Notices by GhostOnTheHalfShell (ghostonthehalfshell@masto.ai), page 8

@lanodan @vampirdaddy @agturcz @erik @spidermedic

I get a rolling coffin vibe from it. I don’t quite know why.

#strongtowns

9 min video

Explainer for commercial and residential housing and loans.

Landlords have a reason to keep rents high even in high vacancy.

Short form on this low demand does not necessarily mean rents go down, under certain types of lending.

Supply and demand mean diddly and "market forces" don't exist as neoclassicals assert they do.

https://youtu.be/ZP_aNaSP2rk
#economics #housing #uspol

@histodons

Here's a question.

In everything I have ever heard about the Fall of Rome, is that its collapse, and I know this did not happen overnight, much happened before Rome itself was sacked, is it is never associated with mass starvation etc.

Certainly the headline/marquee notion of an imploded empire is not correct, but its disintegration did not mean regional economies imploded

So can I lure a historian to tell us a tale regarding the disposition of what had been the empire?

#askfedi

@stux

This needs to grow every where. Bricks, rocks.

During college one crew mate (rowing team), had to cross campus in the wee hours. Her chosen safety measure was to walk, quite jauntingly, with a baseball bat and whistle, across it at 5 am.

@rahmstorf That’s basic physics.

@gueuledatmosphere

Heterodox economists like Steve Keen are fixing the deficit. The largest problem is the ideological stance of mainstream economics.

I've been posting to #SteveKeen to help spread the word. He's also working to get junk theory finally pushed out of academic economics.

I'll be posting to the hashtag shortly on that topic.

Most of academia knows how toxic neoliberal policy has been on higher educations. This is a pathway to rectifying that.

@academicchatter

“Time intervals of model solutions are often too widely spaced for the predictions being attempted. For example, a model solved annually to arrive at new annual values of economic variables would, if anything, be useful in predicting future trends over a five-year period but not year-to-year variations. As a rough rule-of-thumb, one would want solutions spaced closely enough to define a smooth curve through the fluctuations in which we are interested.”

Forrester 2003, p. 334.

@academicchatter

“Some economists think that the discrete nature of economic data necessitates using discrete time models to reproduce it. The definitive riposte to this argument was given by the "father of system dynamics", the engineer Jay Forrester, when he first encountered—and was seriously dismayed by—economic modelling in the 1950s. He observed that:

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@HistoPol @atomicpoet @pluralistic

Isn’t it fair to call it Elonfroth?

Fizz from The Scented One.

#SteveKeen #economics

"A fundamental requirement for realistic economics is to abandon the 19th century (in)convenience of assuming equilibrium, and to instead model the economy as a dynamic (and evolving) system. This raises the question of how to treat time itself, and the appalling pun in the title of this chapter highlights the fact that economic modellers in general, ... have habitually treated time as a discrete rather than a continuous phenomenon."

https://profstevekeen.substack.com/p/im-not-discreet-and-neither-is-time-bcb

Remember, it’s the billionaires who wage war on the nation. The the culture war is their war to dominate US and the world as totalitarian gods.

Warren Buffet spoke plainly when he said his economic peers were waging class warfare and winning.

Culture war is class war, pure and simple.

Oh looky here, Saudi Arabia is saying nobody wants to pay for transition. Understand KSA has a national project of encouraging fossil fuel use. So they pimp low cost ICE cars, heavy fuel generators in Africa, and no doubt underwrite car centric (freeways etc) development there and in Asia. They also subsidize Uber in a belief it will undermine public transit. They invest in AI which is a fabulous energy demand, an exponentially growing one.

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https://phys.org/news/2024-03-saudi-aramco-ceo-energy-transition.html

#climatechange

So let’s remember that demand isn’t driving BigOil in KSA or the US, Big Oil is driving development of demand.

https://youtu.be/8vle9VryEd0

And it’s no just cars as above. Super sonic flight burns 3x the fuel per hour and they want to see it return to commercial use. But let’s not just focus on Saudis because we here in the US have our own, promoters of GHG emissions, the “natural” (read methane) folks (next post)

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@HistoPol

Let me introduce you to a cottage industry of sorts for the über riech, or sorry I meant, rich.

https://m.youtube.com/watch?v=issmDdjBa5w

They reject being subject to rational inquiry. They defy math, empirical evidence. They engage in mendacity, logical fallacy and defamation, and the consequence has been the deliberate ruin of the market economy they claim to champion, of reason in public discourse, of the spread of misinformation, of the rise of despotism and the ruin of democracy.

They assault your character. Why tolerate this?

#AlJazeera

9 min video

A study in the mendacity conservatives will perpetuate against their chosen targets. Also a study in the evil of false witness leveled at Soros. I’d like to ask people of faith, particularly Jewish ones, how this violent transgression against the 9th commandment is even tolerated.

This level of defamation, the hideous threat to life is exactly why this kind of conduct is sanctioned. It’s an atrocity against a community.

https://youtu.be/UzrTf8Cr6Tg

#politics #religion

#academia #history #Science

So I want to ask people in the academic disciplines what it means to have a department in your midst that rejects all forms of reasoned inquiry, all the methods every hard science, math, social sciences avail themselves of and subject themselves to, whose project itself is to destroy you.

neo-classical economics is just such a department.
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@HistoPol @stib @conditional_soup @arstechnica

The short form, preserving existing ecosystems and improving their conditions works out better. If Brazil slashed their agricultural export industry and let the farms return to the wild, that’d help for instance.

@gray_witch

Yes, they are human. This is why they should not have so much power over the rest of humanity. Yet they claim they are our betters, have right over our lives, and currently, a few hundred or thousand (depending on how one counts), are engaged in a murder project of some hundred millions, or most of the human race.

If a nazi drove over a cliff, don’t expect me to weep.

One thing about people concern shaming over mocking billionaires winning a Darwin Award (Evolution in action), is it’s not induction to genocide.

Divine Right of Kings, Great Man Theory, Hero Entrepreneur are all appeals to legitimize rule by wealth (because they are our betters). It’s hard to appreciate just how intense it is

Mocking them for their very mundane human folly disputes their assertion of superiority. They are just as subject to folly (pride, arrogance, etc) as the rest of us.
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