Mike Norman Economics

Positive article.Financial TimesStephanie Kelton: ‘They’re going to have massive deficits. And it’s fine’ Brendan Greeley

Interview with CRISPR co-inventor... I've watched some interviews with Dr. Doudna   ... what I noticed is that she doesnt use the word "find" at all... as in she is not trying to "find" something... she seems to be instead proceeding with purpose... non-Darwinian... [embedded content]

Whoa.... W....T....F....O....[embedded content]

Here we go again... A prominent Israeli mathematician, analyst and former general claims simple statistical analysis demonstrates that the spread of COVID-19 peaks after about 40 days and declines to almost zero after 70 days — no matter where it strikes, and no matter what measures governments impose to try to thwart it. Yeah but apex at what absolute number of acute?  and can you then accommodate that?This is like the debt doomsday morons always bitching about "debt as a % of GDP!".......

A study finds 50 to 85 times as many infections as known cases—meaning a faA study finds 50 to 85 times as many infections as known cases—meaning a far lower fatality rate lower fatality rate. Trish Keenan, the singer/ song writer in the British avant-garde band, Broadcast, was touring Australia 9 years ago when caught the flu and died of pneumonia. She was only 42. Covid-19 may be very contagious but could possibly less lethal than the flu, according to new research. The high numbers...

WEAK.... just WEAK.... The Bank of Mexico on Thursday rejected a proposal by President Andrés Manuel López Obrador, who was hoping for an advance on money... Mexican President Seeks Early Money Transfer From Central Bank https://t.co/uGKvByGVtt — WSJ Central Banks (@WSJCentralBanks) April 17, 2020

Interesting article at Nature.... Companies are doing their best to accelerate experimental drugs and vaccines for #COVID19 through the pipeline. Each faces its own set of challenges, but all agree on the need for a radical rethink of the clinical development process for pandemics https://t.co/8KUnbLzf22 pic.twitter.com/mOmfttYOQf — Nature Biotechnology (@NatureBiotech) March 22, 2020 No surprise...  the "out of money!" morons at work here too: In addition, John Rex argues that, since...

UN Secretary-General Antonio Guterres has said that the effects of the Covid-19 pandemic will massively increase poverty worldwide, as the number of confirmed cases continues to grow.... RTPossibly ‘deepest since Great Depression’: UN chief Guterres warns about pandemic-induced economic downturn

The Trump administration quietly ordered the transfer of some $342 million in funds from a Venezuelan central bank account at Citibank to an account controlled by opposition leader and self-proclaimed Venezuelan ‘president’ Juan Guaido at the New York branch of the US Federal Reserve.... Sputnik InternationalVenezuela Blasts Trump After Central Bank Assets Quietly Transferred to Guaido’s Fed Account

Mathew Seligman lost his fight against COVID-19. He had played bass for Morrissey, David Bowie, Sinhead O'Connor, Tori Amos, Chrissy Hynde, The Thomson Twins, The Soft Boys, and Robyn Hitchcock, amongst others. Outside of music he worked as a human rights lawyer.Robyn Hitchcock fondly remembers Seligman in his tribute, referring to him as “a joyous and funky bass player.” Hitchcock continued: “He made Underwater Moonlight an exuberant LP to record and listen to. His manic bass run at the...