By Patrick Lawrence / Original to ScheerPost What kind of people are these? I asked as I considered, in my previous commentary, the bottomless corruption and cynical theft that have lately bubbled to the surface in Ukraine. What kind of polity is this? What kind of country is Ukraine? To advance this line of inquiry […]
The post Patrick Lawrence: The Pathology of Ukrainian Nationalism appeared first on scheerpost.com.
Former Minister for Human Services Coalition MP Alan Tudge appeared before the Robodebt Royal Commission today. And what a performance it was. read now...Geraghty exudes the conspiratorial mindset that afflicts conservative thinking.
The post Meet New Washington Post Columnist Jim Geraghty and His Malfunctioning Noggin appeared first on The Intercept.
A relationship story.
The post The Algae That Might Save Earth’s Coral Reefs appeared first on Nautilus.
What we can learn from a Martian dust devil—and the sounds of other planets.
The post Hear the Wind on Mars appeared first on Nautilus.
A juxtaposition of science and life, in the editor’s note from Print Issue 47.
The post Lost Worlds appeared first on Nautilus.
The term “late capitalism” seems to be everywhere as a trending meme – often used as a kind of shorthand to illustrate the absurdities of certain free market economies. On Twitter, you will find the hashtags #latecapitalism (English), #tardocapitalismo (Italian), #capitalismotardio (Spanish), and #spätkapitalismus (German), among others. Typically, they satirise notions such as the idea of endless growth. The term also pops up in a wide range of academic articles and books. There are, for instance, discussions around the populist rise in late capitalism, the increase in financial-related investments in late capitalism, migration conditions in late capitalism, and so on. But what are the origins of this term? And what, exactly, does it mean?
The post We live in a time of ‘late capitalism’. But what does that mean? appeared first on Progress in Political Economy (PPE).
“Marie Kondo admits she has ‘kind of given up’ on extreme tidiness, [and] says her house ‘is messy’ … The organization guru, who popularized decluttering as a means to ‘spark joy,’ has changed her ways after welcoming her third child.” — People.com
To my mind, issuing consols as JP Koning suggests is the simple solution and to be preferred over the coin, which has no precedent and appears gimmicky. In addition, he points out that consols fir with existing Fed policy and operations whereas the coin does not.
However, my preferred solution would be for the president to order the treasury secretary to ignore the debt ceiling as contradicting previous legislation without repealing it. Then there is also the Fourteenth Amendment.
Short and worth a read in full.
Moneyness