Mike Norman Economics

Mentions functional finance and cites Randy Wray. Good read.Stumbling and Mumbling"Heterodox" economics as rediscoveryChris Dillow | Investors Chronicle

I wonder if somebody that understands something about algebraic geometry could summarize my approach more shortly, but even more abstractly. I hope and wish that I can read sometime somebody extending this research. Some sort of structures definitely seem to exist in these parameter spaces.Thoughts On EconomicsOn My Research ProgramRobert Vienneau

The electric car revolutionary has built a reputation as a clean energy champion. But SpaceX has never fitted in with Musk's green image. Now the tech billionaire is driving the energy-hungry crypto market. FT writers and experts weigh his climate record, both good and bad, and ask whether his green status stacks upFTElon Musk: CO2 saint or sinner? | FT Film

Russia and China unveiled a roadmap for a joint International Lunar Research Station to guide collaboration and development of the project. Chinese and Russian space officials revealed the plans at the Global Space Exploration (GLEX) conference in St. Petersburg, Russia, stating that the ILRS has received the interest of a number of countries and organizations. The ILRS is planned to be developed concurrently but separate to the United States’ Artemis lunar exploration program.... BRICS...

 Seagulls prefer Papa John's pizzas to cod nowadays. Much of the birds' success in cities is due to their long lives, which allows the birds to build up an extensive memory of where and how to find food. Unlike garden songbirds (which generally live 3-5 years), gulls can live decades and accumulate valuable experience. The oldest bird studied by Rock was a lesser black-backed gull fitted with a leg ring on a rooftop close to Bristol Bridge in 1989, which lived for 28 years. The gull decided...

For the first time in perhaps 5 years, the current deficit is below the prior year. 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/

"Competition."The attempts to keep China and increasingly also Russia away from international space projects have only led to them starting competing projects. These are likely to gain more countries to cooperate with them.The exclusionary policy of the U.S. has not been successful. In the end it resulted in a loss of influence over future projects for which China and Russia are inviting everyone but the U.S....Moon of AlabamaU.S. Excluded China From International Space Projects - It Build...

Baker Hughes reported on Friday that the number of oil and gas rigs in the United States rose this week, bringing the total rig count to 470 as U.S. drillers boast more than 100 additional rigs this year. In the week prior, the U.S. oil and gas rig count increased by 5. The total number of active oil and gas drilling rigs in the U.S. is now 204 more than this time last year. The oil rig count rose by 8 this week to 373....OilpriceU.S. Rig Count Jumps As Oil Prices Hold Above $70Juilianne...

Nick Johnson looks at The Affluent Society,  which was prescient in foreseeing the rise of consumerism by manufacturing demand using marketing and advertising as the newest form of "bread and circuses" serving to channel public attention. This eventually lead to absorption in celebrity, where a significant portion of celebrity wealth was generated through advertising.The Political Economy of DevelopmentJ.K. Galbraith and the cult of economic growthNick Johnson

 This is important for many reasons, chiefly because Alexander Dugin is one of the premier public intellectuals globally and therefore an influencer. One may not agree with Alexander Dugin's values, but his contributions as a sociologist and political theorist are considerable. In a sense, he plays a similar role as Carl Schmitt did in his day as a political theorist. Dugin has been called "Putin's brain," which is total nonsense. However, I would expect that senior Russian officials would...