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Episode 8 (S2) of the Smith Family Manga is now available — Bill Mitchell

Today (November 15, 2024), MMTed releases Episode 8 in the Second Season of our Manga series – The Smith Family and their Adventures with Money. Have a bit of fun with it while learning Modern Monetary Theory….William Mitchell — Modern Monetary TheoryEpisode 8 (S2) of the Smith Family Manga is now availableBill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia

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Beyond Surface Economics: The Case for Structural Reform

[unable to retrieve full-text content]Michael Hudson discusses the evolving disconnect between modern economics and practical economic realities, using the example of American capitalism and its global influence. He critiques the shift towards finance capitalism and deregulation, comparing it to Thatcher-era England’s libertarian model, which minimized state intervention in the economy. This trajectory, according to Hudson, has led to a situation where government influence is overridden...

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They are Harming the Economy!

Denise Hearn returns to promote here latest book, The Big Fix: How Companies Capture Markets and Harm Canadians. Beyond the obvious examples of airlines, telcos, grocery chains, and banks, The Big Fix: How Companies Capture Markets and Harm Canadians shows how corporate concentration is growing across many industries, leading to higher prices for consumers, lower worker’s wages, more inequality, fewer startups, less innovation, and lower growth and productivity....

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Jobless claims complete their reversion to pre-hurricane-disruptions trend

[unable to retrieve full-text content]– by New Deal democrat Initial claims have now completely reverted to trend after their recent hurricane-induced blip. Initial claims rose 3,000 for the week to 217,000, while the four week moving average decreased -5,750 to 221,000. With the typical one week delay, continuing claims declined -11,000 to 1.873 million: On the more important YoY basis, […] The post Jobless claims complete their reversion to pre-hurricane-disruptions trend...

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"Why Climate Change is Ignored" Top Economist Warns | Brave New Europe

Engineers, Finance, and IT Pros: Learn 50+ years of Real Economics in only 7 Weeks. Weekly with me. Learn more: apply.stevekeenfree.com OR Join ~10,000 others in downloading my free 'Funny Money' Bundle (2 books, worth $60): new.stevekeenfree.com -- Timestamps: 00:00 The West's Indifference to Climate Change 00:15 Introduction to Steve Keen 01:08 Historical Context of Climate Change Research 02:02 The Limits to Growth and System Dynamics 04:34 Criticism and Denial of Climate Science 05:23...

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A Tale of Two Economies

[unable to retrieve full-text content]Anterevolution, France was pre-industrial, feudal, and broke.  Broke because its wealth (wealth that had been derived from the labor of serfs at home and slaves in her colonies, and the exploitation of indigenous peoples) had been wasted by its government and aristocracy on wars and extravagance.  By 1789, wars and lifestyle had bled the country […] The post A Tale of Two Economies appeared first on Angry Bear.

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Oh no…Eva Langoria leaving the U.S.!!!

Oh no, what will we do? "Privileged" (her words) Eva Langoria is leaving the U.S.!! What a loss.  Here's Eva, lamenting for all the rest of us who will be left behind.“Most Americans” are “going to be stuck in this dystopian country, and my anxiety and sadness is for them."Thank you, Eva, for your fake concern. We'll try to get by in this terrible country as best as possible. But before you go, can you please take all of your Hollywood asshole friends, too? America can't stand you and your...

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Paul Kengor’s The Devil and Karl Marx

Paul Kengor's The Devil and Karl Marx: Communism's Long March of Death, Deception, and Infiltration is a stupid and ignorant book. Kengor is particularly keen to chronicle atheist attacks from Marx and communists on religion. Juvenile Literary Works from Marx Kengor starts with a poem that Marx wrote when he was 19. Marx envisions himself, I guess, as a ferocious violin player, inspired by the devil. Apparently, Marx was a fan of Goethe. Kengor never uses the phrase 'sturm und drang'. He...

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