Avis Williamson

Today's cracker from Prof Bill Mitchell - A cracker from Prof Bill Mitchell today - 'The data shows that between 1953-54 to 2022-2023, the Australian Federal Government ran deficits for 52 of the 74 years or 74 per cent of the time.' Gee I wonder - did the sky fall in?

Must be coincidence that in the last 2 weeks alone Russia, America, Turkey, India, South Korea, Pakistan, New Mexico, Spain, Vietnam, Philippines, China have seen extreme flooding, cars and people swept away etc Nothing at all to do with 2024 being the hottest year in 100,00…

It's interesting they will suggest a million ways for a poor person to save money, usually by stopping doing anything. But they will never suggest the incredibly rich billionaires reduce their profits on essentials. That's because they are all employed by billionaires.

This attached is an extract from an academic literature review I wrote on the RBA article that came up with the flowchart above showing the greater flow of people into sufficient employment from folks classified as no longer part of the Labour force (OLF).

Our @modernmoneylab and @TorrensUni lecturer Morgan Edwards, interviewed by New Zealand's leading economics journalist, Bernard Hickey, about whether and how the New Zealand Government can fund investments in climate change adaption and mitigation. youtube.com/live/iDBgF0Giz…

Food price increases have *barely even started*.

My question to the Minister for the Environment. When will the pro fossil fuel Albanese government stop gaslighting the Australian public?

Modern Money Lab's inception was really at the Box Factory in Adelaide in 2014. We are going back there for a one-day version of our Modern Money workshop on August 24th 2025. If you are in or near Adelaide, we would love to see you there. events.humanitix.com/public-money-m…

Taxes are important for many reasons: They drive the need for the currency They can reduce inflationary pressures They can deter bad/ wasteful habits They can free up resources They can redistribute wealth. All important.

I feel like this should have been a way bigger story. archive.ph/6YPQD#selectio…

"The 'taxpayer' trope is a pernicious ideological assault on the very idea of equal citizenship. It is elitist and exclusionary and promulgates a false theory of the state according to which government belongs to the propertied." crookedtimber.org/2013/11/05/scr…

Ideally we’d all wake up to the fact we’re on track to lose absolutely everything BEFORE we all lose absolutely everything.

Repeat after me: We cannot afford to not address the climate crisis. We cannot afford to not address the climate crisis. We cannot afford to not address the climate crisis. We cannot afford to not address the climate crisis. No time to wait. #ActOnClimate

The effects of climate change will reach every corner of this civilisation—whether you’re paying attention or not. "Only 3 years left – study warns the world is running out of time to avoid the worst impacts" theconversation.com/only-3-years-l…

Meanwhile, as Trump fiddles the world burns... theconversation.com/only-3-years-l…

There's a difference between a healthy attitude of accepting that we can't control everything in life and surrendering to constant reinfections to a disease that's having devastating effects on individuals and every aspect of our society.

Slavery wasn’t a glitch, it was startup capital. The foundations of capitalism were fertilized with forced labor, colonized land, and racial violence. Markets didn’t abolish slavery. They industrialized it. Then called it freedom.

The Presidents of Gaza’s 3 universities call for solidarity and assistance from the world academic community in the face of scholasticide – ‘a systematic and deliberate attempt to eliminate our universities, their infrastructure, faculty and students’.. ‘While academic…

Actually the historical lows for unemployment were between 1 and 2% in the 1950’s and 60’s

Here's one for all the "MAGA" types who think that government surpluses are good. Pursuing balanced budgets is very bad for the economy.