Palestinademonstrationer med dubbla budskap Under året som gått har pro-palestinska demonstrationer hållits varje vecka i Malmö. För några dagar sedan publicerade Sydsvenskan en granskning av dessa demonstrationer och kunde avslöja att demonstranter — på arabiska — uppmanar till terrorstöd och fortsatt krig. Detta har tydligen inte fallit en del av demonstranterna på läppen. I torsdags sökte man därför upp reportern Inas Hamdan utanför hennes bostad och...

Audio and summary of talk.interest.co.nzIn the latest episode of our Of Interest podcast, Steven Hail gives the MMT perspective on the monetary system, inflation, climate change & moreGareth Vaughan

[unable to retrieve full-text content]Luca Placidi: Welcome, everybody. It is a great pleasure and honor to have with us today Professor Michael Hudson. For those who still do not know him, Michael is a professor of economics at the University of Missouri-Kansas City, and he is a researcher at the Levi Economics Institute at Bard College. Just to mention Continue Reading The post Barbarism or Civilization first appeared on Michael Hudson.

In a previous post, I analyzed what Canadian corporations are doing with their profits. I described how across almost every sector of the economy, corporations are distributing more of their profits to owners than they are investing. In this brief post, I’m going to describe what Canadian corporations are doing with funds acquired through issuance of debt and equity securities. I will be using StatCan data on corporate issuances of long-term debt and equity. Unfortunately, the data...

From The Guardian Among many other challenges in dealing with the failure of urban policy in Australia, the Minns (NSW state) government is faced with the task of renegotiating, or repudiating, the disastrous set of contracts for toll roads in New South Wales made by its predecessors (Labor and Liberal) with the Transurban group. As a review by Allan Fels and David Cousins has found, the government is at risk of being held hostage by toll operators. According to Fels and Cousins,...

Scientists have concluded a few years ago the Earth has entered a new climate state. This is one not seen in more than 100,000 years. Read elsewhere, that conclusion was part of a climate assessment report  published by the Intergovernmental Panel on Climate Change (IPCC) in 2021. In 2024, we are threading in new temperature events which do not bode well for us. The Hottest Day in 125,000 Years? The Atlantic Monday was likely the hottest day on...

Reducing private debt is crucial for economic stability. Yet, mainstream economists like Paul Krugman and Ben Bernanke seem to think otherwise. They argue that debt doesn't matter because one person's debt is another person's asset. This belief is fundamentally flawed. Why? Because it ignores the reality of debt dynamics. When households are drowning in debt, they cut back on spending. Less spending means less income for businesses. Less income for businesses means layoffs. Layoffs mean...

Coincident real GDP metric is good, but leading indicators from the GDP report are not: is the Fed listening?  – by New Deal democrat Real GDP grew 0.7% in Q2, or a 2.8% annualized rate, a perfectly good number in line with the past three years: Probably even more importantly, the GDP deflator increased 0.6% for the quarter, or at an annualized rate of 2.3%. As the below graph shows, this is a perfectly normal rate going back to the start...

by Gregg Colburn and Clayton Page Aldern Homelessness is a housing problem Somewhat of a writeup on homelessness using a review and the author’s introduction to the economic problem. Amazon published review of the book, “Homelessness Is a Housing Problem.” Authors Gregg Colburn and Clayton Page Aldern seek to explain the substantial regional variation in rates of homelessness in cities across the United States. In a departure from many...

Även vår politiska miljö har börjat degenerera till ett ovärdigt spektakel. Från falukorvsviftande till helikopterpresskonferenser och trollarméer är vi på väg mot ett scenario där jippo och gyckel alltmer ersätter substans och innehåll, där viljan att regera trumfar samhällsbygget. Anti-intellektualismen är utbredd i vårt land. Skepsis mot experter och forskare blir allt vanligare … Vi har avverkat mycket av utrymmet för idédebatt medialt. Istället...