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<?xml version="1.0" encoding="UTF-8"?><rss version="2.0" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:wfw="http://wellformedweb.org/CommentAPI/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:sy="http://purl.org/rss/1.0/modules/syndication/" xmlns:slash="http://purl.org/rss/1.0/modules/slash/" xmlns:georss="http://www.georss.org/georss" xmlns:geo="http://www.w3.org/2003/01/geo/wgs84_pos#" > <channel> <title>William Mitchell – Modern Monetary Theory</title> <atom:link href="https://billmitchell.org/blog/?feed=rss2" rel="self" type="application/rss+xml" /> <link>https://billmitchell.org/blog</link> <description>Macroeconomic research, teaching and advocacy</description> <lastBuildDate>Thu, 16 May 2024 11:22:06 +0000</lastBuildDate> <language>en-US</language> <sy:updatePeriod> hourly </sy:updatePeriod> <sy:updateFrequency> 1 </sy:updateFrequency> <generator>https://wordpress.org/?v=6.5.2</generator><site xmlns="com-wordpress:feed-additions:1">215526226</site> <item> <title>Australian labour market – mixed signals but probably still in a weakening phase</title> <link>https://billmitchell.org/blog/?p=61748</link> <comments>https://billmitchell.org/blog/?p=61748#view_comments</comments> <dc:creator><![CDATA[bill]]></dc:creator> <pubDate>Thu, 16 May 2024 02:38:48 +0000</pubDate> <category><![CDATA[Labour Force]]></category> <guid isPermaLink="false">https://billmitchell.org/blog/?p=61748</guid> <description><![CDATA[Last month’s Labour Force data release for April 2024, revealed that the Australian labour market was starting to weaken in the face of the fiscal squeeze (the government announced a second successive annual fiscal surplus on Tuesday) and the 11 interest rate hikes since May 2022. Today (May 16, 2024), the Australian Bureau of Statistics…]]></description> <wfw:commentRss>https://billmitchell.org/blog/?feed=rss2&p=61748</wfw:commentRss> <slash:comments>0</slash:comments> <post-id xmlns="com-wordpress:feed-additions:1">61748</post-id> </item> <item> <title>Real wage cuts continue in Australia as profit share rises</title> <link>https://billmitchell.org/blog/?p=61742</link> <comments>https://billmitchell.org/blog/?p=61742#view_comments</comments> <dc:creator><![CDATA[bill]]></dc:creator> <pubDate>Wed, 15 May 2024 03:25:42 +0000</pubDate> <category><![CDATA[Labour costs]]></category> <guid isPermaLink="false">https://billmitchell.org/blog/?p=61742</guid> <description><![CDATA[The Annual Fiscal Statement for Australia (aka ‘The Budget’) came out last night and ordinarily I would analyse it today. But I am travelling a lot today and also the wage data came out today, so I plan to leave the fiscal policy commentary until next week when I have more time to think about…]]></description> <wfw:commentRss>https://billmitchell.org/blog/?feed=rss2&p=61742</wfw:commentRss> <slash:comments>3</slash:comments> <post-id xmlns="com-wordpress:feed-additions:1">61742</post-id> </item> <item> <title>Degrowth will require humans shovel less energy … into our bodies</title> <link>https://billmitchell.org/blog/?p=61727</link> <comments>https://billmitchell.org/blog/?p=61727#view_comments</comments> <dc:creator><![CDATA[bill]]></dc:creator> <pubDate>Mon, 13 May 2024 05:07:50 +0000</pubDate> <category><![CDATA[Admin]]></category> <category><![CDATA[Degrowth]]></category> <category><![CDATA[Health]]></category> <category><![CDATA[Sport]]></category> <guid isPermaLink="false">https://billmitchell.org/blog/?p=61727</guid> <description><![CDATA[I haven’t much time free today and with the federal government’s fiscal statement coming out tomorrow night and wage data and the labour force data coming out Wednesday and Thursday, respectively, it is going to be a full week. Given I am using all my time to finish the manuscript for my next book which…]]></description> <wfw:commentRss>https://billmitchell.org/blog/?feed=rss2&p=61727</wfw:commentRss> <slash:comments>9</slash:comments> <post-id