@anthropic.com I require assistance as Fin is stuck in a loop. I paid for Claude last month, my invoice is marked "Paid", but my account has remained on the Free plan ever since. I can provide the invoice, account e-mail and my bank record. I've exhausted every other avenue to get this resolved.
Damian Penston
@dpenston.bsky.social
Currently working on a post-GDP rights-based framework for measuring public value. #MMT #ViabilityEconomics ORCiD: 0009-0003-8807-7335
(1/3) For the last 250 years, economists have tried to answer the question, "What is value?" Their answers have emphasised labour, utility, exchange, capabilities, public value, ecological systems, or institutions, but there's never been lasting agreement on any single theory.
I've just come across Takens' Theorem. Inferring the hidden viability structure of a system from its observable trajectory may be possible. This demystifies how I can tell when a person is bursting to go to the toilet while walking down the street (operating under rapidly tightening constraints).
Systems fail not because they stop working today, but because they gradually lose the ability to change tomorrow.
Working with organisations that provide trauma-informed care got me wondering whether some of the same thinking could help us understand economics differently. That question led to this article in Sufficiency and Wellbeing. www.sufficiencywellbeing.com/p/why-modern...
Why modern economies keep people in survival mode
What if one of the biggest blind spots in economics is that it has no serious framework for understanding how chronic insecurity changes human behaviour?
sufficiencywellbeing.com
I’ve been looking at Regenerative Economics recently and ended up writing about where I see common ground with my own work around public value, institutions, ecological constraint, rights & privileges, and long-term viability. open.substack.com/pub/damianpe...
What I'm Learning From Regenerative Economics (And What It Might Need)
Image from sustainability-directory.com
open.substack.com
I wondered what economics might look like if it took trauma-informed thinking more seriously, particularly around insecurity and social stability. In this article, I explore the idea more from a structural and systems perspective than a mental health one. damianpenston.substack.com/p/why-econom...
Why Economics Needs Trauma-Informed Thinking
The Overlooked Reality
damianpenston.substack.com
Is Europe facing an energy crisis, or paying the price for choosing to remain dependent on fossil fuels? After the invasion of Ukraine, governments didn't fix energy security. They replaced one set of fossil fuel suppliers with another, which isn't energy security but supplier rotation.
Tall, middle-aged man seeking collaborator for light applied econometrics. Interests include revenue stability, distributional outcomes, sectoral behaviour (vacancy, market power), and policy falsification. No drama - R or Python. Must be comfortable with regressions and bad-ass ideas. No romance.
Many recurring economic failures look less like incentive problems and more like system design failures. I tried analysing political economy the way a software engineer analyses architecture. Architectural Patterns for Economic Systems v1.0 doi.org/10.5281/zeno...
Ireland doesn’t have empty buildings because it lacks laws. It has them because leaving property unused is cheap, safe, and rewarded by system design. This short article is about why vacancy taxes and enforcement fail, and what would actually fix it. open.substack.com/pub/damianpe...
Why Ireland’s Vacancy Policies Are Designed to Fail
Vacancy is Rewarded, Not Prevented
open.substack.com
Economists need to be trained on trauma informed systems theory if our species is to have a chance of surviving.
Ireland is facing climate fines, but that is not really the story. This is about a political choice to delay investment in transport and energy, and why that delay is now being priced. Read the post: open.substack.com/pub/damianpe...
The Cost of a Missed Climate Opportunity
How delaying investment turned climate obligations into a bill
open.substack.com
Closing the door on sick leave doesn’t remove the cost of illness. It decides who carries it: workers, the public, and a private insurance system that profits from exclusion. That’s not inevitability. It’s a choice. open.substack.com/pub/damianpe...
When Authority Pretends to Be Necessity
Closing the Space for Argument on Sick Leave
open.substack.com
Progressive movements are morally clear and highly organised, yet their demands are repeatedly diluted or delayed. It's not a question of values or effort, but of economic assumptions that enter strategy before demands are set, weakening movements from the inside. open.substack.com/pub/damianpe...
Same Struggle, Different Language (Part 2)
How Progressive Movements Undermine Their Own Demands
open.substack.com
I wrote about memory, recognition, and why the far right’s version of Irish identity collapses on contact with history. open.substack.com/pub/damianpe...
