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Created
Thu, 13/11/2025 - 05:07
The financial crisis of 2007-2008 took both laypeople and economists by surprise. What went wrong with our macroeconomic models, since they clearly did not foresee the collapse, or even make it conceivable? Many have attempted to answer that question, offering a range of explanations, from the excessive mathematization of economics to irrational and corrupt politicians. […]
Created
Thu, 13/11/2025 - 05:00

I love my job. I make a great salary, there’s a clear path to promotion, and a never-ending supply of cold brew in the office. And even though my job requires me to commit sociopathic acts of evil that directly contribute to making the world a measurably worse place from Monday through Friday, five days a week, from morning to night, outside work, I’m actually a really good person.

Let me give you an example. Last quarter, I led a team of engineers on an initiative to grow my company’s artificial intelligence data centers, which use millions of gallons of water per day. My work with AI is exponentially accelerating the destruction of the planet, but once a month, I go camping to reconnect with my own humanity through nature. I also bike to and from the office, which definitely offsets all the other environmental destruction I work tirelessly to enact from sunup to sundown for an exorbitant salary. Check out this social media post of me biking up a mountain. See? This is who I really am.

Created
Thu, 13/11/2025 - 01:07
Socialdemokratin står i dag inför en djup strategisk kris. Under de senaste årtiondena har partiet i stora delar accepterat nyliberalismens grundantaganden — marknadens effektivitet, privatiseringars nödvändighet och statens tillbakadragande från aktiv ekonomisk styrning. Resultatet har blivit ökad ojämlikhet, urholkad välfärd och en försvagad arbetarrörelse. Den ekonomiska politiken har reducerats till förvaltning av marknadens villkor. En […]
Created
Thu, 13/11/2025 - 00:00

“Trump introduced a new idea to tackle home affordability: a 50-year mortgage loan. Federal Housing Finance Agency Director Bill Pulte called the proposal “a complete game changer.” … but many housing experts warn the plan could backfire, raising the cost of homeownership by stretching out payments, adding more interest over time, and driving up home prices.” — CNN

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Q: What is a 100-year mortgage loan?
A: We offer the flexibility of financing your new home over an entire century, theoretically lowering your payments as the loan is spread out over a longer period of time.

Q: Who is this loan for?
A: Everyone. But especially immortal wizards and vampires; people who think “100” sounds like a nice round number; and us, your lender, who will be collecting interest on this loan until you turn to dust.

Q: Does this actually save me any money?
A: It absolutely might.

Created
Wed, 12/11/2025 - 22:40

Last week, Zohran Mamdani pulled off a stunning political victory, beating a billionaire-backed establishment campaign to become the Democratic Mayor of New York City. It’s no surprise that the result has inspired millions of socialists around the world. Mamdani’s campaign thrived not only because of his strengths as a communicator and his mediagenic approach, but […]

Created
Wed, 12/11/2025 - 20:41

The British governing class can’t create a society which feeds our children. They can’t build a high-speed railway line. Productive investment is collapsing, so our economy can’t sustain growing standards of living. Our public services are decaying. Our structures and systems are peculiarly ill-suited to addressing the country’s needs in this third decade of the […]

Created
Wed, 12/11/2025 - 19:00
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November 12th, 2025next

November 12th, 2025: And this comic is inspired by: words. Look at me, getting inspired by mere markers to concepts over here!

Created
Wed, 12/11/2025 - 18:29

DrupalCamp Burkina Faso will be hosting its third event from April 24-26, 2026. Previous events have brought entrepreneurs, students, as well as government ministers and national media. This year the Camp is hoping to expand international sponsorship and recruit guest speakers who can help build the skills of the local community.

We want to invite you to participate. 

Across the African continent there is an increasingly rapid pace of digital transformation. Through our connections with communities across Africa, we're seeing governments, major industries, and growing business markets rapidly prioritize digital sovereignty and online engagement, and we see them seeking international expertise to launch and up-skill their local markets. 

Created
Wed, 12/11/2025 - 13:36
I mean… Laura Ingraham: “Well, then why are people saying they’re anxious about the economy? Why are they saying that?” President Trump: “I don’t know that they are saying that. I think polls are fake. We have the greatest economy we’ve ever had.” pic.twitter.com/QDrM3Q4olu — RedWave Press (@RedWave_Press) November 11, 2025 Not to mention firing […]
Created
Wed, 12/11/2025 - 11:30
China's ageing population is expected to slow the country's economic growth in coming years. Population ageing can have a negative effect on a country's growth due to the decline in the working-age population relative to the dependent population, and could cause decreased labour productivity growth, as has been the case in other countries which have experienced similar demographic shifts. This paper seeks to estimate the causal effect of ageing on GDP per capita growth in China using data among China's provinces. I find that over 10 years a 10 per cent increase in the proportion of the population aged over 60 decreases nominal GDP per capita by around 7 per cent, all other things equal. These estimates imply that an ageing population has placed downward pressure on China's economic growth in the 2010s and 2020s so far, with this pressure likely to continue in the coming years. Authorities have so far responded to this challenge by increasing retirement ages and introducing policies such as a nationwide childcare subsidy. Different sectors in the economy are not likely to be affected uniformly by population ageing.