Theory
It will end badly if we rely on the speculators and gamblers for a climate change solution – William Mitchell – Modern Monetary Theory – Beragampengetahuan
I am now in a very hot and humid Kyoto having left Australia yesterday in weather that was in some places 20 or more degrees Celsius above the norm for early Spring. The heat here and back home at this time of year is rather scary given what it portends. I also do not have […]
A Unified Theory Of The Death Of The Movie Star – Beragampengetahuan
Time for your weekly edition of the beragampengetahuan Funbag. Got something on your mind? Email the Funbag. And buy Drew’s book, The Night The Lights Went Out, while you’re at it. Today, we’re talking about bosses, corn on the cob, old people, fumbles, and more. Before we get into the bag, another reminder: The Distraction […]
The Ireland growth miracle is largely illusory and biasing Eurozone growth data upwards – William Mitchell – Modern Monetary Theory – Beragampengetahuan
I have been avoiding keeping up-to-date with the Irish national accounts over the last several years for reasons that I documented in this blog post – Ireland – not as rosy as the official story might suggest (January 2, 2018). Ireland has been held out as the poster nation for the Eurozone boosters because of […]
US labour market – ‘steady as she goes’ – William Mitchell – Modern Monetary Theory – Beragampengetahuan
Last Friday (August 4, 2023), the US Bureau of Labor Statistics (BLS) released their latest labour market data – Employment Situation Summary – July 2023 – indicated a rather ‘steady as she goes’ outcome. A slightly weaker employment outlook compared to the beginning of 2023 but overall a very stable situation. There is no sign […]
The Latest on Covid, Cognitive Impairment, and Social Cognition (“Theory of Mind”) – Beragampengetahuan
By Lambert Strether of Corrente. It was a slow Saturday night, and an even slower news day, so I thought I’d write up something quick and easy. Naturally, I thought at once of Covid brain damage, since there are some interesting studies that have come out recently. First, I’ll present excerpts from three recent Lancet […]
Are You Alpha or Beta? | Relationship Theory (Replay) – Beragampengetahuan
[Original Air Date: 12-14-18] In this week’s episode of Relationship Theory, Tom and Lisa discuss how to manage the characteristics and responsibilities of male/female counterparts in a relationship. Subscribe to Women of Impact podcast here: https://apple.co/2oT9GPQ FOLLOW TOM BILYEU: INSTAGRAM: http://bit.ly/2j7vqX8 FACEBOOK: http://bit.ly/2hPStWo TWITTER: http://bit.ly/2iyjY5P FOLLOW LISA BILYEU: INSTAGRAM: http://bit.ly/2tMtCUX FACEBOOK: http://bit.ly/2rTysON SHOP: http://bit.ly/2rtRN8T TOM BILYEU […]
Australia’s inflation rate continues to fall despite RBA inflationary rate hikes – William Mitchell – Modern Monetary Theory – Beragampengetahuan
Today (July 26, 2023), the Australian Bureau of Statistics released the latest – Consumer Price Index, Australia – for the June-quarter 2023. It showed that the CPI rose 0.8 per cent in the quarter (down 0.6 points) and over the 12 months by 6.1 per cent (down 0.9 points). The annual inflation rate in Australia […]
pension systems about to collapse. Not! More mainstream fiction – William Mitchell – Modern Monetary Theory – Beragampengetahuan
Sometimes, one thinks that the intellectual world should evolve as intelligent people take account of the dissonance between their ideas and the facts before them and adapt their views. I know that doesn’t happen much but it should. I have studied the philosophy of science deeply enough over my student and postgrad days and beyond […]
RBA governor’s ‘Qu’ils mangent de la brioche’ moments of disdain – William Mitchell – Modern Monetary Theory – Beragampengetahuan
The RBA governor had a few ‘Qu’ils mangent de la brioche’ moments in the last week when he responded to criticisms that his manic interest rate increasing behaviour is driving low-income families into crisis by, first, saying that people who couldn’t find cheap housing should move back with their parents. Then he followed that with […]
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 […]