Thursday , September 23 2021
Home / Mike Norman Economics

Mike Norman Economics

Stocks headed lower.

Market is in the process of adjusting to a slowdown in fiscal support, but nothing catastrophic. Nevertheless, stocks will head down for a while. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/

Read More »

China’s Evergrande is not the problem with the market.

China property developer Evergrande may provide a believable excuse for some to sell stocks, but the real reason the market is going down is tied to what I've been saying here over the past few weeks. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics:...

Read More »

Money and Macro – REALLY!? The Dutch Economy is the Most Unequal? – a Response to Economics Explained

 I think I put the Economics Explained video about how the Netherlands had the highest wealth inequality in the world, although its income enequality was one of the lowest. It didn't seem to make sense, but when I thought about it I saw that it was possible how the gap in wages between the top and lowest earners could be small, say between CEOs and waiters, but company owners could still earn terrific wealth, like the way rock stars could, or authors of some of the world's biggest selling...

Read More »

A VACCINATION SIMPSON’S PARADOX

Isreal covid rates explained.Why the vaccines are effective, and still are effective. You need to take age and the amount of people vaccinated into consideration. Anti-Vaxxers on social media are trying to say the vaccines don't work, or worst still, may even be a leading cause of death. As usual, these people don't care for science or research, just the headlines will do. There is 90% vaccination rate in Israel among older people. The vaccines are 90% to 95 % effective, but there are still...

Read More »

Massachusetts activates national guard for school bus drivers

Why don’t they put the bus driver jobs in a job guarantee and then people will just show up to do that?  Or just include munnie for the school bus driving in the $3.5T infrastructure bill then people will magically show up?  Massachusetts’ governor has activated the state's National Guard to help bus students to school. Districts across the U.S. are struggling to hire enough bus drivers, complicating a school year already beset by the ongoing pandemic. https://t.co/bAwnekrySc— The Associated...

Read More »

David Hanscom MD – The Curse of Consciousness: Trapped By Your Thoughts,

The universal human need for mental control disrupts our quality of life.Mankind needs an off switch because this could promote healing, but our minds evolved to be constantly aware of danger, so the harder you try to banish negative thoughts, the more they come back, and in chronic situations, it can kill you. The system can go wrong, but the way to healing is through hobbies and things to do. The inability to escape from unpleasant thoughts has a major impact on many people’s quality of...

Read More »

A Currency’s Command over Real Output in a Nutshell — Peter Cooper

In principle, a currency’s command over any category of real input or output can be considered in terms of a suitably defined price index. The present focus is on the aggregate level and, in particular, a currency’s command over real final output. Earlier posts explore the topic in greater depth (links below). This is a crib notes version....heteconomistA Currency’s Command over Real Output in a NutshellPeter Cooper

Read More »