Saturday, December 21, 2024

Links 12/21/2024

The Demand and Supply of Hate

A new study looks at amplification of hateful content on social media platforms and points to remedies. But is BlueSky really any better?

Michael Hudson: Forward on Schurtz’s Origins of Money

Michael Hudson explains how Heinrich Schurtz’s 1897 Origins of Money debunked neoclassical fables about how money started and developed.

2:00PM Water Cooler 12/20/2024

~ Today’s Water Cooler: Politics, syndemics; New Covid data, with wastewater increase; Mangione hit with Federal charges, death penalty possible; Biden wasn’t been governing the country, an extra-constitutional entity was; DOGE is another extra-constitutional entity ~

Post Cold War Geopolitics Worse for Global South

How the US mismanaged its unipolar moment to the detriment of the Global South.

Links 12/20/2024

The US Just Opened Its Biggest Embassy in… Mexico, Amid Souring Relations Between the Two Countries

Twenty years ago, the largest US embassy in the world was in occupied Iraq. Today, it is in Mexico. The first person to take charge of the embassy will be a former CIA agent and Green Beret. 

Wall Street Journal on Men With “Crack Cocaine” Level Addiction to Crypto and Options Betting

The post-2020 bull markets in stocks and crypto + seductive trading apps have produced a big increase in gambling addiction.

Trump’s 2017 Tax Cuts Expire Soon − Study Shows They Made Income Inequality Worse and Especially Hurt Black Americans

The first-term Trump tax cuts, increased inequality. So why does there seem to be so much complacency about their renewal?

2:00PM Water Cooler 12/19/2024

~ Today’s Water Cooler: Politics, syndemics; Continuing Resolution founders, DOGE extra-constiutional, Trump opposes debt ceiling; Mangione extradited to New York, lawyer claims overcharging; Boeing sells some planes ~

What Happens When Trump’s “Negotiations” Over Ukraine Quickly Hit the Wall?

The much-hyped US-Russia “negotiations” over Ukraine look dead on arrival. How will the heavily-invested Trump react?

Links 12/19/2024

Montana Supreme Court Upholds Historic Youth Climate Lawsuit Win

The Montana Supreme court affirmed a lower-court ruling for young plaintiffs who sued the state for violating the”right to a stable climate”.

Political Distrust and the Populist Alt-View Trap

More handwringing about populist political figures, and what can be done to counter their messaging successes.

China’s Push for 7% Growth Faces Big Challenges

China plans to return to a higher level of growth. Are its targets attainable?