Mike Norman Economics

Get ready for tectonic changes in policy.

This guy a MAGA Trump insider perhaps in line for AG (probably too much to hope he gets it 🙏🏻) but it’s revealing that he mentions the bankruptcy first…Trump’s opponents attempted to bankrupt him for non-fraud.And imprison him for life for non-crimes.And take him off the ballot.And take off his head. Now they want “unity”?Fuck them.Let’s unify them in prison.— 🇺🇸 Mike Davis 🇺🇸 (@mrddmia) November 8, 2024 Biden 2022 rate increases were unprecedented… so you can see what they did they put the...

Something I am hoping for.

Powell and FOMC members are Democrats.

What monetarists. deficit hawks, and debt phobes don't get. Quotes by Abba Lerner and John Maynard Keynes.Lars P. Syll’s BlogFunctional financeLars P. Syll | Professor, Malmo University

A massive release of pent up angst.

Minsky quote that underlies not only Keynes but also MMT.Lars P. Syll’s BlogOn Sraffa and KeynesLars P. Syll | Professor, Malmo University

It’s a good day!

Stick to the process. It breaks down to increments.

We will need weeks, months, years to fully grasp the enormity of what took place in Kazan during the annual BRICS summit under the Russian presidency.For the moment let’s cherish arguably the most appropriate definition of BRICS as a laboratory of the future: this lab, against nearly insurmountable odds, is actively engaged in creating a Sovereign Harmonious Multi-Nodal World.My take is that there were two tracks leading up to the meeting of BRICS+ in Kazan. The first track was widely...