Mike Norman Economics

Moon of AlabamaSeeing Social Decline As A National Security Threat May Change Conservative Policies Sic Semper Tyrannis — EditorialTrump's foreign policy is run by neocons. (Editorial)Col. W. Patrick Lang, US Army (ret.) Sputnik InternationalIn Trade War, Beijing Has Staying Power Washington Lacks Mint Press NewsAt Elite Gala With Ex-Bush Official, Obama Implores Wall Street to Thank Him for Making Them so Much Money Ben Norton Mint Press News US Sanctions Have Become Little More...

Jimmy Dore doesn't mince his words about Hilary Clinton. A really horrible person! [embedded content]

In 1995, the late economist Gustav Ranis wrote that, “If there is one key to developmental success, it is avoiding the encrustation of ideas,” which is achieved through policymakers' “ever-increasing reliance on the responsiveness of large numbers of dispersed decision-makers.” That description suits China perfectly. Agility. Project SyndicateChina Deserves its Economic Success Zhang Jun | Dean of the School of Economics at Fudan University and Director of the China Center for Economic...

Abstract This study by PERI researchers Robert Pollin, James Heintz, Peter Arno, Jeannette Wicks-Lim and Michael Ash presents a comprehensive analysis of the prospects for a Medicare for All health care system in the United States. The most fundamental goals of Medicare for All are to significantly improve health care outcomes for everyone living in the United States while also establishing effective cost controls throughout the health care system. These two purposes are both achievable....

Economic ThoughtHistory, Philosophy and MethodologyVol. 7, No. 2 Free download. Real-World Economics Review Blognew issue of Economic Thought

“We don’t teach anything,” says Nicolas Sadirac, head of École 42. “The students create what they need all the time.”... Who cares about another coding school? Schools around the world, from kindergarten up, are scrambling to figure out what skills kids need to thrive in the future. Disagreement abounds about which skills should be prioritized, and how they should be taught, but opinions coalesce around some mix of collaboration, creativity, critical thinking, communication, and...

A central fiscal capacity is a recurring topic in discussions on reform of the Economic and Monetary Union, but no consensus on the usefulness and necessity of a such a capacity has been reached. This column, part of the Vox debate on euro area reform, argues that the potential stability benefits of a central fiscal capacity can be achieved through stronger financial market risk sharing and more effective use of fiscal stabilisers, without any additional fiscal risk sharing.... To...

Paul Krugman still wrong. The mainstream model of an economy based on general equilibrium, rational utility maximization, and money neutrality is one of a possible world that doesn't exist and can't exist in a monetary production economy. There is nothing wrong with constructing models of possible worlds, and, in fact, all models exist in possibility space, not real space. But it is wrong to claim or imply that such models of possible worlds apply to the real world when there is evidence...

Taking down lazy back-of-the-hand critiques of MMT that don't actually address MMT but just belittle a caricature of it.Independent AustraliaA response to MMT criticism Stephen Williams

No; Art Degree morons they are not referring to the "money supply!" here  ha ha ha ... good one there but no.... nice try though....[embedded content]