Mike Norman Economics

 I will still wear one when going shopping, but they are difficult to keep on all the time in social situations or at work. If I'm around a lot of people I shall still wear one. I've never worn one in the street, except in very crowded ones, as it intuitively seemed to be pointless. Some people wear them in their cars even though they are the only person in it. We carried out a comprehensive review of the evidence about how face masks and other physical interventions affect the spread of...

 Administering pure oxygen in a pressurised chamber could reverse ageing and illness, research finds.But will it kill off mankind?Israeli scientists say they have managed to not only successfully stop the biological ageing process but to reverse it, using only oxygen.‘Backward in time’: Israeli scientists claim to reverse ageing

Moscow ready to provide vaccines to countries in need, said the Russian president.Putin addressing G20. TASSPandemic triggers systemic economic crisis, unprecedented since Great Depression - Putin

AbstractThis paper explores the fundamental importance of sociality to monetary sovereignty, investigating the apparent contrast between the state and the market in theories of money. Sociality deserves attention given the recent increase since the 1990s of denationalised, regional and, more recently, crypto currencies, which are different from legal tender. First, we examine the classification of metalism and chartalism, that is, the commodity theory of money on one hand and the chartal...

One aspect of commercial life that has always annoyed me is the habit of some project managers to refer to people as “resources”. It’s a wonderfully dehumanising phrase that lumps human beings, with their thoughts, feelings and aspirations, into the same category as steel ingots and rebar, to be shipped around as required by an unfeeling bureaucracy. That same disconnect is now creeping into opinion pieces as they struggle with the Modern Money reality we live in...New WaylandResources Are...

Fed doesn't need Treasury "backstop" to lend. The funds transferred to the Fed back in March, as a backstop, were unnecessary as I said at the time. 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

English transcript.Ecns (PRC)Full text of Chinese President Xi Jinping's remarks at the 27th APEC Economic Leaders' Meeting"Working Together for an Asia-Pacific Community with a Shared Future"

 The settlers have been trying to push us from our Jerusalem home since 2009. Now they might succeed.This Saturday, November 21, Israeli settlers, backed by police and military, will likely force my family out of our home forever. This fate of dispossession looms over much of my neighborhood. Our lives are consumed by the anxiety of living on the brink of homelessness. As I study thousands of miles away in New York City, my hands feel tied, which traps my fury. Tomorrow My Family and...

Paul Samuelson deserves a lot of the blame for what happened owing to his influence on economic methodology. But it did not begin with Samuelson. Keynes criticized Tinbergen's econometrics, for example, and Alfred Marshall, whose Principles was as influential at the time as was Samuelson subsequently, also warned about overextending the use of mathematics.The rigor of scientific method in causal explanation stems from balancing intuition in discovery, mathematical formalism in theory...

The shape of things to come.Singularity HubA 3D Printed Apartment Building Is Going Up in GermanyVanessa Bates Ramirez