GhostOnTheHalfShell

GhostOnTheHalfShell, 1 day ago to random

#askfedi
Is there any way to filter following list to find someone?

GhostOnTheHalfShell, 1 day ago to random

#askfedi #animatedMovies

There’s an Italian(?) animated short involving mosquitoes living off a sleeping human, as an allegory for modern dependence on oil.

I don’t remember the name. Anyone?

GhostOnTheHalfShell, 1 day ago to random

#MBARI #neeto

3 min

As the Dutch would say "mooi!"

https://youtu.be/r5EJCJbZ3qQ

GhostOnTheHalfShell, 2 days ago (edited 2 days ago) to random

@economics@a.gup.pe

#SteveKeenAndFriends
#SteveKeen

Sat @9am PST

starts in 2hrs

Ann returns!

https://www.youtube.com/live/MNpVQvgzn30

GhostOnTheHalfShell, 4 days ago to random

@AbandonedAmerica

https://youtu.be/Nw2j2-YSknU

GhostOnTheHalfShell, 4 days ago to random

#MorePerfectUnion

:ablobwobble:

BREAKING: The Justice Department and 30 U.S. states have filed a sweeping lawsuit charging Live Nation-Ticketmaster with running illegal monopolies over ticketing and concert promotion. “It is time to break up Live Nation-Ticketmaster," Attorney General Merrick Garland said.

https://www.youtube.com/post/Ugkxi2qL6xnM7cqagpcEAqODbeOdw9VB7J9Q

GhostOnTheHalfShell, 4 days ago to climate

#climatechange #permafrost

5 min

https://youtu.be/sBFhsGAFIaw

GhostOnTheHalfShell, 5 days ago to Economics

@economics@a.gup.pe

#inflation #Economics #mmt

An inflationary spiral based on expectations. It is a very different one from a deflationary one.

In the case of supply chain disruption (think floods and drought) it's a supply shock and at best businesses have to scramble to adapt (invest etc) to get around the problem. But hammering COL demand is perverse.

In all cases, messing around with interest rates is largely an exercise in futility.

🧵

https://youtu.be/eX4Sh1sq6HU?si=8NUW_83dz4sfUDtE

GhostOnTheHalfShell, 6 days ago (edited 5 days ago) to Economics

@economics@a.gup.pe
@economics

#economics #uspol

May 21

7 min

https://youtu.be/eknE5NjNMQg

🧵

GhostOnTheHalfShell, 6 days ago to climate

IIRC, turbulence is another little hazard of a warmer climate. It might just reduce air flight.

https://youtu.be/uak-Zm4qhBk

#climatechange

GhostOnTheHalfShell, 9 days ago (edited 9 days ago) to Economics

@economics@a.gup.pe

#SteveKeen #economics

Hot off the presses. The next serialized chapter of his book.

🧵

https://profstevekeen.substack.com/p/why-are-economists-trying-to-hide

GhostOnTheHalfShell, 9 days ago (edited 9 days ago) to random

@economics@a.gup.pe

Blair Fix has a YouTube account!

https://mastodon.online/

GhostOnTheHalfShell, 10 days ago to random

We'll see how long it lasts or if it can ramp up there.

Mass famine is underway in the North and spreading South. At best 150 trucks a day can only lightly mitigate the death toll already set in motion.

GhostOnTheHalfShell, 11 days ago to random

#strandbeest #neeto

@notjustbikes

Definitely cool factor..

An evolution of strandbeest

https://youtu.be/V3Lai0lZsWI

GhostOnTheHalfShell, 11 days ago to random

#MorePerfectUnion

“Across the country, private companies are swooping in to buy local water and sewer systems from the governments that own them. Then they jack up the prices -- forcing normal people to pay higher rates not just for the water that comes out of their faucets, but even the water that comes out of their toilets.

