Contrasting ideologies at play about the structure and role of social media mirror the conflicting ideologies in economics.
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That’s the headline for my latest piece in Independent Australia, responding to some appalling warmongering from the Nine papers. The main point is that a seaborne invasion of Taiwan would be doomed to failure. Everyone knows this, but all the important players have good reason to deny it.
Penny Pepper wears her bloody, beaten heart on her tattered sleeve in this powerful snapshot of the constraints imposed upon disabled people
Renowned sports journalist Dave Zirin talks about his latest documentary, which explores the unjust, unfair and deeply racist history of the NFL coupled with its commitment to nationalism, militarism and corporatism.
The post Looking at the Skeletons Inside the NFL’s Closet appeared first on scheerpost.com.
We asked The Nib’s Inkwell members to tell us how they got even.
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March 10th, 2023: Honestly, this comic gave me chills!! – Ryan | ||
That’s the title of my latest piece in Inside Story, expanding on this recent post. More over the fold Looking at recent news on global heating, it’s easy to give way to despair. After a brief slowdown during the lockdown phase of the Covid pandemic emissions of greenhouse gases have continued to rise. Even coal, […]
A webinar is to be held discussing Australia's involvement in the escalating tensions between the U.S. and China which could lead to conflict. read now...
The Robodebt Royal Commission has given us some truly dumbfounding moments worthy of the most absurd daytime soap operas. read now...
Nobody knows how the company is doing right now It appears that Trump is getting shady financing from some rich guy in San Diego who owns an online bank. I’m sure he won’t need anything in return should Trump become president again so this is all perfectly fine. The Trump Organization says it ended a tumultuous 2022 without telling anyone outside the company how business is doing—a claim that, if believed, could be an indication of its looming financial difficulties in the face of a tsunami of legal trouble. In practical terms, however, the claim also keeps New York state investigators from getting a clear picture of whether the real estate firm has continued lying to banks about its property values, even as investigators barrel toward a trial that could kill off the Trump Organization. The disclosure about how the Trumps haven’t made any financial statements to banks or accounting firms was made in a Feb. 3 letter written by a retired judge tasked with babysitting the Trumps’ real estate empire, in a document that was made public in court filings last week.
From an email friend: Those of us of a certain age will remember the attached photo depicting the summary execution of a Viet Cong officer, Nguyen Van Lem, by Saigon’s chief of police. Eddie Adams, the photographer who took the photo (for which he won a Pulitzer), subsequently investigated the story behind it. It seems that Lem had killed an ARVN colonel along with his wife and six children. But it turns out that there was a seventh child, a nine-year old son, who escaped the massacre and lay clinging to his mother’s body for two hours until he was found. This son, named Huan Nguyen, fled to the US after the fall of Saigon, joined the Navy, and was yesterday promoted to the rank of admiral. https://www.corriere.it/esteri/23_marzo_09/foto-saigon-execution-55-anni-fa-bambino-vietnamita-superstite-strage-diventato-ammiraglio-marina-americana-1302baca-be71-11ed-b743-21e74a13bd9b.shtml?intcmp=emailNLcor_americacina_9marzo2023 Wow…
Meanwhile, catcalls from the super-rich over superannuation tax hikes... read now...Confirms that demand and not rate of interest affects firms' investment decisions. However, interest rates do affect the economy through mortgage rate and banks' loan policy, that is, through the housing channel (which is accounted for as investment).
Raising the interest rate increases the interest rate on mortgages, which decreases the demand for housing over time, i.e., there is lag estimated at about two years. A lot of other demand is also connected to demand for housing, making housing demand a potent economic factor albeit a lagging one.
On the other hand, raising the interest rate also increases the payout on government securities and also interest payments on reserves, which adds to government spending. This happens immediately.
Brave New World
Do Interest Rates Really Drive the Economy?
Brave New World
Do Interest Rates Really Drive the Economy?
JW Mason | Associate Professor of Economics at John Jay College, City University of New York and a Fellow at the Roosevelt Institute
Hookay…. Will his homophobic constituents buy this? Probably. They all voted for Trump didn’t they? Shamelessness is their superpower. This is yet another data point among millions, that many these anti-LGBTQ zealots have secret lives that they are hiding. In the larger sense it’s incredibly sad that so many people can’t find the courage to live their lives honestly, even in this more tolerant world. But the fact that they actually use their power to degrade and discriminate against the people who are doing that is unforgiveable.
As Nine newspapers attempt to spread panic about a Chinese invasion, Professor John Quiggin explains why the logistics of such an event happening are unrealistic. read now...Nearly every evolutionary question can find an answer in mucus.
The post The Importance of Slime appeared first on Nautilus.
Labour right-winger’s hypocrisy laid bare – there are always receipts Earlier today, Shadow Home Secretary Yvette Cooper sided with the Tories against football pundit Gary Lineker – and against desperate refugees – condemning Lineker for comparing the Tories’ inflammatory race-hate language about asylum-seeker boats to the fascist rhetoric of the 1930s, saying ‘I just don’t […]