Mike Norman Economics

Most important, after a 40-year period in which capital has won out decisively over labor, there is much likelihood that global economic policy is to shift back in a much less business-friendly direction. Not only will that weigh on economic growth, but it’s also likely to push inflation higher. And that’s something markets are not currently prepared for. FinenewsDarren Williams: «How Populism Affects Our Business» Darren Williams | Global Economic Research Group for Fixed Income

GND and MMT make it to India.LiveMint (India)Opinion | India's ailing economy needs a green pill for revival Rajrishi Singhal | consulting editor of MintCritical article on MMT but well-researched and worth reading. Modern monetary theory has provided hope that the current economic problems can be solved if we look at things in a "new" light. Blinded by this hope, the fact that this theory is not "new" and has failed in the past has remained hidden. Business Today (India) Ravi Saraogi, CFA...

Another positive article. (Ukiah was my home town for awhile.)The Ukiah Daily Journal — OpinionAnother Voice: Escaping the black hole of debt Crispin B. Hollinshead, Ukiah resident

RT runs a Renegade piece featuring MMT and Stephanie Kelton. I guess MMT can now be blamed on Putin and the Russians.RTMMT – Letters from America

For all the talk of Modern Monetary Theory representing a brave new frontier, it is easy to forget that the United States has gone down this road before, when the US Federal Reserve financed the war effort in the 1940s. Then, as now, the question is not about government debt, but about the debt's purpose and justification. Lays out basic questions about implementing MMT politically in a politically divisive environment like the contemporary US. Project SyndicateModern Monetary...

Positive and accurate. The scope is brief but Milton Ezrati uses it his limited space to show how most negative criticism of MMT fails to take into consideration what Stephanie Kelton, the public face of MMT in the US, actually says.ForbesWhat Is Modern Monetary Theory?Milton Ezrati |senior economist for the NY communications firm, Vested

I checked on the internet today about Trump and one site said the Republican Party has had many honourable and good leaders but Trump is not one of them, said the commentator . He said Trump was a complete joke, a crook,  and an a**hole with no integrity. Phew!I certainly was disappointed in Trump because of the hawkish people he appointed to power and his aggressive posturing, but it has been mentioned here before that some of those appointments were forced on him by rich Republican donors....

Cameron K. Murray is a left leaning economist who says excessive immigration is not good for societies. It is often said by liberals, that in western societies where there is a growing, aging population that isn't fully replacing itself they will need immigrants to do the work, and especially the care work. Not so, says David Cameron, in fact, countries with shrinking populations and aging populations are more productive. You can read his research below. Overview Population ageing due to...

China says if you don't buy our technology we won't buy your soya beans. Well, that says something about U.S. technology. Also, China is developing space age new green technology and energy systems, while the U.S. says it's going to re-invest in its coal mines. I guess we will see those steam trains going across the U.S. again soon - the new frontier! [embedded content]

Unqualified climate nutter discovers garbage disposal.  I wouldn't trust her to check the oil in my car and she says we need to get rid of petroleum or we're all dead... scary!!!!! So @AOC discovers a garbage disposal and teaches the rest of us how terrifying such a device can be. #BOO! pic.twitter.com/qsYEblAY0I — Jim Fannon ?? (@jimfannon) May 7, 2019 Here for others unqualified out there; some intro information on maceration in solid waste processing systems, enjoy.