Mike Norman Economics

It doesn't....Real-World Economics Review BlogHow U.S. capitalism "lifts all boats"Jonathan Nitzan and Shimshon Bichler

Since the Global Crisis, the channels of capital flows have changed significantly. This column analyses key trends and underlying drivers of capital flows since the Global Crisis, including the policy trade-offs. It documents the increasing importance of market-based funding, a growing reliance on domestic currency liabilities, and a less stable foreign direct investment environment, particularly for emerging market economies. Although these changes create risks which should be managed,...

Amazon Web Services is snapping up former government officials who can help them gain access to lucrative federal contracts.Grifting? Or grafting?PoliticoThe secret behind Amazon's domination in cloud computingDaniel Lippmen and Emily Birnbaum

Foundations and Applications of Complexity EconomicsAngry BearMy Latest BookJ. Barkley Rosser | Professor of Economics and Business Administration James Madison University

I suspect coordinating monetary policy will be next...Treasury Secretary Janet Yellen is facing pressure to move toward a global tax deal by the end of the week as she meets her Group of Seven counterparts https://t.co/9TyTmu3Fkd— Bloomberg Economics (@economics) June 4, 2021

Canadian economist Mario Seccareccia, recipient of this year’s John Kenneth Galbraith Prize in Economics, says it’s time to reconsider the idea of full employment. He spoke to Lynn Parramore of the Institute for New Economic Thinking about why 2021 offers a rare opportunity to rebalance the economy in favor of Main Street....INETTop Economist: As Pandemic Recedes, a Chance to Rethink UnemploymentLynn Parramore

Make that "consumerism."Brave New EuropeReynard Loki: Humanity’s #1 Environmental Problem Is Consumption – Climate Change Is Just One of the Byproducts

Economic numbers still good, as today's job report shows, but benefits' cuts in June could derail the economy and financial markets. 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 executive order, which prohibits direct investment in both debt and equity securities, but also bans Americans from investing in funds that contain Chinese securities in their portfolios, is meant to stop US capital from being used by China to undermine national security....Gives new meaning to "capital controls."The more the US attacks these companies economically, the more the Chinese government will support them economically, which is the US government's complaint, so it is not like...