Mike Norman Economics

This primer outlines why the Zero Interest Rate Policy (ZIRP) is the most effective and equitable approach for the UK economy. It explains why interest rates should be permanently set to zero, how banking reform can create a more stable and fair financial system, and why clear, enforceable, and accountable loan regulation is essential for long-term prosperity.New WaylandZero Interest Rate Policy (ZIRP) PrimerNeilW

Lol, Trump and Elon are going to check to make sure it’s still there. 

“…whenever I am studying European data I think how stupid the European Monetary Union (EMU) is from a modern monetary theory (MMT) perspective.“ MMT Economist Bill MitchellMMT101.ORG - Learn Modern Monetary Theory (MMT)The Introduction of the Euro – A Catalyst for Eurozone Economic Decline?The Effects of the Euro: An Analysis from a Modern Monetary Theory (MMT) Perspective.Jim Byrne - MMT101.ORG

Investors got spooked but conditions are still bullish.

Good short explanation of MMT by an educator. (10 min. read)Pass it on.EducationYou Know Nothing About Economics—But there is no shame in thatThomas Swan

I don’t short the market anymore.

That all these “savings” will be given back to us.

 This working paper integrates the credit money approach (associated with Post Keynesian endogenous money theory) with the state money approach (associated with Modern Money Theory) by drawing on Wray’s 1990 book (Money and Credit in Capitalist Economies: The Endogenous Money Approach, Edward Elgar), his 1998 book (Understanding Modern Money: the Key to Full Employment and Price Stability, Edward Elgar), and his 2004 edited book (Credit and State Theories of Money: The Contributions of A....

Today (February 13, 2025), MMTed releases Episode 11 in the Second Season of our Manga series – The Smith Family and their Adventures with Money. Have a bit of fun with it while learning Modern Monetary Theory (MMT) and circulate it to those who you think will benefit....William Mitchell — Modern Monetary TheoryEpisode 11 (S2) of the Smith Family Manga is now available – intergenerational tensions arise within the Smith householdBill Mitchell | Professor in Economics and Director of the...

There’s many out there funneling money to us.