Mike Norman Economics

Quite a nice little podcast, I thought, but the show is funded by HSBC.Fran Boait, from Positive Money, and Josh Ryan-Collins discuss quantitative easing for the people. Now that people have seen that the government can create money and spend it without causing inflation the ice had been broken, they say.Ed Miliband and Geoff Lloyd said they didn't fully understand everything about quantitative easing for the people despite Geoff having a master's degree in economics. Well, I'm not doing too...

Apple are going to buy back $1 billion of its shares. Ralph Nader says they have so much money they don't know what to do when it. Under Steve Jobs Apple did but own one cent, but dunce he has gone they have borrowed $1.5 billion. Nader says why didn't they pay fair share of taxes, or pay its workers a decent wage, or invest in its company, or spend some money ensuring that discarded i Phones don't harm the environment?US companies have bought back $7 trillion of stock over the years. The...

Do you like hats, I do, especially a Trilby hats? I go Lindy Hop dancing - 1930's swing - and we love to dress up for it looking very Gatsby. I even even have a violin case which I carry in and I've heard of people having fake tommy guns inside too.  Flat caps look great at dancing as well.Anyway, I haven't just posted this for the great advice on selecting the right hat for your body size and face shape, but because the video is so darn entertaining. I just love it, and the guy is so dapper...

Jan Hatzius made some macro projections about wages, unemployment, and inflation: Goldman’s Jan Hatzius wrote Sunday that unemployment should continue to decline to 3% by early 2020, noting the labor market also has room to accommodate more wage growth. Hatzius predicted that average hourly earnings would likely grow in the 3.25% to 3.50% range over the next year. ... For now, Goldman has a baseline forecast of 2.3% for core PCE ... Well, these are all roughly consistent with Dynamic...

How ideas move through academia may depend on where those ideas come from as much as their quality, a new study suggests. Science DailyHow ideas go viral in academia: Where idea starts is key University of Colorado at Boulder

[embedded content] More and more Americans are not scared to call themselves socialists. Many were not brought up in the 1950's where children were drilled in 'Duck and Cover '  - as if hiding under your classroom table was going to make any difference -  and other anti communist propaganda and so view socialism much more favourably.  Time us running out, says Paul Jay, as we have just 13 years to turn the climate around too save the planet. And Francesca Fiorentini says the left doesn't...

Venezuela has paid for the insulin needed for 60 thousand patients but the US has blocked the shipment. Without the insulin these people, including children, could die.The U.S. is really mean to inflict such a horrible death, but where's the outcry in the Western media? Washington is hoping to force the Venezuelans into removing their government.John Bolton says he's a Christian and so do many others in the Trump government.  But they are the devil after the oil. [embedded content] Anya...

No, this won’t be on the table until 2021 at the earliest. But the party’s candidates need to offer some solutions. Bloomberg OpinionThe Democrats’ Options for Repealing the Trump Tax Cut Stephanie Kelton | Professor of Public Policy and Economics at Stony Brook University, formerly Democrats' chief economist on the staff of the U.S. Senate Budget Committee, and an economic adviser to the 2016 presidential campaign of Senator Bernie Sanders

Just four days after president Trump signed an executive order last Thursday enabling new sanctions on Venezuela’s gold sector, in a bid to disrupt trade with Turkey which U.S. officials believe is undermining efforts to cripple Venezuela's economy and force Maduro and members of his government out of office, Maduro is now seeking to repatriate about $550 million in gold bars from the Bank of England over fears it could be caught up in international sanctions on the country. US economic...

It's not perfect, it's mainstream economics, but it's interesting and raises some good points.'Trump said he was going to drain the swamp, but he just a president for rent seekers'.It doesn't mention it here, but was the rising stock market just salivation over the $110 billion arms deal. [embedded content] With unemployment at a 50-year low, wages starting to pick up, and the stock market booming, the US economy has defied expectations since the 2016 election. Nobel laureates Angus Deaton...