Derek Ross
@wikiderek.bsky.social
Pinned
Derek Ross
@wikiderek.bsky.social
· Nov 18
This article helped me import my Twitter followers into Bluesky. It’s a huge timesaver.
Basically it crawls your followers list and looks for the accounts on Bluesky
www.wikihow.com/Import-Twitt...
Basically it crawls your followers list and looks for the accounts on Bluesky
www.wikihow.com/Import-Twitt...
My thanks to Edward for finding and sharing this. Good stuff!
Reposted by Derek Ross
An important but under-funded way to boost the amount of social housing is for councils to buy existing homes into their stock.
It pays off in rents, less benefit £ and huge wider gains, and it helped the Mayor of London achieve his housing targets. I call it Buy the Supply. 🧵
It pays off in rents, less benefit £ and huge wider gains, and it helped the Mayor of London achieve his housing targets. I call it Buy the Supply. 🧵
If the Treasury fail to provide Angela with the funding needed to deliver enough social homes in the Spending Review, they can wave goodbye to building 1.5 million new homes. A promise made to the country
Worse still, they’ll be condemning an entire generation to a cycle of poverty and homelessness
Worse still, they’ll be condemning an entire generation to a cycle of poverty and homelessness
'It's a national disgrace - the worst housing crisis we have faced since WWII.'
'160,000 homeless kids in England alone.'
@kwajo.bsky.social tells @matthew-wright.bsky.social that people living in 'slum' conditions are waiting on the government to fulfil its promised housebuilding targets.
'160,000 homeless kids in England alone.'
@kwajo.bsky.social tells @matthew-wright.bsky.social that people living in 'slum' conditions are waiting on the government to fulfil its promised housebuilding targets.
June 10, 2025 at 7:20 AM
An important but under-funded way to boost the amount of social housing is for councils to buy existing homes into their stock.
It pays off in rents, less benefit £ and huge wider gains, and it helped the Mayor of London achieve his housing targets. I call it Buy the Supply. 🧵
It pays off in rents, less benefit £ and huge wider gains, and it helped the Mayor of London achieve his housing targets. I call it Buy the Supply. 🧵
Reposted by Derek Ross
You may not like it but this is what 2 high agency males look like.
June 6, 2025 at 8:04 PM
You may not like it but this is what 2 high agency males look like.
Reposted by Derek Ross
Every American renter is just a temporarily embarrassed landowner
"-UBI funded by land value taxes"
I think you mean it polls at -112%
I think you mean it polls at -112%
June 5, 2025 at 5:31 PM
Every American renter is just a temporarily embarrassed landowner
Reposted by Derek Ross
Not the whole story, is it?Where does the bank get the $$ from?
Your bank money pay for taxes. Not even MMT disagrees with that.👇
#LearnMMT
Gov creates the payment system. Private Sector (the monopolist) creates the money facilitated by private banks in local payment system or other payment systems such as €£¥$ etc..
Gov creates debt, not money.
#LearnMMT
Gov creates the payment system. Private Sector (the monopolist) creates the money facilitated by private banks in local payment system or other payment systems such as €£¥$ etc..
Gov creates debt, not money.
June 5, 2025 at 5:48 PM
Not the whole story, is it?Where does the bank get the $$ from?
Reposted by Derek Ross
Making it harder to buy steel and aluminum will definitely shut down *someone’s* car industry
*TRUMP SAYS HE'S INCREASING CANADA STEEL, ALUMINUM TARIFF TO 50%
*TRUMP THREATENS TO `PERMANENTLY SHUT DOWN' CANADA CAR INDUSTRY
*TRUMP: CANADA TARIFF DUE TO ELECTRICITY TARIFF
*TRUMP THREATENS TO `PERMANENTLY SHUT DOWN' CANADA CAR INDUSTRY
*TRUMP: CANADA TARIFF DUE TO ELECTRICITY TARIFF
March 11, 2025 at 2:20 PM
Making it harder to buy steel and aluminum will definitely shut down *someone’s* car industry
Reposted by Derek Ross
What if the key to fixing housing prices and revitalizing small towns is… Universal Basic Income?
