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Mike Norman Economics

Dollar’s fundamentals continue negative.

Current reality for the dollar is bearish. Rising fiscal expansion and trade deficit. 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

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China’s Path to Net Zero — Erik Berglöf

Chinese President Xi Jinping’s recent announcement that China aims to achieve carbon neutrality before 2060 marks one of the most important policy initiatives of the last 40 years. Reaching this goal will require extensive collaboration between government and the private sector, animated by a heightened sense of urgency....Central planning an advantage in integrating policy and strategy? Project Syndicate China’s Path to Net ZeroErik Berglöf | Chief Economist of the Asian Infrastructure...

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Wages for the top 1% skyrocketed 160% since 1979 while the share of wages for the bottom 90% shrunk — Lawrence Mishel and Jori Kandra

Just deserts based on marginal contribution or institutional bias?Economic Policy InstituteWages for the top 1% skyrocketed 160% since 1979 while the share of wages for the bottom 90% shrunk: Time to remake wage pattern with economic policies that generate robust wage-growth for vast majorityLawrence Mishel and Jori Kandra

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Yellen And Akerlof Or Akerlof and Yellen? — J. Barkley Rosser

Janet Yellen is married to George Akerlof. The post is mostly about him.George Akerlof's foremost contributions to economics are similar in kind (though not in content) to Hyman Minsky's in that they both brought to the fore extremely important information that was being overlooked, Akerlof in micro and Minsky in macro. EconospeakYellen And Akerlof Or Akerlof and Yellen?J. Barkley Rosser | Professor of Economics and Business Administration James Madison University

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Economic Sovereignty for Developing Countries: What Role for Modern Money Theory? — Basil Oberholzer

With modern money theory (MMT) receiving impressive attention, the implications this theory has for developing countries have also been discussed more intensely. Emphasizing both its strengths and gaps provides a great chance to further develop macroeconomic strategies for poverty reduction and environmental sustainability.Developing EconomicsEconomic Sovereignty for Developing Countries: What Role for Modern Money Theory?Basil Oberholzer

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MMT: a primer — Richard Murphy

How did Richard Murphy do in summarizing MMT?Tax Research UKMMT: a primerRichard Murphy | Professor of Practice in International Political Economy at City University, London; Director of Tax Research UK; non-executive director of Cambridge Econometrics, and a member of the Progressive Economy Forum

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