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- by David Bentley Hart
The debate on inflation in Government, in Parliament and in the Bank of England is dominated by the need to curb workers’ wages. But this approach has ignored the elephant in the room: the role that corporations are now playing in driving up inflation through price hikes designed to boost their profits. There is mounting […]
Recent St. Louis Fed research examined shipping costs and inflation, the COVID-19 shock worldwide, emerging markets, and teens in the U.S. labor force.
The people spoke. Unlike in 2019, when MeRA25 won nine seats in Greece’s Parliament, in yesterday’s election we failed to clear the 3% hurdle, thus, electing no MPs. However, this freshly minted Parliament was condemned before it got a chance to convene. Kyriakos Mitsotakis, the conservative party leader, who won handsomely, is about to dissolve […]
The post Our defeat in context: Greece’s Erdogan-isation is almost complete appeared first on Yanis Varoufakis.
The Government has yet to take any action to address evidence that firefighters are more likely to die of cancer than the general population, Andrew Kersley reports
Stephanie Kelton har blivit en fixstjärna för vänstern och kritiker till gängse nationalekonomisk teori. I helgen besökte hon Stockholm. Hon är kritisk till hur inflationen bekämpas: ”Räntehöjningar är ett väldigt trubbigt verktyg” … Kelton besöker Stockholm mitt under en internationell inflationskris. Första frågan till henne under intervjun ett par timmar före hennes medverkan på konferensen blir […]
Neo-classical economists getting their models to fit the data. pic.twitter.com/DxvmhR6eil — Rethinking Economics (@rethinkecon) May 20, 2023
It is too often said that it is difficult to make new friends when you’re an adult; yet social connection … More
You're not wearing THAT to your interview, are you?
The death toll from the February 6th quake is over 50,000. It doesn't have to be this way.
Anthony Albanese welcomed Indian Prime Minister Narendra Modi to Sydney in late May, with 20,000 packing the Qudos Arena at Sydney Olympic Park to hear them speak.
The post Albanese welcomes Modi, the butcher of Gujurat appeared first on Solidarity Online.
Many central bank officials have been trying all sorts of conditioning narratives to convince us that their interest rate hikes have been justified. Now they are actually defying the information presented in the official data to simply make things up. Last Wednesday (May 17, 2023), the Bank of England governor gave a speech to the…
There’s lots of reporting that the GOP primary field is about to get very crowded. Christie, Sununu, Youngkin, a Dakota Governor nobody’s ever heard of on top of already announced DeSantis, Nikki Haley and Tim Scott are preparing to run against Donald Trump. Why is this happening when it was assumed that the smart move for the party was to field just one opponent to confront Trump? Well… Meatball Ron just isn’t making anybody’s heart beat faster: No seasoned, successful politician runs for president without a theory of the case — a detailed and plausible path to victory. And as more prospective candidates surface, it’s becoming clearer what’s at the heart of those plans: a growing belief within the party that DeSantis is a paper tiger. At one time, the Florida governor looked to be the candidate best positioned to knock off Trump, en route to finishing off President Joe Biden. DeSantis was Trump without the baggage — and 32 years younger. He was coming off an epic 2022 reelection victory in the nation’s third-largest state, marked by Florida’s biggest winning margin in 40 years.
He appointed three conservative Supreme Court justices who shocked the nation with rulings that dramatically took away rights. He sided with the racists who used “states’ rights” to push through undemocratic policies locally. And he’s the only American president who lost a reelection bid but returned to office in the following election. Yes, I’m thinking of former New York governor and Democrat Grover Cleveland who first won the presidency in 1884, lost his reelection bid in 1888, only to successfully regain the presidency in 1892 against then-incumbent Benjamin Harrison. In 2024, Donald Trump hopes to repeat that history in all its ugliness by becoming the second former president to recapture the White House. And mind you, the consequences of that... Read more
This has an air of desperation to it, I’m afraid. They are flailing around with one investigation after another, now this nonsense based on the Durham dud. But it does serve one purpose. it keeps the Trump cult conspiracy nuts excited. But I’m fairly sure that if they launch yet another crusade against Hillary Clinton the general public will not be amused.
Since when do you need ID to go into a bathroom? (That apparently happened some years ago but you can bet it’s happening today.) Take a look at these horrible people who are institutionalizing more of this grotesque nonsense: Members of the conservative parental rights group Moms for Liberty are known for making impassioned and sometimes spicy speeches to school boards to complain that teachers are supposedly indoctrinating students. This can include mothers, often in the group’s trademark tee, standing at a lectern reading sex scenes from books they deem inappropriate to have near their children. Supporters post videos of these speeches, some of which have gone viral. And the group has claimed success, pointing to growing membership nationwide as well as policies and elections going their way. But because Moms for Liberty is working on such a local level, opponents have found plenty of opportunities to take action. “I just got back from forcibly re-closeting myself for 90 minutes to infiltrate a Moms for Liberty meeting. … I got so much juice!” a TikTok user who goes by Morgan Howls said in a video.
Sadly, I’m sure his vacuous followers think this is just great: Russia has expanded its list of sanctioned Americans in a tit-for-tat retaliation for the latest curbs imposed by the United States. But what is particularly striking is how much President Vladimir V. Putin of Russia is adopting perceived enemies of former President Donald J. Trump as his own. Among the 500 people singled out for travel and financial restrictions on Friday were Americans seen as adversaries by Mr. Trump, including Letitia James, the state attorney general of New York who has investigated and sued him. Brad Raffensperger, the secretary of state of Georgia who rebuffed Mr. Trump’s pressure to reverse the outcome of the 2020 election, also made the list. And Lt. Michael Byrd, the Capitol Police officer who shot the pro-Trump rioter Ashli Babbitt on Jan. 6, 2021, was another notable name. None of those three has anything to do with Russia policy and the only reason they would have come to Moscow’s attention is because Mr. Trump has publicly assailed them.
In the 1980s, then Prime Minister Bob Hawke told us we should try to become the clever country. Instead, we have become the stupid country. We now have the trade pattern of a poor developing nation. It is obvious that the decade of Coalition government has moved us away from that goal, giving us instead Continue reading »
If you witnessed a war crime, what would you do? Since the US led capture of Julian Assange from the Ecuadorian Embassy into the UK’s Belmarsh prison, he has served four torturous years of detainment. Julian’s family, their international team of lawyers along with a growing number of leaders, scholars, concerned citizens – and especially Continue reading »
In March 2023, the Australian Defence Department confirmed the arrival of an F/A18G Growler aircraft to replace a similar aircraft which was destroyed in January 2018 while on a training exercise. It had flown less than 120 hours. The aircraft was powered by two General Electric F414-GE-400 turbofan engines. According to the Royal Australian Air Continue reading »