Thorvald Grung Moe retweeted
Replying to @StephanieKelton @finstab
Yes. @UofU has his papers; you could visit. Eccles also wrote an autobiography: Beckoning Frontiers.
Imagine Eccles and Keynes together; the Mormon polygamist autodidact from a family of miners, and the homosexual atheist aristocratic academic. I imagine heated conversations. 🤑
Thorvald Grung Moe retweeted
Also “shithouse” Norway:
🇳🇴 Press freedom: 1st v. 🇺🇸 64th
🇳🇴 Happiness: 6th v. 🇺🇸 23rd
🇳🇴 Life expectancy: 83 v. 🇺🇸 78
🇳🇴 Wealth fund: $350k each v. 🇺🇸 debt $115k each
🇳🇴 Health cover: everyone v. 🇺🇸 27 million uninsured
🇳🇴 Uni fees: free v. 🇺🇸 $1.87 trillion in student loans
Thorvald Grung Moe retweeted
What would a NGDP targeter do here @DavidBeckworth ?
Thorvald Grung Moe retweeted
Thirty years ago today, the great economist Hyman Minsky passed away. It was Minsky who first set me on the path toward Post-Keynesian economics.
Within mainstream economics, he is best known for his Financial Instability Hypothesis. Yet his theoretical legacy extends far beyond it. Building on Keynes and Kalecki, Minsky developed a comprehensive understanding of how a capitalist economy functions, in which price and profit formation, investment, financing, and the dynamics of debt are understood as interconnected processes.
Thorvald Grung Moe retweeted
Marriner Eccles (for whom the Federal Reserve building is named) was an endlessly fascinating guy. 1/ cooperative-individualism.or…
Thorvald Grung Moe retweeted
And if you really want to dive in, @finstab's paper is a must-read. 4/ levyinstitute.org/pubs/wp_74…
West Bank just got locked down, four days before Israeli elections. Hundreds of checkpoints and gates are now shut. Almost 3.5 million Palestinians are stranded right now. This is collective punishment of an entire population under military occupation.
Thorvald Grung Moe retweeted
"Zionism is racism, like slavery there is no good version of the project"
- Ta-Nehisi Coates
Thorvald Grung Moe retweeted
This week's post: The Decline of Knowledge Based Policy and the Economics Nobel mainlymacro.blogspot.com/202…
In 2010, as austerity became the dominant response to the recession, 2026 Nobel winner Michael Woodford produced a elegant paper showing why it was such a harmful policy.
Thorvald Grung Moe retweeted
👇 from @jasonfurman is terrific. There is no one better than @jasonfurman to synthesize for us the most important indicators on the health of the US economy.
econvitals.org/subscribe/
econvitals.org
Thorvald Grung Moe retweeted
Heidi Levine, the Washington Post journalist brutally attacked by Israeli settlers in the occupied West Bank last week, said the terrifying ordeal has only strengthened her resolve to continue covering the plight of Palestinians. cnn.it/4iBNh4Y
Thorvald Grung Moe retweeted
Soldiers. They only attacked soldiers. They didn't attack civilians, and despite the IDF's claim, there's no evidence they intended to do so.
Israel will now brutalize millions of civilians in revenge.
The Israeli army has announced that two soldiers from its rescue unit brigade were killed during the Hebron attack, and three additional soldiers from the battalion were lightly injured.
🔴 LIVE updates: aje.news/1snzhz
Thorvald Grung Moe retweeted
“It was like this biblical battle where the Palestinian men … went in front of me to protect … me and my rescuers from being attacked again,” Washington Post photojournalist Heidi Levine told Jake Tapper.
Levine was kicked, beaten with clubs and robbed by Israeli settlers while covering Friday’s olive harvest in the occupied West Bank, leaving her with multiple broken bones. Speaking after leaving the hospital, she said Israeli soldiers charged Palestinian farmers as settlers advanced alongside them. She said that unlike her, Palestinian victims endure these attacks daily, with absolutely nowhere safe to go.
“Let me die,” American photojournalist Heidi Levine repeats to journalists Jasper Nathaniel as they try to outrun masked Israeli settlers who attacked her on Friday while she covered the olive harvest in the West Bank village of Abu Falah, near Ramallah.
