?whispers?
@whispers-actual.bsky.social
Hoping to put the ECO in ECOnomics. Once you understand how economics shapes our world and can be used to help in most of our crises, you will get it. #MMT
Pinned
?whispers?
@whispers-actual.bsky.social
· Nov 16
By measuring the mortality, morbidity and misery inflicted upon the most vulnerable, conservatives and centrists can quantify their success.
The GDP of austerity.
The GDP of austerity.
Reposted by ?whispers?
Isn't it refreshing when someone actually does nuance and detail?
H/t @andyverity.bsky.social at the BBC!
H/t @andyverity.bsky.social at the BBC!
November 29, 2025 at 9:25 AM
Isn't it refreshing when someone actually does nuance and detail?
H/t @andyverity.bsky.social at the BBC!
H/t @andyverity.bsky.social at the BBC!
"no vision, and no investment. There was just fear of the City of London"
Rachel Reeves' Budget was a damp squib, delivering austerity by stealth. There was no vision, and no investment. There was just fear of the City of London. In this video, I ask why the Chancellor has surrendered economic power to finance. youtu.be/6pTpT_uB_4M?...
Rachel Reeves’ budget: Who really governs Britain?
YouTube video by Richard J Murphy
youtu.be
November 29, 2025 at 11:23 AM
"no vision, and no investment. There was just fear of the City of London"
"Learn the difference by crashing an economy (for educational purposes)"
There are real constraints: workers, factories, energy, time.
And there are fake constraints: "but where will the money come from?"
Learn the difference by crashing an economy (for educational purposes).
keystroke.mmtaction.uk
#MMT
And there are fake constraints: "but where will the money come from?"
Learn the difference by crashing an economy (for educational purposes).
keystroke.mmtaction.uk
#MMT
November 29, 2025 at 1:00 AM
"Learn the difference by crashing an economy (for educational purposes)"
Reposted by ?whispers?
Researching her film The Story of Stuff, Annie Leonard discovered that of the materials flowing through the consumer economy, only 1% remain in use six months after sale.
www.facebook.com/filmsforacti...
www.facebook.com/filmsforacti...
Films For Action
There’s nothing they need, nothing they don’t own already, nothing they even want. So you buy them a solar-powered waving queen; a belly button brush; a silver-plated ice cream tub holder; a...
www.facebook.com
November 28, 2025 at 11:19 PM
Researching her film The Story of Stuff, Annie Leonard discovered that of the materials flowing through the consumer economy, only 1% remain in use six months after sale.
www.facebook.com/filmsforacti...
www.facebook.com/filmsforacti...
Reposted by ?whispers?
Reposted by ?whispers?
I'm so looking forward to the Budget today, brought to us by a Chancellor who hasn't a fucking clue how the fiscal powers, and responsibilities, of government work.
November 26, 2025 at 9:53 AM
I'm so looking forward to the Budget today, brought to us by a Chancellor who hasn't a fucking clue how the fiscal powers, and responsibilities, of government work.
Reposted by ?whispers?
"discuss how sovereign currency works and why budget commentary is economic fan fiction"
Another budget, another "we must live within our means" while the government literally creates the currency 🤯
Tired of household credit card analogies? Join our Discord to discuss how sovereign currency works and why budget commentary is economic fan fiction.
discord.gg/S3UbxFe4FR
#MMT
Tired of household credit card analogies? Join our Discord to discuss how sovereign currency works and why budget commentary is economic fan fiction.
discord.gg/S3UbxFe4FR
#MMT
Join the MMT UK Discord Server!
Check out the MMT UK community on Discord - hang out with 131 other members and enjoy free voice and text chat.
discord.gg
November 26, 2025 at 2:49 PM
"discuss how sovereign currency works and why budget commentary is economic fan fiction"
Reposted by ?whispers?
Spending is cut because we have a govt that doesn't understand govt funding. #mmt
It beggars belief and beggars us all. Pathetic economic nonsense in the 21st Century.
It beggars belief and beggars us all. Pathetic economic nonsense in the 21st Century.
November 26, 2025 at 2:26 PM
Spending is cut because we have a govt that doesn't understand govt funding. #mmt
It beggars belief and beggars us all. Pathetic economic nonsense in the 21st Century.
It beggars belief and beggars us all. Pathetic economic nonsense in the 21st Century.
Reposted by ?whispers?
Private equity doesn’t create value. It extracts it. It’s financial vampirism. It sucks companies dry and leaves behind empty husks.
Step 1: Buy a company with borrowed money
Step 2: Shift that debt onto the company
Step 3: Fire workers to “improve efficiency”...
Step 1: Buy a company with borrowed money
Step 2: Shift that debt onto the company
Step 3: Fire workers to “improve efficiency”...
