Mike Norman Economics

This study aims to show conceptual and methodological flaws of past studies supporting the hereditarian hypothesis.Kevin Bird - No support for the hereditarian hypothesis of the Black–White achievement gap using polygenic scores and tests for divergent selection

Kyle Bass blew out half his investors' money in the last 8 years. He lacked understanding of how the financial system worked. 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/

This then is the introduction to a series of posts on MMT which aim to explore and critique (rather than criticise) some of its aspects. The series does not aim to be comprehensive. Instead, I will write about aspects which I find interesting, whether I think they are correct or otherwise. It will be set out as a series of questions and answers, which can be an appealing format, and one which focuses the mind on whatever topic is being suggested.The Political Economy of...

I've spoken about this idiot many times in the past. (And commented on his idiotic calls.)This is what happens when you fundamentally don't understand how the  monetary system works.The guy's fund is down 46% since 2013. Not surprising.What surprises me is who gives this guy money to manage? BTW...the S&P is up 270% in the same period of time. And the average hedge fund way underperformed the market, not as bad as Bass, but well below the market's return.They all suck.Schiff probably the...

Today, I am publishing a special guest post from three authors working in the Modern Monetary Theory (MMT) tradition about inflation in Brazil. They are examining recent claims by Paul Krugman that the Brazilian experience ratifies basic Monetarist theory that links excessive monetary expansion with inflation (and hyperinflation). It turns out that the reality is quite different which is no surprise when it comes to confronting Krugman’s assertions with facts.Daniel Negreiros Conceição is a...

Fed can't help the unemployed, but this idiot, Paul Tudor Jones, thinks so. But what he's really whining about is the Fed not helping his trade. 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/

Neoliberal political economy as the antithesis of MMT. Money on the LeftNdongo Samba Sylla: Neoliberalism’s Colonial Origins

Selections from Godfree Roberts’ extensive weekly newsletter: Here Comes ChinaThe Vineyard of the SakerSitrep: Here Comes China: Elephants, Finance and Trade, RCEPSee also at VSG7: Desperately Seeking RelevancyPepe EscobarAlsoIndia PunchlineG7 and China: Fault lines in the world orderM. K. Bhadrakumar | retired diplomat with the Indian Foreign Service

 The increase in value is reminiscent of a pyramid scheme where investors constantly hope that others will value the asset ever higher.When bitcoin regains its true value, the awakening could be brutal for many. It is not only the cryptocurrency that has a limited volume, but also the number of people who are tempted to join pyramid schemes.The Financial Times Bitcoin lacks a solid foundation as an international currency

With benefit cuts starting we'll see if the negative impact will be enough to slow the economy and send the market significantly lower. 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/