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Mike Norman Economics

China Moves To Legalise Digital Yuan, Ban Competitors — Frank Tang

People’s Bank of China stipulates for the first time that the digital yuan will be allowed to circulate and be converted like physical currencyHead of central bank’s digital currency research institute admits potential problems with digital yuan, but says they reinforce need for central bank oversightSCMPChina Moves To Legalise Digital Yuan, Ban CompetitorsFrank Tang

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Bill Mitchell — Drain the (corporate) swamp

Today, I celebrate – my home town of Melbourne has recorded zero new infections for the second time since June 9, 2020 and zero deaths. A consecutive day of double zero. My Melbourne band Pressure Drop is planning a live streamed gig soon – our first time playing since March. Details will come when we know more about when we can do it. Something to celebrate in a bleak year. Today I am writing about the underside of neoliberalism though. Nothing to celebrate about this at all. Revolving...

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Green and just — Fadhel Kaboub

How to finance a Green New Deal that is truly global? Fadhel Kaboub has a proposal that builds in colonial and climate reparations.Fadhel Kaboub is an MMT economist.New InternationalistGreen and justFadhel Kaboub | associate professor of economics at Denison University and president of the Global Institute for Sustainable Prosperity

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