Mike Norman Economics

For the record. Trouble in MMT-land.Funding the FutureMMT’s Leeds conference and disinvitationsFunding the Future (formerly Tax Research UK)Richard Murphy, Tax Research LLP

Once the Fed starts cutting rates, things are going to change big time. But not the way people think.

The famous investment advice from Nathan Rothchild. 

Monetarist and FOMO buying keeping stocks elevated, but the market is highly speculative. 

Today (July 12, 2024), MMTed releases Episode 1 in the Second Season of our Manga series – The Smith Family and their Adventures with Money. We have spent the last several months developing the storylines and graphics and Season 2 will run from today to December 6, 2024 with episodes appearing on a fortnightly basis.Have a bit of fun with it while learning Modern Monetary Theory (MMT) and circulate it to those who you think will benefit …William Mitchell — Modern Monetary TheorySeason 2 of...

Thinking back to President Nixon's resignation in 1974 due to the Watergate scandal, it almost seems juvenile by today's level of scandals. Nevertheless, Nixon resigned. (He would have been impeached by the Senate anyway, most likely.)Now we have a geriatric, senile old man who can't find his way off a stage or put intelligible sentences together and who is under pressure from his own party but won't step down for the good of the country. The total collapse of integrity and accountability...

Just look for the many abundant contradictions. 

A phrase I hardly ever use and here’s why. 

Record highs are being driven by a handful of big cap stocks. The broader market is not doing as well.