Mike Norman Economics

Ha ha.RTChristopher Steele to pay damages to Russian bankers for ‘inaccurate and misleading’ claims in his infamous dossier

Geothermal. Oilprice Big Oil Should Focus On The World’s Cleanest Energy Irina Slav

Backgrounder on the development of Vietnam under a Communist government. Are Cuba and Vietnam development models for other small countries.NEOThe Tremendous but ‘Secret’ Success of Socialist Vietnam Andre Vltchek

Backgrounder on Hong Kong, Russian constitutional amendment, and more.India PunchlineRussia, China keep the ‘dragon in the fog’M. K. Bhadrakumar | retired diplomat with the Indian Foreign Service

When times get tough and your patience gets stressed with emotion running high, you have to always remember who you want to be and where you want to go. 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

More high level exposure for MMT thanks to The Deficit Myth.Tax Research UKModern monetary theory gets to WestminsterRichard Murphy | Professor of Practice in International Political Economy at City University, London; Director of Tax Research UK; non-executive director of Cambridge Econometrics, and a member of the Progressive Economy Forum

But there has been growing criticism from some parts of the left of the proposed Green New Deal, particularly relating to its potential impacts on the Global South and undefined relationship with capitalism. There is no singular Green New Deal that exists–with plenty of debate among supporters of it–but it is possible to speak about the most popular version of it as proposed by the likes of Ocasio-Cortez and Sanders. It’s a vision that scholar and author Max Ajl is deeply concerned about....

Important post on the philosophy (foundations) of economics as a discipline. Short for the amount of information it contains. Should read even though it is not directly relevant to MMT.In it indirectly relevant to MMT, however, in that it recognizes that the social world is complex, as is the biological world and to a lesser degree the physical world. MMT economists get this by taking an open-ended approach that assumes reflexivity (learning) and emergence (synergism) in complex adaptive...

Here is Episode 6 in our weekly MMTed Q&A series. This is the second-part of my discussion on the Job Guarantee with Dr Pavlina Tcherneva and in this episode we discuss the central role that employment buffer stocks play in Modern Monetary Theory (MMT), a point that is often missed by those who think it is just a job creation program and of secondary (and dispensable) importance to the ‘banking’ aspects of MMT. As you will hear (and see), the Job Guarantee is an integral part of MMT and...

Grudgingly positive about MMT. Worth a read to gauge direction.The Herald (Scotland) — Editorial OpinionOpinion: Iain Macwhirter: There is method to the madness of spend, spend, spend Iain Macwhirter, Political Editor