The Inheritance the Far Right Cannot Claim
Irishness, memory, and the poverty of exclusion
open.substack.com
I woke up with flu like symptoms and impaired cognition, constituting a negative health shock. In response, a minestrone scarcity constraint imposed the previous evening by the household provisioning authority was relaxed and the asset reclassified from dinner input to medical intervention.
4:36am - this is what's kept me awake so far: Which fiscal structures are inherently unstable? When does inequality become system breaking rather than redistributable? Which forms of economic power cannot be safely permitted? How much extraction can a system tolerate before legitimacy collapses?
Version 2.0 of Labour, Rights, and Public Value: Reconstructing Value Theory for a Just Economy is now published on Zenodo. DOI: doi.org/10.5281/zeno...
My daughter's apple tart preferences have forced an exit from the crust sector: we shall liquidate low fruit capacity, ringfence the apple rich tranche, and deploy ice cream transfers to secure full utilisation of desired dessert real resources. A child-driven dessert sectoral balance adjustment.
Progressives share the same goals, but those who can diagnose the system’s failures and those who can mobilise people to change it aren’t collaborating. The result is weaker strategy for them and poorer outcomes for everyone. This is the first of two articles: open.substack.com/pub/damianpe...
Same Struggle, Different Language (Part 1)
Why Progressives Talk Past Each Other
open.substack.com
Leadership development is now a $366 billion industry that still hasn’t agreed on a definition of what leadership is. I suspect that’s the point. Here’s the answer, free of charge: steemit.com/leadership/@...
What is Leadership? — Steemit
Yes, I know. It’s been eight years since I wrote What Makes a Leader? and promised a follow-up post. Somewhere out… by penston
steemit.com
(1/6) In quantum physics, radical pairs are particles whose behaviour is linked. Change one, and the other responds. The same is true in economics: every credit depends on a matching debt, and every surplus on a matching deficit. Nothing moves alone.
In electronics, reliability = mean time between failures (MTBF). For my post-GDP paper, I think I'll say legitimacy resilience = mean time between institutional failures (corruption, policy breakdowns, judicial breaches).
I just joined the global call to #DrawTheLine — for peace, climate justice, and a world beyond fossil fuels. Be part of the actions this September: drawtheline.world?utm_source=b...
Home | Draw The Line - For life, for people, for the planet.
Join us this September to draw the line against injustice, pollution, and violence; for a future of peace, clean energy, and fairness.
drawtheline.world
They deregulated the banks, then the banks regulated you. Access to credit was framed as freedom, but when every option is a loan, you're selling your future to the money markets. See my latest in Sufficiency and Wellbeing. @degrowth.bsky.social @debtcollective.bsky.social @annpettifor.bsky.social
They deregulated banks, then banks regulated you
When I was a teenager, I saw a bank advertisement that never left me.
sufficiencywellbeing.com
I assume from the background of the image that their color is off-white. At the risk of sounding judgemental, that eagle in the logo looks like it's possessed by the Devil.
they had to go with “america party” over the more natural sounding “american party” because the american party already existed and they ran george wallace for president in 1968
The video shows alarmism from British right-wing media. The EU Commission gave Ireland until July 7 to align with a 2008 framework on incitement to hatred (like Holocaust denial), not pass new ‘hate speech’ laws. Ireland already has hate-crime rules, so this is about harmonisation, not censorship.
Ireland FIGHTS BACK: Will Brussels CRUSH Democracy?
YouTube video by GBNews
youtube.com
Iran has been bombed without congressional approval. This article examines how POTUS became untouchable and what that means for the future of war. Will there come a point where the constitutional crisis is treated as a crisis? #WarPowers #CollapseOfAccountability #USPolitics #Authoritarianism
Who Can Stop the POTUS from Starting a War? At This Point, No One.
The Consequences of Decades of Turning a Blind Eye
open.substack.com
1/7 If you care about justice, or inclusion, or what it means to build a society that doesn't give up on people, please take a moment to watch the video below and learn more. You may find, as I did, that what An Saol Foundation doing is something rare and deeply worth supporting. #AnSaolFoundation
HSE warns of risk to nursing home exit plan for under-65s
The HSE has warned that efforts to move younger people with disabilities out of nursing homes are under threat, after funding for its relocation programme fell short of what was requested
rte.ie