Mike Norman Economics

They never learn. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman

As anticipated, a restatement of Wilsonian liberal internationalism based on American exceptionalism and global dominance. It's a speech that Hillary Clinton could have delivered.Basically the same line we've heard since the end of WWII and the ramp up of the Cold War. Compare with the forward looking speeches of Xi and Putin. No vision.  No systems awareness, or situational awareness. Lots of looking back and wishful thinking based on it. Idealistic and not realistic.Fail. REVJoe Biden...

It is long past time for policymakers to fight corporate concentration. Fortunately, there is good reason to think they will soon do so….Amazon’s origin story reflects the reality that the corporation is a creature of policy and politics....The Guardian (UK)At Last, the Regime That Enabled Amazon’s Monopoly Power is CrumblingMatt Stoller

First it was Dominion, now it's Smartmatic's turn.Voting software company Smartmatic has filed a $2.7 billion libel suit against Fox News, three Fox hosts - Lou Dobbs, Maria Bartiromo and Jeanine Pirro - as well as lawyers Rudy Giulani and Sidney Powell over what the firm claims are knowingly false claims about former President Donald Trump’s election loss, CNBC reports. The lawsuit accuses the defendants of executing a coordinated disinformation campaign aimed at convincing the public of...

An anonymous former government official has written a conventionally hawkish paper on China. The Atlantic Council and Politico have both published versions of the piece, and they have agreed to keep the author’s identity under wraps for reasons known only to them. The Atlantic Council claims that anonymity was necessary because of “the extraordinary significance of the author’s insights and recommendations.” It’s not clear why they find these insights and recommendations to be so...

Paul Robinson calls attention to more wishful thinking in the West based on the results of recent polling in Russia.IrrussianalityLatest Poll Undermines Claims of Rising Dissatisfaction in RussiaPaul Robinson | Professor, Graduate School of Public and International Affairs at the University of OttawaSee alsoMore numbers from different sources.The Unz ReviewDon't Waste Time on Hacks. Look at Numbers., by Anatoly KarlinAnatoly KarlinFrom the real Left. Lesson: don't lump all the protestors in...

The article is about US military Keynesianism and the role that arms exports play in it. You probably know about this already, but Vladimir Danilov sums it up.NEOHow does Washington Rob the Entire World?Vladimir Danilov

Clawback?Counterpunch The So-Called Moderna Vaccine Is a Publicly Funded MiracleAlex Lawson

The IMF still doesn't really get it (MMT).Multiplier EffectThe IMF as Deficit Owl? What’s Wrong with This Argument?Jan Kregel | Professor of Finance and Development at Tallinn University of Technology, Tallinn, Estonia, adjunct professor at Johns Hopkins SAIS (SAIS), whose Bologna Center he co-directed in the late 1980s, visiting professor at the University of Missouri–Kansas City, and a Senior Scholar at the Levy Economics Institute of Bard College; formerly Chief of the Policy Analysis and...

China enters 2021 economically stronger relative to major economies than anytime since 2009. This apparent strength creates extremely high expectations for China to deliver on its forecast economic recovery, on its rollout of vaccines in China and beyond, and on stabilizing its geopolitical relationships. In a year when avoiding major risks and sources of instability remain paramount, China’s leaders will find it harder to keep the economy on track than anticipated....McKinseyWhat can we...