Thursday, June 26, 2025

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.

New Address for Donations by Check!

Like the shoemaker whose children go unshod, we are tardy in updating our address for check payments! Oopsie!

2:00PM Water Cooler 7/24/2023

~ Today’s Water Cooler ~

Could Winning an Election Be the End of Keir Starmer?

Elected as the lesser of two evils, Keir Starmer’s Labour will face crises from the offset. Could its disenchanted left step in?

Links 7/24/2023

Rage, Neoliberalism, and Phone Trees

How neoliberalism is contributing to the collective sour mood.

How “Big Ag” Pollutes America’s Water, and Makes Money Doing It

How habitual and unnecessary nitrogen overdosing in American farms is making water pollution even worse than it “need” be.

Links 7/23/2023

Germany Down the Rabbit Hole

Economics minister is again pressuring India on Russia while foreign minister Baerbock brags children can count on her to promote peace through war. 

Effects of “Unprecedented” Marine Heat Waves May Be Irreversible

The marine heat wave could lead to a redistribution of ocean species that may then also destabilize additional ecosystems.

Links 7/22/2023

The Looming War Against China: Economic Logic Has Been Replaced by National Security Overrides

Michael Hudson provides a deep dive on the US’ and now its Western allies’ obsessive campaign against China.

The Big Problem With Small Nuclear Reactors

Diminutive nculear reactors are likely to be just as prone to delays and cost overruns as their behemoth predecessors.

2:00PM Water Cooler 7/21/2023

~ Today’s Water Cooler ~

When Greenland Was Green: Ancient Soil From Beneath a Mile of Ice Offers Warnings for the Future

Scientists unlock findings about the past and the future using frozen soil extracted during the Cold War from beneath a nearly mile-thick section of the Greenland ice sheet.