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Steve Keen considers the following as important:
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Topics:
Steve Keen considers the following as important:
This could be interesting, too:
Jeremy Smith writes UK workers’ pay over 6 years – just about keeping up with inflation (but one sector does much better…)
Robert Vienneau writes The Emergence of Triple Switching and the Rarity of Reswitching Explained
Lars Pålsson Syll writes Schuldenbremse bye bye
Robert Skidelsky writes Lord Skidelsky to ask His Majesty’s Government what is their policy with regard to the Ukraine war following the new policy of the government of the United States of America.
Only because the governments have monopolised the creation of currency NOT money.
Rather obviously I create money by way of my labour.
So you're a counterfeiter then?
@ProfSteveKeen you certainly have your work cut out for you Mr Keen. Explaining economics in the presence of the Dunning Krueger effect must be exhausting
@Luke Gardner You got that right!
@ProfSteveKeen My work is a commodity, as a result of what it represents cannot exist without my labour. Unlike currency that is magicked up out of thin air by banks and governments that have completely monopolised all payments with their currencies that we are forced to use as money. Surely in a free market, which we do not have, I get to choose how much I am paid and with what form of money except that the bullies that are government insist in their currencies.