Sheol Yanis Varoufakis Scoil Gheimhridh Uí Chadhain 2022, deireadh seachtaine d'oideachas polaitiúil faoi scáth an mhana 'Fuascailt, Comhionannas agus Dlúthpháirtíocht'. Comhrá spleodrach a bhí ann a spreag an pobal s'againn go mór! Bainigí sult! Yanis Varoufakis launched Scoil Gheimhridh Uí Chadhain 2022, a weekend of political education under the watchwords of 'Liberty, Equality and Solidarity'. It was an...
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Worst week for the market since September!
Gee, I wonder why? Tax drain, just like September. I told you this would happen. But not to worry. Watch my August video where I told you this. https://youtu.be/fEiT-eV9PDA Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.mmteconomics.com/ Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/ Understanding the Daily Treasury Statement video course....
Read More »The Cause Of The 2008 Financial Crisis w/ Cullen Roche | The Bitcoin Layer
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Read More »Riksbankens räntechock skadar samhällsekonomin
Nyligen höjde Riksbanken återigen styrräntan. Förhoppningen är att de ökade räntekostnaderna ska dämpa efterfrågan och inflationsförväntningarna och därmed leda till en lägre inflation. Men räntehöjningar kommer sannolikt inte lösa inflationsproblemen. Däremot riskerar de att allvarligt skada den svenska samhällsekonomin. De ökade konsumentpriserna beror inte på låga räntor utan primärt på flaskhalsar från pandemin, ökade energi- och matpriser från kriget i Ukraina, att...
Read More »What To Do About Inflation? — John T. Harvey
I have handled numerous requests for interviews over the past few months, even some from high school and college students struggling with these same questions. My response has been the same every time and I will lay it out below. Suffice it to say at the outset that inflation, like Johnny Depp’s relationship status, is complicated.Forbes — Pragmatic Economics What To Do About Inflation?John T. Harvey | Professor of Economics, Texas Christian University
Read More »Kalecki’s alternative to Keynes and White and its consequences
[embedded content] Partial video (my fault) of the conference about the book edited by the late Jerzy Osiatynski and by Jan Toporowski published by Oxford University Press. Our chapter on Prebisch with Esteban Pérez is available in a preliminary version here.
Read More »Trump is far more dangerous than many believe
Some people believe that a DeSantis presidency would be a bigger threat to democracy than a second Trump presidency. The thought is that DeSantis is just as authoritarian as Trump, but more competent. I agree that DeSantis appears to be a dangerous authoritarian and he might well be more effective than Trump at undermining democratic control. However, there are reasons to think that a second Trump presidency would be more dangerous than a...
Read More »“All The News That Ain’t Anent,”
Weldon, others and I go back a way. All the way to the Best of the Fray on Slate. I am a numbers guy still steeped on the engineering side. Weldon is a journalist. Bad Crow Review, “All The News That Ain’t Anent,” Weldon Berger, (substack.com). New York Times journalists in mass strike for first time in 40 years New York Times journalists have committed some absolutely rotten journalism over the years, whether downplaying Hitler’s...
Read More »Fluke Switch Points
Exploring perturbations of four examples of fluke switch points provides a brief survey of some aspects of prices of production. The examples arise in, respectively, models of circulating capital, fixed capital, extensive rent, and intensive rent. The reverse substitution of labor, reswitching, and capital reversing, for example, are contrasted with genuine fluke cases. These posts present examples of fluke switch points. Each example is of a fluke case in at least two ways. Either two...
Read More »Jobless claims: troublesome trend continues, but no yellow flag yet
– by New Deal democrat Jobless claims: troublesome trend continues, but no yellow flag yet Initial jobless claims is one of the few remaining positive short leading indicators. But as I’ve noted for the past several weeks, the trend is troublesome. This week initial claims rose 4,000 to 230,000, and the 4 week moving average rose 1,000, also to 230,000. Continuing claims one week previous rose 62,000 to 1.671 million: Initial claims...
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