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Created
Fri, 17/03/2023 - 02:40
Mike Clarke, the Director of the Cochrane Centre in the UK, for example, states on the Centre’s Web site: ‘In a randomized trial, the only difference between the two groups being compared is that of most interest: the intervention under investigation’. This seems clearly to constitute a categorical assertion that by randomizing, all other factors […]
Created
Fri, 17/03/2023 - 01:44
The Al Jazeera ‘Labour Files’ documentary series exposed afresh the rampant racism and war on democracy of the Labour right, both to sabotage the leadership of Jeremy Corbyn and to purge the left from the party under Keir Starmer. Now a new episode sees Martin Forde – the barrister Starmer reluctantly commissioned to investigate the […]
Created
Fri, 17/03/2023 - 01:30
A nation of Scrooges Matthew Desmond, a sociologist at Princeton, is the author of “Poverty, by America” and “Evicted” recalls that when abroad he’s heard heard the phrase “American-style deprivation” on several occasions. “Anyone who has visited [peer] countries can plainly see the difference, can experience what it might be like to live in a country without widespread public decay.” “The United States has a poverty problem,” Desmond explains. It is a tragedy and a national shame (New York Times): A third of the country’s people live in households making less than $55,000. Many are not officially counted among the poor, but there is plenty of economic hardship above the poverty line. And plenty far below it as well. According to the Supplemental Poverty Measure, which accounts for government aid and living expenses, more than one in 25 people in America 65 or older lived in deep poverty in 2021, meaning that they’d have to at minimum double their incomes just to reach the poverty line.
Created
Fri, 17/03/2023 - 01:12
by Gregory M. Mikkelson

Just as it does for a certain “old man on a green bike,” my commitment to car-free travel often drives me to greater levels of exercise, and more vivid experiences of nature, than one would get behind the wheel of a car. Unfortunately, economic growth has progressively degraded one such experience. Trips to my partner’s lake cottage begin with a commuter train in Montréal and end with an hour-long walk on a dirt road through the countryside.

The post Bulldozing the Planet appeared first on Center for the Advancement of the Steady State Economy.

Created
Fri, 17/03/2023 - 01:00

The Drupal Association is honored to be included in this month’s cycle of the Back-to-work Programme, an initiative by the International Centre for Free and Open Source Software in collaboration with Zyxware Technologies. Zyxware Technologies is one of our amazing Drupal Certified Partners, and we are excited to contribute to the success of this program for many cycles to come.

The Back-to-work Programme provides Drupal training to women professionals who have been on a career break due to various reasons. This program not only aims to induct them into the talent pool of Drupal developers but also provides an opportunity to reintroduce them to the Free Software community.

Created
Fri, 17/03/2023 - 00:34

Ramzy Baroud sheds light on the ongoing protests in Israel and their limited impact on the country's inherently racist institutions and ongoing military occupation and apartheid in Palestine.

The post Israel Protests Should Not Be Confused With the Palestinian Struggle for Equality appeared first on MintPress News.

Created
Fri, 17/03/2023 - 00:34

 

Nice figure of speech “injected!”… wow…

They are referring to the $2T of reserve balances currently in the RRP… why are they in that Fed account and not in Depository accounts where they could be utilized to settle unanticipated withdrawals without requiring sales of other HQLA at current reduced prices due to the dumb monetarists rate increases?

Why did the dumb Art degree people at the Fed reduce the RRR from 10% to 0% in the first place?

What is bad about requiring Depositories to maintain a ready USD balance of direct CB liabilities of  a small 10% of their deposit liabilities in case of unanticipated withdrawals?

If the deposits flow to another depository (ie withdrawals) from available reserve balances that transaction actually INCREASES the Depository’s SLR with ZERO effect on Capital…

Hard to understand how the Art degree brain works… 🤔



Created
Fri, 17/03/2023 - 00:29

In 1937, the American folklorist Alan Lomax invited Louisiana folksinger Huddie Ledbetter (better known as Lead Belly) to record some of his songs for the Library of Congress in Washington, D.C. Lead Belly and his wife Martha searched in vain for a place to spend a few nights nearby. But they were Black and no hotel would give them shelter, nor would any Black landlord let them in, because they were accompanied by Lomax, who was white. A white friend of Lomax’s finally agreed to put them up, although his landlord screamed abuse at him and threatened to call the police. In response to this encounter with D.C.’s Jim Crow laws, Lead Belly wrote a song, “The Bourgeois Blues,” recounting... Read more

Created
Fri, 17/03/2023 - 00:00

EDITED BY PETER ORNER AND LAURA LAMPTON SCOTT

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Jean Marseille recorded these dispatches on his phone while surviving on the streets of Port-au-Prince, Haiti, from October through December 2022. As the chaos that followed the assassination of Haitian president Jovenel Moïse in July 2021 devolved into further lawlessness, Jean witnessed firsthand a city in free fall.

Created
Fri, 17/03/2023 - 00:00
The problem is that democracy and capitalism don’t much like each other any more. Their underlying affinities have got lost in the miserable business of coexisting day to day. Businesspeople don’t want to be hectored by politicians who have never run a whelk stall. Politicians don’t want to be patronised by businesspeople who have never won a vote (‘Fuck business,’ as Boris Johnson neatly put it).