For the record. Not the best presentation of MMT, but it takes a positive approach. It is more or less correct, even though there are some major mistakes. So some progress on balance.Although MMT has kind of faded into the background lately, on the blogs at least, the message still seems to be filtering out there.New Trader U — Empowering Your Financial JourneyModern Monetary Theory ExplainedSteve Burns

Each day, I get an array of emails in my In-Box offering up articles, what they think can be interesting reads, or junk. Some are hawking subscriptions too. I like to subscribe to news letters and magazines. The problem being, I never get a chance to finish reading them all. SCOTUS Billionaire Gifts to Thomas: Generosity or Taxable Income? levernews.com, Freddy Brewster, Lucy Dean Stockton, Katya Swank. If billionaires’ largesse was designed to...

Japanese Economic Miracle: Explosive Growth

Infidel introduced me to Annie’s blog and Annie. Angry Bear lacks for a female writer who can discuss the issues from a women’s point of view, economics impacting them, and other needs. Annie provides a different perspective than what I have on the many topics we discuss at Angry Bear. I am fortunate that Annie allows me to draw from her site “annieasksyou . . . . Our Woefully Underestimated Vice President and the Unforgiving Chattering...

No Christmas celebration on this blog this year. But a story about communities: the Commons of Buren and Hollum on the Waddensea island of Ameland. Commons have been studied by Elenor Ostrom. Studying Commons is of prime importance: we only have one earth. Reading Ostrom makes one optimistic. One of the things she mentions is the age of commons. Often, they survived centuries. Commons, which invariably voluntarily set limits on the use of resources, are sustainable. The Ameland Commons...

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President Joe Biden “has been clear that we welcome manufacturers across the world building their futures in America with American jobs and American workers. However, he also believes the purchase of this iconic American-owned U.S Steel company by a foreign entity — even one from a close ally — appears to deserve serious scrutiny in terms of its potential impact on national security and supply chain reliability.” Labor in the form of United...

Why Socialism Fails

Yves Smith at Naked Capitalism posted this Yale Climate Connections commentary on vehicle speeds impacting urban climates. Where I live in AZ, speed limits, stop signs, and stop lights are just suggestions. They are not followed religiously and the accidents are often tragic. Quite a few crosses marking accident spots line the highway out of the city. In a win for the climate, urban speed limits are dropping, Yale Climate Connections, Sarah...

Revealing the Government's Oligarchic Secrets