Mike Norman Economics

There is still a bit more to learn about the Ryanair flight 4978 from Greece to Lithuania which on May 23 diverted to Minsk after a bomb thread against the plane had been received by several regional airports.The west has waged a media war over the case claiming that Belarus had invented the bomb threat to capture a Belorussian dissident who was on board. However it is clear that the bomb threat happened and that Belarus acted on it by the book. The quick implementation of a deceiving...

Everybody is concerned with ‘herd immunity’ at present as the pandemic continues on ravaging our social and economic lives. But I have been studying the concept of ‘herd mentality’ for some years, aka – Groupthink. Mainstream macroeconomics is sustained, not by any internal logical consistency (on which it fails), by close congruency with the empirical data (on which it fails), which are the usual qualities of a dominant system of ideas, but, rather, by (using modern terminology) its...

Daily Beast wrote and article with this title and they're right. I explain why. 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/

Whatever the final outcome may be, industry watchers now largely agree that there are two realms where costs must come down for carbon-free hydrogen to advance. The cost of renewable energy, already the object of remarkable reductions in the past decade, must continue to fall. And the cost of water electrolysis for hydrogen production, encompassing the basic hardware of green hydrogen, the electrolyser, must follow a similar path downward. Many see both poised to happen. In fact, the two are...

On the Washington Consensus as foreign policy based on neoliberal economic policy, which became the basis for Post WW II  neo-imperialism and neocolonialism. That policy was subsequently adopted domestically, making neoliberalism a global phenomenon that still infects the world system negatively, resulting in growing income and wealth inequality.The way to combat this pernicious framework lies through applying an MMT-based lens to reframe the assumptions, eliminating the false and replacing...

The latest on the Belarus incident.Moon of AlabamaHow ProtonMail Lost The Public Trust It Needs To Do Business

I'm curious to see how those states ending enhanced unemployment benefits perform. May not be the outcome they desire.

Pivoting left. The right cries, "socialism, Marxism, communism." Sound money people see imminent hyperinflation and dollar devaluation.EPI President Biden’s budget shows what true “fiscal responsibility” means: Pushing the economy closer to full employment, reducing inequality, and measuring the debt burden more accuratelyJosh Bivens, director of research

Pivot East.Unz ReviewOverview of Russian PortsAnatoly Karlin