Ying Chen discusses her work to better understand development, labor and environmental impact in the Global South, focusing in particular on the realities of Chinese economic policy as it has evolved.
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Liz Truss promises to double down on policies that have been completely discredited. By George Monbiot, published in the Guardian 17th September 2022 Soon, the focus will return, and the collapse of many people’s economic prospects will dominate once more. As winter approaches, it will become clear that our politics is spectacularly lacking in answers. […]
From single women’s rented rooms in 1915 to the grounds of the 1939 New York World’s Fair, get a historic look at U.S. workers’ lives with digital library FRASER.
I’ve been focusing on the economics of climate change for over four years now, because it’s the most pressing problem facing humanity, and because economists have done such a god-awful job on it—fooling themselves into regarding an existential threat as a minor cost-benefit problem (Keen 2020; Keen et al. 2022). For circumstantial reasons, I can’t … Continue reading "Back to the history of economic thought: “Keynesian Economics” failed in 1935"
The Truth Behind “Self-Made” Billionaires
Why do we glorify “self-made” billionaires?
Well, being “self-made” is a seductive idea —it suggests that anybody can get to the top if they’re willing to work hard enough. It’s what the American Dream is all about.
If Kylie Jenner can become a “self-made” billionaire at age 21, so can you and I!
Even as wages stay stagnant and wealth inequality grows, it’s a comfort to think that we’re all simply one cosmetics company and some elbow grease away from fortune.
50
years ago Saturday, the TV show M*A*S*H debuted. Below is an piece I
created for the 30th anniversary of the show’s finale. Also below: a
sampling of my collection of memorabilia. Although the show was
incredibly popular, my level of fandom/obsession was admittedly unusual,
which is perhaps why I haven’t been able to bring myself to get rid of
these things as of yet. Somewhere I have a trove of drawings of the
characters I made back then, but I can’t find it at the moment.
A local factory was once the largest producer of thorium in the world. This fall, the “radioactive capital of the Midwest” is doing one last cleanup.
Fluctuating incomes can mean families lose and then regain eligibility for food stamps multiple times during a period of years.
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The post Why Feedback Often Doesn’t Help appeared first on Alfie Kohn.
EDUCATION WEEK September 21, 2022 Why Feedback Often Doesn’t Help By Alfie Kohn [This is an expanded version of the published article, which was given a different title.] A lot of people make a living by offering advice about how teachers should give feedback to students — or how administrators should give feedback to teachers. Unfortunately, a body of compelling ... Read More
Today we discuss the errors of thinking in the article: ‘Trussonomics’ has put the PM on a collision course with the Bank of England
I have been looking at The Moorad Choudry Anthology: Past, Present and Future Principles of Banking and Finance (Amazon affiliate link, and as the title suggests, by Moorad Choudhry) as a source for my banking primer. Professor Choudhry teaches in the M.Sc.This is a “classic” TMW, which is to say, a rerun. After two and a half years, covid finally snagged me last week. Apologies, I hope to be back on track on next week.
Australian governments approached the use of digital technologies from an ideological perspective, heavily leaning on control and surveillance.
Wayno and I have received numerous emails from readers this week about
Bizarro having disappeared from their local newspaper. Sadly, it is true.
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Let me begin by saying something degrowth is not. Degrowth is not the most frequent subject in the media.
Listen now (27 min) | Or can we skip voting altogether and use sortition to randomly allocate people into the parliament
Edward Thurlow, 1st Baron Thurlow (1731-1806), a renowned lawyer and then politician who served under four Prime Ministers as Lord High Chancellor of Great Britain for fourteen years, has made an astute observation that still meaningfully resonates today: “Did you ever expect a corporation to have a conscience, when it has no soul to be damned, […]
The Republican War On Teachers
There’s a war being waged on America’s teachers, and we must stand up for them before it’s too late.
Teachers watch over America’s most precious asset — our children.
They dedicate their lives to caring for our youth, serving as role models, and making sure that future generations are set up for success.
So why on Earth are we treating them so badly?
Our nation’s teachers are not only working long, demanding hours inside and outside of the classroom — but they’re blamed these days for almost everything imaginable.
Servaas Storm, Steven Fazzari, and Thomas Ferguson comment on the Inflation Reduction Act
Steven Fazzari’s commentary for an INET symposium on the Inflation Reduction Act
Recent headlines about year-over-year consumer prices sensationalize with phrases like “worst inflation in 40 years” and “out-of-control inflation.” The reality of high inflation, its real costs on many American households, and the extensive, sometimes excessive, media coverage has been a drag on Biden administration approval and is among the most prominent talking points in the Republican effort to take control of Congress in the November midterms.