Mike Norman Economics

I've been debating with the deniers for three weeks now on twitter and its been pretty heated at times. Some of these deniers are very clued to up on 'denial science' so it's been tough going and I'm having to learn all about the Medieval Warm Period and the Little Ice Age. But I'm not on my own this time and some very clued up people are on my side.The deniers call us Alarmists,  but many adolescents now suffer from Climate Change Anxiety Disorder and many of the climatologists themselves...

Not specifically about MMT but this: Now, Covid-19 could be a great opportunity for the United States and, also, for the world economy. With interest rates nearing zero, this could be a good opportunity to use fiscal policy to revive the economy. This is something that the defenders of the so-called Modern Monetary Theory, such as the former chief economist of the International Monetary Fund, Olivier Blanchard, and also many banks, have been calling for for years, seeing how their margins...

Getting the carbon back into the soil by grazing animals on it. The soil can take a lot of carbon, but not forever, although it can give us a big window to switch away from fossil fuels.Turning the land back to its natural habitat is appealing, and it will lower the use of fertilisers and chemicals used. It gets the animals out of the cruel factory farms tooSlabbert says he has rejuvenated the land by drastically increasing his cattle herd. He hems the animals into a rectangular patch of...

Tucker Carlson is an interesting guy, and here he is sticking up for workers. He is no libertarian.He doesn't like too many immigrants coming into the US, which the the liberals attack him for, but on this issue, the left agrees with him, as they do on many other issues too.Maybe for some people at least, there is a common ground opening up between left and right. [embedded content]

Fed wonders why markets are reacting like this, particularly rates, after its panicky rate cut and, oh yeah, it's still buying $80 bln/mo of securities. Trade and invest using MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/

Nothing has changed....[embedded content]

And we STILL have 5 more weeks of this Fed buying all of the net issuance... STILL... this is just like last summer under "debt ceiling!" only no "extraordinary measures" available...  Fed is just buying...  IT... ALL...  5 more weeks... STILL!...I had hoped Mike's "full Japan" would take a nice slooooow year or two to sell some UST puts every week and make a $bazillion ...  but looks like it may only take a month at this rate oh well... foiled again! ...They could put the whole 4T into 10...

Checkmate.. AGAIN... for like the 1 thousandth time..."It's an incredible way of putting it." pic.twitter.com/HJ74AkOBr3— Aaron Maté (@aaronjmate) March 6, 2020

Researchers can now link weather events to emissions – and to the companies responsible. A string of lawsuits is about to give “attribution science” a real-life test. Richard Heede spent a decade digging through “disheveled, dusty” tomes in libraries around the world searching for the answers he thought could help save humanity. The Norway-born academic’s task was direct, but far from simple: Find out how many greenhouse gases the world’s fossil fuel companies, cement-makers and...

It might be a bit of sales pitch to get more investors on board, as these companies always need more funding, but it looks good. They say they may need some government funding to bring it to market.They say they will be able to develop small low cost versions for trains.CEO of TAE Technologies Says They Will Begin Commercialization of Fusion by 2023