Mike Norman Economics

 Some numbers. No it's not mostly about elephants and pandas.The Vineyard of the SakerSitrep: Here Comes China: Giant Pandas, Elephants and DecouplingGodfree Roberts

False claims about vaccines has proliferated on the social network, and on other sites including Twitter and YouTube, says presidentI've been a bit of a warrior on twitter in the past fighting the climate change deniers, the anti-vaxxers, and the covid conspiracists, and ended up getting blocked by a number of people. I've learnt, though, how to be far more diplomatic and how far I can push it. And I also got fed up with prolonged debates, so nowadays I just put a tweet out, say my bit, and...

Competition. Previously, the prevailing notion was that American monopolies were necessary to confront foreign monopolies as a matter of scale. That thinking may be shifting to competition among domestic firms as the driver of domestic innovation. This is assumed to be the liberal answer to authoritarianism.BIG at SubstackBiden’s National Security Advisor Jake Sullivan: Monopolies Are a National Security ProblemMatt Stoller h/t Naked Capitalism

Excellent article on MMT and political economy.Independent AustraliaIf you want to promote democracy, think modern moneyDarren Quinn

 BBC propaganda exposed![embedded content]

 Jan Scheffel, Professor from KTH Royal Institute of Technology, Sweden, argues that the insolvability of the mind-body problem enables free willIn summary, we have found that reductionistic scientific understanding of subjective conscious processes is not possible; emergence lies in the way. Ontological emergence, in turn, leads to ontological openness which enables downward causation and free willOpen Access Government The unsolvability of the mind-body problem enables free will

 Who are the bad guys?Are we the Baddies?' Mitchell and Webb Funny Nazi Scetch Full scene high quality world war two humour hilarious hitler ss allies WWII comedy[embedded content]Are we the Baddies?' Mitchell and Webb Funny Nazi ScetchEconomic Hitmen[embedded content]

A new book says the story of a teenager who posed as a pilot, a doctor, and a lawyer that inspired the beloved Steven Spielberg film might have all been one brilliant lie.What a con artist - we've been had over! EsquireWas the Story of Catch Me If You Can Frank Abagnale Jr.'s Greatest Con?

 Conner Brown takes the opposite view from us about fiat, which he believes causes inflation, but I found what he said about deflation quite interesting. I always knew that when a new product is brought to the market it is often quite expensive because its the amount of investment involved. Factories will need to be tooled up to manufacture the new parts, and new factories might even have to be built too. But as the years go by the company will pay off its debts for the all the tooling up...

Watch bank loan growth SLOW DOWN now. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/