Mike Norman Economics

From October 12, 2020, every Monday employers must submit to the Moscow Mayor’s Office a report on remote employees and those who are going to work in the usual mode. Information is sent through the personal account of the legal entity or IE on the website mos.ru.Interesting that government is mandating this, due to the pandemic, but it is a n-brainer for other reasons. Who needs commuting anyway. Wasted time and also wasted energy increasing pollution.Digital is likely here to stay once...

On September 27, 2020, I recorded a live conversation via Zoom with Dr Phil Armstrong, which was organised by the – GIMMS Team.Bill Mitchell – billy blogA conversation about MMTBill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia

The "headline traders" must be getting chopped to ribbons. 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

This is Part 7 of my on-going examination of the concept of ‘duty to work’ and how it was associated with the related idea of a ‘right to work’. Today, I go back in history (again) to discuss a literature that influenced the evolution of my own early advocacy of a Job Guarantee. We see how I considered developments in the early C19th which established very clearly the responsibility of the government to act as an ’employer of last resort’ could be integrated with the buffer stock literature...

The idea that the stock market reflects class struggle is not my own. It comes from political economists Shimshon Bichler and Jonathan Nitzan. In ‘Stocks Are Up. Wages Are Down. What Does it Mean?’, I summarized their thinking (as I understand it). Before you continue here, I recommend reading that post. But if you’re pressed for time, here’s the gist of their argument. Class struggle, Bichler and Nitzan observe, is a part of all hierarchical societies. But capitalism is the first...

Nervous headline traders sold the market on Friday on Trump news, but bought it back today on Trump news. Losing both ways. The real story is fiscal.

Australian economic history. Steven Hail is an MMT economist.MENAFN — The ConversationBig budget spending isn't new: it's a return to what worked before Steven Hail | Lecturer in Economics, University of Adelaide

ReportMcKinseyPrioritizing health: a prescription for US prosperity

If you are into KaleckiThe Case for Concerted ActionPoznań Conference On Kalecki And Kaleckian EconomicsV. Ramanan

Church adherents pose no inherent threat to liberal democracy. The problem in the US is that people in the highest positions of authority, Catholic and Protestant alike, are pushing at the barriers between church and state, erected so carefully by America’s founders to ensure that the people, not God, would govern. Part of the tug of war (historical dialectic) between liberalism and traditionalism, with fascism and communism in the background. Interestingly, Catholic social teaching,...