www.theguardian.com/technology/2... AirBnB sinks to a new low in curation and stewardship. I wish we had the collective goodwill to make alternatives like fairbnb.coop a success. www.thenews.coop/co-op-soluti... ...but solidarity is in short supply. Give the alternatives a regulatory hand up!

Gangs using Airbnb-type rentals as drug stash houses, top Belgian official says

Flexible short-term bookings used to store and pack drugs and stash weapons and cash, says Ine Van Wymersch

theguardian.com

@sjwrenlewis.bsky.social reminds us what serious economic reform *should* look like mainlymacro.blogspot.com/2026/07/the-... and why the UK boomers would probably block it. Labour isn't serious about it. #economics

The political barriers to radical tax reform

Want more public services, help with the cost of living, a simplified tax system and a reduction in the public sector deficit? It sounds l...

mainlymacro.blogspot.com

dgwbirch.substack.com/p/the-next-b... A nice piece by @dgwbirch.bsky.social on a plausible future for post-quantum digital currency. But what if we used new tech to revive new networks of local currencies and mutual credit? Is this for @andyburnham.bsky.social #localism #money #credit #lewespound

The Next Bitcoin

There will be a Bitcoin 2.0, but how will it work?here

dgwbirch.substack.com

open.substack.com/pub/chrisdil... Get rid of the fiscal rule requiring a declining debt to GDP ratio

Fetishising fiscal rules

The government can game its fiscal rules but it cannot game the inflation constraint.

open.substack.com

#communitysolar government and its regulator needs to press the grid operators to absorb 'excess' solar and drop the consumer price when energy co-ops can supply: www.theguardian.com/environment/...

Britain’s biggest community solar farm forced to shut over grid overload fears

Timing of Devon switchoff ‘could not be worse’, says board, as members face an estimated £2m in lost revenue

theguardian.com

I loved the little moment of politeness and decency when the Iranian player taking the corner kick apologised as he walked backwards into an official or photographer, who was in the wrong place. Courtesy amid chaos.

www.wheresyoured.at/exclusive-op... ....how long can a bubble last? #AI

Bridget's excellent trailer: www.instagram.com/reel/DZcaM5n...

Instagram

Create an account or log in to Instagram - Share what you're into with the people who get you.

instagram.com

open.substack.com/pub/chrisdil... Excellent post by Chris Dillow. Such a welcome contrast to BBC tittle-tattle. #ecomomics

What bond market constraint?

Yes, bond markets are a constraint upon a leftist government - but maybe not the biggest one.

open.substack.com

blog.thestateofme.com/2026/06/05/m... Chris Swan reminds us that the free ride is over, and that token budgets, and their allocation, is suddenly in the hands of the CxO mobsters. We are on the brink of a very worrying 'multiplier' effect where greed for returns outstrips innovation for good. #AI

Miell’s Law and Token Budgets

TL;DR Conway’s Law tells us that organisations create systems that mirror their communication systems. Jamie Dobson coin’s ‘Miell’s Law’ in a post about the work of ou…

blog.thestateofme.com

@timharford.ft.com your moreorless piece on R4 this morning didn't explain old and new govt debt and the timing of govt int payments. Fixed coupon? When renewing? By how much... materiality? It's at the margin. Nor did it mention the interest on reserves that we pay to the bankers. Why so much?

On Leadership in the Labour and Cooperative party: What about followership, or solidarity, that distinguishes us from the neoliberal rats-in-a-sack. The core issue is the economic constraint. Keir needs to challenge Reeves to take on the banks and the BoE's Andrew Bailey, who needs to GO. #economy

“"Kali365 lowers the barrier of entry, providing less-technical attackers access to AI-generated phishing lures, automated campaign templates, real-time targeted individual/entity tracking dashboards, and OAuth token capture capabilities," the FBI said” www.theregister.com/cyber-crime/...

