Mike Norman Economics

 Some people who recommend plant based diets say to avoid all extracted oils, and the science they present looks good, but the science for the benefits of adding some olive oil to your diet looks good too. I have trouble finding food satisfying, or filling, without some olive oil in it.New research - AbstractExtra-virgin olive oil (EVOO), a popular functional food and major source of fat in the Mediterranean diet, pos sesses a variety of healthful components, including monounsaturated fatty...

Thomas Kudrycki, Chief Technology Officer, eCurrencyI was a bit concerned about central banks using blockchain technology for their digital currencies, considering the amount of power it uses, but it isn't necessary for Central Bank Digital Currency (CBDC). Phew!  Some central banks also see Bitcoin as the central banks’ competitor andbecause of the digital currency’s association with Bitcoin, many central banks have assumed that Central Bank Digital Currency (CBDC) must be based on a...

All the "very smart" people of Wall Street shorted Treasuries because they lacked understanding of what was going on.

 It's too big. It's cannibalizing the economy. It's time for a radical plan.2014 article, but it's really good. Franklin Froer says how Microsoft destroyed companies with superior products, so we are the losers. In confronting what to do about Amazon, first we have to realize our own complicity. We’ve all been seduced by the deep discounts, the monthly automatic diaper delivery, the free Prime movies, the gift wrapping, the free two-day shipping, the ability to buy shoes or books or pinto...

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]