The macro commentator Alfonso Peccatiello, who writes as @MacroAlf on Twitter/X and publishes the Macro Compass newsletter, recently posted an excellent thread on private debt that cited my work: Let me show you one of the most underrated and yet crucial long-term macro variables in the world. Debt. But not government debt: people should stop … Continue reading "The Failure of Neoliberalism: Backing Up Macro Alf, & Showcasing Ravel, in 11 plots and two averages"
Reading
Vegans and vegetarians do less damage to the environment than meat-eaters. TotalEnergies and World Rugby team up in Paris to play a dirty game. Tips to become a better recycler. I eat, therefore I pollute The world’s food system has an enormous effect on the natural environment. It is responsible for about a third of Continue reading »
Australia needs an arms industry like it needs a hole in the head. It will only contribute to flooding the world with more weapons of destruction when we are already being killed by floods, fires and irresponsible politicians through human induced global warming. My childhood years coincided with the last phase of British colonial rule Continue reading »
The cracks in Labor ranks over AUKUS won’t be going away despite Albanese staring down dissenters at Labor’s national conference. A pitched battle over the choice of submarine base is guaranteed — and now we discover that Albanese has suffered the mother of all brainsnaps: Australia has agreed to set up a weapons-grade nuclear waste Continue reading »
Official surveys all show that the Catholic Church in Australia is in serious trouble. Any refusal by the church to be fully inclusive of women and diverse sexualities will almost certainly lead to a much smaller church than has historically been the case in Australia. If the church cannot accommodate greater inclusion and equal human Continue reading »
The boarding students were far from home and the variable consolations of family life. They were shackled with priestly companions, pledged to lives of celibacy, who also had been removed from their families in their early teens and isolated from society in religious institutions from which they were then turned out, with scant proper preparation, Continue reading »
The BRICS revealed its geopolitical priorities when it added three Persian Gulf states to its once exclusive roster of members. Iran, Saudi Arabia, and the UAE have been strategically included to put an end to the petrodollar. First published in The Cradle August 28, 2023 The leitmotif of the BRICS Summit meeting in Johannesburg on 22-24 Continue reading »
That’s pretty much what Truth Social is all about. Just Trump worship. Unfortunately, it doesn’t seem to be enough: The complex deal to take Donald Trump’s social-media platform Truth Social public faces a crucial test next week that could determine whether it becomes a multibillion-dollar company that the former US president once vowed would stand up to “big tech” or instead languish in financial limbo. Under the terms of the deal, announced in October 2021, Trump’s Trump Media & Technology Group was destined to merge with Digital World Acquisition Corp, a special-purpose acquisition company, or Spac. But shareholders in Digital World are now being asked to give the company another year to complete the deal. If they refuse to do so at a meeting on 8 September, the enterprise may never become the $1.7bn company it once envisioned. The path to tech riches the deal floated for Trump and his supporters has not been smooth. Jay Ritter, a University of Florida finance professor, told the Washington Post this week that the merger has “been pretty much unprecedented in terms of all of the glitches”.
Our long-awaited book Modern Monetary Theory: Key Insights, Leading Thinkers was published at the beginning of 2023. To celebrate the occasion the GIMMS team is proud to present its book …
The post Video: Launch of the GIMMS book “Modern Monetary Theory; Key Insights, Leading Thinkers” appeared first on The Gower Initiative for Modern Money Studies.
He seems to really loathe teenagers We all know that Ron DeSantis has a real problem with kids. Scolding a little kid for eating ice cream because it has too much sugar was bad enough. Humiliating those high school students who wore masks waseven worse. Now this: Quinn Mitchell has seen at least 35 presidential candidates in person since 2019, when he first started showing up at New Hampshire primary events to ask them questions. Not a single one of them had ever treated the now-15-year-old as if he were a threat—until Ron DeSantis came to town. It all started with a straightforward question. In June, when DeSantis stopped for a town hall event in Hollis, Mitchell raised his hand in the crowd. “Do you believe that Trump violated the peaceful transfer of power,” the teenager asked the governor, “a key principle of American democracy that we must uphold?” DeSantis dodged the question and said Americans shouldn’t get stuck in the past, but not before remarking—in a somewhat impressed, incredulous tone—on Mitchell’s age. “Are you in high school?” the governor asked.
