Mike Norman Economics

After David Ditchfield was dragged under a moving train, the way he looked at death changed. Before his accident he didn’t consider the afterlife, but now Ditchfield says he knows there is nothing to fear after we die. He tells Leah what he saw the day he almost died.[embedded content]The Guardian - How a near-death experience changed my life

 We're in trouble!How climate change deniers have been misrepresenting the facts. In this video I wanted to address a common talking point - why have climate change predictions been so wrong? Year after year predictions are made that have no basis in reality, so why - especially in the aftermath of the latest IPCC report - should we trust climate scientists? In particular James Hansen and his prediction in 1988 didn't turn out so well, did it?Well, as it turns out, there's a very good...

 I put this out before, but I thought a revisit was worth it.[embedded content]A reaction to the above clip[embedded content]

 ‘If you are going to train a virus to escape vaccine-induced immunity, you would do exactly what they’re doing’The UK's dangerous and cavalier experiment. University of Auckland microbiologist Siouxsie Wiles told Newsroom: “The question is, how much worse is Delta going to get?“They are running a really quite awful experiment.”Jemma Geoghegan, an evolutionary virologist at the University of Otago, expressed concern that just over half of the UK adult population has been vaccinated and that...

 Democracy in Europe brought about its welfare state, but the ruling class conceded so easily as it was fearful of communism and the Soviet Union. They also felt that the working class were not fit enough to fight wars because of their malnutrition and ill health, so they conceded to the NHS as well. These two reforms did make the working class much fitter and healthier, and they really improved our quality of life, but some of the Chinese elite do not feel such reforms are needed in their...

[embedded content]Video games and the Military-Industrial Complex [embedded content]

Longish but important. Michael Every has done his homework and applied it well to analysis. Xi Jinping, an engineer•, has thought this through systematically, and under his leadership China is embarking on a new developmental phase that has profound implications for not only China but the rest of the world.Zero HedgeChina's Marxist "Profound Revolution" Is Here, And Nobody In The West Is ReadyMichael Every, global strategist at Rabobank• From 1975 to 1979, Xi studied chemical engineering at...

There is a rational middle between Zero deficits on one side and Modern Monetary Theorists on the other. We can fix our infrastructure, extend broadband to everyone throughout the country, even work to moderate climate change — and the economy will be just fine.At the very least, can we at least raise the bar for the always-wrongs? Those who have been consistently wrong about the dangers of deficits for so long should no longer get the benefit of the doubt. When your core philosophy or a key...

Like the headline inflation index, the headline unemployment index is a simplification that needs to be deconstructed. Bill McBride finds the headline unemployment understating the case at present. The economy has room to grow.Calculated RiskThe Employment Situation is Worse than the Unemployment Rate IndicatesBill McBride

Analysis and synthesis.EconospeakAnalytical BiasPeter Dorman | Professor of Political Economy, The Evergreen State College