- by Grace Linden
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Investigative journalist James Bamford explains why Ukraine and Poland should be the top suspects in the Nord Stream blasts.
The post The Biggest Whodunnit of the Century appeared first on The Intercept.
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Javad Marandi, a major Conservative Party benefactor, is named as a 'person of importance' in a money laundering court case, sparking fresh questions over party donations, Josiah Mortimer reports
Markets in which only a few sellers or suppliers dominate are oligopolies. What happens to prices depends on whether the companies are cooperating or competing.
Britain remains one of only four countries in Europe where smacking children is legal — as long as it meets an ambiguous definition of “reasonable punishment.” Despite this, British movements against corporal punishment have flexed impressive muscle in recent decades: they have seen it off in the courts (1948), in the navy (1957), in prisons (1967), […]
Witches of Lychford: Night of the Gnomes! So, I’ve decided to begin a serial on Substack. And it’s going to be a sequel to my bestselling Lychford series of rural fantasy novellas! (Though it’ll be absolutely fine for those who haven’t read the books too, because we’ll re-introduce the whole concept. Though you will be spoiled for […]
Using entirely bogus pretexts, the police are deploying oppressive new laws to shut down peaceful protest. By George Monbiot, published in the Guardian 12th May 2023 The more unequal a society becomes, the more oppressive its laws must be. This, I think, explains new acts that would not be out of place in a police […]
The axioms now in use have been derived from a meagre and narrow experience and from a few particulars of most common occurrence… Nor should it count for much that … he often cites experiments. For he had come to his decision beforehand, without taking proper account of experience in setting up his decisions and […]
A Florida professor breaks the record for time living underwater.
Biden will NOT negotiate on the debt ceiling. Well,
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. So when ‘modern’ mainstream economists use their models — standardly assuming rational expectations, Walrasian market clearing, unique equilibria, time invariance, linear separability and homogeneity of both inputs/outputs and technology, infinitely lived intertemporally optimizing representative agents with homothetic and identical preferences, etc. — and standardly ignoring complexity, diversity, uncertainty, coordination problems, non-market clearing prices, real […]
Today (May 17, 2023), the Australian Bureau of Statistics released the latest – Wage Price Index, Australia – for the March-quarter 2023, which shows that the aggregate wage index rose by 0.8 per cent over the quarter (steady) and 3.7 per cent over the 12 months. The media are touting how strong the wages growth…
Here’s a short thread from Catherine Rampell of the Washington Post spelling it out in a nutshell: What’s in this supposedly commonsense bill McCarthy is demanding in exchange for not destroying the global economy? Here’s my handy guide, for those interested in the substance of the legislation and not just political gamesmanship. 1. Unspecified across-the-board cuts to nondefense discretionary spending, down by one-third on average in 2024, after inflation. The cuts would then expand to roughly 59%, on average, by 2033 Does this mean WIC? Border security? Pells? FBI? No one knows https://www.washingtonpost.com/opinions/2023/04/25/mccarthy-national-debt-limit-budget/ 2. Defund the tax police – make it harder for IRS to collect taxes legally owed by wealthy/corporate tax cheats, and set back the agency’s other IT upgrades. (Would also increase deficits) https://www.washingtonpost.com/opinions/2023/04/20/gop-defund-irs-debt-limit/ 3. Medicaid work requirements – which sound nice, but are a solution in search of a problem.
“Ukraine’s neoliberalism on steroids, Europe’s economic suicide,” Geopolitical Hour 9, May 15, 2023. https://www.youtube.com/watch?v=6bF3QkHIB7I RADHIKA DESAI: Hello everyone and welcome to this ninth Geopolitical Economy Hour, the fortnightly show on the political and geopolitical economy of our times. I’m Radhika Desai. MICHAEL HUDSON: And I’m Michael Hudson. RADHIKA DESAI: And today we have a special Continue Reading The post Neo-Liberal Machine Corners Ukraine, EU first appeared on Michael Hudson. As Australia’s new suburbs continue to accommodate much of the country’s population growth, it becomes crucial to adapt housing and services to meet the evolving demands of their growing share of maturing families and single...Parliament is spending £100 million a year – a staggering £2 million of taxpayers' money every week – patching up repairs, while next steps on its renovation are still to be decided
 By 2041, our forecasts show Australia will have 624,000 more school-aged children than it did in 2021; 252,000 primary school-aged (5-11), and 372,000 secondary-school aged (12-17). And every one of these children will need... | ||
