Mike Norman Economics

The European policy of carbon neutrality will inevitably lead to a decline in direct supplies of Russian natural gas and affect derived revenues by 2050, the department head of Gazprom Export, the export arm of Russia’s top gas producer Gazprom, Sergey Komlev said in an interview with Gazprom’s in-house magazine, adding that Russia can maintain its export positions on the European market using ‘blue hydrogen’ deliveries....TASSRussia to substitute decline in gas exports to Europe by ‘blue’...

Written from a US-centric POV, with the author being from the Petersen Institute to boot, but it assesses the situation more evenly than most commentary in the media.Chorzempa also dismisses the so-called repression of the tutoring industry out of hand, with no recognition of the issues involved.NikkeiChina’s campaign to regulate Big Tech is more than just retaliationMartin Chorzempa, senior fellow with the Peterson Institute for International Economics in Washington

Amazon is a monopoly in dozens of different markets because Jeff Bezos wants it to. In this criticism of Amazon, we analyze of Jeff Bezos business model threatens the very existence of free market.Amazon is the second biggest corporation in the world and one of the only two companies to pass the $1 trillion mark. But during more than two decades of existence, Amazon has struggled to make any profit.It has everything to do with the business model of Jeff Bezos, the CEO of Amazon. In his own...

And Syd Barrett  Syd Barrett was originally the main song writer in Pink Floyd, but sadly he became very ill after taking too many drugs and had to leave the band. Syd Barrett's close friend, David Gilmour, then took over on guitar and some of the singing, but he was he wasn't really a songwriter, like the rest of Pink Floyd at the time. They were excellent composers, though, and made some great music, which tended to be experimental.After a while Roger Waters started to became a good...

Australia is now locked into a new phase of the pandemic where NSW is in danger of allowing the virus to run free throughout the population due to the incompetence of the conservative state government. For the duration of the pandemic up until now, the NSW government has been lecturing the other states (mostly run by Labor governments) about how they had a superior health system (health is organised along state/territory lines in Australia) and how they valued freedom more than the...

Nothing has really changed since since Mike posted this pre Trump… you hear the same shit everyday from these people… maybe Trump was just a 4 year delay…[embedded content]

Ok so if Germany “defaults!” on these does that mean YOU don’t have to pay the interest YOU owe THEM for the next 30 years?  :pDon’t they have any “bund sturmtruppen!” over there to deal with all zie “geld drucken!”?

 I wonder what caused such trauma, although it may have been unrelated? The deaths mark four known suicides by officers who responded to the Capitol during the attack, and three known suicides by a DC officer specifically.Metropolitan Police Officer Jeffrey Smith, a 12-year veteran of the force, and US Capitol Police Officer Howard Liebengood, a 16-year Capitol Police veteran, also responded to the insurrection and later died by suicide. A recent Senate report into the security failures of...

I'm running behind. (It's August.) Neale posted this several days ago.New WaylandMMT Economists on TaxationNeilW

A decade ago, few economists were bullish about the growth of China’s external financial strength. But the government’s commitment to capital-market opening and renminbi internationalization – together with China’s sheer size – have fueled a rapid financial rise that will only continue....Project SyndicateChina’s Unavoidable Financial RiseZhang Jun, Dean of the School of Economics at Fudan University, is Director of the China Center for Economic Studies, a Shanghai-based think tank....