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One of the favorite quotes of the week came as #Fed Chair Powell said, “I was around for stagflation...I don’t see the stag or the -flation.” – chart @JPMorganAM

"Banana republics are Central American and Caribbean nations exploited by multinational businesses and imperialist governments."

Stoyack, Aaron. "What Is a Banana Republic?" TheCollector.com, thecollector.com/what-is-a-ban (accessed May 4, 2024).

@histodon @histodons

attribution: Rosendahl, Public domain, via Wikimedia Commons. Page URL: commons.wikimedia.org/wiki/Fil

Since reading the chapter concerning Descartes from Bertrand Russell's 'History of Western Philosophy' earlier today, I have come to the conclusion that since I toot therefore I am.

The Verge published the most spammy article they could write, including AI-generated content, to prove how broken Google search truly is.

The article currently ranks number 1 for the key phrase "best printer"

Lol, lmao.

theverge.com/2024/4/2/24117976

🇨🇳 Was the global decline of extreme poverty only due to China?

"The large economic growth that lifted 800 million Chinese people out of extreme poverty since 1990 was a major contributor to the global decline in poverty. But the non-Chinese world also achieved a very large reduction."

ourworldindata.org/data-insigh

@economics

"This paper presents the first empirical evidence in the history of banking on the question of whether banks can create money out of nothing. The banking crisis has revived interest in this issue, but it had remained unsettled."

Werner, R.A. (2014) 'Can banks individually create money out of nothing? — The theories and the empirical evidence,' International Review of Financial Analysis, 36, pp. 1–19. doi.org/10.1016/j.irfa.2014.07. @economics @banking

‘Second renaissance’: tech uncovers ancient scroll secrets of Plato and co

"The project belongs to a new wave of efforts that seek to read, restore and translate ancient and even lost languages with cutting-edge technologies. Armed with modern tools, many powered by artificial intelligence, scholars are starting to read what had long been considered unreadable."

theguardian.com/books/article/

@archaeodons

Visualizing Global Inflation Forecasts (2024-2026)

"After hitting a peak of 8.7% in 2022, global inflation is projected to fall to 5.9% in 2024, reflecting promising inflation trends amid resilient global growth."

visualcapitalist.com/visualizi

@economics

In Conversation with Mariana Mazzucato, Tim O’Reilly and Ilan Strauss on Algorithmic Attention Rents

"A conversation about how today’s big tech platforms use the power they hold over the attention of billions of users to shape the markets in which they participate for their own benefit."

length: 56 minutes and 46 seconds

youtu.be/iGvICGkr7I8

@economics

Video of sun’s surface shows solar rain, eruptions and coronal moss

"Scientists say the observations of the sun’s complex surface dynamics could help resolve the question of why the sun’s atmosphere is so much hotter than its surface – a longstanding paradox in solar physics."

theguardian.com/science/articl

@science @astronomy

Space Day Reading List 2024

"Space has fascinated authors, scientists, storytellers, and children alike. From a brief history of the moon to a collection of diverse stories connected to the stars, our Space Day reading list will deepen your love and appreciation of the cosmos."

yalebooks.yale.edu/2024/05/03/

@bookstodon @science

🇬🇧 🇪🇺 "Our results show that individuals who lacked wealth are less likely to support leaving the EU, explaining why so many Brexit voters were wealthy, in terms of their property wealth."

Green, J. and Pahontu, R.L. (2024) ‘Mind the Gap: Why Wealthy Voters Support Brexit’, British Journal of Political Science, pp. 1–21. doi: doi.org/10.1017/S0007123423000.

@politicalscience

attribution: TeroVesalainen, CC0, via Wikimedia Commons. Page URL: commons.wikimedia.org/wiki/Fil

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