L. Randall Wray, Stephanie Kelton: Magical Monetary Thinking at the Fed Killed SVB

This would be common sense if governments were even slightly serious about reducing carbon emissions. Read the article here.

Capitalism contains many dysfuntional incentives – ones that constrain innovation and encourage rent-seeking. Read here  

After years of cutting emissions per barrel of oil extracted, UK drillers saw carbon intensity rise by 15% in 2021 Read here Cormorant Oil Field in the North Sea. Photo: Marten van Dijl / Greenpeace