Category: Journal ISSN 1078-1935

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Antechinus: Bill Mitchell Demystifying Modern Monetary Theory

03 Economy, Government
Antechinus
Antechinus

Bill Mitchell: Demystifying Modern Monetary Theory

For most people, the greatest challenge to near-and-dear convictions is MMT’s claim that a sovereign government’s finances are nothing like those of households and firms. While we hear all the time the statement that “if I ran my household budget the way that the Federal Government runs its budget, I’d go broke”, followed by the claim “therefore, we need to get the government deficit under control”, MMT argues this is a false analogy.

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Sepp Hasslberger: Evidence of Alien Seeding of Life

Extraterrestial Intelligence
Sepp Hasslberger
Sepp Hasslberger

Panspermia, the theory that biological life may be intentionally “seeded” so as to start life on recently formed planets, just got a boost. A tiny metal sphere as a carrier…

UK Scientists: Aliens May Have Sent Space Seeds To Create Life On Earth

Scientists in the U.K. have examined a tiny metal circular object, and are suggesting it might be a micro-organism deliberately sent by extraterrestrials to create life on Earth. Don't be fooled by the size of the object in the microscopic image above. It may appear to look like a planet-sized globe, but in fact, it's no bigger than the width of a human hair.

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Mini-Me: Elizabeth Warren Loves the Fed?

Corruption, Government
Who? Mini-Me?
Who? Mini-Me?

Huh?

Elizabeth Warren And Sherrod Brown Fight Fed Audit, Foreclosure Transparency

WASHINGTON — Top progressive senators are running away from a bill authored by Sen. Rand Paul (R-Ky.) to audit both the Federal Reserve's monetary policy operations and millions of foreclosures. Their aversion could doom any chance for public transparency surrounding the widespread abuse that banks deployed against homeowners in the aftermath of the financial crisis. Read more.

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CounterPunch: Greek Economic Philosophy Today

Commercial Intelligence, Cultural Intelligence

logo counterpunchThe Not So Erratic Philosophy of Yanis Varoufakis

EXTRACT

Greece’s new finance minister, Yanis Varoufakis, has been mandated by the leftist Syriza government to negotiate new conditions with the “troika” (the European Commission, the European Central Bank, and the International Monetary Fund) for the continuation of Greece’s desperately needed bailout. He has just written a smashing op-ed for The New York Times that forcefully outlines his government’s approach to the negotiations. It deserves a standing ovation. Read full article.

 

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