Mike Norman Economics

 This is fascinating! The oligarchs have too much control in the US : They have privatised free speech, banned Trump, cancelled people, and stopped many of us from saying what we want by banning us from their social media (Alex Jones). The CPC saw what was happening and so put a stop to it in China.The investor here says China's population will fall from 1.5B to about 3/4 of a Billion, and the CPC has decided that the best way to cope with this is to nationalise all of the Chinese...

One of the emerging discussions is what will the post-coronavirus world look like both within nations and across nations. There is a growing thread about the worries of increased state authoritarianism as governments have imposed an array of restrictions. There is also an increasing debate about the need for nations to return to enhanced national self-sufficiency to avoid the disruptions in the global supply chain that the pandemic has created. In 1933, John Maynard Keynes gave a very...

With e-cash, any degree of privacy is an option, with any percentage of the system being allowed to operate with cash-like privacy an option, run by any degree of public/private mix. Maintaining physical notes and coins is an option. Public access to reserves combined with peer-to-peer giro payments, regardless of the privacy aspect, makes the payments function of banks redundant. Direct access to reserve accounts makes the savings function of banks and 100% safe treasury securities...

 A really good video! Jeffrey Sachs is so passionate.Jeff Sachs - (Roughly from memory) The US is trying to corner and insult ChinaXingjian, Taiwan, Hong Kong are China's biggest insecurities, but the US keeps interferingTaiwan is a flashpoint for nuclear warGenocide in Xingjian is not true The US is only interfering because China's economy is a successFor 60 years the Democrats have been scared of the Republicans and this has often caused them to move far to the right, and as far as they...

Whatever this week’s Biden review finds, the cause of the pandemic lies in the destruction of animal habitatsThis point is backed by Professor James Wood, of Cambridge University. “I think there is very strong evidence for this being caused by natural spillovers but that argument simply does not suit some political groups. They promote the idea that Covid-19 was caused by a lab leak because such a claim deflects attention from increasing evidence that indicates biodiversity loss,...

 Consciousness is what we can know best and explain least. It is the inner subjective experience of what it feels like to see red or smell garlic or hear Beethoven. Consciousness has intrigued and baffled philosophers. To begin, we must define and describe consciousness. What to include in a complete definition and description of consciousness?[embedded content]

 With only 9 years left to halve global emissions, this episode explores why we should reframe climate change as a climate crisis. We take a look back at all the COPs of the past, the crucial turning points of the Paris climate agreement, and the 2018 IPCC report in order to understand why COP 26 this year in Glasgow is so important in our attempts to limit temperature rise.[embedded content]Why we have less than 9 years left to save the planet!

Saturday Night Comedy Club  While Christmas shopping in department store, Ted and Dougal accidentally wander into what turns out to be the largest lingerie section in Ireland, prompting Ted to worry that there will be a scandal if they are discovered. As they try to find the exit, they run into six other priests, and Ted ultimately leads their escape in an unusually heroic fashion.[embedded content]Father Ted - The Wrong Department

 KV Tweet Printed money can be an investment, as it creates demand, which produces more jobs, which means more taxes are collected, and then the govt gets its money back. Win, win! The British government has never paid off the £1,200,000 loan that created the Bank of England in 1694. In exchange it gave the merchants who provided the money the exclusive right to print banknotes against this debt, giving birth to the central bank and much of the architecture behind the world’s financial...

 Or, why Keynesianism and functional finance demand politics.Until the neoliberals became so dominant in politics, the conservatives, being pro the establishment, authoritarian, and with a tendency towards xenophobia, would usually support all of the ruling class’s wars, but now as many the establishment are very wealthy liberals, the conservatives, who call them the elites, the globalists, and communists, are now less supportive of their wars. The conservatives also accuse the 'elites' of...