Mike Norman Economics

India loses. China wins. Modi overplayed his hand. The Unz ReviewIndia Implodes Its Own New Silk RoadPepe EscobarSee alsoIndia PunchlineIndia gains nothing out of ‘Asian NATO’M. K. Bhadrakumar | retired diplomat with the Indian Foreign Service

Two more on MMT in India.The Economic Times (India)We need whatever it takes approach to rejuvenate growth: Anand MahindraAlsoLiveMintGDP data: Strong recovery likely, needs 'whatever it takes' approach, says Anand Mahindra

Revision.Bond EconomicsOn Fiscal Sustainability Brian Romanchuk

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...

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

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

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...

India. MMT is getting around.MoneyControl (India)What Modern Monetary Theory has to say about the US Fed's change of strategy Sashi Sivramkrishna

Joan Robinson quote. From the perspective of a philosopher, this is a good illustration of why philosophy of economics and philosophy of science, which focus on clarification of concepts, is foundational to the discipline.Lars P. Syll’s BlogThe capital controversyLars P. Syll | Professor, Malmo University