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The lockdowns and the stimulus required to keep the economy alive helped drive inflation. Then the Fed jacked up interest rates. And all hell broke loose. On Friday March 10th, 2023, Silicon Valley Bank (SVB) died of Covid. Alright, it’s a little more complicated than that, but Covid lockdowns followed by massive government stimulus were a critical – and massively under-acknowledged – factor in propelling the bank’s demise. At the heart of the crisis is the gigantic pile of low-interest […]
The post How Covid lockdowns primed the current financial crisis appeared first on The Grayzone.

Bruce Caldwell has spent the last several decades investigating the nuances of the life and legacy of this great mind. In this episode he shares some of the key insights he has learned along the way, what is often misunderstood, and what Hayek can still teach us as we confront today's social challenges.

For every harbourside apartment a parent buys their children, the Perrottet Government will match it with another harbourside apartment, in a new policy designed to tackle poverty.
The post Every NSW kid to be given harbourside apartment, in new Future Fund promise appeared first on The Shovel.
Let’s get the up-or-down part of this review over with quickly: Escape from Model Land: How Mathematical Models Can Lead Us Astray and What We Can Do About It by Erica Thompson is a poorly written, mostly vacuous rumination on mathematical modeling, and you would do well to ignore it.
Now that that’s done, we can get on with the interesting aspect of this book, its adaptation of trendy radical subjectivism for the world of modeling and empirical analysis....

Join us on Thursday, March 16 at 1pm ET / 10am PT, for our regularly scheduled call to chat about all things Drupal and nonprofits. (Convert to your local time zone.)
No pre-defined topics on the agenda this month, so join us for an informal chat about anything at the intersection of Drupal and nonprofits. Got something specific on your mind? Feel free to share ahead of time in our collaborative Google doc: https://nten.org/drupal/notes!
All nonprofit Drupal devs and users, regardless of experience level, are always welcome on this call.
This free call is sponsored by NTEN.org and open to everyone.
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Join the call: https://us02web.zoom.us/j/81817469653