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Mike Norman Economics

China Watch

ECNS5G industry creates massive direct economic outputXi stresses building world-class universities to serve nation in visit to Tsinghua'Forced labor' label belongs to U.S.: Chinese FM spokespersonChina expects to deepen int'l cooperation in poverty reductionChina builds world's largest 5G networkChina pledges targeted policies, necessary support for economic recoveryChina in action to make COVID-19 vaccines global public goodAsian economy to grow 6.5 pct in 2021: reportChina to become...

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Important announcement by the Saker! — The Saker

Recent events have forced me to take some important decisions which I have to share with you know.First, from now on, the Saker blog shall not post any texts or videos from the four organizations which the US Treasury has declared “disinformation outlets controlled by Russian intelligence services”. These are:SouthFrontNewsFrontThe Strategic Culture FoundationInfoRusI want to stress that in my opinion these organizations did nothing absolutely wrong and that accusation is as false as all the...

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Saqib Shah – The UK is considering starting a digital currency

 The UK isn't going to sit idly by while other countries launch digital currencies. Today, the Bank of England and HM Treasury announced that they will jointly explore "a new form" of virtual money for the public and private sector. A dedicated taskforce has been appointed to assess the risks and practicalities of introducing a digital currency. To help glean new use cases, officials will consult with stakeholders including banks, fintechs, payment infrastructure providers, and technology...

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Richmond Fed MMT Critique — Brian Romanchuk

I will not comment any further, since I have not yet read the literature that their assertions are based on. Given that the theory is a non-starter to anyone who is slightly numerate and familiar with observed developed country debt dynamics, I do not expect to read it any time soon...Brian makes an important observation here when he notes: "Even a struggling first-year philosophy student could tell you that if you assume a point is true that your opponent claims is false, you would appear...

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Rafa Euba – The hard life of the womaniser

 Becoming a Casanova isn't easy... or very appealingBy restricting his the way he relates to women to a mere sexual enterprise, a philanderer is condemning himself to a life of solitude.Relating isn’t a competitive sport, or a circus skill.A womaniser will need the kind of dedication and commitment also required in much worthier pursuits.The lives of Casanova and Don Juan would be difficult to emulate and probably not very enjoyable.Psychology Today Rafa Euba - The hard life of the...

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Helen Leask – Vitamin D for All Over 50s to Prevent Cancer Deaths?

It's behind a paywall, but this is all you need to know, although it doesn't say the amount they recommend. Or get some sun, but you don't need much, something like 10 to 20 minutes three times a week, stopping just as you start to go slightly pink. Vitamin D supplementation for older healthy adults has been much debated. Recent attention has been focused on its potential for reducing the risk for and severity of COVID-19, but there is an older argument, boosted by recent evidence, for...

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