xmlns="com-wordpress:feed-additions:1">61727</post-id> </item> <item> <title>The fiscal lunancy reaches peak levels this time of year</title> <link>https://billmitchell.org/blog/?p=61723</link> <comments>https://billmitchell.org/blog/?p=61723#view_comments</comments> <dc:creator><![CDATA[bill]]></dc:creator> <pubDate>Thu, 09 May 2024 02:56:26 +0000</pubDate> <category><![CDATA[Admin]]></category> <category><![CDATA[Central banking]]></category> <category><![CDATA[Fiscal policy]]></category> <category><![CDATA[Fiscal Statements]]></category> <guid isPermaLink="false">https://billmitchell.org/blog/?p=61723</guid> <description><![CDATA[In the last week, as the Federal government comes towards next Tuesday’s annual fiscal statement (aka ‘The Budget’ although we don’t use that terminology around here, do we?) and the State Government’s are progressively delivering their own Budget Statements (they being financially constrained) we have witnessed the absurdity of the system of public finances that…]]></description> <wfw:commentRss>https://billmitchell.org/blog/?feed=rss2&p=61723</wfw:commentRss> <slash:comments>3</slash:comments> <post-id xmlns="com-wordpress:feed-additions:1">61723</post-id> </item> <item> <title>COVID-19 myopia – it actually costs more to have no acute care protocols in place and more people die as a result</title> <link>https://billmitchell.org/blog/?p=61719</link> <comments>https://billmitchell.org/blog/?p=61719#view_comments</comments> <dc:creator><![CDATA[bill]]></dc:creator> <pubDate>Mon, 06 May 2024 05:37:45 +0000</pubDate> <category><![CDATA[Coronavirus]]></category> <category><![CDATA[Fiscal policy]]></category> <guid isPermaLink="false">https://billmitchell.org/blog/?p=61719</guid> <description><![CDATA[I regularly scan research output from disciplines other than economics that I think impacts on economic matters. On April 17, 2024, a new study from medical researchers at the Burnett Institute in Melbourne, working with staff at the Department of Health and Human Services, in Victoria published a pre-print in The Lancet – Admission Screening…]]></description> <wfw:commentRss>https://billmitchell.org/blog/?feed=rss2&p=61719</wfw:commentRss> <slash:comments>10</slash:comments> <post-id xmlns="com-wordpress:feed-additions:1">61719</post-id> </item> <item> <title>The green growth paradigm has a long tradition – which has never been supportable</title> <link>https://billmitchell.org/blog/?p=61718</link> <comments>https://billmitchell.org/blog/?p=61718#view_comments</comments> <dc:creator><![CDATA[bill]]></dc:creator> <pubDate>Thu, 02 May 2024 03:54:06 +0000</pubDate> <category><![CDATA[Climate change]]></category> <category><![CDATA[Degrowth]]></category> <category><![CDATA[Demise of the Left]]></category> <guid isPermaLink="false">https://billmitchell.org/blog/?p=61718</guid> <description><![CDATA[In October 1987, the United Nations published a report – Our Common Future – (aka Brundland Report) which was the work of the then World Commission on Environment and Development (WCED) – that was chaird by the then Norwegian Prime Minister Gro Harlem Brundtland. It laid out a multilateral approach to dealing with climate change…]]></description> <wfw:commentRss>https://billmitchell.org/blog/?feed=rss2&p=61718</wfw:commentRss> <slash:comments>10</slash:comments> <post-id xmlns="com-wordpress:feed-additions:1">61718</post-id> </item> <item> <title>The yen, podcast, and book announcement – all on International Workers’ Day</title> <link>https://billmitchell.org/blog/?p=61714</link> <comments>https://billmitchell.org/blog/?p=61714#view_comments</comments> <dc:creator><![CDATA[bill]]></dc:creator> <pubDate>Wed, 01 May 2024 02:45:16 +0000</pubDate> <category><![CDATA[Admin]]></category> <category><![CDATA[Manga]]></category> <category><![CDATA[MMTed]]></category> <category><![CDATA[Music]]></category> <category><![CDATA[Podcast]]></category> <guid isPermaLink="false">https://billmitchell.org/blog/?p=61714</guid> <description><![CDATA[It’s