{"id":45675,"date":"2020-08-26T18:18:43","date_gmt":"2020-08-26T08:18:43","guid":{"rendered":"https:\/\/billmitchell.org\/blog\/?p=45675"},"modified":"2025-08-22T15:32:20","modified_gmt":"2025-08-22T05:32:20","slug":"presentation-to-the-new-zealand-fabian-society-august-16-2020","status":"publish","type":"post","link":"https:\/\/billmitchell.org\/blog\/?p=45675","title":{"rendered":"Presentation to the New Zealand Fabian Society, August 16, 2020"},"content":{"rendered":"<p>It&#8217;s Wednesday and my light blog day produces a video or two. The first is a presentation I recently made to the New Zealand Fabian Society and the second is some exquisite trumpet playing from Chet Baker.<br \/>\n<!--more--><\/p>\n<h2>Presentation to the New Zealand Fabian Society, August 16, 2020<\/h2>\n<p>I was asked by the Fabian members to talk about Modern Monetary Theory (MMT) (what else!) by way of a simple introduction and to then extend the discussion to cover the concept of buffer stocks in monetary systems and the Job Guarantee.<\/p>\n<p>The presentation was via Zoom and I relied on the recording at the Fabian&#8217;s end (over in New Zealand) for this video.<\/p>\n<p>Overall, the sound is not too bad.<\/p>\n<p>The presentation runs for 42:05.<\/p>\n<p><iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/Aykp6Zp7QnE\" frameborder=\"0\" allow=\"accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/p>\n<div style=\"clear:both;\"><\/div>\n<h2>Music &#8211; Chet Baker<\/h2>\n<p>This is what I have been listening to while working this morning.<\/p>\n<p>It is from the April 1980 album &#8211; <strong>Leaving<\/strong> &#8211; by the incomparable &#8211; <a href=\"https:\/\/en.wikipedia.org\/wiki\/Chet_Baker\">Chet Baker<\/a> &#8211; which was released by the German Intercord label and recorded in Munich.<\/p>\n<p>It is one of my favourite albums and I play it regularly.<\/p>\n<p><a href=\"https:\/\/billmitchell.org\/blog\/wp-content\/uploads\/2020\/08\/Chet_Baker_Leaving_1980.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/billmitchell.org\/blog\/wp-content\/uploads\/2020\/08\/Chet_Baker_Leaving_1980.jpg\" alt=\"\" width=\"400\" height=\"400\" class=\"alignnone size-full wp-image-45678\" \/><\/a><\/p>\n<div style=\"clear:both;\"><\/div>\n<p><strong>Photo credit:<\/strong> John Claridge &#8211; please go to his &#8211; <a href=\"http:\/\/johnclaridgephotographer.com\">Home Page<\/a> &#8211; for further details. I appreciate the use of his photo.<\/p>\n<p>The differentia specifica, is that there is no drummer involved.<\/p>\n<p>Chet Baker first experimented with this band format the year before and started to minimalise the solo work on his albums. This album extended that experimental trend, which I found really interesting when I first encountered it in the early 1980s.<\/p>\n<p>The quarter comprises:<\/p>\n<p>1. <a href=\"https:\/\/de.wikipedia.org\/wiki\/Dennis_Luxion\">Dennis Luxion<\/a> &#8211; piano<\/p>\n<p>2. <a href=\"https:\/\/en.wikipedia.org\/wiki\/Riccardo_Del_Fra\">Ricardo Del Fra<\/a> &#8211; bass.<\/p>\n<p>3. <a href=\"https:\/\/en.wikipedia.org\/wiki\/Nicola_Stilo\">Nicola Stilo<\/a> &#8211; Alto flute.<\/p>\n<p>4. <a href=\"https:\/\/en.wikipedia.org\/wiki\/Chet_Baker\">Chet Baker<\/a> &#8211; Trumpet with Harmon mute and vocals.<\/p>\n<p>All long-time associates of Chet Baker and Stilo even became addicted to heroin, following Baker&#8217;s lead.<\/p>\n<p>The song &#8211; Leaving &#8211; was written by American jazz pianist and composer &#8211; <a href=\"https:\/\/en.wikipedia.org\/wiki\/Richie_Beirach\">Richie Beirach<\/a> and is a classic understatement.<\/p>\n<p>Eight years later, Chet Baker died at the age of 58, lying on the street in Amsterdam after falling from his hotel room. He was a lifetime heroin addict.<\/p>\n<p><iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/DKVWp_Ekl44\" frameborder=\"0\" allow=\"accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/p>\n<div style=\"clear:both;\"><\/div>\n<p>What a sound though.<\/p>\n<p>That is enough for today!<\/p>\n<p>(c) Copyright 2020 William Mitchell. All Rights Reserved. \t\t<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It&#8217;s Wednesday and my light blog day produces a video or two. The first is a presentation I recently made to the New Zealand Fabian Society and the second is some exquisite trumpet playing from Chet Baker.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[14,16,70,28,40],"tags":[],"class_list":["post-45675","post","type-post","status-publish","format-standard","hentry","category-debriefing-101","category-demise-of-the-left","category-fiscal-statements","category-inflation","category-music","entry","no-media"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=\/wp\/v2\/posts\/45675","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=45675"}],"version-history":[{"count":0,"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=\/wp\/v2\/posts\/45675\/revisions"}],"wp:attachment":[{"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=45675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=45675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=45675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}