…

https://actionnetwork.org/letters/take-action-stop-water-privatization-in-your-community

GhostOnTheHalfShell, 11 days ago (edited 9 days ago) to random

@economics@a.gup.pe

#SteveKeen #SteveKeenAndFriends

Denise Hearn was a stellar guest and the exchange between her and Keen quite interesting!

https://www.youtube.com/live/jrquIAehcn0

GhostOnTheHalfShell, 12 days ago (edited 12 days ago) to Economics

@economics@a.gup.pe

#SteveKeen #economics

Toothsome 1995 paper.

Finance and Economic Breakdown: Modeling Minsky's "Financial Instability Hypothesis"

Minus the math, which can be skipped over, for his discussion, the paper lays out the basics of modern economics wrt to economic cycles and labor v capitalist v creditor (banks) income.

It’s the basic model to reason about our economy and its state.

https://keenomics.s3.amazonaws.com/debtdeflation_media/papers/JPKE1995PageImage9509152794.pdf

also on JSTOR

https://www.jstor.org/stable/4538470

🧵

GhostOnTheHalfShell, 13 days ago to Economics

@economics@a.gup.pe

#SteveKeen #economics

“ One look at this chart should be sufficient to understand why the Great Crash of 1929 was both great, and a major cause of the Great Depression which followed it, and why levered speculation, rather than rational calculation, dominates the behaviour of asset markets.”

https://profstevekeen.substack.com/p/your-margin-and-your-life

🧵

GhostOnTheHalfShell, 14 days ago (edited 14 days ago) to random

@economics@a.gup.pe

#mmt #SteveKeen

The remarkable aspect of mainstream economists is their persistence treating values in (digital) ledgers as actual instances of banknotes (physical paper) as their mental model, then selectively dropping the model.

And they refuse to submit to accounting rules.

https://profstevekeen.substack.com/p/why-you-cant-win-an-argument-with

🧵

GhostOnTheHalfShell, 16 days ago to climate

Our #aurora generating magnetosphere, a geophysical #UBI, an environmental, ecological, economic UBI we don’t even think of that billionaires and their pet economists say they are competent to substitute for.

Consider the enormity of their egotistical folly.

Even Star Fleet would choose a 7C warmer Earth or an irradiated nuked Earth over a Mars. Technology has nothing to do with it. Wisdom does.

#uspol #climatechange #economics

GhostOnTheHalfShell, 16 days ago (edited 16 days ago) to random

@economics@a.gup.pe

#SteveKeen #SteveKeenAndFriends

The stream returns today, as Prof Keen emerges from the release of Ravel with a revamped look and a new and marvelous host, Dave Foulkes.

stream starts @9 am PST, be there or be square.

An amazingly rough start to the show. Kathleen’s internet struggled and the lag made conversation a challenge.

https://www.youtube.com/live/j1Ql3AgXwMg

GhostOnTheHalfShell, 16 days ago (edited 16 days ago) to random

#aurora

In all this amazing display of the Earth’s magnetosphere, remember it’s deflecting the relentless cascade of deadly solar and cosmic radiation washing the Earth every day and hour, and turning it into wonder. It’s a precious cloak of protection against a harsh universe, unique in our solar system, securing our atmosphere. Irreplaceable.

Take time to appreciate that.

GhostOnTheHalfShell, 17 days ago to climate

@economics@a.gup.pe

#climatechange #degrowth 😑 #economics

This is the face of degrowth by means of climate inaction. Degrowth is not a future, it’s already underway.

https://youtu.be/-wYOkjVtBY4

GhostOnTheHalfShell, 17 days ago (edited 16 days ago) to climate

#climatechange #groundwater #agriculture #uspol

8 min

Before aught else, they must drink. It’s not like it will last. The midwest will stop only when they can’t draw water.

https://youtu.be/DdNtraY6HhQ

GhostOnTheHalfShell, 19 days ago to Economics

#askfedi #RealEstate #economics

This is what I think is a basic question. When a bank sells a home loan it's selling the total value of the loan, which is principal and expected total interest paid minus payments so far, right?

In other words, the sale value is close to

Value = Principal

• TotalOverLifeOfLoan

• PaymentsMadeSoFar

https://en.wikipedia.org/wiki/Freddie_Mac