Banking Money Creation Explained Simply
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Disastrous Political Decision: Australia’s Internet
Disastrous Political Decision: Australia's Internet
Read More »Time to Rebuild an Island
I was stationed in Cuba at GITMO for almost a year. Came back stateside every 4-5 months. I could not tell you much about the country itself. We did get people coming over the fence to escape. Not sure what happened to them. I think it is about time we loosen up on this island. They are not much of a threat. The embargo plays out on the Cuban population mostly. Other countries are not looking kindly on the US embargo of Cuba. There is not much...
Read More »Black journalists always knew what Confederate monuments really stood for
A way-to-long-time in coming. These monuments should have been removed decades ago to begin the healing the wounds caused by Black Slavery. A good read by Donovan Schaefer as taken from The Conversation. October 2023 and nearly seven years after the deadly Unite the Right white supremacist rally, the statue of Confederate General Robert E. Lee in Charlottesville, Virginia, was melted down. Since then, two more major Confederate monuments have been...
Read More »Initial jobless claims still very positive, especially YoY
Initial claims still very positive, especially YoY – by New Deal democrat Before I get to this morning’s personal income and spending report, let’s get the latest weekly update to jobless claims out of the way. New jobless claims rose 13,000 to 215,000, while the four-week moving average declined -3,000 to 212,500. Continuing claims, contrarily, rose 45,000 to 1.905 million, their second highest reading in over 2 years (but remains...
Read More »Complexity and Econ 100
from Maria Alejandra Madi and RWER issue 106 Complexity is characteristic of a system that preserves the differentiation among its constituent elements while also preserving their identity. Complexity also implies dynamic systems, that is to say, open totalities of interrelated parts constantly changing in spacetime. The complexity of a system is related to the coexistence of intertwined parts in spacetime and complexity is intrinsic to real-world natural, economic and social processes...
Read More »Monetary Policy at the ECB
This week have Dirk Ehnts as a a guest on the livestream. Dirk (born 1977) is a German heterodox economist. He is one of the leading proponents of Modern Monetary Theory in Europe. Ehnts worked as a visiting professor at the Berlin School of Economics and Law between 2012 and 2014, where he taught classes on macroeconomics, money, and currency. Within that period, he undertook a semester off to work as visiting professor at the Latin America Institute of the Free University of Berlin. In...
Read More »Stand your ground
When we moved to Missouri in 1982, it was a purple state. In the last decade, it has become progressively more extreme right-wing. Now, in Missouri and more than 30 other states, each citizen is their own well regulated militia with the powers of judge, jury and executioner. Law-abiding citizens become collateral damage with no consequences. Sad.“The man accused of firing the first shots at the Kansas City Chiefs Super Bowl rally told authorities he...
Read More »New Economics Podcast: Can capitalism save the climate
Podcasts New Economics Podcast: Can capitalism save the climate Ayeisha Thomas-Smith is joined by Adrienne Buller and Brett Christophers By Ayeisha Thomas-Smith 29 February 2024 Worried about your carbon emissions? Don’t stress! You can pump out...
Read More »Revolutionizing Cosmology: Exploring Breakthroughs
Revolutionizing Cosmology: Exploring Breakthroughs
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