Men kartläggning och analyser av detta slags släktbaserade nätverk som genom hot om våld och trakasserier ut­övar stor makt i invandrartäta förortsområden och genom detta allvarligt förhindrar integration lyser med sin frånvaro … I Sverige får man ha vilka värderingar man vill. Att omfatta och propagera för till exempel kommunistiska, islamistiska, kristna, reaktionära, feministiska, patriarkala och även totalitära värderingar ingår i de fri- och rättigheter som grundlagen...

A federal judge in Louisiana declares a state can not use race as a reason to reject a project which may cause pollution. Stating “’Pollution does not discriminate,’ and that if a regulating authority had to consider race in its enforcement decision making, it will ‘indeed participate in racism.’” The new ruling bars Louisiana from considering whether to permit industrial facilities in communities already facing a disparate impact from pollution....

A relatively long piece on Carbon Capture by Vox. It does touch on every topic concerning capture and storage. Oil companies sold the public on a fake climate solution — and swindled taxpayers out of billions by Amy Westervelt Vox This spring, Democrats wrapped up a nearly three-year investigation into the fossil fuel industry’s role in climate disinformation and asked the Department of Justice to pick up where they left off. In House...

Randomization — a philosophical device gone astray When giving courses in the philosophy of science yours truly has often had David Papineau’s book Philosophical Devices (OUP 2012) on the reading list. Overall it is a good introduction to many of the instruments used when performing methodological and science theoretical analyses of economic and other social sciences issues. Unfortunately, the book has also fallen prey to the randomization hype that...

and of a 3% inflation target? There is some risk of recession in the USA because the FED insists on driving inflation down to 2%.  Oddly back in the naughts when inflation was persistently below the 2% target, there was more discussion of raising the target. Then IMF chief economist discussed it. Paul Krugman advocated it: “The basic point is that a higher baseline for inflation would make liquidity traps, in which conventional monetary policy...

Are we about to experience a crash in oil prices? 

This is a brief introduction to the housing state of affairs in Arizona. It is building up quickly. Builders, declarants, and corporate HOAs have a great swath of control over what is occurring. None of which has controlling input from residents. What I am also seeing in the Planning and Zoning Commissions is ignorance on how these developments should be dealt with regard to lot sizes, roads, etc. They are more of a rubber stamp. These communities...

Some of the nity-gritty involving payments systems that underlies some institutional arrangement needed to understand MMT's analysis.Bond EconomicsWholesale Payments Systems and Bank ReservesBrian Romanchuk

 Yves Smith's introductionYves here. It is frustrating to see a normally solid YouTuber almost go off the rails by getting outside his area of expertise, geopolitics, and fall for libertarian scaremongering. We’ve commented before on the tendency of certain schools of commentary to fall into belief clusters, so anti-globalists are anti-dollar hegemony (and often crypto fans) to the degree that they have not bothered understanding how a currency issuer like the US operates. A currency issuer...

I am travelling all day tomorrow so I am bringing forward the normal blog post to today. I am pleased to announce that from today the MMT MOOC which we ran through the University of Newcastle’s edX facility over the last few years is now available through MMTed on an on-going basis. Read on to get the full details and access. William Mitchell — Modern Monetary TheoryModern Monetary Theory: Economics for the 21st Century – MOOC – now available via MMTed.orgBill Mitchell | Professor in...