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Modern Monetary Theory film proves finding the cash isn’t the problem | The National
Timing is everything. A month from the UK Budget day, understanding “fiscal space” and made-up terms like “fiscal black holes”… Source: Modern Monetary Theory film proves finding the cash isn’t the problem | The National Continue reading Modern Monetary Theory film proves finding the cash isn’t the problem | The National
Scientist Claims His AI Can Tell Disturbing Things About You Just by Looking at Your Face
Michal Kosinski, Stanford psychologist, claims that AI programs can detect people’s IQ, sexual orientation, and politics by scanning faces. Of course rights groups are attacking the research and not the fact that the researcher is demonstrating the dangerous things AI can be used for. Source: Scientist Claims His AI Can Tell Disturbing … Continue reading Scientist Claims His AI Can Tell Disturbing Things About You Just by Looking at Your Face
Death Valley just recorded the hottest month ever observed on the planet – The Washington Post
July was also the hottest month on record for dozens of other cities in the western United States, including Sacramento, Las Vegas and Portland, Ore. Source: Death Valley just recorded the hottest month ever observed on the planet – The Washington Post Continue reading Death Valley just recorded the hottest month ever observed on the planet – The Washington Post
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Greenland’s ice sheet has melted to a point of no return, study finds
Greenland’s ice sheet has melted to a point of no return, and efforts to slow global warming will not stop it from disintegrating. That’s according to a new study by researchers at Ohio State University. Not good. Source: Greenland’s ice sheet has melted to a point of no return, study finds – … Continue reading Greenland’s ice sheet has melted to a point of no return, study finds
USPS removing mail-sorting machines is latest change ahead of election – Business Insider
Over a dozen sorting machines — which can process 35,000 pieces of mail per hour — have reportedly been dismantled and removed in recent weeks. The sorting machines that can handle 35,000 pieces of mail per hour, 19 of them have been dismantled and REMOVED while Congress is on vacation. Source: USPS … Continue reading USPS removing mail-sorting machines is latest change ahead of election – Business Insider
E.P.A. to Lift Obama-Era Controls on Methane, a Potent Greenhouse Gas
The reversal is the latest move in the Trump administration’s ongoing effort to weaken environmental rules, but it could be quickly undone after the November election. This is not the time to be going backwards on the environment. Source: E.P.A. to Lift Obama-Era Controls on Methane, a Potent Greenhouse Gas – The … Continue reading E.P.A. to Lift Obama-Era Controls on Methane, a Potent Greenhouse Gas
Portland sees peaceful night of protests following withdrawal of federal troops | US news | The Guardian
Thursday night’s protest passed off without major incident or intervention by the police in the absence of federal officers Does that indicate something? Source: Portland sees peaceful night of protests following … Continue reading Portland sees peaceful night of protests following withdrawal of federal troops | US news | The Guardian
Opinion | M.M.T. Shows the Trillion-Dollar U.S. Deficits Are OK – The New York Times
Our country’s myth about federal debt, explained. The idea that our country’s national debt creates a burden on future generations is a complete fabrication. Source: Opinion | M.M.T. Shows the Trillion-Dollar U.S. Deficits Are OK – The New York Times Continue reading Opinion | M.M.T. Shows the Trillion-Dollar U.S. Deficits Are OK – The New York Times
Preventing a Great Depression Will Cost $10 Trillion – The Atlantic
Don’t think of that number as “big” or “bold.” Just think of it as the appropriate dosage for a once-in-a-century economic affliction. We’ve done it before, we can do it again. Source: … Continue reading Preventing a Great Depression Will Cost $10 Trillion – The Atlantic
Maybe Modern Monetary Theory is an answer to the COVID-19 economic crisis – Marketplace
We’re finally, finally, doing an episode on MMT. Just in time for the deficit to triple. Source: Maybe Modern Monetary Theory is an answer to the COVID-19 economic crisis – Marketplace Continue reading Maybe Modern Monetary Theory is an answer to the COVID-19 economic crisis – Marketplace
Senate gives law enforcement the OK to spy on your internet history
A heartbreaker of a vote just went down in the U.S. Senate with disturbing implications for online privacy. On Wednesday, the Senate failed to pass an amendment to parts of the Patriot Act that would explicitly prevent law enforcement from using it to justify collecting individuals’ internet browser and search history without … Continue reading Senate gives law enforcement the OK to spy on your internet history
Opinion | Congress: Enact a Federal Job Guarantee – The New York Times
Congress should enact a federal jobs guarantee. If the private sector doesn’t have the capacity to hire, the federal government can step in and provide jobs to help stimulate the economy and keep people alive. Source: Opinion | Congress: Enact a Federal Job Guarantee – The New York Times Continue reading Opinion | Congress: Enact a Federal Job Guarantee – The New York Times
Can governments afford the debts they are piling up to stabilise economies?
Yes — It poses no inherent danger to states that issue their own currency There are three real reasons. First, a currency-issuing government never needs to borrow its own currency. Second, it can always determine the interest rate on bonds it chooses to sell. Third, government bonds help to shore up the … Continue reading Can governments afford the debts they are piling up to stabilise economies?
The climate crisis will deepen coronavirus. A green stimulus plan can tackle both
The convergence of the climate and coronavirus crisis will be catastrophic. Now is the time to deploy a green stimulus And as the Covid-19 pandemic has shown, we have the resources (money) … Continue reading The climate crisis will deepen coronavirus. A green stimulus plan can tackle both
Coronavirus has destroyed the myth of the deficit | Yeva Nersisyan and L Randall Wray | Opinion | The Guardian
No, federal government spending doesn’t have to be ‘paid for’. The crisis shows providing for our society is not a financial issue This could be a blessing in disguise as the people … Continue reading Coronavirus has destroyed the myth of the deficit | Yeva Nersisyan and L Randall Wray | Opinion | The Guardian
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