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Mike Norman Economics

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

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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

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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...

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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...

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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...

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