Mike Norman Economics

Compared to Paul Volcker, Yellen is a dove as lily-white as they come, but compared to her contemporaries, it's clear that she stands mostly opposite the growing chorus of adherents to Modern Monetary Theory.Biden ran as a centrist and will govern as a centrist, to the peril of the Democrats.Washington ExaminerJanet Yellen could be the (very relative) debt hawk we needTiana Lowe, Commentary Writer

Image below of this m-fer... electron micrograph color enhanced out of Ft Detrick... The yellow mass is I guess the somewhat normal lipoprotein part and the green elements are the proteins forming the wreath/crown of thorns part aka linear arranged "spike proteins" that increase system efficacy... 

 Elanah Uretsky, Associate Professor of International and Global Studies, Brandeis UniversityI live in a democracy. But as Thanksgiving approaches, I find myself longing for the type of freedom I am seeing in China.People in China are able to move around freely right now. Many Americans may believe that the Chinese are able to enjoy this freedom because of China’s authoritarian regime. As a scholar of public health in China, I think the answers go beyond that.My research suggests that the...

“The Oxford vaccine is… striking, since the point was to pay researchers, but not to rely on patent monopolies to generate large profits.” – Economist Dean BakerThe world is abuzz today after a team of medical researchers from Oxford University in the United Kingdom announced that advanced trials of their experimental coronavirus vaccine were a roaring success, with the vaccine possibly being rolled out before Christmas. Testing was done on 24,000 volunteers in the U.K, Brazil, and South...

I like these types of moves because they give opportunities to add positions in a big trend. 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

Harnessing cowboy capitalism in China's tech industry.Business InsiderAlibaba's CEO said China's new tech regulations are 'timely and necessary' as the nation aims to keep internet firms from growing into powerful monopoliesKatie Canales

"China is trying to beat countries into submission by egregious economic coercion," one senior official told the WSJ. "The West needs to create a system of absorbing collectively the economic punishment from China’s coercive diplomacy and offset the cost."After spending the last half millennia beating other countries and peoples into submission not only economically but also militarily through colonization and the neo-colonization that is ongoing, the West is now complaining about China?...

By recognizing and investing in the strengths of pioneering cities and regions, China has developed a powerful mechanism for organizing and advancing its economic transformation. Judging by the tremendous success of Shenzhen and Shanghai, it seems clear that China will continue to reap the rewards of this approach for decades to come.One of the most difficult and challenging areas of economics is development economics. The success have been somewhat rare. However, China has broken the mold...

 Human interest story.Zero HedgeItalian Police Use Lamborghini For Urgent 300-Mile Kidney Delivery In Just Two HoursTyler Durden