07 Sep, 2026
15 mins read

The so-called ‘land of the free’ is now a failed state and heading towards totalitarianism – William Mitchell – Modern Monetary Theory – Beragampengetahuan

Last Friday (August 1, 2025), the US Bureau of Labor Statistics published their latest – Employment Situation Summary – for July 2025. What followed was somewhat extraordinary. The data and the revisions to the previous two months data releases (which is standard practice) showed that the US labour market is in decline. It starkly runs […]

14 mins read

The so-called Inclusion Committee that recommends keeping the unemployed impoverished – William Mitchell – Modern Monetary Theory – Beragampengetahuan

It’s Wednesday and apart from music I am talking mostly about poverty – opposites indeed. The beauty of the beat against the ugliness of enforced poverty. Enforced by government policy, which if there is political will can always eliminate systemic poverty. Yesterday (April 18, 2023), a major report was released in Australia by the grand-titled […]