Mike Norman Economics

Mathematicians and neuroscientists have created the first anatomically accurate model that explains how vision is possible. “A lot of the things you think you see you’re actually making up,” said Lai-Sang Young, a mathematician at New York University. “You don’t actually see them.” New research suggests mathematics is the key. For the past few years, Young has been engaged in an unlikely collaboration with her NYU colleagues Robert Shapley, a neuroscientist, and Logan...

Russia Is Switching to Electronic Labor Books There Will Be More Self-employed Workers The list of goods subject to mandatory marking will be expanded Personal income tax for non-residents will be decreased AwaraMajor Changes in Russian Legislation for Business in 2020

Video interview and transcript.Michael Hudson — On Finance, Real Estate And The Powers Of NeoliberalismEquilibrium Theory and Near East EconomicsMichael 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 University

Invest and trade 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/

Mathew Goodwin is a Professor of Politics at Kent University UK, and here he talks to the conservative TRIGGERnomentry blog about why the British Labour Party lost the general election. It's a tough listen for liberals like me, but these things need to be faced. Mathew Goodwin is slightly left leaning, especially on economics, but he may be more socially conservative than I am. As you may know, I have often said that I don't like extreme immigration which causes traditional culture to be...

I’ve polished off Angus Burgin’s The Great Persuasion, recommended to me by a colleague after Daniel Stedman-Jones’s Masters of the Universecropped up in conversation. I read the latter when it came out in 2012. It made a strong impression on me with its account of the way the creation of the climate of ideas conducive to Thatcherism and Reaganism came about as a conscious long-term project on the part of a number of free market think tanks on both sides of the Atlantic, as well as some...

I saw a high profile comment to the effect that the business cycle was abolished recently. Since I will be plugging a book on recessions shortly, that represents a risk to my business plans. I do not wish to go through what exactly was said elsewhere (mainly because I did not go through the details of the argument), but just give my spin on the idea. If we stick enough qualifications into how we express ourselves, it is not that controversial an opinion.... Bond Economics End Of...

It is Wednesday and I have a long trip by plane and road to Victoria where I am speaking at a major business conference in the mountains outside of Melbourne tomorrow morning. So only a few things today that I have been thinking about. Remember the 2010 film – Inside Job – which documented how my profession had become corrupted by the financial services sector into producing, allegedly, independent research reports extolling the virtues of deregulation etc and not admitting they were being...

Some technical analysis of the recent tragic helicopter flight:[embedded content]

Trump still advocating for a competitive "Full Japan" policy... ie zero rates and then QEmax to "pay off" the debt...He'd have to figure out a way to get rid of Powell and most of the FOMC to get this...  maybe if the Fed loses control of the policy rate again (like they did in September) he could gain cause to fire them all... ie two strikes and youre out...Treasury would have to rapidly increase the TGA from its current cycle high balance to get that...  not seeing that in the cards...