Today, on May 1, we celebrate – International Workers’ Day – which is a “celebration of labourers and the working classes” and keeps the hope alive that solidarity can prevail and together we can turn the ship around. So raise our glasses! Clink. Clink.
Admin
It is a public holiday in Australia today and I decided that I would use the time, which is free of workplace-type interruptions, to work on a project that has an impending (very) deadline. I also did a podcast interview with the team at Macro and Cheese on the state of American this morning. So…
Dear Readers I apologise for the lack of connectivity over the last 36 hours or so. My research centre and related WWW pages are delivered by servers that we maintain within a larger data centre in Adelaide. On Wednesday evening sometime, that centre facility had a catastrophic power failure that took down all the racks…
Today (November 27, 2024), the Australian Bureau of Statistics (ABS) released the latest – Monthly Consumer Price Index Indicator – for November 2024, which showed that the annual underlying inflation rate, which excludes volatile items continues to fall – from 3.5 per cent to 3.2 per cent. The overall CPI rate (including the volatile items)…
My blog is on holidays until Monday, January 6, 2025. While my blog is having a break I am catching up on various projects which I want to advance to finality in 2025. Our macroeconomics textbook will come out with a second edition in early 2026 and we are working on that now. I am…
It’s Wednesday and there are a few topics that caught my attention this week as well as some announcements. And to finish we have some great music. Big computing Fugaku or 富嶽 is the alternative name for Mount Fuji in Japan, that marvellous natural creation that rises south of Tokyo. Fugaku is also one of…
It’s Wednesday and as usual I am writing about a few issues rather than providing a detailed analysis of a specific issue. Today, I publish the video of Australian launch of our new book – Modern Monetary Theory: Bill and Warren’s Excellent Adventure. I also comment on the current situation in the Middle East and…
It’s Wednesday and I am flat out finishing things today as I am off to Japan again to work once again at Kyoto University. I will keep you updated on the progress of that work and a public event that we are thinking about in November in Kyoto (or possibly Tokyo or both). For now…
On Tuesday (September 10, 2024), the UK House of Lords Economic Affairs Committee released their first report for the Session 2024-25 (HL Paper 5) – National debt: it’s time for tough decisions – which was the result of their decision to hold an inquiry – How sustainable is our national debt? – into whether “UK’s…
I am travelling all day tomorrow so I am bringing forward the normal blog post to today. I am pleased to announce that from today the MMT MOOC which we ran through the University of Newcastle’s edX facility over the last few years is now available through MMTed on an on-going basis. Read on to…