Econ of Keynes, Kalecki, Minsky, Lerner, Godley, Knapp, Robinson amongst other things. Rethinking economics. My specialty is hindsight.
The Boro
Joined September 2017
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“The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists.” - Joan Robinson
Assets on the left, Liabilities on the right. retweeted
THE NEW POSTCOLONIAL ECONOMICS WITH FADHEL KABOUB
by Money on the Left @moneyontheleft
moneyontheleft.org/2018/07/0…
Landlords are sick of being cast as the "bad guys", while a new generation of TikTok influencer landlords would prefer you call them "property investors".
But do landlords deserve a rebrand?
@milenadambelli went to find out.
Produced by @FranRankin
youtu.be/2j48cEzhJzo
Just #MintTheCoin already. Make it a chocolate one wrapped in platinum foil which Biden eats immediately after the whole deposit charade is done with.
A growing number of parents in the UK are resorting to stealing baby formula for their children due to rising costs.
Read the full report from @TomSkyNews: trib.al/bA1VF6r
📺 Sky 501, Virgin 602, Freeview 233 and YouTube
Assets on the left, Liabilities on the right. retweeted
There should never be a shortage of affordable housing. This is not something unpredictable. It is something which can and once would have been planned for. Build enough public housing in the roughly the right places with associated infrastructure and a crisis would never arise.
Assets on the left, Liabilities on the right. retweeted
It turns out you have a much better handle on inflation if you have taken a realistic approach to pricing - one of the things covered by Erik Dean here:
youtube.com/watch?v=g42BXcrI…
I'd think only still relevant in regards to discussion of the "credit divisor" approach.
Assets on the left, Liabilities on the right. retweeted
Do you always hear about the so called bipartisan budget surpluses of the 1990’s? Turns out they were not a good thing and actually premised on private sector debt and a stock market bubble. Listen to @StephanieKelton break it down on @PodFunnyMoney! Shout out to @DeanBaker13!
Assets on the left, Liabilities on the right. retweeted
The wrong way to frame the issue. Dealing with an aging society is not done by having the gov "save" USDs (something it can't do and his meaningless) but rather by investing today in preparing the economy to meet the needs of such society.
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Inflation has cooled for 10 straight months, even as the unemployment rate has steadily improved. Maybe putting millions of people out of work isn't a necessary pre-condition for stabilizing prices.
Breaking News: U.S. consumer prices rose 4.9% in the year through April, a 10th straight month of declines in inflation.
nyti.ms/3HXO11N
Reminds me of @jamalimaddix meeting the EDL radio guy.
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“As the sole issuer of euro-denominated central bank money, the Eurosystem will always be able to generate additional liquidity as needed,” Lagarde said...
If European governments need euros, there is an institution with a monopoly on its creation.
reuters.com/article/us-ecb-p…