Even better: what if we fund it with a Land Value Tax?
Here’s how that #UBI combo could cool overpriced cities, boost development, and rebalance the economy 🧵
Even better: what if we fund it with a Land Value Tax?
Here’s how that #UBI combo could cool overpriced cities, boost development, and rebalance the economy 🧵
April 11, 2025 at 1:59 PM
Reposted by Derek Ross
Mark Carney's office opened 90% of emails our supporters sent about basic income, from liberals and non-liberals alike.
Many brought up an important idea: UBI should be a dividend from things we own in common, like natural resources and the rent of land.🧵
Many brought up an important idea: UBI should be a dividend from things we own in common, like natural resources and the rent of land.🧵
April 4, 2025 at 3:27 PM
Mark Carney's office opened 90% of emails our supporters sent about basic income, from liberals and non-liberals alike.
Many brought up an important idea: UBI should be a dividend from things we own in common, like natural resources and the rent of land.🧵
Many brought up an important idea: UBI should be a dividend from things we own in common, like natural resources and the rent of land.🧵
Reposted by Derek Ross
How to beat Trump's silly tariffs: be an economically efficient country. Relieve producers of internal tariffs, taxes on labour, production and trade, enable them to undercut the Trump tariffs. Collect the economic rents of your country instead. #abolishtaxes #sharetherents #superchargetheeconomy
April 3, 2025 at 12:26 AM
How to beat Trump's silly tariffs: be an economically efficient country. Relieve producers of internal tariffs, taxes on labour, production and trade, enable them to undercut the Trump tariffs. Collect the economic rents of your country instead. #abolishtaxes #sharetherents #superchargetheeconomy
Reposted by Derek Ross
THERE IS NO SUCH THING AS A “TRADE DEFICIT”—IT’S JUST CALLED “BUYING THINGS.” YOU DO NOT HAVE A TRADE DEFICIT WITH YOUR DENTIST JUST BECAUSE HE NEVER BUYS ANYTHING FROM YOU.
April 2, 2025 at 10:58 PM
THERE IS NO SUCH THING AS A “TRADE DEFICIT”—IT’S JUST CALLED “BUYING THINGS.” YOU DO NOT HAVE A TRADE DEFICIT WITH YOUR DENTIST JUST BECAUSE HE NEVER BUYS ANYTHING FROM YOU.
Reposted by Derek Ross
Harry Enten commits the cardinal sin on wage growth. No one gets taller when the short people leave the room, even though the average height rises
deanbaker22.substack.com/p/harry-ente...
deanbaker22.substack.com/p/harry-ente...
Harry Enten Commits the Cardinal Sin: No One Gets Taller When the Short People Leave the Room
I almost always enjoy Harry Enten’s analyses on CNN.
deanbaker22.substack.com
March 29, 2025 at 2:58 PM
Harry Enten commits the cardinal sin on wage growth. No one gets taller when the short people leave the room, even though the average height rises
deanbaker22.substack.com/p/harry-ente...
deanbaker22.substack.com/p/harry-ente...
Reposted by Derek Ross
1% own 70% UK land
60% UK wealth vested in land
You can't hide land in a tax haven
Tax Land!
www.labourland.org
60% UK wealth vested in land
You can't hide land in a tax haven
Tax Land!
www.labourland.org
March 25, 2025 at 11:42 PM
1% own 70% UK land
60% UK wealth vested in land
You can't hide land in a tax haven
Tax Land!
www.labourland.org
60% UK wealth vested in land
You can't hide land in a tax haven
Tax Land!
www.labourland.org
Reposted by Derek Ross
It's wild that an entire generation of voters got bamboozled into thinking that charging a fee for polluting the atmosphere is a bad idea.
March 13, 2025 at 3:59 PM
It's wild that an entire generation of voters got bamboozled into thinking that charging a fee for polluting the atmosphere is a bad idea.
