Prof. Ultra-Realism. Criminology. Sociology. Economic History. Neuropsychology. Anthropology. Political Theory.
Newcastle upon Tyne
Joined December 2023
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My fab daughter Alex has just won a Leverhulme Prize. Her forensic analyses of illicit markets, freeports and special economic zones are on the cutting edge of a criminology coming of age to produce the most revealing insights into the global economy. northumbria.ac.uk/about-us/n…
Steve Hall retweeted
Private equity bought the hospital.
Then it cut the nursing staff.
Then it sold the building to a real estate trust and leased it back at higher rates.
Then it loaded the hospital with debt from the acquisition.
Then it declared bankruptcy, walked away with fees intact, and the hospital closed.
This happened to dozens of American hospitals.
None of it required a single Chinese investor.
None of it required Russian interference.
It required a legal and regulatory framework that permitted it, built over decades by legislators whose campaigns were funded by the industry doing it.
The enemies list they gave you is long and detailed and international.
The one they left off is short and domestic and much closer to the money.
Back to unseen exams and vivas. The only answer.
"The survey found that AI use was rife, with students saying their colleagues completed assessments using AI “sometimes in just a few minutes” and received similar grades to those who had completed an assessment without AI.
“Some students described their peers being unable to recall basic details about the assessment they had just submitted,” the report noted.
One student told the researchers: “I’ve had people admit, peer to peer, ‘I wrote this whole essay with ChatGPT’ … then they don’t get caught, they get a good grade probably, and then because it worked the first time, they do it on their next assessment.”"
Link below👇
Steve Hall retweeted
Neoclassical economists could find a dead body in a ditch and spend three hours explaining why dying there was a rational choice.
Karp is a reborn Maccabee, urging Israel to use 'maximum violence' against those it seeks to displace from its God-given land. As such, he's as volkish as anything Heidegger imagined. His Trot-Zionism is simply a means of disrupting any genuine leftist opposition.
Steve Hall retweeted
If only it wasn't tied to the Democrats
Democrats are back. So is economist Stephanie Kelton’s big idea go.f-st.co/YvzGBgg
Steve Hall retweeted
I am in Madrid and the demonstration is enormous, despite torrential rain.
People furious at landlordism and cost of living while real wages fall.
But I have never heard such visceral anger from a crowd before. A noise I won't forget.
Desborde gigante en #madrid dónde no paran de venir gente a la convocatoria de manifestación por la helga general por la vivienda digna por Maricarmen
#11NHuelgaGeneral @DRYmadrid @InquilinatoMad
Steve Hall retweeted
Bernie Sanders and just about everyone in the Democratic Party's coalition habitually and shamelessly ENABLE the false and harmful austerity argument that Greene is making here.
Monetarism is a dishonest conservative-libertarian mythology and moral framework. It's wrong.
Steve Hall retweeted
Israel 🇮🇱 tonight again bomb Gaza City 🇵🇸
•Over 1600 murdered since the so called ‘ceasefire’
•Aid blocked by 🇮🇱 at the Rafah border
•120k tents needed for shelter
•70k tents flooded with rain & sewage
There is no ‘ceasefire’
It’s still a genocide.
Steve Hall retweeted
Full metal stupid.
Steve Hall retweeted
Somewhere a hedge fund manager is making more money before lunch than a nurse earns in ten years.
One keeps people alive. The other moves money around for rich assholes.
And guess which one most likely gets gets told they shouldn't be doing it for the money.
Steve Hall retweeted
Please note the Burnham Friends of Israel government has in fact brought in zero sanctions against illegal Israeli settlements.
Zero.
It was another straight out lie from Ed Miliband.
AJ EXCLUSIVE: The UK awarded £10.7m ($15m) in new public contracts to firms linked to illegal Israeli West Bank settlements, despite UK gov’t pledges to punish companies that profit from settlement activity, an Al Jazeera investigation reveals.
🔗: aje.news/99ct5z
Steve Hall retweeted
Difficult. China is 'authoritarian' in the sense of limited pluralism but 'democratic' in the sense of an oligarch-free party with 100 million members and 3000 delegates representing locales and regions. There's no precise term for this in Western political philosophy.
Steve Hall retweeted
🇫🇷 resgataram vídeos de Mitterrand em que ele faz falas mais duras e mais à esquerda do que Mélenchon.
é extraordinário como o mundo ocidental caminhou para a direita. hoje, Mitterrand seria odiado e acusado de ser de “extrema esquerda”.
Steve Hall retweeted
Corporate efficiency is fucking incredible. You fire half the workforce, make the remaining employees do three jobs, replace customer service with a chatbot that doesn't work, raise prices 20%, and give the CEO a $15 million bonus for improving productivity.
Steve Hall retweeted
This is the math-skills of mainstream charlatans that they are proud of: Manipulating the data to prove their flawed arguments.
Some of mainstream economists call this case as an 'exception'.
Did authors withdraw the article?
No.
Did other scholars stop citing it?
No..
A 28-year-old UMass graduate student got a homework assignment to reproduce a famous economics paper, couldn't make the numbers match, and found a spreadsheet mistake in a study that politicians had used to argue for budget cuts.
His name is Thomas Herndon.
In 2010, two Harvard economists, Carmen Reinhart and Kenneth Rogoff, published a short paper called Growth in a Time of Debt. Its headline finding: once a country's public debt goes above 90% of its economy, growth falls off a cliff. In their numbers, average growth for that group was minus 0.1%.
It came out right after the 2008 financial crisis, and it spread fast. In the US, the Paul Ryan budget cited it as its only evidence on what high debt does to growth.
In Europe, an EU commissioner pointed to the research in a speech. In Britain, George Osborne cited the authors by name.
Herndon was a PhD student at the University of Massachusetts Amherst, taking a class called Econ 753: Applied Econometrics. The big assignment was to pick a well-known paper and replicate it.
He picked this one. He couldn't get the same results.
He asked the authors for their spreadsheet, and they sent it. When he spotted the problem, he called his girlfriend over to make sure he wasn't seeing things.
He wasn't.
> One formula stopped five rows short
> That quietly left out five countries: Australia, Austria, Belgium, Canada and Denmark
> Some available years of data for other countries weren't included
> The way the averages were weighted let a single bad year in one country count as much as decades in another
Herndon and his professors, Michael Ash and Robert Pollin, published the critique in April 2013. Fixing the problems, average growth for the high-debt countries came out to 2.2%, not minus 0.1%.
Reinhart and Rogoff publicly admitted the spreadsheet error. They disputed the other criticisms and defended their broader view. Economists still argue about debt and growth today.
But the formula was wrong, and for about three years nobody had publicly caught it.
A student doing homework did.
Most people assume famous research has been checked many times. Often the first person to really check it is someone with nothing to lose and an assignment due.
Have you ever found a mistake in your boss's spreadsheet and kept quiet?
Steve Hall retweeted
This is critically important. Deregulation has really meant letting the finance sector do what it wants. And it wants to get us all in hock to them.
Do not allow private banks to create money for stock market/real estate speculation. New money only for new/productive investments. That'd resolve dilemmas like this.
xitter.twitterapi.xyz/CMcgarraugh/status/212…
Steve Hall retweeted
Germany's former military Chief of Staff and chair of NATO’s Military Committee, General Harald Kujat, says the war in Ukraine is based on Western lies - something some of us have been saying since it began.
@skwawkbox
skwawkbox.org/2026/11/10/for…
