Mike Norman Economics

 Peter Schiff actually made some sense here, although I'm sure he regrets not buying some bitcoin in 2010 when he had the chance, but he is right when he says that Bitcoin is based on nothing. The guy who is interviewing Peter Schiff says he prefer to put his money in stocks and shares, because then he's helping a company to grow, but Peter Schiff says buying gold is a safe place to put your money, and is much better than putting it under the mattress. In this clip, Peter Schiff opened up...

Delta surge among the unvaccinated harming US recovery. "But economists say that the latest figures show that for as long as the virus is raging (more than 153,000 cases were reported on Thursday, according to Johns Hopkins University) the economy will never be back to full health."In a few weeks we'll get the geographic detail on the slowdown in jobs growth, and it'll be interesting to see how much more dramatic it is in the Delta-afflicted South."Sky News - COVID-19: Delta surge puts US...

 A new modeling study from Australia confirms we'll need total vaccination coverage to exceed 85% of we're hoping to halt delta variant virus transmission. Conclusion: Vaccinating the vulnerable first is the optimal policy at low coverage, but vaccinating high transmitters becomes more important in settings where reproduction numbers are lower and coverage is higher. Vaccinating over 85% of the population including children would likely be needed to achieve herd immunity at the most...

 Joe Rogan’s public misrepresentation of a 2015 vaccine study has gone viral. His misunderstanding of the study leads Rogan to wrongly conclude that vaccinating people against COVID-19 will increase the chances of some hyper-virulent mutation. You can watch the video below. But before you do, the lead scientist and author of the study who spent 10 years conducting this research has something to say. Because he’s horrified. “Joe Rogan is getting this completely wrong,” says Andrew Read,...

Richard Murphy piles on in criticizing the Richmond Fed's recent article on MMT. It was not only wrong, it was unprofessional.Tax Research UKIf the critics of modern monetary theory want to be taken seriously they have to get their facts rightRichard Murphy | Professor of Practice in International Political Economy at City University, London; Director of Tax Research UK; non-executive director of Cambridge Econometrics, and a member of the Progressive Economy Forum

Scientists are excited about an experimental nuclear reactor using thorium as fuel, which is about to begin tests in China. Although this radioactive element has been trialled in reactors before, experts say that China is the first to have a shot at commercializing the technology."Innovation."NatureChina prepares to test thorium-fuelled nuclear reactorSmriti Mallapaty

MMT.Saultonline (Canada)Peter Chow: Money, The National Deficit, The National Debt and Taxes

What Modern Monetary Theory (MMT) does is more or less what Knut Wicksell tried to do more than a hundred years ago, when he in 1898 wrote on ‘pure credit systems’ in Interest and Prices (Geldzins und Güterpreise). The difference is that today the ‘pure credit economy’ is a reality and not just a theoretical curiosity — MMT describes a fiat currency system that almost every country in the world is operating under.Lars P. Syll’s BlogMMT and the deficit mythLars P. Syll | Professor, Malmo...

[embedded content]Micky Flanagan on going 'Out Out'

I'm sure everyone who was old enough remembers that terrible day no matter where you were. I was down there that day and can still remember it like it was yesterday.