Mike Norman Economics

ODTE options may have changed the put/call ratio from a contrary indicator into a contrary, contrary indicator. 

MMT-related.Monetary Policy InstituteEU: Austerity for the people and Keynesianism for the warRiccardo Zolea, Sapienza University of Rome

Not MMT per se, but a post on recent doings in the real world by an MMT economist of rising prominence in the Global South. This post is broadly about a strategy for decolonization and leveling the playing field.Global South Perspectives—Reflections & Analysis by Fadhel KaboubGlobal South RepositioningFadhel Kaboub, Associate Professor of economics at Denison University (on leave) and President of the Global Institute for Sustainable Prosperity. He currently serves as the...

Hot inflation number? No problem now for monetarists.

The UK House of Lords Economic Affairs Committee is running an inquiry entitled “How sustainable is our National Debt?”The GIMMS written evidence to the inquiry has now been published....New WaylandHow Sustainable is our National Debt?NeilW

Some words and thoughts that had to be said.

The title of the post should be "The Trouble with Economics." Words. The point is well-taken.The Radford Free PressThe Trouble with WordsPeter Radford

While this post is not MMT, it is consistent with MMT and implies that MMT is needed to address the issues that stem from wrong assumptions about the relationship of economics, finance, money and banking, as well as the mistaken view that money is neutral, being only a veil over what is at bottom a barter economy under the veneer of a monetary economy.While MMT doesn't deal directly with the relationship of economics and power, being an institutional approach is incorporates the role of...

A tsunami of spending has pushed up, stocks, bitcoin, gold, and silver. 

The bloodiest period of Soviet totalitarianism ended in the fifties, but the habits remained long after, including the advanced system of alternative media that ultimately broke the state: samizdat.Tonight, along with Stanford’s Dr. Jay Bhattacharya and New York Post reporter Miranda Devine, I’ll be accepting the inaugural Samizdat Prize, given by the RealClear Media Fund. Samizdat is a bit of a play on words, since like a lot of politically oppressive groups the Soviets had a mania for...