Mike Norman Economics

It’s Wednesday and I have been tied up most of the day with commitments. So we will have to be content today with a couple of snippets. The first about the on-going inflation mania and the way in which the ECB seems oblivious to it. The second about the gross incompetence of the Australia government, who has put the health of the nation at risk and forced state governments to invoke rolling lockdowns as only a small number of us are vaccinated and cases keep seeping out of a flawed...

The Chinese get a lot of flak about over fishing and for fishing in other country's waters, which is true, but the Europeans eat far more fish per capita and over fish in other countries waters as well. It all needs to be cut back for the survival of the oceans. Cargo ships from around the world are moving untracked in African waters, where the rise of a new fishing activity affects everything from local biodiversity to piracyHow Europe’s dark fishing fleets threaten West Africa

Lots of misunderstanding on this. I go through the operational realities of Fed actions and government finance in this video. 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/

 E-mail remains an essential backbone of internet communication, with over 4 billion users worldwide. But is it private? Actually it's inherently insecure. Furthermore, the vast majority of users rely on free online email services. Did you know that they use AI algorithms to scan your emails in order to learn more about you? Or that emails are stored in the clear, meaning in the event of a hack, all your emails would be leaked? Do you know what Metadata is and how much is collected by your...

Review of The Red Deal: Indigenous Action to Save our Earth. The Red Nation (2021), Common Notions.More traditionalism versus liberalism. As climate change accelerates, this view will be increasingly heard, especially as the Global South/East emerges. An old Native American proverb sums it up, "Don't shit in the teepee."If the title is too extreme for you, another similar title might be, "Capitalism needs to change to protect the planet." Socializing negative externality is threatening all...

Summary of World Bank forecast.ECNSWorld Bank: 8.5% GDP growth projected for China in 2021China Daily

Today is just a number-crunching exercise, which I conducted to allow me to understand where the employment losses and gains in the Australian labour market since the onset of the pandemic. The latest Australian Bureau of Statistics Labour Force data, which I analysed in this blog post – Australian labour market – stronger as working age population flattens out (June 17, 2021) – revealed that total employment in Australia is now above the February 2020 level by 130.2 thousand (1.0 per cent)....

If the rationale for buying bitcoin is the Fed's monetary operations, it's a flawed rationale. 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/

The Vineyard of the SakerA Sea Painted NATO BlackPepe EscobarThe Vineyard of the SakerWill the Russians sink a British ship the next time around?The SakerTASSRussian Security Council Secretary [Nikolai Patrushev] notes return of 'might makes right' ruleCommon DreamsIraq Says Bombings Ordered by Biden a 'Blatant and Unacceptable Violation' of SovereigntyJessica CorbettSputnik InternationalRockets Hit US Military Base in Eastern Syria Day After US Airstrike on Militia - ReportsJacobinFrance’s...

I am interested in other’s opinions on this issue.To what degree do economic policy and financial institutional arrangements contribute to complicating these issues?Tax Research UKWhat are the five evils in modern society?Richard 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