Mike Norman Economics

Different economic conditions and priorities in the US and the eurozone are leading to divergent macroeconomic-policy approaches. While there is nothing shocking about this, there are potential longer-term effects that should not be underestimated....Project SyndicateThe Transatlantic Macroeconomic DivergenceDaniel Gros is a member of the board and a distinguished fellow at the Centre for European Policy Studies

I have been doing a lot of talks over the last few years discussing Modern Monetary Theory (MMT) with financial professionals. I stress that I am not acting as a consultant, to allow this community to make more money. I often joke I hope they all go broke. My motivation is education and one hopes that these communities will spread our ideas through their own influential networks. The aim is to put pressure on the public policy makers to restore full employment and reorient the public...

They have led to a proliferation of fake news and clickbait, fuelled surveillance capitalism and normalised pervasive tracking and data-mining. Then there’s their effect on democracy ...2019 article.  I remember when I was new to the internet I looked at some speakers and then after that there was speakers everywhere. It felt spooky, like big brother, when I realised how I was being watched. But personalised adverts are not better for anyone. They have turned the internet into a surveillance...

The U.S. is considered a global leader in payment services. Yet, the U.S. appears to lag some developing countries in adopting the latest mobile payment innovations. We show that previous card payment leaders such as the U.S. naturally tend to fall behind in mobile payment adoption. This can be explained by optimal choices of card payment users in such countries because the incremental improvement introduced by the current mobile payment technology does not justify the costs for them to...

US getting out played?Strategic Culture FoundationChina Mega Investment Deal With Iran Blows U.S. Out of the PictureMartin Jay

Scientists are only just discovering the enormous impact of our gut health – and how it could hold the key to everything from tackling obesity to overcoming anxiety and boosting immunityThe great opportunity – but also the great difficulty – of gut microbiome science is that poor gut health is associated with such a vast range of conditions, from obesity and degenerative brain diseases to depression, inflammatory bowel disease and chronic inflammation. “The microbiome is associated with...

Surging bank deposits constrain a bank's ability to lend due to regulatory constraints.

The US disaster in Afghanistan. As the US pulls its troops out of Afghanistan, Robert Inlakesh asks why they’re going now and whether any good came from America’s longest war. Did the US ultimately just create more terrorism?[embedded content]

The first half of the post is about blaming Russia, which is US politics. The last half is about crypto as necessary condition for ransomware, which is real. Ransomware is just one aspect of growing cybercrime, and "Russia" is neither the problem nor the solution. It is a distraction for political purposes.Moon of AlabamaRansomware: Stop Blaming Russia And Tackle The Real Villains - Cryptocurrencies

People couldn't see the colour blue or pink so well in ancient times, they just saw shades of grey or red, it is believed, as these colours were never documented in any their texts. But neuroscientists believe that as people began to differentiate these hues more, the brain adapted so they they became more distinct colours in their own right.[embedded content]Why The Ancient Greeks Couldn't See Blue