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Mike Norman Economics

Italians Found Way to 3-D Print Key Ventilator Piece for $1 to Help Battle Coronavirus—So the Company With the Patent Is Threatening to Sue

There were people whose lives were in danger, and we acted. Period." The manufacturer sells the part for £11,000, but they were out of stock so a couple of guys 3-D printed the parts for a dollar each instead. The parts saved the lives of eight people, but the manufacturer is threatening to sue. After two Italian volunteers used a 3-D printer to manufacture a desperately needed ventilator component for those stricken by the coronavirus, the medical company with the patent for...

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Excercise and Immunity

Years ago I remember reading how vigorous excercise suppresses your immune system, which seemed contrary to all the other benefits that excercise brings. I'm a keen cyclist so I thought I would check it out and it turns out new research shows it isn't true. Excercise is more likely to strengthen your immune system.We do not know exactly if or how exercise increases your immunity to certain illnesses. There are several theories. However, none of these theories have been proven. Some of...

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Senate weighs emergency coronavirus pandemic funds; Trump seeks $850 billion more — David Shepardson, Susan Heavey

The U.S. Senate on Tuesday prepared to weigh a multibillion-dollar emergency spending bill passed by the House of Representatives offering economic relief from the coronavirus pandemic as the Trump administration pressed for $850 billion more.... Reuters Senate weighs emergency coronavirus pandemic funds; Trump seeks $850 billion moreDavid Shepardson, Susan Heavey

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Coronavirus: All Citizens Need an Income Support — Jim O’Neil

Against the background of the previous economic crisis from 2008, and the apparent difficulties that more traditional forms of economic stimulus have faced in trying to help their economies and their people — especially against a background of low wage growth, and actual and perceived rising inequality — other ideas have emerged. Both modern monetary theory and universal basic income essentially owe their roots to the judgement that conventional economic policies have not been helping. At...

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