My blog is on holiday today. There is a lot going on at present and I will report on analysis and upcoming events in the coming period soon. MMTed is coming together, slowly, thanks, in part, to the donations that have been coming in. We need more funds but we appreciate the support so far. But you can see that there will be lots of topics covered in the coming weeks (overleaf) and in the meantime, enjoy some of the best jazz (funk) ever recorded. Back in force tomorrow.
While we continue to practice social distancing, I have been busy.
Topics coming in the next immediate period include:
1. What the RBA is up to buying commonwealth and state/territory government debt. Even the states have found the currency-issuer can ease their need to increase deficits.
2. Was the Eurogroup’s so-called ‘solidarity’ decision last week any major shift in the austerity mindset in the EMU and why it punishes Italy and Spain, particularly.
3. What the Bank of England and H.M. Treasury decided last week – implications etc.
4. What is happening with US labour markets – the job loss bias is skewed severely towards low paid workers.
5. How the neoliberal bias of the IMF has made the Coronavirus crisis worse.
6. And more.
Interview with New Zealand news service
I recorded an interview with the Otago Daily Times last week (journalist Bruce Munro).
His article reporting the interchange and a short video we did together was published on Saturday (April 11, 2020) in their Life & Style Magazine supplement – Much ado about nothing?.
I even got a chance to talk about Rugby Union, even though I would usually avoid the topic.
Thanks to Bruce and his team.
The message is getting out … slowly.
Call for MMTed Support
I imagine the current crisis will put a halt on people donating to causes.
But we are making progress in developing the program that will become – MMTed.
I ran my first Masterclass in London recently and it was well attended. I received good (useful) feedback from several people which will help tune the way we run these face to face classes.
The planned further Masterclasses (May in Australia, June in Europe, September in the US) are on hold while we assess the state of the world. But I hope we will be able to offer them sometime this year.
And on-line curricula is being developed.
But we still need significant sponsors for this venture to ensure that we can run the educational program with negligible fees.
If you are able to help on an ongoing basis that would be great. But we will also be appreciate of once-off and small donations as your
You can contribute in one of three two ways:
1. Via PayPal – which is our preferred vehicle for receiving donations.
The PayPal donation button is available via the MMTed Home Page or via the – Donation button – on the right-hand menu of this page (below the calendar).
2. Direct to MMTed’s Bank Account.
Please write to me to request account details.
Please help if you can.
We cannot make the MMTed project viable on a sustainable basis without funding support.
We will always maintain strict anonymity with respect to donations received, except if the donor desires to be publicly associated with the venture and gives their permission in writing to appear on the Donors Page.
Up until now, all donors have wished to remain private.
Jazz to work by …
Regular readers may or not know that I love Hammond B3 organs. While I am not very oriented towards material things, two possessions: (a) and old Hammond B3 with Leslie cabinet; and (b) a 1920s Steinway Grand Piano, would be easily accommodated in my house if anyone wants to give them away.
Here is a classic example of the beauty of the Hammond and perfect for a day of number crunching and coding in R (which has dominated today for me).
Lou Donaldson is the alto player who set out during the BeBop era, which means Charlie Parker is in his music.
He is thought of as the ‘father of funk’ given his albums of the late 1960s, which are among my favourites and on my often play list.
This album features some of the best jazz players:
1. Blue Mitchell on cornet
2. Lonnie Smith – Hammond
3. George Benson – guitar before he got the weird idea that he could and should sing.
4. Idris Muhammad – drums
9:44 of pure funk and soul the whole way.
This is one of the reasons I fell in love with the Hammond organ.
That is enough for today!
(c) Copyright 2020 William Mitchell. All Rights Reserved.