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Footnotes to Plato | The indefatigable efforts of J. M. Keynes

Many economists continue to regard the rate of interest as almost irrelevant to the level of economic activity. But it was this Keynesian insight that led me and others to predict in 2006 that the Federal Reserve’s steady ratcheting up of interest rates after 2003–4 would have a disastrous impact on the world’s debtors – public and private, rich and poor.
Keynes  economics  Ann_Pettifor  TLS  2018 
9 weeks ago by Preoccupations
‘Please do not let the government deport my teenage daughter away from Milton Keynes’ - Milton Keynes Citizen
Jeanette with daughters Taniella and Nesta


Published: 13:29 Wednesday 05 September 2018 Share this article

A Milton Keynes teenager who dreams of being a psychologist could be forced out of Britain as part of a Windrush-type scandal.

Eighteen year-old Taniella is the eldest daughter of Jeanette Valentin, a British Citizen who has lived in MK for nine years.

Jeanette’s mum, Taniella’s grandmother, was one of hundreds of residents evicted from Diego Garcia by the British government in 1971.

Britain had leased the small Indian Ocean island to the United States, who built a multi billion dollar military base there.

Taniella’s gran was deported to the Seychelles, where Jeanette lived and raised her two elder children until she moved to the UK 15 years ago.

Now the government refuses to recognise those children, the third generation Diego Garcians, as British Citizens.

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chagos  MK  news  milton  keynes  from twitter_favs
september 2018 by ndf
BBC iPlayer - Look East (West) - Evening News: 08/08/2018
“She would rather kill herself than be deported to Mauritius” - powerful words from Jeanette, whose daughter may face deportation from the UK #Windrush

“I turned 18 and now I’m not allowed to do anything.” The words of a Chagossian woman who now faces deportation from the UK #Windrush @BBCLookEast

“It’s common sense for the Gov to back @HenrySmithUK Chagos Citizenship Bill but historic treatment of Chagossians by Gov defies common sense,” our Chair @TomGuha on @BBCLookEast

Latest news for Bedfordshire, Cambridgeshire, Hertfordshire, Milton Keynes and Northants.

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First shown: 6:30pm 8 Aug 2018

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Duration28 mins

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bletchley  news  chagos  bbc  regional  look-east  milton  keynes 
august 2018 by ndf
The true meaning of “In the long run we are all dead” | Simon Taylor
"The long run is a misleading guide to current affairs. In the long run we are all dead. Economists set themselves too easy, too useless a task if in tempestuous seasons they can only tell us that when the storm is past the ocean is flat again."

-- John Maynard Keynes
economics  keynes  quotes  blogs 
april 2018 by ianchanning
Europe’s socialist success story: the strange rebirth of the Portuguese left
The popularity of the government, Louçã says, “springs from relief” after the painful 2011 bailout (which led to the biggest public spending cuts in 50 years) and a deep recession. However, he also cautions that “relief is not a policy”. Though returning public sector wages and pensions to pre-bailout levels has helped promote economic growth, meeting EU fiscal targets has led to “a drastic reduction in public investment”.
portugal  politics  keynes 
april 2018 by yorksranter

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