Mike Norman Economics

Statistics professor David Freedman quote."It's the assumptions, stupid." And may some "torturing the data."Lars P. Syll’s BlogModelling DangersLars P. Syll | Professor, Malmo Universityhttps://larspsyll.wordpress.com/2021/10/29/modelling-dangers/

 High fat, high protein foods are filling and satisfying, and can lead to weight loss. I certainly found that adding olive oil to my food made me feel more comfortable and satisfied. I can remember having scrambled egg on toast as a boy, and loaded with butter, it was scummy, which left me feeling full for hours on end. From what I've read recently, high carb diets are excellent for fit and active people, but if you are inactive, or in poor health, a high carb diet can push your insulin...

 Tim Spectre says all our research about food is driven by the corporations, which have an agenda to switch us onto food that is cheaper to produce and is more profitable for them. This fits in with the other video below. Now you can see the anti-science brigade running away with this one, but you have to look at each situation independently. [embedded content]EVERYTHING You’ve Been Told About Food IS WRONG! | Tim Spector

Both ideas are about making a few people rich, not about building a decentralised paradise where everyone prospersUsing cryptocurrency means being exposed to the volatility inherent in these speculative tokens. It also means having to pay an exchange fee — the standard rate charged for exchanging fiat currency to crypto, or vice versa, is around 2.5 per cent. There is no reason to use crypto in the metaverse — the vast majority of money nowadays only exists digitally anyway....

Russia didn’t cause Europe’s current energy crisis, which has seen natural gas prices spike 5x over last year, but Vladimir Putin seems intent on using it to his advantage....You see, "Putin" (Russia) is supposed to come to the aid of Europe as a good friend is expected to, when Europe shot itself in the foot and then demands help from a country it considers an enemy against which a German official recommended first use of nuclear weapons, and has instituted sanctions against in order to...

Priorities.AlternetMilitary vs climate spending: A moral catastrophe in 3 picturesRichard Eskowhttps://www.alternet.org/2021/10/military-v-climate-spending/

Steve Keen did it again. This Manifesto is a lucid deconstruction of fallacies in neoclassical economics, a reflection on its puzzling persistence, a passionate plea for another kind of economics, and a demonstrationof the hands-on creation of that alternative in two areas, monetary economics and environmental economics. All this comes in a slim volume of less than 160 pages, with copious notes and extensive references added. The book is at once accessible, engaging and scholarly. The...

Q3 GDP came in below forecasts, but above some of the more dire forecasts. Economy likely stabilizing at this pre-pandemic, non-inflationary growth level. This is not bad for stocks and other financial assets. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics:...

Supply chains, which account for 80 percent of the world’s total carbon emissions, would require as much as $100 trillion of investment if they are to become net-zero emission by 2050, new research by HSBC and Boston Consulting Group (BCG) showed....OilpriceSupply Chains Need $100 Trillion To Become Net-Zero By 2050Tsvetana Paraskovahttps://oilprice.com/Latest-Energy-News/World-News/Supply-Chains-Need-100-Trillion-To-Become-Net-Zero-By-2050.html

There are only about 20,000 graduates in cybersecurity each year, while the talent gap ranges from 500,000 to one million. “It's still a conservative estimate,” said Wang, “and the talent shortage is everywhere in the industry.”To address the problem, the Chinese government has urged colleges and universities to set up majors to cultivate talents in data protection and information security, Wang said.…Growing field. Probably not just in China. ECNSChina's data security industry suffers...