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Mike Norman Economics

The ‘Kansas City’ Approach to Modern Money Theory — Randy Wray

Modern money theory (MMT) synthesizes several traditions from heterodox economics. Its focus is on describing monetary and fiscal operations in nations that issue a sovereign currency. As such, it applies Georg Friedrich Knapp’s state money approach (chartalism), also adopted by John Maynard Keynes in his Treatise on Money. MMT emphasizes the difference between a sovereign currency issuer and a sovereign currency user with respect to issues such as fiscal and monetary policy space, ability...

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Dow shooting for 30,000. And maybe some changes in the wind.

Like I've been saying, super-strong fiscal support will keep the economy growing and market moving, but I've noticed some subtle changes. 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

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Dow shooting for 30,000. And maybe some changes in the wind.

Like I've been saying, super-strong fiscal support will keep the economy growing and market moving, but I've noticed some subtle changes. 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

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Tim Anderson – How the illusion of an objective reality creates time travel paradoxes

Quantum information theory resolves the grandfather paradox but questions our belief in an objective reality. When down the pub with friends years ago someone might ask how did he know if any of us were actually here, he might be generating the whole reality? It was a popular thought years ago, that we might be living in a computer simulation. I always dismissed all this as nonsense, but perhaps we are all here, with each one of us creating our own reality. Physics keeps getting...

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