Mike Norman Economics

The trolls are at it.Continental TelegraphZimbabwe’s Real Riots Problem – Modern Monetary Theory Strikes Again Tim Worstall AEIEp. 124: What is Modern Monetary Theory? — Political Economy with James Pethokoukis The WeekWhy Modern Monetary Theory is an unserious idea for an unserious time James Pethokoukis

Potholer54 takes on the idiots, Lord Monckton and Stefan Molyneux. See how Lord Monckton knowingly chooses faulty facts from a climate change research facility which later on corrected their data when they found the error in their calculations. But Lord Monckton chooses to ignore this. [embedded content]

In the video below you will see how climate change deniers twist and change the facts. One person, who may not be a scientist, will read part of a research paper on climate change and misinterpret, maybe on purpose, the facts, which he then puts out on his blog which hundreds of other climate change deniers then reblog, until you get an echo chamber of misinformation.Climate change deniers say is that mankind is only contributing 3% of the carbon each year into the atmosphere. Now,...

According to a recent scientific report, it's to late to stop runaway climate change through the positive feedback effect.Perhaps greening the deserts could save us? A scientist who has greened some parts of the desert, says we can carry on using fossil fuels if we do, but governments around the world have even failed to do this. But perhaps we in the West should be chipping in for some of this?In this video an American scientist debates with a hall full of Australian climate change deniers,...

While the literature on theoretical macroeconomic models adopting the stock-flow-consistent (SFC) approach is flourishing, few contributions cover the methodology for building a SFC empirical model for a whole country. Most contributions simply try to feed national accounting data into a theoretical model inspired by Wynne Godley and Marc Lavoie (2007), albeit with different degrees of complexity. In this paper we argue instead that the structure of an empirical SFC model should start from...

Scraping the bottom of the barrel. Mocked on Twitter. Michael Strain is straining. The Establishment is grabbing at straws as their world begins to collapse. Of course, the "joke" is not funny when the joke is on you. Actually, his attempted screed is pretty funny. He is forced to admit that MMT has it right and then look for reasons like political irresponsibility that admitting it will blow up the world.Bloomberg Opinion‘Modern Monetary Theory’ Is a Joke That’s Not Funny Michael R....

Asia TimesTalk of Western intervention in the Black Sea is pure fantasy Pepe Escobar The HillDOJ Official Warned Steele Dossier Biased, Connected To Clinton John Solomon, Opinion Contributor Dances with BearsBRITISH GOVERNMENT DEMOLISHES SKRIPAL HOUSE, ROOF FALLS IN ON THERESA MAY AS EVIDENCE GROWS THAT SERGEI SKRIPAL POISONED HIMSELF BY ACCIDENTJohn Helmer Fort Russ NewsRUSSIA RISING: Russia On Course to be Top 5 Economy by 2020 DESPITE SanctionsPaul Antonopoulos Middle East MonitorUS...

I know people would have clicked through to it from the last post, but Iwanted to have the Table of Contents as a separate post. Clint Ballinger1000 CASTAWAYS: Fundamentals of Economics–Introduction

Some of the Dems are saying that Tulsi Gabbard is a Putin puppet, an Assad apologist, and a monster. So, if you're anti war then you're a monster, but Dick Cheney isn't, or the rest of M.I.C.Also, the excellent Gordon Dimmack gets a mention from Jimmy Dore too. [embedded content]

Just about every country in world has had its elections interfered with by Britain, the US, and NATO, who may have even stopped Bernie Sanders from winning the primaries.But the corporate media has completely ignored the latest revelations about the spooky, British tax payer funded New Integrity Initiative group which tried to smear Jeremy Corbyn interfering in British politics.When the Labour Party politician, Chris Williamson, went to visit them, they just slammed a door closed in his...