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Modern money and inflation Asad Zaman Milton Friedman was a powerful magician. His words charmed people into believing that night was day, against the evidence…

The post Modern money and inflation first appeared on Economic Reform Australia.

Rock on.

For longer than perhaps we should have expected, IA had the wit and whimsy of Andrew P. Street on our pages. Street's on the fast lane to success these days, naturally.

Zero fossil fuels by 2050 without energy austerity Richard Corin Mark Diesendorf has mentioned (ERA Review v14 n4, p7) that “We will have to cut…

The post Zero fossil fuels by 2050 without energy austerity first appeared on Economic Reform Australia.

The Coming Global Financial Revolution (part 1) Russia is following the American playbook – Ellen Brown The following article by Ellen Brown was written 9…

The post The Coming Global Financial Revolution (part 1) first appeared on Economic Reform Australia.

1 envelope unflavored gelatin1½ cups tomato juice, divided3 tablespoons cider vinegarArtificial sweetener to equal 4 teaspoons sugar1 teaspoon salt⅛ teaspoon hot sauce2 cups cut-up, cooked asparagus2 tablespoons minced celery¼ cup diced pimentoLettuce leaves In small saucepan, sprinkle gelatin over 1/2 cup tomato juice to soften. Stir over low heat until gelatin dissolves. Stir in remaining […]

The use and abuse of MMT (Part 2) Michael Hudson, Dirk Bezemer, Steve Keen and Sabri Öncü The first part of this article appeared in…

The post The use and abuse of MMT (Part 2) first appeared on Economic Reform Australia.

Source - Patreon

Source - Patreon

Source - Patreon

World’s biggest flow battery opens in China Ellen Phiddian The vanadium flow battery represents a paradigm shift in big storage The world’s largest flow battery…

The post World’s biggest flow battery opens in China first appeared on Economic Reform Australia.

Ron Filipkowski is one of the most prolific tweeters of right wing freak show out there and it’s endlessly entertaining (if also kind of terrifying.) He compiled what he considers to be his top 100 right wing tweets and they are something else. I’ve put the top 25 here for your enjoyment: #25. At a Trump rally, kid is asked what he most looking forward to at the event. Kid goes off the rails on his MAGA parents with his answer: “To see Joe Biden.” #24. Returning home to Huntington Beach, OAN host loses her mind when she sees that they are flying a Pride flag from a city building. #23. The opening “prayer” at Eric Trump & Michael Flynn’s event, they ask for Jesus to let Trump know when the time for divine intervention has come for him to resume the presidency, and for God not to “surround him with Deep State, RINO trash.” Amen. #22. MAGA congressional candidate Martin Hyde, endorsed by Michael Flynn & Roger Stone, throws down his white privilege card and goes full “do you know who I am,” then threatens to get her fired because she dared to give him a speeding ticket. #21. Marge Greene defines what a woman is.

Here’s just some of what Skwawkbox revealed that would otherwise have remained hidden. If you’d like to help the site keep doing what it does, see how at the end 2022 has been a bleak year for anyone who wants to see genuine change for the better in the UK, with a succession of utterly […]

What channel are the drunk newscasters on tonight?

In case you are staying home tonight and wondering what you might watch on TV, forget Andy and Anderson and don’t bother with Ryan Seacrest. Have I got the show for you! What a fun bunch! But you might want to lay in a bigger than usual supply of champagne and Advil and maybe think about having some shots to start you off. You’re going to need them. Here’s a taste of what you might expect from the Baptist preacher Mike Huckabee: Happy New Year?

A real activist on what it’s like to deal with Dr. Anthony Fauci There are many, many things that offend me about the cretinous conspiracy theories and braindead rightwing assault on reason and decency. It’s actually a bit overwhelming. But the attack on Dr. Fauci ranks at the top of my list. I don’t worship the guy by any means and totally understand that he’s made some wrong calls during his long career. But he’s a scientist and therefore changes his mind as new information is discovered. That’s just how it works and those of us who have even a rudimentary, elementary understanding of the scientific method know that. Peter Staley writes in the NY Times: I guess he’s used to being called every name in the book. But as this tribute makes clear, he always listened to his critics and did what he could to accommodate their demands. I don’t think he’d ever be able to do that with the right wing that’s now calling for him to be locked up. And that’s because they have no idea why they are saying it except to blame him for the virus which is simply a lie.

As 2022 comes to an end, we pick at the scab of the untapped potential of Jodie Whittaker's Doctor in her final Doctor Who adventures.

Amarynth's English translation of an article by ATRcons.

A true pioneer Baba Wawa passed away yesterday at the age of 93. When I was young I thought of her as one of the hosts of the Today Show and one of the only female broadcast journalists in the early days. It was only later that I came to realize that she was a particularly talented interviewer who took no prisoners. One example: She ended her inspiring career by inventing a new daytime TV genre of women talking about politics and current events in a freewheeling round table format at The View. It makes me happy that she lived such a long and accomplished life. RIP Baba. Update: I had never seen this until today. What a send-off.

I just wanted to check in and thank you once again for your kind support this year. It is greatly appreciated. There’s a lot of competition out there so it really means the world to me that you value what we do here enough to help keep it going. I’m going to leave this up until the end of the year in case any of you just stopped by and want to throw a little something our way. I hope everyone has a wonderful holiday week (and that none of you are flying on Southwest!) Cheers — digby

A thing I don't think is appreciated enough is that most of what we call "tech" really isn't. Everything requires people programming the computers now. "Silicon Valley rich guys throwing money at it" doesn't make it tech. "Uber, but for buses" and all those things aren't really "tech" in the year of our Gritty, 2022. Ponzi schemes aren't "tech." Putting hamburgers on the blockchain doesn't make it "tech."

Maybe no precise definition, but "tech" in this sense does seem to entail some level of innovation beyond, "a new product idea, but with smartphones."

Happy New Year 2023