Reading

Created
Wed, 17/05/2023 - 20:20
1½ cups frozen chopped spinach (10-ounce package), thawed2 medium tomatoes½ teaspoon salt1 cup water½ cup clam juice1 tablespoon parsley1 tablespoon wine vinegar1 pound shelled, deveined shrimp Cook spinach according to package directions; drain. Cut a then slice off the top of tomatoes. Gently remove pulp; reserve. Sprinkle cavities with salt. Mix tomato pulp with spinach. […]
Created
Wed, 17/05/2023 - 19:11

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), […]

Created
Wed, 17/05/2023 - 19:07
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 […]
Created
Wed, 17/05/2023 - 19:04
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 […]
Created
Wed, 17/05/2023 - 17:00
archive - contact - sexy exciting merchandise - search - about
May 17th, 2023next
Created
Wed, 17/05/2023 - 15:56
. 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 […]
Created
Wed, 17/05/2023 - 12:42
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…
Created
Wed, 17/05/2023 - 10:00
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.
Created
Wed, 17/05/2023 - 09:19

“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.