Mike Norman Economics

In a keynote address to the Alltech One virtual global conference last night Australian-time, Mr McWilliams, an internationally renowned speaker and one of the world’s most influential economists, drew from the work of his countryman WB Yeats to illustrate how previous periods of crisis have historically led to great renewal.…“When I worked in the Central Bank in Ireland, if you’d told me that the Federal Reserve was going to buy government bonds directly, was then going to buy corporate...

MMTed Q&AThe questions are rolling in – thanks – and we will begin our program next Wednesday (May 27, 2020). As part of the on-going development of our MMTed project, we are introducing – MMTed Q&A – which will be a weekly live program screening on Wednesday nights starting at 20:00 Australian EST. This will be at: 10:00 Dakar11:00 London12:00 Paris13:00 Helsinki19:00 Tokyo, Kyoto and Dili03:00 San Francisco06:00 New York The program will run for 30 minutes each week and the format...

Its Wednesday, so a collection of snippets, ads and music. One of the things I am working on as part of my book venture with Thomas Fazi, our followup to – Reclaiming the State: A Progressive Vision of Sovereignty for a Post-Neoliberal World (Pluto Books, September 2017) – is the way the Left and Right are responding to the current crisis. It is clear to me that the Right are seeing it as a way to really entrench new beach head gains on their long term agenda to divert public spending away...

Trump locking in the Evangelical vote (BIG!): A really great woman, and what a job she is doing! https://t.co/MSCOqbAH5Q — Donald J. Trump (@realDonaldTrump) May 20, 2020 DTs:

LOL well not anymore he doesn't.. or not at least until March 2021...Derby’s Take: Powell Sees Little Reason to Fret Over Fed Balance-Sheet Growth https://t.co/KYP2drXpbg— WSJ Central Banks (@WSJCentralBanks) May 20, 2020

As Carmen Parejo Rendón observes “what the US does not realize is that it keeps creating more enemies for itself and with this it is reinforcing multilateralism.” Internationalist 360ºUS Threatens to Prevent Iranian-Venezuelan Mutual Assistance William Camacaro, Frederick B. Mills, Danny Shaw

This is an important note and suggests the economy is dependent on the course of the pandemic. Expectations. Calculated RiskMerrill: "Most of the slowdown occurred due to voluntary social distancing rather than lockdown policies"Bill McBride Related at CRMay 19 Update: US COVID-19 Test Results

The evidence I was waiting for is now here. 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/

Nokia has set a new world record for the 5G speed, registering 4.7 billions of bits per second (Gbps) on a US operator's network in Dallas, the Finnish telecommunications company said on Tuesday. Latest from the technology wars. Sputnik InternationalNokia Says Broke 5G World Speed Record

“This statement is factually incorrect,” the Lancet said in a statement referring to Trump’s claims and allegations, which the journal described as “damaging to the efforts to strengthen international cooperation to control the pandemic.” Oops.RTStudy Trump cited in his latest attack on WHO does NOT EXIST, says editor-in-chief of prestigious medical journal