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Created
Tue, 11/10/2022 - 01:11
Bruno Latour, the preeminent sociologist, original anthropologist, and highly influential thinker, dies aged 75. This is devastating news and an enormous loss.If there is a scholar whose tremendous contribution would be simply impossible to describe in a short blog post — this would be Latour’s. Even the Holberg Prize‘s – the most important award in […]
Created
Mon, 10/10/2022 - 18:00

New research has revealed that Gen Z would receive only 2.8% of the first year of the Stage 3 Tax Cuts legislated by the Morrison Government. The newly released age-based data break down reveals that in financial year 2024-2025, those under 25 years old would receive only 2.8% of the billions in tax cuts which

The post Gen Z Receive Only 2.8% of “Cooked” Stage 3 Tax Cuts in First Year: Research appeared first on The Australia Institute.

Created
Mon, 10/10/2022 - 09:06
Saludos, Jazz Pickles. I hope you’ve had a good week. Mine included celebrating my birthday. Thus far, I’ve been having a birthday once a year but I think I may do it less frequently. It seems to be making me older a little faster than I’d prefer…
Created
Sun, 09/10/2022 - 16:30
The currency of international trade has been on a lot of peoples' minds in the last few years. The hierarchy of currencies literature, the related questions of reforming the international monetary and financial system (IMFS), the effects of US monetary policy on the rest of the world (ROW). Add to that the war in Ukraine and Chinese trade-related discussion on the role of the ruble, dollar, yuan, oil and natural gas, wheat etc.
Created
Sun, 09/10/2022 - 01:25

Employment growth remains strong as rate hikes continue to contribute to a now rising federal deficit that is supporting growth, contrary to Fed expectations. This leads to more hikes intended to soften growth and inflation that in fact support growth and inflation: The Saudis are on the warpath after a falling out with President Biden, […]

The post Employment, GDP Nowcast, oil prices, equity comment appeared first on Mosler Economics / Modern Monetary Theory.

Created
Sat, 08/10/2022 - 06:15


Organizing a Key Battleground State with New Georgia Project Action Fund

I recently had the pleasure of sitting down (virtually) with Nsé Ufot, CEO of the New Georgia Project Action Fund.

Nsé is an incredible organizer who describes her nonprofit as a “tech startup inside a civil rights and voting rights organization” that is making strides to build collective power for working people in Georgia.

I’m so pleased to be able to share with you this inspiring discussion about the on-the-ground fight for democracy in Georgia — and how we can build grassroots power across the country.

Created
Sat, 08/10/2022 - 03:09
There’s a lot of concern that the Federal Reserve is going to keep raising interest rates until it forces something to “break.” I share that concern. If you follow financial markets, then you’ve undoubtedly heard people like Scott Minerd say that he thinks the Fed will continue with rate increases until “something breaks.” He’s been arguing for some time that the Fed is steering us into a crisis by relying on backward-looking price (and other) signals for guidance about the underlying strength of the US economy. He’s
Created
Sat, 08/10/2022 - 02:54
The BBC’s promotion of dark-money lobby groups no longer looks like an accident. It looks like a policy. By George Monbiot, published in the Guardian 5th October 2022 Some of it is easy to understand. Liz Truss, a hollow vessel filled with secondhand ideas by the dark-money thinktanks, believed their assurances that the magic of […]