Category Archives: Guest Post

Central Banks and Income Distribution: Does the Taylor Rule Push Up Rentier Incomes?

An explanation of how a favorite Fed rate setting tool, the Taylor Rule, promotes inequality by shifting income away from workers.

The Fallout from the Nigel Farage Debanking Scandal Continues to Spread

The share price of Coutts’ parent bank, semi-state owned Natwest, has slumped 8% over the past 10 days, wiping £1 billion off its market cap and generating juicy returns for short-selling hedge funds.

Revealed: Fossil Fuel Giants Are Using British Influencers to go Viral

Some badly-needed naming and shaming of soi-disant influencers who ran undisclosed advertorials for dirty energy companies

2:00PM Water Cooler 7/27/2023

~ Today’s Water Cooler ~

Alt-Media Is in Shock After the BRICS Bank Confirmed That It Complies with Western Sanctions

Andrew Korybko explains why the BRICS won’t move as quickly on the new reserve currency projects as enthusiasts suggest.

Links 7/27/2023

Energy Destinies – Part 7: Endgames – The Strait Jacket

A look at population growth and energy consumption shows that there is no way the world will change behavior enough to stop worst outcomes

The Balloon Goes Up – How Far Will The Nato Allies Go To Fight Their Losing War in The Ukraine — How Much More Will They Risk Losing of Their Post-1945 Territorial Gains?

Putin has cleared his throat to warn against NATO/Poland incursions into Western Ukraine. But will this red line too be ignored?

Decades of Public Messages about Recycling in the US Have Crowded Out More Sustainable Ways to Manage Waste

Why trying to tackle trash with recycling is too little, too late.

‘Time for Congress to Act’: Sanders, Scott Unveil $17 Federal Minimum Wage Bill

Another push for a minimum wage boost. The gap between the $17 target and the current level of $7.25 an hour is a yawning chasm.

No Joke: Ursula Von der Leyen’s EU Commission Just Received “World Prize for Peace and Freedom”

Few political figures have done more to keep Ukrainians fighting — and dying in huge numbers — in a bloody, futile proxy war of attrition than Von der Leyen.

James Galbraith: How Central Bank Myths and Practices Support Financiers and Dollar Hegemony

Sadly, some bank-serving fables are very durable, so James Galbraith has (yet another) go at them.

2:00PM Water Cooler 7/24/2023

~ Today’s Water Cooler ~