Mike Norman Economics

Hong Kong as global financial center for those wishing to avoid Western dominance.Here Comes China(Re)consider Hong KongGodree Roberts

More intersection of geopolitics (control of territory) and geoeconomics (resource). Russia and Central Asia, along with Africa, which is now also in play with many US and allied bases there, on to mention Latin America, which is already ringfenced by the Monroe Doctrine, are where much of the world's natural resources are located. These areas are now part of the battleground for control in the new Great Game based on unipolarism (continued domination of the globe by the West under the...

Basically the problem is that our whole planet has been gamified. All the Earth’s life, resources and geography have been folded into this sick game where people commodify them into points called money, for no other reason than to score as many points as possible.Read in conjunction with the MMT analogy of money as points on scoreboard in a game.CaitlinJohnstone.comDe-Gamify The EarthCaitlin Johnstone

Neil shows how it is necessary to understand accounting along with institutional arrangements and their effects.New WaylandStructural Deficits Are DeflationaryNeilW

Literally…in Southern California. And the markets will be stormy too!

Achieving price stability through MMT but without going back to the gold standard.Real Progressives (August 16, 2023) Towards a Libertarian/Austrian Modern Money Theory L. Randall Wray | Professor of Economics, Bard CollegeOriginally posted on July 27, 2010 at the New Economic Perspectives blog

Right-wing politicians in Argentina want to adopt the US dollar as the national currency to fight inflation. Development economist Ha-Joon Chang said this is “insane”, warning dollarization would make the Latin American nation a “colony”.Recognition is dawning that it won't be easy for the Global South/East to break out of the neoliberal, neo-imperial, and neocolonial model. Geopolitical EconomyArgentina adopting US dollar to fight inflation would be ‘insane’ neocolonialism, says economist...

It was the evolution of how I came about that. 

In Welfare for Markets, Anton Jäger and Daniel Zamora show that cash transfers emerged as an alternative to the welfare state favored by a left that had abandoned hope in socialism and a right hostile to democratic management of the economy.What exactly do David Graeber, Milton Friedman, Charles Murray, Yannis Varoufakis, and Mark Zuckerberg have in common?” It sounds like the setup to a bad joke. The punch line may not be funny exactly, but it is revealing. Although they share practically...