Meet James Coulter: The Billionaire Private Equity Guy Who Gets Rich by Making People Unemployed
James Coulter has a net worth of around $3 billion. He didn’t invent anything. He didn’t cure a disease. He didn’t build a product people…
medium.com
November 24, 2025 at 9:50 AM
Private equity doesn’t create value. It extracts it. It’s financial vampirism. It sucks companies dry and leaves behind empty husks.
Step 1: Buy a company with borrowed money
Step 2: Shift that debt onto the company
Step 3: Fire workers to “improve efficiency”...
Step 1: Buy a company with borrowed money
Step 2: Shift that debt onto the company
Step 3: Fire workers to “improve efficiency”...
Phil (as usual) speaketh the truth...
November 24, 2025 at 11:50 AM
Phil (as usual) speaketh the truth...
"What matters is the effect on the overall economy"
Taxes don't 'raise' anything in a monetarily sovereign fiat currency regime such as ours. £3bn of taxation is £3bn removed from the economy. What matters is the effect on the overall economy of the government's fiscal actions of spending money into existence and taxing it out of existence.
UK Budget’s pensions tax raid to raise over £3bn
Expected move by chancellor Rachel Reeves next week faces strong pushback from businesses
www.ft.com
November 23, 2025 at 10:14 AM
"What matters is the effect on the overall economy"
Reposted by ?whispers?
If you have a sense that most economists are disconnected from reality and talk theoretical bullshit, you are correct.
If you would like to hear from economists who are grounded in reality, these talks are for you.
If you would like to hear from economists who are grounded in reality, these talks are for you.
Economics of Sustainability 2026 Lecture Series
Free online talks with world leading experts in #MMT and ecological economics.
events.humanitix.com
November 17, 2025 at 6:00 AM
If you have a sense that most economists are disconnected from reality and talk theoretical bullshit, you are correct.
If you would like to hear from economists who are grounded in reality, these talks are for you.
If you would like to hear from economists who are grounded in reality, these talks are for you.
Reposted by ?whispers?
Reposted by ?whispers?
We need to understand the mechanics of power if we’re going to build the future we deserve.
realprogressives.org/mnc-podcast-...
realprogressives.org/mnc-podcast-...
Episode 354 - The Fed As a Weapon of Class War with L. Randall Wray
L. Randall (Randy) Wray explains the workings of the Federal Reserve and how its policies enrich the wealthy while disciplining labor.
realprogressives.org
November 15, 2025 at 1:27 PM
We need to understand the mechanics of power if we’re going to build the future we deserve.
realprogressives.org/mnc-podcast-...
realprogressives.org/mnc-podcast-...
Reposted by ?whispers?
If you have a sense that most mainstream economists seem disconnected from the real world, you are correct.
One of their most damaging myths is the nature of money.
e.g. Thatcher; "There is no such thing as public money, there is only taxpayer money".
The RBA explains the reality.
One of their most damaging myths is the nature of money.
e.g. Thatcher; "There is no such thing as public money, there is only taxpayer money".
The RBA explains the reality.
Money in the Australian Economy | Bulletin – September 2018
Money forms part of our everyday lives and is integral to the smooth functioning of the financial system and the real economy; however, discussions of what money is and how it is created are generally...
www.rba.gov.au
November 14, 2025 at 9:51 AM
If you have a sense that most mainstream economists seem disconnected from the real world, you are correct.
One of their most damaging myths is the nature of money.
e.g. Thatcher; "There is no such thing as public money, there is only taxpayer money".
The RBA explains the reality.
One of their most damaging myths is the nature of money.
e.g. Thatcher; "There is no such thing as public money, there is only taxpayer money".
The RBA explains the reality.
Reposted by ?whispers?
Great new open access article.
'Historical context of the experience of money and the road less travelled: the history of economic thought, Dennis Robertson’s Money, the thing positioned and the positioned thing' url: academic.oup.com/cje/article/...
'Historical context of the experience of money and the road less travelled: the history of economic thought, Dennis Robertson’s Money, the thing positioned and the positioned thing' url: academic.oup.com/cje/article/...
Validate User
academic.oup.com
November 14, 2025 at 4:39 PM
Great new open access article.
'Historical context of the experience of money and the road less travelled: the history of economic thought, Dennis Robertson’s Money, the thing positioned and the positioned thing' url: academic.oup.com/cje/article/...
'Historical context of the experience of money and the road less travelled: the history of economic thought, Dennis Robertson’s Money, the thing positioned and the positioned thing' url: academic.oup.com/cje/article/...
Reposted by ?whispers?
Regarding SNAP...
The currency-issuing federal government cannot run out of the currency it alone creates by fiat any more than a football stadium can run out of points. All of this debt ceiling & shutdown nonsense is pure political theater.
realprogressives.org/the-price-of...
The currency-issuing federal government cannot run out of the currency it alone creates by fiat any more than a football stadium can run out of points. All of this debt ceiling & shutdown nonsense is pure political theater.
realprogressives.org/the-price-of...
