Wednesday, 27 February 2019

Unnoticed Death.


(source)

This was a deadly summer for Australian fauna.

In this blog I’ve reported a number of animal mass death tolls ranging from a few tens of large mammals (wild horses and donkeys) and hundreds of birds, to hundreds of thousands of cattle and maybe millions of fish, with intermediate numbers ranging in their thousands or tens of thousands for wild camels and flying foxes and farm chickens.

Monday, 25 February 2019

ScoMo Speaks his Mind.


(source, sort of)

If the people behind Macquarie Dictionary ever decide to produce an illustrated dictionary, they can’t go wrong if they use Scott Morrison’s photo to illustrate the definition of “bullshitter”. It also works for the phrase “full of shit”.

Sunday, 24 February 2019

Parallel Lives.


(Right-click to open in a separate tab)

I think it fair to say that as recently as last year, Modern Monetary Theory (MMT) was largely a preserve of a few respected but otherwise obscure academics outside of the mainstream. Active on social media, the founders (for lack of a better word) over time gathered a growing band of online enthusiasts, a few of them extremely qualified and talented[*], a great majority merely vocal, and another minority equally loud and barely distinguishable from the majority, except in one respect: their interest in self-promotion.[$]

Nothing of that involves a judgement on the theoretical merits (or lack thereof) of MMT. Frankly, that’s well above my pay grade. Rather, that’s a statement of fact, however simplified, general, or blunt: fairly or not, MMT was at the fringe, generally ignored by mainstream pundits, to say nothing of economists. Worse, whenever that unspoken rule was broken and MMT was at all mentioned, it was with a sort of condescending dismissal.

Friday, 22 February 2019

Bits and Pieces: “Perfect Storm” Edition.


(source)

It may be silly, but I am relieved this hellish Australian summer is all but over.

And there are good news. On the plus side, a few local events, apparently of global relevance, give some reason to rejoice.

The first one happened on February 8.