The magnitude of the required reductions RWER Editor Extracted from an article by Ted Trainer [1,2] It is not commonly understood how large the reductions…
The post The magnitude of the required reductions first appeared on Economic Reform Australia.Reading
Last exit to the road less travelled J.D. Alt* We now stand where two roads diverge. But unlike the roads in Robert Frost’s familiar poem,…
The post Last exit to the road less travelled first appeared on Economic Reform Australia.The use and abuse of MMT (Part 1) Michael Hudson, Dirk Bezemer, Steve Keen and Sabri Öncü Summary After being attacked by monetarists and others…
The post The use and abuse of MMT (Part 1) first appeared on Economic Reform Australia.Contradictions of the hydrogen economy Greg Reid There is much hype as well disinformation about the potential of hydrogen but there is no doubt that…
The post Contradictions of the hydrogen economy first appeared on Economic Reform Australia.The Nobel Prize for mediocrity and irrelevance Steve Keen I was going to ignore the Nobel Prize for Economics, which is always awarded to economic…
The post The Nobel Prize for mediocrity and irrelevance first appeared on Economic Reform Australia.The primary driver of environmental degradation To improve Australia’s natural environment, we first need to recognise and address the drivers of its degradation. The delayed…
The post The primary driver of environmental degradation first appeared on Economic Reform Australia.The market has failed to give Australians affordable housing so don’t expect it to solve the crisis H. Pawson, W. Randolph, C. Leishman, N. Gurran, P.…
The post The market has failed to give Australians affordable housing first appeared on Economic Reform Australia.A “plebiscite election” on Scottish Independence can only mean an election fought on that issue with the understanding that, if the election is won, Independence will be declared. It cannot mean anything else. In particular, a “plebiscite election” cannot possibly mean an election which, if won, results in a request for a referendum. We have […]
The post A Real Plebiscite Election, or Fight the SNP appeared first on Craig Murray.
Before Sidewalk Labs targeted Toronto for its "smart city" project, it found 1,307 acres of land near downtown Detroit where its team believed they could carry out their utopian vision. There was just one problem.
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Economic grammar of the multitude - Protocols for postcapitalist economic espression
The Economic Space Agency has spent several years imagining a system for individuals and organisations to account for exchange, allocate risk and reward, and measure and store value without using or even referring to fiat money.
They have finally produced a book explaining the economics of it, which is presented here, along with my rendition of it.
The proposed system is intended to work entirely independently of fiat monies, even as a measure of value. The very meaning of 'value' should emerge from each group and aggregate across the network, similarly to how it works in the credit commons protocol (though I haven't written about that so far).
Happy (nearly) Halloween and Day of the Dead, Jazz Pickles. Though they are
related, there are fundamental differences between the U.S. holiday of
Halloween and that of Dia de Los Muertos in Mexico…
To close out National Cookbook Month, I present to you Robert Carrier’s Menu Planner. I know very little about Robert Carrier. Although he is American born and raised he found fame in Europe. I had never heard of him growing up. This cookbook is rather fun. It’s huge. (it weighs nearly 5 pounds) contains 300Continue reading Robert Carrier’s Menu Planner: Iced Tomato Vodka, Steak au Poivre & Blueberry and Caramel Cream (1984)
If rents rise or fall this change must occur via the speed at which rental homes at current prices are taken up.
Just as we need to get the money out of politics, we have been gifted a Prime Minister who represents the ultra-rich. By George Monbiot, published in the Guardian 26th October 2022 Before we decide what needs to change, let’s take stock of what we have lost. I want to begin with what happened last […]
US consumer price index, quarterly change, October 2021 through September 2022: Source: US Bureau of Labor Statistics. Calculated from monthly data; see here and here and here.
Talk is cheap, the saying goes, but decades of neoliberalism and failed trickle-down economics means Australia needs to begin some new and more meaningful conversations about the kind of country we want to be.
The post Labor’s budget gives wellbeing focus a pathway to future prominence appeared first on The Australia Institute.
Federal Trade Commission chair Lina M. Khan is interviewed by Mark Glick
INET co-sponsored "The New Roaring Twenties: The Progressive Agenda for Antitrust and Consumer Protection Law," a conference at the University of Utah, October 25-26, 2022 where it also supports the Utah Project on Antitrust and Consumer Protection.
Rishi Sunak can begin to make Britain a serious country again by trying to make the NI protocol work. But will he?
Last week, amid all the turmoil in the Tory party, there was a brief flurry of interest in the emergence as a candidate for prime minister of the man more than one British reporter referred to as “the Northern Ireland secretary Brandon Lewis”. Lewis was not the Northern Ireland secretary. He wasn’t even the previous holder of the office – he was the one before that.
Taking place at Andipa Gallery, London and curated by Shane’s wife Victoria Mary Clarke, “The Eternal Buzz & The Crock... Read more »
The post ANDIPA GALLERY STAGES SHANE MACGOWAN’S “THE ETERNAL BUZZ & THE CROCK OF GOLD EXHIBITION” appeared first on Shane MacGowan.
The Hedgehog recommends.
Once intra-government transactions are eliminated, QE represents an exchange of gilts (liabilities of the National Loans Fund) for central bank reserves (liabilities of the Bank of England)
The public debt markets add less value to national prosperity than their opportunity costs. A proper cost-benefit analysis would conclude that the market should be terminated.