Mike Norman Economics

What??? Dont LEND them the munnie???? Actually use fiscal policy you say????  Blasphemy!!!!(This is gonna cost a lot more than Japan's $2B they are throwing at the same policy...) Larry Kudlow suggests the Federal government pay 100% of the cost of moving American factories out of #China: https://t.co/chtlAR6Me3. That's a great idea, especially if Prez #Trump at the same time orders them home. #BoycottChina #ProximityManufacturing @BRICBreaker — Gordon G. Chang (@GordonGChang) April 11,...

'I think there’s a high chance that it will work based on other things that we have done with this type of vaccine It has a 80% chance of working, says Professor Sarah Gilbert, so much so, that she has advised the government to start manufacturing now so it will be ready as soon as it passes its trails.  Sarah Gilbert is a professor of vaccinology at the University of Oxford and leads a team of researchers in developing a vaccine for the coronavirus, which has so far infected more...

Interview with Bill Mitchell Otago Daily Times (NZ)Much ado about nothing?Bruce Monroe

This should be fundamental in anyone's understanding of MMT. See Randy Wray, MMP BLOG #8: TAXES DRIVE MONEY. Taxes drive money. One of the most important powers claimed by sovereign government is the authority to levy and collect taxes (and other payments made to government including fees and fines). Tax obligations are levied in the national money of account—dollars in the US, Canada, and Australia, Yen in Japan, Yuan in China, and Pesos in Mexico. Further, the sovereign government also...

Hume Liberal Art trained (B.A. in English UVa 1965) doesnt understand functional relationships like Dr. Fauci does... and is instead pointing towards useless stochastic analysis as if it has any value...Hume doesn't understand the lack of efficacy of stochastic analysis....  Fauci in contrast is highly trained in functional relationships in immunology so any type of stochastic analysis is always going to look at least questionable if not stupid to him... I understand Fauci here...Its the...

Coronavirus death rates are almost six times lower in countries with a widespread vaccination programme involving the Bacillus Calmette-Guérin (BCG) jab, a new study has found. The BCG vaccine gives immunity to tuberculosis, but mass vaccination was dropped in the UK in 2005 when rates of the lung infection dropped. The Telegraph - BCG jabs mean you are six times less likely to get coronavirus, study finds

With conspiracy theories upon conspiracy theories you begin to doubt everything in the end. A British journalist - who does get his documentaries out on the mainstream media - did one about how the establishment confuses us with constant contradictory information, so that no one really knows what is going on anymore.I think Putin is right here, though. [embedded content]

A real conspiracy! [embedded content] The story of how a trillion dollar fighter jet that never worked helped place you in danger

British animal feed companies turned the unwanted remains of dead animals into animal feed for vegetarian animals, turning many of them into cannibals. British farmers also nearly infected the whole nation with Bovine Spongiform Encephalopathy (Mad Cow Disease).I went to a Red Cross site to give blood this week, but was told to leave without donating. Turns out I’m in a “deferral” category, having spent more than three months in Britain between 1980 and 1996. It’s related to mad cow and...

Using government spending power to bail out financiers and rentiers makes a travesty of MMT.... Naked CapitalismThe Use and Abuse of MMTMichael Hudson, research professor of Economics at University of Missouri, Kansas City, and a research associate at the Levy Economics Institute of Bard College, with Dirk Bezemer, Professor of Economics at the University of Groningen in The Netherlands, Steve Keen, Professor and Distinguished Research Fellow at the Institute for Strategy, Resilience and...