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The past 6 months has seen a record rise in the amount of interest households are having to pay
The post A Record Interest Shock Hitting Australian Households appeared first on The Australia Institute.
The 90th issue of the Journal of Australian Political Economy was published this week, at the end of a deeply troubling year – with Russia’s war on Ukraine, the emergence of strong inflationary tendencies, growing fears of economic recession, and mounting evidence of deepening climate change. Incisive political economic analysis is always needed for understanding what is happening in the world around us – but now more than ever [...]
The post What’s new in Australian Political Economy? appeared first on Progress in Political Economy (PPE).
Arizona is ground zero for the wackiest theories and craziest political candidates. Exhibit A: Kari Lake, the Republican who ran for governor in the recent midterm elections. Though she lost in November, she’s still campaigning — on social media, in the courts, and in her own beclouded imagination. She refuses to accept that Katie Hobbs, her Democratic opponent, won by 0.6% of the vote. It’s a delusion she shares with Donald Trump who tweeted that Lake should be “installed” in the position anyway, like a triumphant coup leader. Lake, Trump, and all-too-many Americans now believe that any election in which a MAGA extremist doesn’t achieve a pre-ordained victory is, by definition, “stolen.” Then there’s Blake Masters, the losing Arizona Republican... Read more
Xi Jinping has made an offer difficult for the Arabian Peninsula to ignore: China will be guaranteed buyers of your oil and gas, but we will pay in yuan.The Cradle
Xi of Arabia and the petroyuan drive


(click for the full 4K resolution)
I wanted to explore if I could bend my style around a bolder composition choice and stylised main shapes. Just to experiment how it could bring a modern more contemporary perfume to my style.
The theme is probably obvious as we reach the end of 2022, it will be also the end of my long period of experimentation and I'll go back to paint the next webcomic episode.
Week-end Wrap – Political Economy – December 18, 2022
by Tony Wikrent
Strategic Political Economy
We need the return of the state
[Tax Research UK, via Naked Capitalism 12-14-2022]
Neoliberalism is built on lies. For decades the deceit at its core has been ignored because it appeared to deliver prosperity. It does not any more. That is why everything is unravelling.

Click here to go see the bonus panel!
Hovertext:
Had to hand-draw this one for all the symbols and my fingers nearly melted off.
Today's News:
The case for stronger automatic stabilizers.

Food waste is a leading contributor of greenhouse gases. These Detroit restaurants are finding creative – and tasty – ways to reduce their contribution.

*They used to “laugh and call him names.” Now they’re all dead