I’ve been posting on Armistice Day ever since I started this blog back in 2002, arguing against war and lamenting the disaster of the Great War which has cast a shadow over all of our subsequent history, including the terrible wars that afflict the world today. This year, I’m too depressed to say anything more, except to express the hope that peace will come one day. Share this:Like this:Like Loading...

What people mean when they ask this?

A commenter on AB recently noted that EVs are dead, to which I responded that there sure are a lot of zombie EVs here in East Providence.Kevin Drum has a post up about EVs showing that zombie EVs have been proliferating exponentially since 2011 and arithmetically since 2020. So many dead EVs. Who knew?zombie EV sales Tags: Electric vehicle sales ...

from Shimshon Bichler and Jonathan Nitzan [1] The Hamas-Israel War The 2023 war between Hamas and Israel elicits many different explanations. As with previous regional hostilities, here too, the pundits and commentators have numerous overlapping processes to draw on – from the struggle between the Zionist and Palestinian national movements, to the deep hostility between the Rabbinate and Islamic churches, to the many conflicts between Israel and Arab/Muslim states, the contentions between...

When I started as a PhD student at UNC-Chapel Hill, my stipend as an NIH trainee was $3900/year (ca. $20K in today’s dollars). When I started as a postdoc at Washington University in 1982, my salary was $12,800 (ca. $41K in today’s dollars). At the time, I regarded this as the opportunity cost of PhD and postdoc training. 2023 me is satisfied that I was able to make up that opportunity cost on the spreadsheet, not to mention job satisfaction that...

Given yesterday’s detailed monetary policy analysis, I am using today to present an array of news items and some brief analytical thoughts on central bank monetary policy. The latter is based on a very interesting speech that the governor of the Bank of Japan gave in Nagoya earlier this week. The juxtaposition with the way the Western central banks are behaving at present is stunning. There is also some self promotion and some announcements. Then we get to listen to Ron Carter. A good day...

Episode 4 in our new weekly Manga series – The Smith Family and their Adventures with Money – is now available. Have a bit of fun with it and circulate it to those who you think will benefit …William Mitchell — Modern Monetary TheoryThe Smith Family manga continues – Episode 4 is now availableBill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia

Historic changes in sentiment, only to turn around and go the other way on powell’s comments. 

Capitalism.

Gerald Kutney joins the stream this week. Gerald is a commentator on the news media and social media on the politics of the climate crisis. He has authored the books Carbon Politics and the Failure of the Kyoto Protocol and Climate Denial in American Politics: #ClimateBrawl. He has a Ph.D. in chemistry and is an elected Fellow of the Royal Canadian Geographical Society. He was an adjunct professor at the University of Northern British Columbia and taught the graduate course Climate Change...