Avis Williamson

Very weird interview. Seemed to have no purpose.

@sandyhorne.bsky.social how about this for a shot? It's an albatross near Tairoa Head in Dunedin, Aotearoa/NZ

Peggy there were some things FDR didn't get right such as aid for 'developing' countries.

One of the biggest Thatcherite myths is that Capitalism and a society with markets are the same thing.

David Graeber pointed out this is not historically true.

Gee how surprising. Where does the funding of a country's private sector start from again?

They place, or perhaps misplace, a high value on Fed Govt surpluses.

Reminder that if you reduce inequality you reduce crime. #auspol

Recognition of Palestine is Not Enough, Sanctions Must Follow to Stop the Genocide.

Read our full statement on Australian recognition of Palestine at: www.jewishcouncil.com.au/2025/09/jewi...

China's progress on renewable energy is breathtaking. In the first half of this year they installed more than twice as much solar as the rest of the world *combined*.

This is what you can achieve when you can plan production around social objectives.

But what could we do Peggy? Well the Fed govt could establish crews to clean up rivers and beaches & employ involuntarily unemployed people. They pay them now albeit a pittance so pay them a basic wage and get rid of unemployment now.

Welcome to Where Credit’s Due The stories we tell about our communities and the people that build them are intimately bound up with the way we account for them in monetary terms. Right now, we’re telling the wrong stories. We’r…

Step 1: Check out our brand new website.
Step 2: Book your place at our free public screening of Finding the Money in Middlesbrough on 18 October.
Step 3: Start telling a different story and help us give credit where credit’s due.

Yep. So even if politicians asked do you honestly think they would get an answer that is different to what the 'powers' understand?:

Barry here's a curious little fact for you - I've spent the last 30 years in Aus writing and implementing quality mgmt systems. In that time I have worked with one single manager who understood how their products were made. The rest? Didn't even bother asking to understand.

Most of the time it's not politically convenient to be curious. I wish I knew a country where it IS!

Fortunately not all economists subscribe to the same paradigm, that current & faulty neoclassical paradigm.
Your taxes do not fund your govt's spending.
There are many other and more accurate economic paradigms. I suggest you broaden your reading scope.

Thursday's blog post (18/09) is now posted (12:44 EAST) - Australian labour market takes a backward step - billmitchell.org/blog/?p=62776

I take it you are aware of what GDP includes and excludes?

Have a read of this @peggysanders.bsky.social
Plain frightening!

Monday's blog post (15/09) is now posted (17:07 EAST) - Terrestrial water storage capacity is declining fast and is hardly getting any attention - billmitchell.org/blog/?p=62770

Increasing inequality in agri-food value chains: global trends from 1995-2020 Agri-food systems are increasingly globalised. In the last three decades, as national food systems have become more interdependent, the distribution o…

We have this new paper, led by Meghna Goyal, which provides the first global view of inequality in the agri-food system. We find that agricultural production has increasingly shifted to the South, but income is increasingly captured in the North.

www.sciencedirect.com/science/arti...

@peggysanders.bsky.social
Currently reading John T Harvey's Contending Perspectives In Economics. He covers all the main areas of economic thinking and comments on each paradigm. You might be interested. It's well worth a read.

And unfortunately he has passed his nastiness on to a new generation who will not doubt..... And round and round it goes. Hopefully soon in ever diminishing circles.

Over the past few months, BlackRock and other major investment firms have abandoned their commitments to green investments, saying explicitly that it's not profitable enough. Yes, renewables are cheap... but they are not nearly as profitable as fossil fuels.

Gee what a surprise.

I am Peggy and hope you are too. Just waiting for the temps to reach a desirable level which is definitely more than 19 lol

If you’re concerned about the economy then do check out
www.torrens.edu.au/studying-wit...

Smart move of SBS. Obviously I'm going to be spending more time with them.

We run the world's only global economics Master's degree based on modern monetary theory (#MMT).

Next intake - next month.

It comes highly recommended by existing students, graduates and academics, including my friend Stephanie Kelton.

modernmoneylab.org.au/courses/