‘Tooze, as a Keynesian, defends the legitimacy of the scientific elite that ultimately owns his allegiance; Marx calls it into question.’
Read HERE
Financial Institutions
Darren Bush, Mark Glick, Gabriel Lozada, Hal Singer: Overdraft Fees, Credit Card Late Fees, and the Lump of Profit Fallacy
Predetermined profit margins and prices hidden in the back end of a transaction are really just market failures. Read HERE Photo: Scheinwerfermann/Public Domain
Aviation
BBC: World’s wealthiest ‘at heart of climate problem’
The world’s wealthy must radically change their lifestyles to tackle climate change, a report says. Read here
Economics
Bill Mitchell: Covid-specific inflationary pressures are dominant and are transitory
“I am maintaining my view that the current inflationary spikes are being driven by the total abnormal circumstances the world has found itself in as a result of the pandemic.” Read Here
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