Mike Norman Economics

Jonathan Larson quote.Lars P. Syll’s BlogEconometric disillusionment Lars P. Syll | Professor, Malmo UniversityAlsoDebunking mathematical economics

I called this strong jobs report once again.

MMT without specifically mentioning MMT. Seems to be the new tactic? Why Trump Is So Clumsy About Fighting 'Free Trade'There are better ways than simply slapping tariffs on imported goods. Marshall Auerback / AlterNetSee also at AlterNetBlowing Up Some of the Biggest Myths About the Economy and the Deficit Paul Sliker, Michael Palmieri and Dante Dallavalle / Democracy at WorkalsoBeat the PressWashington Post Says Stronger Patent and Copyright Protections Are "Free-Trade" Dean Baker |...

More MMT without mentioning it specifically.  MMT economists are credited in a footnote: For other scholarly work exploring similar job guarantee proposals, see Harvey 1989, 2000; Wray and Forstater 2004; Wray 2008; and Tcherneva 2012, 2013. This is a fairly long and developed proposal.Center on Budget PrioritiesThe Federal Job Guarantee-A Policy to Achieve Permanent Full EmploymentMark Paul, William Darity, Jr., And Darrick Hamilton

Democrats deciding that Russia-baiting isn't such a good idea after all?I guess Putin's message came across that poking the bear's liar is not a great idea.Zero Hedge Senate Democrats: US Should "Urgently Engage" With Russia To Avoid A Military "Miscalculation" Tyler Durden See also SouthfrontUS Defense Undersecretary for Policy Confirms Russia Has Sensational Nuclear Weapons Technology

Jimmy Dore say's Jeff Bezos net worth is $112 billion, and owns the Washington Post, hangs out with the Pentagon and the CIA, and has all your data and spy stuff, so what could wrong, he asks, when he can see Jeff Bezos stroking a cat with a diamond studded collar, sitting on a dolphin skin covered chair, you know, like Goldfinger or Dr No.Amazon paid no tax in 2017, but it turns out that the government owes Amazon £137 million instead. A capitalism success story, while all the other...

LOL! Can you please narrow it down a bit for us!Elizabeth Warren predicts financial crisis within the decade if banking reform bill passes https://t.co/YzbFhRDNSp pic.twitter.com/rr7ngGULnX— Washington Examiner (@dcexaminer) March 8, 2018

MAGA: US Steel calling back 500 Granite City, Ill., workers after Trump tariff announcement https://t.co/uH1Zm3rZn6 — Modern Metals (@ModernMetalsMag) March 9, 2018

Here we go....Ex-Trump Chief Strategist Bannon: Cryptocurrencies Make Central Banks Redundant https://t.co/xb1lIT4fp9 #Bitcoin pic.twitter.com/Vwrbe34Dku— Bitcoin News (@BTCTN) March 8, 2018

Markets are already on to this. But the Fed will soon be joined by other central banks in tightening policy. Where I spoke of policy divergence last September, now we can speak of policy convergence.... Of course, the zombies will get it wrong as usual. Credit Writedowns Global Policy ConvergenceEdward Harrison