After tumbling during the pandemic, the share of employed people holding more than one job has recovered to its pre-pandemic level.
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In contrast to its attitude to private debt, which it ignores, mainstream economics obsesses about government debt. But this volte-face doesn’t besmirch its record of being 100% wrong. This is the first half of chapter nine of my draft book Rebuilding Economics from the Top Down, which will be published later this year by the … Continue reading "It’s a Mixed Credit-Fiat World"
Silicon Valley companies began life with the Fairy dust of 1960s dreams sprinkled on them. The revolution that 1960s activists dreamed of had failed, but the personal computer movement carried that dream onto the early personal computer industry. Hobbyist fairs, a communitarian language, and the very place of their birth encouraged this fantasy. Nevertheless, it […]
OK. Let’s lay this out.
Israel is genociding Palestinians in Gaza. It has killed more civilians in three weeks than Ukraine and Russia have all war. Over 60% of casualties are children and women. They are deliberately flattening as many residential buildings as possible. They have bombed multiple hospitals, every single university and just hit the remaining water facility, while Palestinians have almost no water to drink.
Their end-goal is to force whoever survives into Egypt.
The US, may their empire collapse now, is sheep-dogging the Israeli genocide.
In last month’s US labour market briefing – US labour market – stability abounds although, worryingly, real wage gains have evaporated (October 9, 2023) – I noted that while there was no major slowdown signalled, the real wage gains made in previous months had evaporated. I wasn’t sure whether that was a sign that a…
What would a second Trump term mean for the climate? Ok, kids, pay attention. This is for real. Back in the home stretch of the 2020 presidential election, I stated that a second Trump term would be “game over for the climate.” That hasn’t changed in the years since. In fact, it’s become even more true. We are three years further down the carbon emissions highway, and the devastating consequences of the 1C (1.8F) warming we have already caused are now apparent in the form of unprecedented dangerous, damaging and deadly extreme weather events. As yet, we have not taken the exit ramp needed to avoid a far worse planetary warming of 1.5C (3F). Yes, real progress has been made during the Biden era, with “staggering” green energy growth nearly on track to reach the needed reductions in carbon emissions in the power generation sector. But power generation is only a slice of the carbon emissions pie, responsible for about one-fifth of total carbon emissions. The rest comes from transportation, industry, agriculture and buildings.
On September 19, 2001, eight days after 9/11, as the leaders of both parties were already pounding a frenzied drumbeat of war, a diverse group of concerned Americans released a warning about the long-term consequences of a military response. Among them were veteran civil rights activists, faith leaders, and public intellectuals, including Rosa Parks, Harry Belafonte, and Palestinian-American Edward Said. Rare public opponents of the drive to war at the time, they wrote with level-headed clarity: Twenty-three years and more than two wars later, this statement reads as a tragic footnote to America’s Global War on Terror that left an entire region of the planet immiserated. It contributed to the direct and indirect deaths of close to 4.5 million people,... Read more
Source: Roses Dressed in Black appeared first on TomDispatch.com.
Prominent adulterer and the Opposition’s shadow minister for home affairs, Barnaby Joyce, has boasted to colleagues of the interest in his upcoming shotgun wedding. With magazine titles such as Women’s Weekly and Sporting Shooter battling it our for the coverage... Read More ›
Who is Mike Johnson, the man with horn-rimmed glasses who managed to become Speaker of...
While we all wring our hands over the NY Times Poll, I think it’s important for people to see this. Just to keep some perspective: Ladies & gentlemen, the leading Republican candidate for president. pic.twitter.com/QOiDnWa3jv — Republicans against Trump (@RpsAgainstTrump) November 5, 2023 We’ve become so used to these confessions. https://t.co/bsJPWE98Rp — Sherrilyn Ifill (@SIfill_) November 4, 2023 The entire GDP of Hungary is $189 billion. Annual inflation in Hungary is around 20 percent. Orban is an authoritarian. Hungary does not border Russia no matter how many times Trump keeps saying it does in every speech he gives where he praises Orban. https://t.co/IHbZw0Uu9A — Ben Meiselas (@meiselasb) November 4, 2023 Trump: And we will together restore law and order in our country. We will completely overhaul the doj to investigate every marxist prosecutor in America for their illegal racist in the reverse enforcement.. pic.twitter.com/eftLSe9vX5 — Acyn (@Acyn) November 4, 2023 Trump: And when you think of it how important elections are, you have millions of people alive right now if the election was not rigged. They would be alive.
Vision, passion, and commitment of the forerunners in the Australian Studies community in China and Australia have paved the way for the emergence of such an exceptional intellectual community over four decades. It is a visionary and responsible question to ask: where should the community head in the next four decades? China’s area studies is Continue reading »
Australians have been assured by the Albanese government of greater transparency and accountability on defence. So soon after the 2022-23 parliamentary inquiry into how the country goes to war, that has already fallen over. The promised parliamentary debate before a deployment to overseas conflict hasn’t been held. The dispatch of 270 ADF troops and three Continue reading »
For decades, the western world has been fed Israeli/Zionist narratives about their country being exceptional, Palestinians not existing or being less than human. False Israeli accounts have been swallowed by a compliant media and by politicians scared of being accused of being even slightly anti-Semitic. This toxic narrative should have been challenged and stopped years go. Continue reading »
Victoria’s leading Neo Nazi left the County Court in Melbourne on Friday with the judge’s message, “Good luck with the future, Gentlemen” ringing in his ears, laughing at the judge’s assertion that he and his co-offender have good prospects for rehabilitation. They greeted reporters outside the court with the observation that they were innocent, followed Continue reading »
It’s not a good start to any media article when the sub headline contains an editorial error, but this headline which reads “Chinese minister invited to AI summit helped create cyborg rats: Wu Zhaohui has also been decribed [sic] as man ‘whose fingerprints are all over the Uyghur genocide” indicates that the once world-renowned Daily Continue reading »
It is journalistic malpractice for the media to still be repeating so credulously the Israeli military’s account of that day. The BBC’s Lucy Williamson was taken once again this week to view the terrible destruction at a kibbutz community just outside Gaza attacked on October 7. As we have been shown so many times before, Continue reading »