What to do when we can’t trust our own eyes (or at least, the videos we are looking at. I spoke last weekend at a panel discussion on Navigating Lies, Deepfakes & Fake News, organised by McPherson Independent. This a group promoting the idea of an independent community candidate in the (LNP held) electorate of McPherson. It’s part of the broader disillusionment with the two-party system we are seeing in Australia and also in the recent UK election. It was a great discussion....
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Mike Norman MMT Economics is live!
Tax the rich!
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Read More »Dow touches a record high, but pulls back.
Monetarist and FOMO buying keeping stocks elevated, but the market is highly speculative. 
Read More »NATO Focus: From Defensive to Offensive
[unable to retrieve full-text content]Geopolitical Economy Report #30 NATO vs voters: How the West’s warmongering threatens democracy and the Global Majority. July 12, 2024. RADHIKA DESAI: Hello and welcome to the 30th Geopolitical Economy Hour, the show that examines the fast-changing political and geopolitical economy of our time. I’m Radhika Desai. MICHAEL HUDSON: And I’m Michael Hudson. RADHIKA DESAI: Continue Reading The post NATO Focus: From Defensive to Offensive...
Read More »Season 2 of our Manga – The Smith Family and their Adventures with Money — Bill Mitchell
Today (July 12, 2024), MMTed releases Episode 1 in the Second Season of our Manga series – The Smith Family and their Adventures with Money. We have spent the last several months developing the storylines and graphics and Season 2 will run from today to December 6, 2024 with episodes appearing on a fortnightly basis.Have a bit of fun with it while learning Modern Monetary Theory (MMT) and circulate it to those who you think will benefit …William Mitchell — Modern Monetary TheorySeason 2 of...
Read More »Summer
Leave the city, go out to our summer residence in the Karlskrona archipelago, open the doors to the terrace, sink into the recliner with a cup of coffee, and just enjoy these wonderful tones flowing from my old Thorens record player… [embedded content]
Read More »Deaton on labour shortages and wages
from Lars Syll ZEIT: Today, the debate focuses on the labor shortages facing many industrialized countries. Angus Deaton: I am always cautious when people talk about a scarcity of labor but don’t talk about wages. The argument always is: Americans don’t want to do these jobs, Germans don’t want to do these jobs. So we have to have migrants. But in many cases, it is not that Germans or Americans don’t want to do these jobs, but that they don’t want to do them at the wages we can pay...
Read More »Housing and homelessness in London (England)
[unable to retrieve full-text content]I recently helped organize a housing and homelessness study tour of London (England). Here’s a ‘top 10’ overview of what we learned:https://nickfalvo.ca/affordable-housing-and-homelessness-in-london-england/
Read More »Thinking back 50 years to Nixon’s resignation.
Thinking back to President Nixon's resignation in 1974 due to the Watergate scandal, it almost seems juvenile by today's level of scandals. Nevertheless, Nixon resigned. (He would have been impeached by the Senate anyway, most likely.)Now we have a geriatric, senile old man who can't find his way off a stage or put intelligible sentences together and who is under pressure from his own party but won't step down for the good of the country. The total collapse of integrity and accountability...
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