Mike Norman Economics

Turkish central bank is cutting rates so according to MMT, why isn’t the Lira rebounding?

Fiscal flows are too strong. Any dips we get will be shallow and brief.

Got that? Sit down, shut up, and follow the playbook.Common DreamsFound in Translation: New York Times Says Democrats Shouldn't Challenge OligarchyNorman Solomon, Jeff Cohenhttps://www.commondreams.org/views/2021/11/10/found-translation-new-york-times-says-democrats-shouldnt-challenge-oligarchy

Alfred McCoy speculates about the likely economics and political consequences of climate change given what is known presently. Of course, a lot of the assumptions regarding the scenario are likely to change, making forecasting rather hypothetical. But it is an interesting read.Tom DispatchAlfred McCoy, Are Imperial World Orders Heading for Extinction?Alfred McCoy | Harrington professor of history at the University of Wisconsin-Madisonhttps://tomdispatch.com/to-govern-the-globe/

Interview with Daniel Lazare.Raises questions post-Assange.Narrative control — seed the media with propaganda and ban opposition?Strategic Culture FoundationU.S. Blacklists Strategic Culture Foundation in Attack on Independent Journalism and Political DissentFinian Cunninghamhttps://www.strategic-culture.org/news/2021/11/18/us-blacklists-strategic-culture-foundation-in-attack-on-independent-journalism-and-political-dissent/

I am currently working on adding functionality to my Python agent-based model framework, so no other article from me this we… I set up a Patreon to support my Python projects, and the agent-based model is the current focus. I wrote a few small pieces this week discussing recent work: here and here.To quickly summarise.…. Bond EconomicsDoing Agent-Based Modelling...Brian Romanchukhttp://www.bondeconomics.com/2021/11/doing-agent-based-modelling.html

Today, we have a guest blogger in the guise of Professor Scott Baum from Griffith University who has been one of my regular research colleagues over a long period of time. Today, he follows on from my previous post – The financial markets should be kept away from the climate crisis solution (November 10, 2021) – and discusses the failure of the Australian federal government to produce a workable net-zero emissions plan.…A direct solution would be to require true pricing based on inclusion of...

Backgrounder. More on the intersection of economics and politics.Strategic Culture FoundationFrozen Deutschland — Strategic Culture (strategic-culture.org)Pepe Escobarhttps://www.strategic-culture.org/news/2021/11/17/frozen-deutschland/See alsoReminiscence of the FuturePeter Hitchens And Pepe Escobar Weigh In.Andrei Martyanov, expert on Russian military and naval issueshttp://smoothiex12.blogspot.com/2021/11/peter-hitchens-and-pepe-escobar-weigh-in.htmlRelatedIndia PunchlineUS, China...

 Perhaps, beneath everything, there is inescapable pain.My gastritis has got worse over the last year and this is why I have done less politics, but I hoped you enjoyed the various different topics. My GP has increased my medication, so I'm okay for now, but I'm a bit disappointed as I was hoping to recover. Existence is suffering" is the common translation of the First Noble Truth of Buddhism. As an avid reader of Zen Buddhism, I’ve often argued that this Noble Truth isn’t true at all, or...

Backgrounder. The intersection of economics and politics in China.The Vineyard of the SakerXi’s new Communist ManifestoPepe Escobarhttp://thesaker.is/xis-new-communist-manifesto/