Last week, the Modern Monetary Theory Podcast ran part 1 of my interview with co-host Christian Reilly; they've just published the second and final half of our chat (MP3), where we talk about the link between corruption and monopoly, how to pitch monetary theory to people who want to abolish money altogether, and how stories shape the future.
If you're new to MMT, here's my brief summary of its underlying premises: "Governments spend money into existence and tax it out of existence, and government deficit spending is only inflationary if it's bidding against the private sector for goods or services, which means that the government could guarantee every unemployed person a job (say, working on the Green New Deal), and which also means that every unemployed person and every unfilled social services role is a political choice, not an economic necessity."
This is some serious Wile E. Coyote-level gopher management going on here.
The Center for the Study of the Drone at Bard College has a weekly newsletter devoted to drones. Here’s a sampling of the military and domestic drone technology spotlighted this week. The BBC looked at new anti-drone devices like Raytheon’s “Phaser” that may have been sent to the Middle East after the attack on Saudi […]
When Margaret Atwood published "The Handmaid's Tale" back in 1985, it was at the dawn of the Reagan era, when the gains made by feminism and other liberation movements trembled before an all-out assault mounted by a bizarre coalition of the super-rich and the (historically apolitical) evangelical movement; 35 years later, even more ground has been lost and in many ways it's hard to imagine a more apt moment for Atwood to have published a sequel: The Testaments.
Everybody could use a little improvement, especially those of us on the hunt for new careers. Each job requires a different set of skills, and that list can change from year to year or even month to month as new technologies emerge. When you’re in that race and need to learn fast, the old model […]
In recent years, natural language processing technology and language translation technology have advanced greatly. The trouble is, language translation software typically comes in the form of apps. And while your mileage may vary on their usefulness, they share one thing in common: a serious drain on the battery for your smartphone, the very thing you’ll […]
Treat yourself, internet: We’ve rounded up some deals from the past week that were too good not to bring back for an encore. Take your pick from home goods, massagers and other tech, all at serious discounts. TREBLAB Z2 Bluetooth 5.0 Noise-Cancelling Headphones Get in the groove and stay that way with these headphones and […]