Mike Norman Economics

Remember back just a few months ago. We are in Britain. All the Remainers are jumping up and down about Brexit. We hardly see anything about it now as the UK moves towards a no deal with the EU. Times have overtaken all that non-event stuff. Now the developments are confounding the mainstream economists – again. There will be all sorts of reinventing history and ad hoc reasoning going on, but the latest data demonstrates quite clearly that what students are taught in mainstream...

Regan: Hello everyone, thank you for tuning into this episode of the Knowledge Problem Podcast. I’m your host Regan Ferrell [and I’m Alex Pilkington] on today’s episode we explore the merits and shortcomings of capitalism. [1:00] We have Dr. Jeffrey Miron speaking first, followed by rebuttals from Dr. Michael Hudson.... Michael Hudson — On Finance, Real Estate And The Powers Of NeoliberalismDefinitions and DebateRegan Ferrell interviews Jeffrey Miron, senior lecturer and director of...

C J Werleman is putting out anti-China propaganda on Twitter, and Nafeez Ahmed sometimes does this too. Both are excellent journalists in every other way.CJ Werleman says the Chinese government is forcing Xinjiang Muslims to eat pork and drink alcohol. This is total rubbish as it would greatly backfire. They would have a revolution on their hands. Uyghur students forced to eat pork, Muslims required to drink before entering mosques, C J Werleman  A Chinese person sent me this video.Tweet...

National self-sufficiency is the new target. Russia was able to achieve this owing to sanctions. According to Putin, without sanctions it would have been impossible politically.TASSPutin: Russia is now fully self-sufficient in basic food products

Learn to appreciate and embrace difficult trading periods. That's when you grow, both emotionally and financially. Trade and invest using the concepts and understandings of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/

Longish, but interesting if following this.Dances with BearsTRUTH VACCINE KILLS AUSTRALIAN-AMERICAN CAMPAIGN AGAINST CHINA IN WORLD HEALTH ORGANISATION DEBATEJohn Helmer

With testing ramped up, some numbers are coming in.CRMay 20 COVID-19 Test Results, AND Great News on the Next Step Bill McBride

I ran across a comment to the effect that Modern Monetary Theory (MMT) somehow is missing a theory of interest rates.... Bond EconomicsUpdate: The World's Simplest Bond ModelBrian Romanchuk

Two economists calculate that U.S. farms lost $14 billion because of retaliatory tariffs, while South American countries boosted their exports by $13 billion to fill the gap. The trade war may not have turned out to be "good and easy to win" for the United States, but some other countries have benefited from how higher tariffs have warped the global flow of agricultural goods. Argentina, Brazil, and Chile were the "primary beneficiaries of the retaliatory tariff increases," Carter and...

Only kidding, I don't think I would have ever been up for this. I can only think these guys are from an elite crack military unit. [embedded content]