#POTUS Biden will champion a new Microsoft #Artificial Intelligence investment in #Wisconsin on Wedn — showcasing the failed #economic commitments of his political rival Trump, whose promises for a #job-rich Foxconn plant in the battleground state never materialized.
May 5, 1818, birthday of German philosopher Karl #Marx. His thoughts on #economy & #society may be well known, but Marx was actually also interested in #geology & copied some geological drawings for personal use - like the basalt cliffs of Staffa, Scotland ⚒️☭
Crise de liquidité en Libye : recours à la planche à #billets
La #Banque centrale de Libye entend résoudre la crise de liquidité en imprimant 5 milliards de dinars en billets de dix dinars et en les injectant dans l'économie au cours du mois de mai, dans le but de lutter contre la #congestion des banques et de fournir les #liquidités nécessaires aux dépenses publiques et aux travailleurs. ' les salaires '
This is a stunning graph: the plummeting tax rates of the richest Americans. For the first time in history, billionaires have a lower effective tax rate than working-class Americans.
This is really important, read and share this. [Gifted article, The Washington Post] This should be a 5-alarm fire for anyone who cares about inflation
With the 2024 election approaching, the central bank’s independence is on the line. By Catherine Rampell
All of us are subjected to rampant housing inflation. Here’s a way of communicating urgency in your daily life. Tell your local shopkeeper that your landlord or bank has commandeered their revenues by taking all your disposable income and then some.
It’s such a pity nothing can be done to reduce and stabilize the cost of living in your town.
Too bad, your business has been sacrificed to them, but it’s their natural right to charge as much as they can.
@BillMitchell most recent post says to me, what’s missing is that “free market” the economic mainstream rabbits on about. The big bad governments and especially the monomaniacal concerns of the modern economy drowns out real and practical innovation and development benefitting populations at the local scale, that invisible hand thing Smith went on about.
The size of modernity, its inertia, is unfit for purpose.