“Uncle Sam’s red ink is our black ink! His deficit is our financial surplus. Just follow the money: $100 goes into our bucket; $90 goes back out to pay taxes; $10 is left in our bucket.”

-Stephanie Kelton

Time Stops this Saturday when Daniel Bell plays at Tangent.
ra.co/events/2025205

Time Stops this Saturday when Daniel Bell plays at Tangent.
ra.co/events/2025205

"There are two kinds of (economic) forecasters: those who don't know, and those who don't know they don't know."

-John Kenneth Galbraith

What’s clear to me from farmers protests.

1) Farming land value going up has little to do with farming activities and more to do with land as a financial asset.

2) Farmers saw the increase in value as a consolation price for what is generally really badly paid work.

Depeche Mode

The 5th Deadly Innocent Fraud takes its toll:
moslereconomics.com/wp-content/u...

www.msn.com/en-us/money/...

It's a shame that more people don't realize that this is also true of the government balance.
via @martinsandbu.bsky.social www.ft.com/content/dd73...

RIP Aaron Swartz who as programmer helped develop the web feed format RSS; the technical architecture for Creative Commons; and the Markdown format.

"When he tried to liberate data from an academic website, US authorities responded with $1m fine and 35 years in jail. Then he took his own life."

I'll never forget Carl Malamud's powerful eulogy of Aaron.
www.youtube.com/watch?v=VllJ...

What yall got goin on over here?