Reading

Created
Thu, 29/12/2022 - 01:16
It’s Wednesday and also a holiday period, so just a few things today. First, I discuss a research paper that has concluded that central bankers have been using the wrong model for years which has resulted in flawed estimates of the state of capacity utilisation, and, in turn, created excessive unemployment. Second, we have a little Modern Monetary Theory (MMT) primer before going to the beach....
Bill Mitchell – billy blog
Central bankers have created excessive unemployment for decades because they use the wrong theory
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia
Created
Thu, 29/12/2022 - 01:00
That the government didn't shut down Tesla's "autopilot" years ago (hello, Mayor Pete, could you interrupt your not doing anything about the airlines to doing something about this) is a testament to how "doing absolutely nothing with the legal power available" is the default position of Dems, but aside from that, the lithium battery fires aren't just a Tesla problem. A punctured battery is likely to cause a fireball that no amount of water can put out.
Created
Thu, 29/12/2022 - 01:00
Go ahead, make our day The parallels between Prime Video’s “Jack Ryan” Season 3 and Russia’s invasion of Ukraine are simply eerie, says actor and producer John Krasinski. “But even having to explain that we wrote and shot the show before the conflict even happened seems like an alternate reality.” The Ukrainian government’s cocky messaging crew, however, is not above drawing purposeful parallels between its fight against Vladimir Putin’s invaders and a popular David-versus-Goliath tale from Hollywood. Enjoy, MFers. Here’s another.
Created
Wed, 28/12/2022 - 23:56
New links for the Heap… The Oxfordshire Blue Plaques Board has proposed a plaque to commemorate Philippa Foot and the house where she lived from 1972 to 2010 — a decision will be made on the proposal in mid-January New Work In Philosophy: The YouTube Channel — videos about recent philosophy Lecture notes—pretty much a textbook—for a course entitled “Belief, Desire, and Rational Choice” — from Wolfgang Schwarz (Edinburgh) One philosophy professor’s experience with a student who cheated by having ChatGPT write their essay — “proving the paper was concocted by ChatGPT was nearly impossible,” said Darren Hick (Furman) A Medievalist notices that an academic extensively plagiarized his blog in her book, and contacts her to object.
Created
Wed, 28/12/2022 - 22:10
Reading novels is my life-blood; I can’t go more than a few hours between books. That said, this year was a slightly odd one in my reading career. First, the year leading up to August represented the home strait of a self-enforced 12 months of not buying books. So lots of reliance on the not-especially-good […]
Created
Wed, 28/12/2022 - 21:41
2022 has been a tumultuous year for Digital Rights in the UK. Ebbs in the Political chaos resulted in a flow of unhelpful domestic legislation. Measures that protect us from Data Discrimination are being eroded as the Government amends UK GDPR Data Protection laws with their Data Protection and Digital Information Bill, aka the Data Discrimination Bill.  […]
Created
Wed, 28/12/2022 - 21:23
A Map Showing The Two Main Geopolitical Blocs

Yeah, it is mostly this simple:

This is pretty much the map for UN resolutions aimed at Russia, too.