Reposted by Derek Ross
If you want real welfare reform, just do UBI. Scrap UC and its means-testing bureaucracy and replace it with a UBI system that gives every UK adult a fixed £2k a month regardless of background or circumstance. You have a majority, you can pass it, but instead you're sinking it on indefensible cuts.
March 13, 2025 at 9:00 AM
If you want real welfare reform, just do UBI. Scrap UC and its means-testing bureaucracy and replace it with a UBI system that gives every UK adult a fixed £2k a month regardless of background or circumstance. You have a majority, you can pass it, but instead you're sinking it on indefensible cuts.
Reposted by Derek Ross
The tariff shock will create an opportunity for sellers’ inflation 2.0. It functions like the pandemic cost shocks. There will be plenty of confusion on the part of consumers. Prices will rise promptly but inventories were bought at pre-tariff costs. This alone means windfalls.
March 5, 2025 at 1:18 PM
The tariff shock will create an opportunity for sellers’ inflation 2.0. It functions like the pandemic cost shocks. There will be plenty of confusion on the part of consumers. Prices will rise promptly but inventories were bought at pre-tariff costs. This alone means windfalls.
Reposted by Derek Ross
Why have people lost trust in our political system?
Because it isn't fair and cowardly politicians refuse to do anything about it.
Our distribution of wealth is unfair - those with the most pay a lower proportion than those with the least.
Land Value Tax will fix that.
landvaluetax.co.uk/
Because it isn't fair and cowardly politicians refuse to do anything about it.
Our distribution of wealth is unfair - those with the most pay a lower proportion than those with the least.
Land Value Tax will fix that.
landvaluetax.co.uk/
Land Value Tax for the UK
Land Value Tax (LVT) is simple, fair, and impossible to avoid. LVT can replace unfair taxes like Council Tax and provide 100% of the funding required by Local Authorities.
landvaluetax.co.uk
March 6, 2025 at 12:46 PM
Why have people lost trust in our political system?
Because it isn't fair and cowardly politicians refuse to do anything about it.
Our distribution of wealth is unfair - those with the most pay a lower proportion than those with the least.
Land Value Tax will fix that.
landvaluetax.co.uk/
Because it isn't fair and cowardly politicians refuse to do anything about it.
Our distribution of wealth is unfair - those with the most pay a lower proportion than those with the least.
Land Value Tax will fix that.
landvaluetax.co.uk/
Reposted by Derek Ross
“In Finland, the number of homeless people has fallen sharply. Those affected receive a small apartment & counselling with no preconditions. 4 out of 5 people affected make their way back into a stable life. And all this is CHEAPER than accepting homelessness.”
Finland ends homelessness and provides shelter for all in need - scoop.me
In Finland, the number of homeless people has fallen sharply. Why? The country applies the "Housing First" concept agains homelessness.
thebetter.news
March 6, 2025 at 5:45 AM
“In Finland, the number of homeless people has fallen sharply. Those affected receive a small apartment & counselling with no preconditions. 4 out of 5 people affected make their way back into a stable life. And all this is CHEAPER than accepting homelessness.”
Reposted by Derek Ross
The main collateral is landed property. Correct the land market (with Land Value Tax) and you stop the cycle.
Banking is violently procyclical. When collateral values are perceived to be at risk banks put the brakes on new lending, thereby reducing private sector deficit spending that offsets savings desires/supports GDP/bank capital etc. in an accelerating downward spiral as per 2008.
March 4, 2025 at 6:37 PM
The main collateral is landed property. Correct the land market (with Land Value Tax) and you stop the cycle.
Reposted by Derek Ross
My comment on sale of Inverbroom Estate. www.theguardian.com/uk-news/2025...
March 3, 2025 at 9:07 PM
My comment on sale of Inverbroom Estate. www.theguardian.com/uk-news/2025...
Reposted by Derek Ross
Thanks @scottsantens.com
Nobel prize-winning economist Abhijit Banerjee on an ongoing 12-year UBI experiment that he's working on:
timesofindia.indiatimes.com/blogs/tastin...
