Mike Norman Economics

Cory Doctorow joins Money on the Left to discuss what Modern Monetary Theory (MMT) means for building digital commons. Award-winning science fiction writer, prolific blogger, and long-time digital activist, Doctorow explains how MMT has shaped his ongoing work in the realms of digital rights management and anti-monopoly politics. He walks us through his important critical genealogy of Intellectual Property law as well as his contribution to the urgent anti-monopoly accord called the “Access...

 The B1M Group make unbiased, non political videos about China and other countries. They seem to focus a lot on big engineering projects. See how the project team delivered Chengdu's new sporting super-complex  [embedded content]

 Nothing has changed…. Cue the Prospector: This mammoth infrastructure bill is not paid for.It’s money we’re borrowing from China and debt that we are gifting to the next generation.— Senator Ted Cruz (@SenTedCruz) August 7, 2021

Zombies sold gold, silver and Treasuries and bought the dollar.

 By Charlotte Bamberger, Andreas Rossmeier, and Klaus G. ParhoferFortunately, shelled walnuts seem to be very fresh nowadays. I find that the supermarket own brands are fine. Regular walnut consumption is associated with better health. We have previously shown that eight weeks of walnut consumption (43 g/day) significantly improves lipids in healthy subjects. In the same study, gut microbiome was evaluated.A Walnut-Enriched Diet Affects Gut Microbiome in Healthy Caucasian Subjects: A...

"The Americans are the most propagandized people on Earth" - Daniel McAdams of the Ron Paul Institute.  Could lobbyists in Washington be working deliberately to provoke a new arms race for the sake of profits? Daniel McAdams of the Ron Paul Institute joins Rick Sanchez to discuss the flood of missiles, aircraft and warships with which Washington is eagerly arming its Pacific allies.[embedded content]

GOP still digging in…?MCCONNELL: "Let me make something perfectly clear. if [Democrats] dont need or want our input they wont get our help … with the debt limit increase that these reckless plans will require."— Jake Sherman (@JakeSherman) August 5, 2021

20 years ago my speakers stopped working when the rubber surround perished as they were over 20 years old. Fortunately, in modern speakers the rubber surround does not perish nowadays as the materials they used is much improved. Anyway, I went to audition a new set of speakers and I ending up buying some Tannoy R3's, but soon after that my 20-year old amplifier packed up too as the new speakers offered a different load (current draw), so I had to audition for a new amplifier too, and I...

 China’s Digital CurrencyIt won't replace cash.It does not use blockchain. Even people who do not have a bank account will be able to use it.Foreigners travelling in China will find it very easy to use. China's #currency is going digital, with a July report showing that more than 20 million personal wallets and over 3.5 million corporate wallets were opened as of June. The transaction value has already reached 34.5 billion yuan ($5.34 billion). What do those numbers tell us? What can digital...

The Boston Fed and MIT are building a CBDC from scratch that aims to usurp existing tokens Second, after the Fed releases a white paper “that will document the ability to meet reasonable goals with core processing”, it will “create an open source licence for the code”, as Eric Rosengren, Boston Fed president, recently pledged. This is an unusually open approach for the Fed, to put it mildly. US officials appear to hope that if their code is copied, it will improve it and — most crucially —...