Mike Norman Economics

Honesty is the best policy, and I wish everyone the best.

China is demonstrating that it is taking this seriously.MERICSChina’s quick way of going green: cutting production to cut emissionsAlexander Brownhttps://merics.org/en/short-analysis/chinas-quick-way-going-green-cutting-production-cut-emissionsSee alsoAlso at the news conference, the U.S. President said he was confident the country could meet his administration's goal of emission cuts, which is 50 percent from 2005 by 2030. Yet, the president acknowledged that the renewable shift cannot...

 The post is actually about the corporate Democrats doing what they can be counted on to do. File under "corruption watch."It’s all a smokescreen, it’s all BS. The Democratic Party, like the Republican, answers to the owners and donors. It is doing exactly what it’s been told to do, abandoning all its progressive promises (it never had any principles) in the false name of compromise and bipartisanship.And this is exactly why Donald Trump will be reelected in 2024.Not that the corporate-owned...

https://www.project-syndicate.org/commentary/net-zero-climate-pledges-are-greenwashing-by-maureen-santos-and-linda-schneider-2021-11Recent carbon-neutrality pledges may seem ambitious, but merely serve to promote a new set of false climate solutions under a different guise. Such pledges may persuade many people, but the climate isn’t buying it.Project syndicateNet Zero Is Not ZeroMaureen Santos, Coordinator of the National Advisory Group of the Federation of Organizations for Social and...

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 has taken a breather from teaching and exam marking to write about the long-run uneven labour market impacts of the COVID-19 pandemic. The COVID-19 pandemic has been the global emergency that just keeps giving. And not in a good way! Daily figures from around the world show that the pandemic’s health impacts...

Today, in the Real Estate Newsletter: The Rapid Increase in Rents Continues New Leases up Sharply year-over-year in September... Calculated RiskThe Rapid Increase in Rents ContinuesBill McBridehttps://calculatedrisk.substack.com/p/the-rapid-increase-in-rents-continues

October ended with just under $520 bln net flow.

Raising the level of collective consciousness societally underlies what it will take to coordinate systemic change in the face of climate change, which requires a reconfiguration of the world system. Without the underlying level of collective consciousness that is minimally required, there is no chance of change happening in time to avert climate disaster. That is difficult enough, but that is only to initiate system redesign. Whether humans are intelligent enough to redesign a system that...

A close read of the reports shows exactly why we should never turn to “national security” institutions to address a crisis that is fundamentally global, requiring solidaristic action that transcends nationalism. Taken together, the analyses paint a grim picture of a future where, in the face of mass displacement, water shortages, hunger and death, the U.S. response amounts to hunkering down and protecting its military mission, its dominance and its alliances against geopolitical...

William Saas interviews MMT economist Mat Forstater,  professor of economics at the University of Missouri-Kansas City and research director, The Global Institute for Sustainable ProsperityMoney On The LeftRadical Heterodoxies & Parallel Institutions w/ Mat ForstaterWilliam Saashttps://moneyontheleft.org/2021/11/01/radical-heterodoxies-parallel-institutions-w-mat-forstater/