Nobel prize-winning economist Abhijit Banerjee on an ongoing 12-year UBI experiment that he's working on:
timesofindia.indiatimes.com/blogs/tastin...
February 19, 2025 at 7:15 PM
Thanks @scottsantens.com
Nobel prize-winning economist Abhijit Banerjee on an ongoing 12-year UBI experiment that he's working on:
timesofindia.indiatimes.com/blogs/tastin...
Nobel prize-winning economist Abhijit Banerjee on an ongoing 12-year UBI experiment that he's working on:
timesofindia.indiatimes.com/blogs/tastin...
Reposted by Derek Ross
Oh Noes, Not The Gilt Death Spiral!
(Where is my &^%*ing fainting couch?)
open.substack.com
January 23, 2025 at 4:17 PM
Reposted by Derek Ross
Federal Reserve Bank of Minneapolis ran a guaranteed basic income pilot and labour supply did not decrease — it INCREASED.
"We do not find evidence that GBI payments caused recipients to reduce their labor supply. In fact…is higher among treated respondents than control respondents."
"We do not find evidence that GBI payments caused recipients to reduce their labor supply. In fact…is higher among treated respondents than control respondents."
January 23, 2025 at 4:40 PM
Federal Reserve Bank of Minneapolis ran a guaranteed basic income pilot and labour supply did not decrease — it INCREASED.
"We do not find evidence that GBI payments caused recipients to reduce their labor supply. In fact…is higher among treated respondents than control respondents."
"We do not find evidence that GBI payments caused recipients to reduce their labor supply. In fact…is higher among treated respondents than control respondents."
Reposted by Derek Ross
This is a thread about the results of Sam Altman's OpenResearch US (ORUS) basic income pilot that many UBI opponents claim to show UBI doesn't work. The results were actually really interesting but the op-eds and social media hot takes about them are full of lies of omission and lack of context. 🧵
January 16, 2025 at 2:33 PM
This is a thread about the results of Sam Altman's OpenResearch US (ORUS) basic income pilot that many UBI opponents claim to show UBI doesn't work. The results were actually really interesting but the op-eds and social media hot takes about them are full of lies of omission and lack of context. 🧵
Reposted by Derek Ross
Monday's blog post (13/01) is now posted (12:59 EAST) - Fake news is not just the practise of the Right - billmitchell.org/blog/?p=62292 #mmt
Fake news is not just the practise of the Right – William Mitchell – Modern Monetary Theory
billmitchell.org
January 13, 2025 at 2:00 AM
Monday's blog post (13/01) is now posted (12:59 EAST) - Fake news is not just the practise of the Right - billmitchell.org/blog/?p=62292 #mmt
Reposted by Derek Ross
We’ve tried trickle-down economics for pretty much my entire life. It doesn’t work. How about we try trickle-up economics for a similar amount of time? UBI anyone?
January 7, 2025 at 11:03 PM
We’ve tried trickle-down economics for pretty much my entire life. It doesn’t work. How about we try trickle-up economics for a similar amount of time? UBI anyone?
Reposted by Derek Ross
'Alfie [Best] moved to Monaco in April, he said: “Britain needs to wake up - we are losing wealth creators."'
What kind of "wealth" he created:
'The 54-year-old who founded caravan park titan Wyldecrest Parks, is currently worth an estimated £947million.'
Purely rent/wealth extraction. #LVT
What kind of "wealth" he created:
'The 54-year-old who founded caravan park titan Wyldecrest Parks, is currently worth an estimated £947million.'
Purely rent/wealth extraction. #LVT
December 22, 2024 at 12:19 AM
'Alfie [Best] moved to Monaco in April, he said: “Britain needs to wake up - we are losing wealth creators."'
What kind of "wealth" he created:
'The 54-year-old who founded caravan park titan Wyldecrest Parks, is currently worth an estimated £947million.'
Purely rent/wealth extraction. #LVT
What kind of "wealth" he created:
'The 54-year-old who founded caravan park titan Wyldecrest Parks, is currently worth an estimated £947million.'
Purely rent/wealth extraction. #LVT