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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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The merger between AT&T and Time Warner is a raw deal for the rest of us
Any day now, the Department of Justice will announce whether the AT&T-Time Warner mega-merger will be permitted. Less competition and higher costs will be the result. Source: The merger between AT&T and … Continue reading The merger between AT&T and Time Warner is a raw deal for the rest of us
Actually the magic money tree does exist, according to modern monetary theory
MMT essentially proposes that money is created ex nihilo or out of nothing. Whether it is private banks, central banks or governments, money is an abstract concept of ones and zeros. Thus, … Continue reading Actually the magic money tree does exist, according to modern monetary theory
Almost all the 10 million US jobs created since 2005 are temporary
A full-time job is increasingly rare. This is not healthy for people’s financial, as well as overall well-being. Source: Almost all the 10 million jobs created since 2005 are temporary — Quartz Continue reading Almost all the 10 million US jobs created since 2005 are temporary
WTF?
Trump’s Legacy: Damaged Brains
President Trump’s E.P.A. is fine with children eating food tainted by a pesticide derived from a nerve gas. This is not good, no matter who the president is! Source: Trump’s Legacy: Damaged … Continue reading Trump’s Legacy: Damaged Brains
Congress’s Late-Night Vote to Protect Banks From Lawsuits
In the final hours of Tuesday night, the Senate voted to nullify a rule that would’ve allowed customers of banks, credit-card companies, and other financial institutions to join together in class-action lawsuits … Continue reading Congress’s Late-Night Vote to Protect Banks From Lawsuits
Poland Wants Strong Euro Zone Before Mulling Membership – Finance Minister
Poland wants the euro zone to become stronger before making a decision whether to join the single currency, Finance Minister Mateusz Morawiecki said. “We are holding our fingers crossed for the euro … Continue reading Poland Wants Strong Euro Zone Before Mulling Membership – Finance Minister
Portuguese ISP shows us what our internet will look like without net neutrality
Portuguese non-neutral ISP shows us what our Trumpian internet will look like Source: Portuguese non-neutral ISP shows us what our Trumpian internet will look like / Boing Boing Continue reading Portuguese ISP shows us what our internet will look like without net neutrality
Universal Basic Income is a neoliberal plot to make you poorer
Basic Income is often promoted as an idea that will solve inequality and make people less dependent on capitalist employment. However, it will instead aggravate inequality and reduce social programs that benefit … Continue reading Universal Basic Income is a neoliberal plot to make you poorer
The Whitefish scandal – Puerto Rico
The Whitefish scandal is a typical case of disaster capitalism, in which greedy corporations exploit disasters to gain private ownership of public assets, public resources, public utilities, and public infrastructure. All of this … Continue reading The Whitefish scandal – Puerto Rico
WTF?
Trump to declare health emergency over opioids but no new funds to help
The president’s announcement of an emergency over the opioid epidemic may be more symbolic, with no plan to assign money for state’s proposed measures In other words, this does nothing except allow … Continue reading Trump to declare health emergency over opioids but no new funds to help
Banks Win as EU Scraps Proposal to Split Up Retail and Investment Banks
The EU’s proposal to split up retail and investment banks is buried. So much for reigning in these “too big to fail” banks. As the article states: The withdrawal of the … Continue reading Banks Win as EU Scraps Proposal to Split Up Retail and Investment Banks
Privatisation is a rip off that has gone on long enough – and the public knows it
In Scotland, water is already publicly owned – as it is in Paris and cities around the world. You’re taking something that owned by the public and selling it to a company … Continue reading Privatisation is a rip off that has gone on long enough – and the public knows it
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