The first Doctor Who: Doom's Day story event in the mobile game Doctor Who: Lost in Time is just more tedious & boring fanservice.
We’re still waiting for Jan. 6 ‘masterminds’ to get theirs A federal judge on Thursday sentenced Proud Boy leader Joe Biggs to 17 years in prison this week. Someone on “formerly known as Twitter” snarked that by the time he gets out of jail, Biggs will be a proud man. The Lincoln Project is having fun with the fate of the furious. Comeuppance is a guilty pleasure we were denied in the wake of the banking collapse of 2008. Those assholes got $1.6b in bonuses. But these threats are not funny. We covered some of this nascent Rwanda talk on Friday. But threats of violence against election workers are widespread enough to deserve an Election Threats Task Force. At least some people are being charged: More than a dozen people nationally have been charged with threatening election workers by a Justice Department unit trying to stem the tide of violent and graphic threats against people who count and secure the vote. Government employees are being bombarded with threats even in normally quiet periods between elections, secretaries of state and experts warn.
. ‘Dian Fossey’ handlar om hur Annika Norlin föder barn. Alla som varit med om undret när ens barn kommer till världen känner nog igen sig. Det är den sorts upplevelse som glömskan aldrig rår på. Tack min son för att du tipsade mig om den här underbara låten!
Also, Illinois cuts off a utility monopoly, Boston bus drivers get a raise, green jobs programs work, and more.
How long, O Lord? Progressives? You’re not as smart as you think you are. As a friend said many times, “Republicans speak to create their own reality, through the constant repetition of their claims.” We find repetition boring. Behold, a word from our proprietress: A lot of stupid decisions? Name five. Stupider than not wearing a mask or talking up junk cures and drinking bleach? A few more words on repetition: Am I getting through to you, Mr. Beale?
In today's BCTV Daily Dispatch: Marvel Studios, AHS: Delicate, My Adventures with Superman, Doctor Who, The Last of Us, TWD/SAG-AFTRA & more!
Migrant children are drowning at the border. Their deaths are met with indifference. Rescue workers call these bodies “floaters.”
The post Floaters: Our Reflection in the Rio Grande appeared first on The Intercept.
The Office of the Director of National Intelligence is throwing $22 million in taxpayer money at developing clothing that records audio, video, and location data.
The post U.S. Spy Agency Dreams of Surveillance Underwear It’s Calling “SMART ePANTS” appeared first on The Intercept.
Use to discuss topics unrelated to recent posts.
They sing, have dialects, reserve special tones for their pups—our reporter journeys to Mozambique to explore the unique communication of bats.
The post The Social Life of Bats appeared first on Nautilus.
Whale rescue! Watch the whole thing. It’s beautiful.
Axios reports: Each day, former President Trump‘s staff presents him with a stack of mostly supportive letters, op-eds and printouts of tweets. They’re meant to keep him informed — but perhaps just as important, to boost his spirits. Trump, signature black Sharpie in hand, often scrawls responses on them and has his aides text a photo of the comments back to the writers. The Trump-signed hard copies are sent back by U.S. mail. Why it matters: It’s an ego-soothing exercise for Trump that winds up creating a series of viral threads, as recipients of Trump’s comments — some of whom are essentially pen pals with large digital followings — post them on social media. For Trump — whose online rants against critics, prosecutors and judges are escalating as the four felony cases against him proceed — the virality of such personal notes provides a constant chain of support, commiseration and shared anger. Zoom in: Paul Ingrassia, a former Trump White House intern, says he’s received more than a dozen notes from Trump since October in response to supportive articles Ingrassia wrote for conservative outlets.