Around 80 settlers attacked Palestinian olive harvesters in the village, AP reported. The Palestinian Red Crescent said it treated six people injured in two attacks in Abu Falah.
Levine, a freelancer for the Washington Post, told the Committee to Protect Journalists that the settlers knocked her down and kicked her for at least 10 minutes, even after she identified herself as an American journalist. They stole her camera, phone and bag. She was eventually taken to a hospital in Ramallah.
"The IDF provided cover, with tear gas and machine guns, while the settlers beat" Levine "nearly to death," Nathaniel wrote, adding that soldiers then shot a Palestinian bystander and aimed their guns at and shoved paramedics trying to treat him. AP photos and circulating videos show Israeli soldiers standing over a wounded Palestinian man after they shot him.
Andrey X, an activist also at the scene, said a Palestinian man "saved our lives from the settler-terrorists who attacked the olive harvesters and journalists” armed only with a slingshot.
Thorvald Grung Moe retweeted
Corruption in America truly beyond anyone’s imagination
“In late spring 2020, a source I knew to be reliable called me with a story,” writes Matthew Cole. “The Dutch government had hacked into Jared Kushner’s phone and monitored him as he accessed a Dubai-based bank account. What was odd, the source said, was that the money in the account—hundreds of millions of dollars—had come from a bank in Azerbaijan. Most importantly, Kushner appeared to have transferred significant amounts of money from the Dubai account to other individuals, including a warlord, a mercenary and a one-time hit man. The story sounded preposterous, I told my source. And yet.
Six months later, I found myself speaking with someone else about the UAE government and their use of mercenaries in conflicts around the Middle East and Africa when I asked, on a whim, whether they knew anything about Kushner and bank transfers from a UAE account. My acquaintance grew quiet. Then they replied, ‘Yes.’” Kushner’s lawyer denied the bank account existed.
Read an exclusive excerpt from Cole’s book, ‘Princes and Thieves: Jared Kushner and Mohamed bin Zayed’s Secret Plot to Remake the Middle East’: vanityfair.visitlink.me/Q5_W…
Thorvald Grung Moe retweeted
This is universally considered occupied Palestinian territory where the Israeli army's presence is illegal under international law.
Just imagine if a foreign military came to your town today and threw you out of your own home. This is what you're watching happen to Palestinians.
Thorvald Grung Moe retweeted
... and here my slides
dropbox.com/scl/fi/kaub767gv…
Happy 90th Birthday Charles Goodhart. It was my honor to present at your „birthday conference“ about AI and Asymmetric Understanding - organized by @bankofengland and @LSEEcon
Goodhart‘s Law is tremendous achievement in economics but equally important in Computer Science
Thorvald Grung Moe retweeted
I am not given to false modesty. Every analyst I am aware of is incorrect. I am correct.
The US and Israel can plot military plans that make no sense. Iran’s is the decisive escalation. They have declared that they will start hitting US bases unless the US stops the game of cat and mouse. This is what actually matters, not Bibi’s Hail Mary, which we know cannot work in the first place.
I have been complaining for three months that Iran’s approach was strategically incoherent. Now they have realized their mistake and come up with a war plan that is superior to even what I have been proposing. It is going to work. The Iranians have finally figured out how to secure the objective that they set for themselves in March.
This is the correct strategy for Iran. It forces a military escalation now, before the midterms. When this is over, the US will have to capitulate and accept Iranian authority over Hormuz.
It’s good to be in a minority of one again.
Thorvald Grung Moe retweeted
Bora Lula! If and only if the Brazilian economy is going to work for the majority of its people. It’s not easy (yes there are massive hurdles) but there is only one candidate interested.
Thorvald Grung Moe retweeted
Nusseibeh was the UAE’s point person on Sudan, according to Justin Lynch, managing director of the Conflict Insights Group research organization. “Throughout this war, she assured other governments that the UAE was not backing the RSF, even as Washington and other capitals knew internally that it was,” he told the AP.
The U.N. secretary-general’s role is to protect civilians from horrors like el-Fasher, Lynch said. “Handing the job over to the diplomat who ran cover for it would be an insult to the survivors.”
apnews.com/article/united-na…







































