Mike Norman Economics

“The planet is heading for environmental destruction: how do we make money out of that?”They believe they have found some of the answers.Capitalism doesn't seek the best solutions but rather the most profitable ones. Solutions that are more effective but less profitable are tabled. That is the nature of the game. Craig Murray BlogConcentration of PowerCraig Murray, formerly British ambassador to Uzbekistan and Rector of the University of Dundee

Proposal for the incoming government of Germany to avoid legally imposed fiscal austerity through creative problem solving.Tax Research UKGovernments cannot borrow in their own currencies, but they can provide places of safe deposit for savers, and it is essential that they doRichard Murphy | Professor of Practice in International Political Economy at City University, London; Director of Tax Research UK; non-executive director of Cambridge Econometrics, and a member of the Progressive...

It is safe to say that, far from being overstated, the Americanization of the NHS is very nearly complete, write Stewart Player and Bob Gill.Wakeup call.CounterpunchUS Empire Seizes UK’s National Health ServiceStewart Player and Bob Gillhttps://consortiumnews.com/2021/12/06/us-empire-seizes-uks-national-health-service/https://consortiumnews.com/2021/12/06/us-empire-seizes-uks-national-health-service/

Last Friday (December 3, 2021), the US Bureau of Labor Statistics (BLS) released their latest labour market data – Employment Situation Summary – November 2021 – which reported a total payroll employment rise of only 210,000 jobs in August and a 0.4 points decline in the official unemployment rate to 4.2 per cent, while participation rose by 0.2 points. This is one of those crazy months when the payroll figure suggests a slowing down while the labour force survey paints a fairly rosy outlook...

Thomas Piketty highlights the value of a Job Guarantee. He also speaks to the importance of property rights and political power (as discussed at: https://youtu.be/NCjt027KCG4) At the Global Forum on Democratizing Work in November 2021.Brave New EuropePavlina Tcherneva, Thomas Piketty – Democratising Workhttps://braveneweurope.com/pavlina-tcherneva-thomas-piketty-democratising-work

My long term outlook for Bitcoin might surprise you. ThinkAdvisor interview on MMT. https://www.thinkadvisor.com/2021/12/02/why-mmt-haters-have-it-wrong-economist-michael-norman/

Art Degree morons running everything…Figurative:One of the hottest real-estate markets right now is in the metaverse, where property sales in digital worlds like Sandbox and Decentraland are setting records https://t.co/QKfw4HiCSF— The Wall Street Journal (@WSJ) December 4, 2021 Literal:Figurative looks fantastic!  Literal though not looking too good… way to go Art Degree morons! ?

Wow the vast “neoliberal conspiracy!” continues unabated… These geniuses lost $40B on their regulatory holdings of government securities in the last year by financing monetarist moron inflationista speculators…  how much f-ing munnie can they possibly be making by financing inflationista trades?I can’t imagine it would even be a significant fraction of this…They just did a $40B capital raise March 31 when the SLR got turned back on… so it’s like all of that just got wiped out… good job! ?And...

If this thing is accurate then Russia better be bringing their A-Game…?? is literally fighting for their fucking life and they can put out adverts 10x better than ours… pic.twitter.com/gaiEK19zV4— John Matrix (@TroopsinContact) December 3, 2021

Taper is stimulus and rate hikes amount to nothing.