The Price of Hunger
Inadequate access to nutrition is a problem Americans can solve. It’s time to shut down the false narratives about pay-fors that keep solutions out of reach.
realprogressives.org
November 3, 2025 at 3:18 PM
Regarding SNAP...
The currency-issuing federal government cannot run out of the currency it alone creates by fiat any more than a football stadium can run out of points. All of this debt ceiling & shutdown nonsense is pure political theater.
realprogressives.org/the-price-of...
The currency-issuing federal government cannot run out of the currency it alone creates by fiat any more than a football stadium can run out of points. All of this debt ceiling & shutdown nonsense is pure political theater.
realprogressives.org/the-price-of...
Reposted by ?whispers?
🔥🇦🇷NEW Episode!
Trump’s “$20B for Argentina” wasn’t aid – it was a heist. A hard look at class war, financial imperialism, and the same old empire in new neoliberal disguise with Daniel Kostzer & @austerityismurder.bsky.social
Trump’s “$20B for Argentina” wasn’t aid – it was a heist. A hard look at class war, financial imperialism, and the same old empire in new neoliberal disguise with Daniel Kostzer & @austerityismurder.bsky.social
Episode 353 - Dollars for Oligarchs, Austerity for Argentina with Daniel Kostzer
Economist Daniel Kostzer exposes how Milei’s shock policies and IMF pressures allow hedge funds to cash out while Argentina’s workers face inflation, wage cuts, and collapse.
realprogressives.org
November 8, 2025 at 11:45 PM
🔥🇦🇷NEW Episode!
Trump’s “$20B for Argentina” wasn’t aid – it was a heist. A hard look at class war, financial imperialism, and the same old empire in new neoliberal disguise with Daniel Kostzer & @austerityismurder.bsky.social
Trump’s “$20B for Argentina” wasn’t aid – it was a heist. A hard look at class war, financial imperialism, and the same old empire in new neoliberal disguise with Daniel Kostzer & @austerityismurder.bsky.social
Reposted by ?whispers?
Reposted by ?whispers?
"A strong public sector that effectively sets the price of capital at zero shifts essential financial resources from speculative activity to necessary public provisioning."
Beyond Loans: The Public Grant-Making Bank
By the Money on the Left Editorial Collective Public banking has been gaining traction for years, driven by a growing recognition that our current financial system often fails to serve the public g…
moneyontheleft.org
November 12, 2025 at 12:09 PM
"A strong public sector that effectively sets the price of capital at zero shifts essential financial resources from speculative activity to necessary public provisioning."
Reposted by ?whispers?
Few things have become quite as dangerous as the simulation of climate action.
Carbon offsets, distant technosolutionist promises and a hyper-focus on “efficiency” all serve as methodologies to distract from their dangerous nature. www.crikey.com.au/2025/11/06/n...
Carbon offsets, distant technosolutionist promises and a hyper-focus on “efficiency” all serve as methodologies to distract from their dangerous nature. www.crikey.com.au/2025/11/06/n...
Forget the Coalition, Labor has already abandoned net zero in all but name (and its excuses are absurd)
A speech from one Labor MP, both fantastical and technologically absurd, illuminates the government's terrifying approach to climate change.
www.crikey.com.au
November 7, 2025 at 10:39 PM
Few things have become quite as dangerous as the simulation of climate action.
Carbon offsets, distant technosolutionist promises and a hyper-focus on “efficiency” all serve as methodologies to distract from their dangerous nature. www.crikey.com.au/2025/11/06/n...
Carbon offsets, distant technosolutionist promises and a hyper-focus on “efficiency” all serve as methodologies to distract from their dangerous nature. www.crikey.com.au/2025/11/06/n...
Reposted by ?whispers?
Real Progressives has a free book club tonight at 8PM EST. We listen to chapters, we discuss chapters, we build community.
Currently we are studying State and Revolution.
Register here
us06web.zoom.us/meeting/regi...
Currently we are studying State and Revolution.
Register here
us06web.zoom.us/meeting/regi...
November 6, 2025 at 11:02 PM
Real Progressives has a free book club tonight at 8PM EST. We listen to chapters, we discuss chapters, we build community.
Currently we are studying State and Revolution.
Register here
us06web.zoom.us/meeting/regi...
Currently we are studying State and Revolution.
Register here
us06web.zoom.us/meeting/regi...
Reposted by ?whispers?
It's time for a Job Guarantee.
Our latest working paper from Levy President @ptcherneva.bsky.social traces the "enshittification" (Doctorow)) of the modern labor market and how the postwar promise of full employment turned into a trap of precarity and debt
The Job Guarantee could be the answer.
levyinstitute.org/publications...
The Job Guarantee could be the answer.
levyinstitute.org/publications...
November 6, 2025 at 11:42 PM
It's time for a Job Guarantee.
Reposted by ?whispers?