FBI warns Kali365 phishing kit is stealing Microsoft OAuth tokens at scale

MFA? No problem, says crimeware that tricks users into handing attackers the keys to M365

theregister.com

"The decadent international but individualistic capitalism in the hands of which we found ourselves after the war is not a success. It is not intelligent. It is not beautiful. It is not just. It is not virtuous. And it doesn't deliver the goods." -John Maynard Keynes

I’m amazed anyone needs reminding of this, but local government spending power per person fell by 18% from 2010 to 2024 (would have been 26% but for increases in council tax). At the same time, social care pressures on local govt have grown a lot. The decay of the public realm is NOT a mystery

How have English councils’ funding and spending changed? 2010 to 2024 | Institute for Fiscal Studies

Increases in council funding over the last parliament have not reversed big cuts made during the 2010s, with spending on many services still down 40%.

ifs.org.uk

If you are interested in a different, kinder way of accessing new music, try Mirlo (and its federated friends) Interview with the amazing LLK here diyconspiracy.net/mirlo-interv... #music #streaming #coops

Ok, so, a scenario no one in macro is talking about re oil and Iran is: what if consumers aren’t stupid and front run the expected shock. Then we will see a spike in saving, loss of consumption, and a classic General Theory type demand led recession.

BBC Radio 4 Today package on the bond market was a disaster. It hasn't explained the primary and secondary markets for bonds. It hasn't explained how money has been created. It hasn't explained the fiscal rules properly. It hasn't explained WHEN bond interest kicks in and by how much....

Spare parts pricing practices could do with a look as well. At least the EU and UK are ahead on these rights.. dysfunction in US, again.

@wabrandsma.eurosky.social on Bluesky

Tech Companies Fail To Kill Colorado’s ‘Right To Repair’ Law https://www.techdirt.com/2026/05/11/tech-companies-fail-to-kill-colorados-right-to-repair-law/ Like many similar efforts, tech companies falsely tried to convince lawmakers that making things cheaper and easier to repair would pose entirely new privacy and security risks.

bsky.app

#economics What has happened to Labour's reforming zeal for cutting the payments made on banking reserves? Gordon Brown was on the money in 2024: www.itv.com/news/2024-03...

Gordon Brown says the government can raise billions of pounds from banks | ITV News

The longest serving chancellor since the nineteenth century has suggested a plan of action to raise funds. | ITV National News

itv.com

I just watched a Matalan ad with a background track that sounded like Jungle. To me, it reeks of AI. Did Jungle get any revenue or credit? uk.themedialeader.com/matalan-roll...

Wealth taxes - fake news from millionaires: taxjustice.net/press/korean...

Korean president cites TJN takedown of millionaire exodus myth, demands end to anti-democratic “fake news” against wealth taxes - Tax Justice Network

South Korean President Lee Jae Myung condemned1 the Korea Chamber of Commerce and Industry over the weekend for spreading “fake news” about millionaires supposedly leaving South Korea due to inheritance taxes after the Chamber cited in a press release the widely discredited Henley & Partners report. The President cited the Tax Justice Network’s 2025 debunking2 […]

taxjustice.net

Peter Frankopan reminds us that the US signed the Hague Convention in October 1907 and ratified it in Congress on 27 November 1909.... and has never withdrawn from it.

There's opportunity for Europe.... Original post: climatejustice.social/@GeofCox/116...

#bbcradio4 Please can we talk about about the market appetite for UK securities and the 'bond vigilanties that you don't wanna test too much'? If these folks are the de-facto arbiters of policy in our democracy, then I think I need to know more about them. The Liz Truss event told us a little.

Credit unions help people access fair, ethical finance. But an outdated law is holding them back. I’ve signed this petition to update the rules so credit unions can grow and serve more communities. Sign here 👇 party.coop/campaign/com...

Let credit unions serve their communities

Don’t let outdated laws hold credit unions back.

party.coop

#iranwar #economics #artofthe deal ....So the economic cost of the war looks like 1-2Tn $ in the short term, maybe 3-5Tn $ in the long run: Morally AND financially bankrupt.

Original post: toot.thoughtworks.com/@mfowler/116...

Two very different approaches to coding with AI: Thoughtful: martinfowler.com/articles/red... ...as opposed to the way it is often used: Addictive: infosec.exchange/@bontchev/11...

Design-First Collaboration

Before writing code, dialog with progressive levels of design alignment

martinfowler.com

#politics #churchill #rupture It's time for Starmer to make a Carney speech: Moral authority, rules-based order among the middle powers and.... Trump's big weakness.... economic and political sanity: BBC News - Gas and oil prices soar and shares tumble on fears www.bbc.co.uk/news/article...

Gas and oil prices soar and shares tumble on fears conflict could escalate - BBC News

Markets react as the conflict in the Middle East intensifies and concerns grow over how long it will last.

bbc.co.uk