Mike Norman Economics

AOC has embraced MMT and is advised by MMT economists. What Stephani Kelton has done to popularize MMT generally, AOC is likely to do with the younger generations of digital natives.KotakuAlexandria Ocasio-Cortez Streams On Twitch With Hasan Piker And Pokimane, Draws Over 430,000 ViewersNathan GraysonSee alsoSputnik InternationalAOC Calls on People to Vote While Twitch Streaming, Sets Twitter Abuzz

It won't stop the project and will further alienate German and other European firms, who will view this as anti-competitive regardless of what spin the US puts on it.OilpriceU.S. Broadens Sanctions On Russia-Led Nord Stream 2 PipelineCharles KennedySee alsoTASSKremlin slams US sanctions against Nord Stream 2 as 'hostile takeover competition'

The ITER will use a mixture of hydrogen isotopes, deuterium and tritium, as fuel.... Sputnik InternationalA World Without Oil and Uranium: Russian Scientists Research Clean, Safe Nuclear Power Generation

US-based chipmaker Qualcomm hosted a virtual event on Tuesday night and announced that in partnership with the Indian telco Jio, they were able to achieve a superfast internet speed of 1GBPS while working on developing independent 5G tech for India. Jio, with 385 million users, is India’s largest telco, headed by Asia’s richest man, Mukesh Ambani.Sputnik InternationalTech Analyst Calls Jio Partnership With Qualcomm to Bring 5G to India a 'Breath of Fresh Air'

One of the regular stream of commentators who claim that MMT is wrong about everything it says has appeared on the blog.So, I issue a challenge. What is wrong about the following, which is what MMT says?…,Several MMT point follow. Tax Research UKWhat MMT says: a chance for the critics to take a popRichard 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...

Has Larry Summers actually read any MMT literature? MMT economists have already counter all his objections. My guess. This is political. The man cannot be that obtuse economically, can he? With the prospect of a Biden win, Summers is trying to head off MMT politically as a Democratic Establishment  stalwart vying for power and position.RALPHONOMICSLawrence Summers attempts to criticise MMT – try not to die of laughter.Ralph Musgrave

Jesper Jespersen untangles the concept and shows how Keynes, by taking uncertainty seriously, contributed to forming an analytical alternative to the prevailing mainstream general equilibrium framework:Lars P. Syll’s BlogWhat is ‘effective demand’?Lars P. Syll | Professor, Malmo University

For the record.MMT FranceMonnaie, pouvoir et régimes monétairesparPavlina R. TchernevaLevy Economics Institute of Bard CollegeMars 2016Traduction par Robert Cauneau – MMT France

Of five top candidates, authorities have singled out an experimental Chinese vaccine.Brazil is one of the world’s top COVID-19 vaccine testing grounds. Now officials there say that CoronaVac, the experimental COVID-19 vaccine from Chinese developer Sinovac, is the safest of the coronavirus immunizations evaluated in the country so far.“The first results of the clinical study conducted in Brazil prove that among all the vaccines tested in the country, CoronaVac is the safest, the one with the...

Today, on my blog-light day, I have a video of a recent event where I spoke (with other speakers being John Quiggin and Noel Pearson). The event was in conjunction with the Public Health Association of Australia’s annual conference and we are discussing the interface between health and the economy and the right to work and income security. It was an interesting and very civilised discussion. And when you are through watching that, we also have a ‘provocation’ to consider and then some jazz....