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.
Here is a clip from one of our live songwriting sessions on our Twitch channel. We just turn on the camera and try out ideas and see where they take us.
Here is a clip from one of those sessions we posted to our YouTube Channel.
Play to a marimba, GO! (Live Stream Clip)
I had a simple little marimba part that I wanted to use for a song.
I showed it to the band during this songwriting session to see what they would come up with on the spot.
- Tom
The Stage 3 tax cuts are not just unfair, they create a massive hole in the budget
The post The Stage 3 tax cuts will be responsible for up to 42% of the Budget deficit appeared first on The Australia Institute.
The October Budget delivers on a range of welcome bread & butter commitments, but has deferred solving Australia’s meat and potatoes revenue problems. So who are the winners and losers, and what are the missed opportunities? This was recorded on Thursday 27th October 2022 and things may have changed since recording. The Australia Institute //
The post October Budget Wrap appeared first on The Australia Institute.
This book traces the evolution of Charles P. Kindleberger's thinking in the context of a 'key-currency' approach to the rise of the dollar system, here revealed as the indispensable framework for global economic development since World War II.
by Brian Czech
Election Day is almost upon us. Along with the 435 House seats are thirty-five seats for grabs in the Senate. Our focus here is on the Senate races, given their high-profile candidates, substantial policy stakes, and excellent examples of growthmanship gone amuck (literally, in some agricultural cases).
Candidates fall along a spectrum—theoretically at least—from a degrowth to a pro-growth stance. It’s a “theoretical” spectrum because, at this point in the history of the USA,
The post Three Senate Races for Steady Staters to Monitor appeared first on Center for the Advancement of the Steady State Economy.
Galina Potjagailo, Boromeus Wanengkirtyo and Jenny Lam CPI inflation in the UK has markedly increased over the last year, reaching 10.1% in September. The aggregate increase reflects potentially different dynamics across disaggregated prices, from which CPI inflation is constructed. How much of the increase has been broad-based across a wide range of prices? We assess … Continue reading How broad-based is the increase in UK inflation?