Fed thinking it can boost inflation with low or zero rates is the same thinking that was ineffective for Japan for decades. 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
Read More »The Fed’s about to fall into the Japan “trap.”
Fed thinking it can boost inflation with low or zero rates is the same thinking that was ineffective for Japan for decades. 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
Read More »Contemporary relevance of Marxian economics — David F. Ruccio
I’ve just signed a contract with Polity Press to write a new book, “Marxian Economics: An Introduction.” The idea is to publish it in late 2021 or early 2022. My goal is to write a textbook that can fulfill two purposes: first, a stand-alone book for courses that are focused on Marxian economics or survey courses that have a section devoted to Marxian economics; second, it will also be useful as a companion text in a course that is based on reading all of or major selections from Karl...
Read More »China’s Journey To A Service Society — Statistica
China is catching up to the developed world in economic structure.econinterest.comChina's Journey To A Service Society Statistica
Read More »Seven High Frequency Indicators for the Economy — Bill McBride
Still depressed.Calculated RiskSeven High Frequency Indicators for the EconomyBill McBride
Read More »British legislation must be able to override EU law – that is what independence means — Bill Mitchell
Piety has no bounds it seems. The Sunday Times ran an Op Ed at the weekend (September 12, 2020) – John Major and Tony Blair: Johnson must drop shameful no-deal Brexit bill or be forced to by MPs(paywall) – which told us how angry former British Prime Ministers Tony Blair and John Major are with Boris Johnson about the Government’s intention to introduce the Internal Market Bill to ensure the so-called Withdrawal Agreement is compatible with national law. They started by appealing to the...
Read More »China claims quantum leap with machine declared a million times greater than Google’s Sycamore Physicist Pan Jianwe
A Chinese physicist claimed to have built a quantum computer that would leave Western competitors in the dust, but he and his team said they needed to “further verify” the claim. Pan Jianwei, a physicist from the University of Science and Technology of China, announced at a lecture at Westlake University, Hangzhou, on September 5 that a new machine had recently achieved “quantum supremacy” one million times greater than the record currently held by Sycamore, a quantum computer built by...
Read More »The Historic Clash of Two Opposing [American] Geopolitical Paradigms — Matthew Ehret
History lesson. American imperialism versus American isolationism, and the British economic system versus the American economic system.Strategic Culture FoundationThe Historic Clash of Two Opposing [American] Geopolitical Paradigms Matthew Ehret
Read More »Computers, Productivity And Long-Term Growth — Brian Romanchuk
Backgrounder.Bond Economics Computers, Productivity And Long-Term Growth Brian Romanchuk
Read More »TASS — Russia will keep low level of public debt to ensure macroeconomic stability – experts
I guess they haven't yet discovered MMT. On another note, Russia has de-dollarized, having gone to gold and created an alternative to SWIFT.TASSRussia will keep low level of public debt to ensure macroeconomic stability - experts
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