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Mike Norman Economics

AlanMcleod – Tanks and Think Tanks: How Taiwanese Cash is Funding the Push to War with China

 Twenty years ago, a group of neoconservative think tanks used their power to push for disastrous wars in the Middle East. Now, a new set of think tanks staffed with many of the same experts and funded by Taiwanese money is working hard to convince Americans that there is a new existential threat: China.Terrifying! MintPress, we have been at the forefront of exposing how Middle Eastern dictatorships and weapons contractors have been funneling money into think tanks and political action...

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Electricity Provisioning under the Green New Deal: A Modern Monetary Theory Approach — Avraham I. Baranes and Mitchell R. Green

Abstract: This paper applies theories of institutional adjustment and Modern Monetary Theory to the problem of rapidly transitioning to an electricity provisioning system consistent with the Green New Deal. We argue the current obstacles are primarily financial, not technological in nature, and offer a high-level policy framework for using fiscal tools at the Federal level that overcomes the obstacle, while protecting rate-payers from cost burdens. Drawing upon theories of institutional...

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Rate hikes are bearish for currency and vice-versa.

The futures (or forward) curve of any FX or commodity will show that rate hikes raise inflation and lower currency exchange value and vice-versa. 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

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Focusing purely on injustices in China and Russia with a Cold War mindset damages human rights everywhere — Patrick Cockburn

Politicizing and even weaponizing human rights through propaganda and disinformation to further one's interests undermines human rights. It is also hypocritical, which challenges its credibility.The Independent (UK)Focusing purely on injustices in China and Russia with a Cold War mindset damages human rights everywherePatrick Cockburn

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Michael Hudson — Plato, Aristophanes and Aristotle on Money-Lust, 399-380 BC

Yves here. Michael Hudson kindly provided us with an advanced draft of this chapter from his upcoming book, since readers seemed particularly interested in the views of the Greeks on money, commerce, and power. Get a cup of coffee. This post is meaty if you plan to consume it in one sitting.Weekend reading.Naked CapitalismMichael Hudson: Plato, Aristophanes and Aristotle on Money-Lust, 399-380 BCMichael Hudson | President of The Institute for the Study of Long-Term Economic Trends (ISLET), a...

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Putin rewrites the law of the geopolitical jungle — Pepe Escobar

Pepe Escobar reads the tea leaves.The ball is in Victoria Nuland's court. (And you thought Joe Biden was president?)The Vineyard of the SakerPutin rewrites the law of the geopolitical junglePepe Escobar for The Saker blogSee also at VSAfghanistan.American plans something but ends up differentlyProf. Engr. Zamir Ahmed Awan, Sinologist (ex-Diplomat), Editor, Analyst, Non-Resident Fellow of CCG (Center for China and Globalization), National University of Sciences and Technology (NUST),...

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