Mike Norman Economics

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

Debt-deflationary depression in the works?Zero HedgeMitch McConnell Says Struggling States Should File For Bankruptcy Tyler DurdenalsoVoxPoll: 53 percent of lower-income US households won’t be able to pay all of April’s bills Katelyn Burns

Who is this man? I just find him and talk to him! pic.twitter.com/aUSNVElEkz— Dave Rubin (@RubinReport) April 22, 2020

Gasoline demand rises by the most in 5 weeks. Distillate demand the most in 6. Green shoots? 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/

Reminiscence of the Future (Why the US is delusional. It's about "tangibles" (real resources rather than financial). Tangibles, Yet Again. About "Hegemony". Fast Thought. Plans Within Plans, Within Plans....Andrei Martyanov Fort Russ (declaring a red line)China Warns Any Attempt to Deny its Sovereignty in South China Sea is DoomedDrago Bosnic FAIR Media Fail to Identify Xenophobia as Biden Says Trump ‘Rolled Over for Chinese’ Julie Hollar Fast Company (next flu season)CDC...

It is Wednesday and I offer a few snippets for readers today. I have a number of projects on the go at present and time is short today. Apart from introducing a stunning guitar player (now long dead) that very few people have ever heard of but is one of my favourites (what does that say?), I ask the question: Why does anyone read the New York Times? I also announce the development and publication of our latest Employment Vulnerability Index (EVI) now in its third iteration. You can look at...

May crude went off the board in positive territory, but storage problems persist. Production has to fall dramatically, and it will. 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/

French AIDS researcher says its man-made:Man who discovered HIV says Coronavirus contains HIV DNA fragments and is lab createdhttps://t.co/7e6D40t3XB— Luke Rudkowski (@Lukewearechange) April 17, 2020

This op/ed is reposed from the Washington Post. When Michael Hudson, a professed Marxist economist, makes the WaPo you know that the times are a-changin'.Real-World Economics Review BlogA debt jubilee is the only way to avoid a depression Michael Hudson | President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City, and Guest Professor at Peking...