major river transport. People don't appreciate the centrality of Mississippi, Danube/Rhine, Parana and Yangtze are.
Going to have to have you on the live stream!
God, I fear being a terror. Can you name the models on non-growth economies?
@GhostOnTheHalfShell YouTube deleted my reply.
Sent emial
@Ty Keynes It will if you don't own the channel.
Interesting idea about Fed accounts. I remember Mark Blythe said that Americans should have accounts at the Treasury already, and he imagined that the pandemic UBI payments could have been sent directly to our online treasury accounts. 🤷♀️ UBI would be a public good, right?
I think it would be a more efficient way to run a UBI if everyone had an account at the CB.
UBI is anathema to MMT.
I agree that there should be a network of socially owned and controlled and operated national and regional investment and retail banks to replace the iniquitous and inefficient private banking sector. However, I do not think the central bank should be included in that system. The reason I say this is that the central bank has a governance oversight role that would need to continue (as you say, the socially owned, controlled and operated banks would still be operated by flawed humans) and therefore it needs to be independent of the entities providing financial services. The important thing is to devolve financial power as locally as is necessary and to remove the profit motive.
Dan needs to drop the more carbon nonsense, there are ways of decarbonising production. Banging on about degrowth is counter-productive. Dan needs to be educated in this regard. the degrowth agenda inevitably implies mass forced death. Drop it.