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Mike Norman Economics

Maher presses Pelosi on coronavirus spending: “Funny money” may collapse economy into depression

LOL!  Loonie lefty losers fellow TDS deranged hero Maher busting Nervous Nancy on all the "funny money!"....  can't make it up!Yeah fiscal transfers are going to reduce consumption component!  LOL!!! WATCH: Maher presses Pelosi on coronavirus spending: "Funny money" may collapse economy into depression https://t.co/Lsdwk3eeVa pic.twitter.com/V42wDOAhB6 — The Hill (@thehill) April 25, 2020

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New round of direct cash payments to U.S. households and smallest businesses

Wow: Democrats are considering proposing a new round of direct cash payments to U.S. households and extending a similar benefit to the smallest businesses, as they struggle to get federal loans.  Wyden, the top Democrat on the Senate Finance Committee, wants to extend those cash payments to what he calls “the smallest of the small businesses.”  Wyden’s plan, and a similar proposal in the House, would give small businesses up to $75,000 as they struggle with closures and drop-offs in...

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Sweden resisted a lockdown, and its capital Stockholm is expected to reach ‘herd immunity’ in weeks

This is good news, although some older people have died because it spread through care homes. But shutting down the economy risks lives too in the long run.The impose a lockdown amid the coronavirus outbreak. The strategy — aimed at building a broad-base of immunity while protecting at-risk groups like the elderly — has proved controversial. But Sweden's chief epidemiologist has said "herd immunity" could be reached in Stockholm within weeks. Sweden resisted a lockdown, and its capital...

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What I’ve Learned Treating Patients Suffering From COVID-19

This disease is like nothing I have ever seen in my career As a critical care medicine specialist, I am used to seeing the sickest of the sick. I am used to seeing patients with respiratory failure. I am used to seeing patients in shock. I am used to seeing patients gasping for air, with dangerously low oxygen levels. I am used to seeing patients in kidney failure. Never, however, have I seen patients as sick as those with COVID-19. What I’ve Learned Treating Patients Suffering From...

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A Refutation of Academic Agent’s “Debunking Modern Monetary Theory (MMT)” — Lord Keynes

Academic Agent – a YouTube libertarian and unusually ignorant advocate of Austrian economics – tries to refute Modern Monetary Theory (MMT) in this video:… Let us run through this video and refute Academic Agent’s arguments point by point: Social Democracy For The 21St Century: A Post Keynesian PerspectiveA Refutation of Academic Agent’s “Debunking Modern Monetary Theory (MMT)”Lord Keynes

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