Mike Norman Economics

The State Council, China's cabinet, on Sunday issued antitrust guidelines on the country's platform economy, signaling a strengthened antitrust enforcement against monopolistic behaviors in the country's internet platform sector.The guidelines, drafted under the basic system of China's anti-monopoly law, consists of six chapters with 24 articles. It accounts the characteristics of the platform economy and basic principles of regulator's supervision, and gives specified guidance including but...

Andrew Gelman smackdown of Cass Sunstein.Statistical Modeling, Causal Inference, and Social ScienceNudgelords: Given their past track record, why should I trust them this time? (Don’t call me Stasi)Andrew Gelman | Professor of Statistics and Political Science and Director of the Applied Statistics Center, Columbia UniversityBonusJoan Robinson on conventional economics.Lars P. Syll’s BlogThinking about thinkingLars P. Syll | Professor, Malmo UniversityRelatedBut shared beliefs that are in...

Schedule below that illustrates what they are supposed to do over the next few months:

You can see the type of slope ($/time) needed to really cause a big crash by looking at the last 2 they did in the graphs below... by “big crash” I mean one of the substantial  30% to 40% reductions in equity index asset prices (not to mention the associated real chaos) we have been getting once in a while over last couple of decades whenever they add large amounts of reserves in a short period of time and the depositories don’t have the regulatory capital to support it...The one last year...

Could French bean plants really be consciously controlling their growth?If you're a plant and you detect a nice pole nearby which can help you get a leg up for more sun, you go for it. The idea of plants being capable of making conscious decisions is a controversial one, but a new study involving climbing French beans suggests the concept may be beginning to take root. Plants: Are they conscious?

 Cancel culture at Fox? ?Zero HedgeFox News Cancels Lou Dobbs' Show, Day After Billion-Dollar SmartMatic LawsuitTyler DurdenSee alsoThe IndependentDiehard QAnon followers think Trump is secretly still president and carrying out executions at White HouseOiver O'Connell

I knew Mr. Barilla. He taught me a very valuable lesson. He showed me that to make big money you had to put on a position and hold it. 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

 Accused by the West of police violence against protestors, Russia takes off the gloves. People in glass houses.….The Vineyard of the SakerFeel the difference: a self-explanatory visual reel from The Ministry of Foreign Affairs of the Russian FederationThe Saker

The US is on an unsustainable trajectory based on Wynne Godley's analysis.The Case for Concerted ActionU.S. Net International Investment PositionV. Ramanan

A study by researchers at the University of Cambridge has found that climate change played a key role in Covid-19 spreading from animals to humans, as the two groups were forced closer together as populations grow.Scientists examined changes to temperature and rainfall over the last 100 years, specifically modelling bat populations against their habitat needs. They found that climate change had resulted in 40 species relocating during that time to areas in China, Laos and Myanmar. “Bats are...