Mike Norman Economics

One thing this crisis is demonstrating is that in modern capitalism it is workers and small businesses that bear risk to a greater extent that does larger capital... Defenders of "capitalism" will argue that the present system in not really capitalism since presently governments privilege capital and in a genuine liberal economics as the basis of ,capitalism, this would not be allowed.The retort is that, while this may be true theoretically (which is arguable, but that is beyond the scope...

For the last 40 years or so the world has been subjected to an economic model that rips the heart out of humanity and turns everyone against each other. This model is known as neo liberalism. However, there is a new model in town which seeks to replace it with a much more long term and kinder approach. Pre and post Covid-19 economies reveal the massive con across the planet by establishment politicians…

Deep dive into it.. Translated from science-speak, what this means is that if we analyze the entire RBD of the three strains, ignoring the obvious differences (i.e. non-synonymous substitutions) among them, which are mainly found in the RBM (which, recall, is identical between CoV2 and Pangolin), and construct a phylogenetic tree for synonymous substitutions, CoV2 is still closer to RaTG13 than to the pangolin strain. Which is rather strange in light of the fact that the pangolin strain and...

The National InterestHow J.R.R. Tolkien’s Personal Experience With World War I Impacted Lord of the Rings Warfare History NetworkIndependent Media InstituteHow the Chinese Authorities and the World Health Organization Handled the Coronavirus, and Why the WHO Didn’t Declare a Pandemic Until March Jenny PiersonThe Vineyard of the SakerThe AngloZionists are launching a strategic PSYOP against China The SakerThe American ConservativePlease Tell The Establishment That U.S. Hegemony Is Over Daniel...

Might be  looked at as a good opportunity to demonstrate military effectiveness under these conditions just to show adversaries you are still operationally effective militarily.... don't be surprised if an incident occurs over there... War drums? Iran responds to Trump warning about U.S. Navy vessels in Persian Gulf, promises retaliation. https://t.co/yIrDlZ3VKy — John Solomon (@jsolomonReports) April 23, 2020

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I see very few reasons to expect a return to pre-COVID normal in most countries any time soon. Countries will need to adapt to the "pandemic normal," where activities will have to in line with preventing super-spreading incidents. Right now, the economic concern is cascading business/household failures. Fiscal deficits will put a floor under that process. What will the new steady state look like? The main interesting question is how income flows are re-shaped.... I have a couple of...

TRANSCRIPT: US CORONAVIRUS ‘BAILOUT’ SCAM IS $6 TRILLION GIVEAWAY TO WALL ST – ECONOMIST MICHAEL HUDSON EXPLAINS21 APRIL 2020BY MODERATE REBELS Facing the Covid-19 pandemic, the US Congress rammed through the CARES Act — which economist Michael Hudson explains is not a “bailout” but a massive, $6 trillion giveaway to Wall Street, banks, large corporations, and stockholders.Max Blumenthal and Ben Norton discuss the enormous financial scam with Hudson, who reveals how the economy actually...

Mnuchin bailed their asses out by increasing TGA by $600B last 30 days... they're lucky...Americans' confidence in the leadership of the Federal Reserve has reached a 15-year high https://t.co/oPZLAW2iKh— Bloomberg Economics (@economics) April 23, 2020

I'm teaching data mining this semester, but The Kids were understandably interested in epidemic modeling, so I gave a lecture on it for the special-topics day in the syllabus. They liked the slides, and some people who saw them did to, so if you want a basic introduction the classic susceptible-infectious-removed model of epidemics, and how it plays with network structure, here you go. A Very Introductory Lecture on Epidemic ModelsThree-Toed Sloth