Wednesday and today I consider the current yen situation which is causing some hysteria in the financial media even though there is not much to worry about. I also provide access to my latest podcast with the Washington-based Bad Faith, which traverses issues of class, the demise of the Left, Modern Monetary Theory (MMT)…]]></description> <wfw:commentRss>https://billmitchell.org/blog/?feed=rss2&p=61714</wfw:commentRss> <slash:comments>7</slash:comments> <post-id xmlns="com-wordpress:feed-additions:1">61714</post-id> </item> <item> <title>Japan’s municipalities disappearing as population shrinks</title> <link>https://billmitchell.org/blog/?p=61706</link> <comments>https://billmitchell.org/blog/?p=61706#view_comments</comments> <dc:creator><![CDATA[bill]]></dc:creator> <pubDate>Mon, 29 Apr 2024 06:17:02 +0000</pubDate> <category><![CDATA[Degrowth]]></category> <category><![CDATA[Japan]]></category> <guid isPermaLink="false">https://billmitchell.org/blog/?p=61706</guid> <description><![CDATA[I have just finished reading a report from the Population Strategy Council (PSC) of Japan – 令和6年・地方自治体「持続可能性」分析レポート (2024 Local government “sustainability” analysis report) – that was released last week April 24, 2024). The study found that around 40 per cent of the towns (municipalities) in Japan will likely disappear because their populations are in rapid…]]></description> <wfw:commentRss>https://billmitchell.org/blog/?feed=rss2&p=61706</wfw:commentRss> <slash:comments>12</slash:comments> <post-id xmlns="com-wordpress:feed-additions:1">61706</post-id> </item> <item> <title>Australia’s inflation rate continues to fall yet some bank economists think further interest rate rises are possible</title> <link>https://billmitchell.org/blog/?p=61693</link> <comments>https://billmitchell.org/blog/?p=61693#view_comments</comments> <dc:creator><![CDATA[bill]]></dc:creator> <pubDate>Thu, 25 Apr 2024 06:28:48 +0000</pubDate> <category><![CDATA[Central banking]]></category> <category><![CDATA[Inflation]]></category> <guid isPermaLink="false">https://billmitchell.org/blog/?p=61693</guid> <description><![CDATA[Yesterday (April 24, 2024), the Australian Bureau of Statistics (ABS) released the latest – Consumer Price Index, Australia – for the March-quarter 2024. The data showed that the inflation rate continues to fall – down to 3.6 per cent from 4 per cent in line with global supply trends. There is nothing in this quarterly…]]></description> <wfw:commentRss>https://billmitchell.org/blog/?feed=rss2&p=61693</wfw:commentRss> <slash:comments>5</slash:comments> <post-id xmlns="com-wordpress:feed-additions:1">61693</post-id> </item> <item> <title>IMF now claiming that Japan has to inflict austerity when the government’s current policy settings a maintaining stability</title> <link>https://billmitchell.org/blog/?p=61692</link> <comments>https://billmitchell.org/blog/?p=61692#view_comments</comments> <dc:creator><![CDATA[bill]]></dc:creator> <pubDate>Wed, 24 Apr 2024 02:01:01 +0000</pubDate> <category><![CDATA[European Union]]></category> <category><![CDATA[Eurozone dystopia]]></category> <category><![CDATA[Fiscal policy]]></category> <category><![CDATA[IMF]]></category> <guid isPermaLink="false">https://billmitchell.org/blog/?p=61692</guid> <description><![CDATA[It was only a matter of time I suppose but the IMF is now focusing its nonsensical ‘growth friendly austerity’ mantra on Japan. In a recent interview, the former Portuguese Finance Minister now in charge of the IMF’s so-called ‘Fiscal Affairs Department’, Vitor Gaspar claimed that Japan is now in a precarious position and must…]]></description> <wfw:commentRss>https://billmitchell.org/blog/?feed=rss2&p=61692</wfw:commentRss> <slash:comments>6</slash:comments> <post-id xmlns="com-wordpress:feed-additions:1">61692</post-id> </item> </channel></rss> If you would like to create a banner that links to this page (i.e. this validation result), do the following:
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