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Mike Norman Economics

Links 1 Jan 2020

ForbesNASA Says Earth Is Greener Today Than 20 Years Ago Thanks To China, India Trevor Nace | Senior ContributorUniversity of LeidenTsinghua and Leiden researchers find that China is crucial for realising a circular economy Note on a new bookOn the Great Russia Caper Matt Taibbi RTHong Kong residents ‘overwhelmingly’ against independence from China – poll Zero Hedge"Revolutionary Changes In Public Opinion" - Gallup's Decade in Review: 2010-2019Tyler Durden RTHeil Bandera: Ukrainian...

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Bill Mitchell — A conversation between MMT founders

A different blog post today. On November 29, 2019, I sat down with my friend Warren Mosler in Newcastle, Australia while he was on his more or less annual visit to see us. We decided to film a conversation we had about the origins of Modern Monetary Theory (MMT), how we came to it, the current state of MMT and future trends, including being part of the narrative surround the Green Transition. You will hear our concern about how the work we put in place at the outset is now being used in...

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Creepy commercial

This thing from InBev is getting cycled through all the Bowl games this week...I'm getting a human trafficking vibe off this f-ing thing...  creepy.... creeeeeee-peeeeee... They gotta pull this thing... makes me want to never buy Modelo ever... (I don't think I ever will now..)And where do they get the idea that an Irish bar is going to feature Modelo????Whole thing is  weird.... oooh...... rama...[embedded content]

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Tyler Durden – Giuliani Says Ukraine Corruption Came From ‘Highest Levels Of Obama Administration’; Wants To Testify, Try Case

Could the wheels fall off the wagon for the centrist Democrats, let's hope so? Not that the Republicans are much better. Bernie's for me. Rudy Giuliani is not only willing to testify in President Trump's Senate impeachment trial, he wants to "do demonstrations" in order to outline what he described as a "series of criminal acts" involving "the highest levels of the Obama administration," adding that Democrats Adam Schiff and House Speaker Nancy Pelosi will go down in history like Joe...

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Report: Major European cities will be sunk beneath rising seas from climate by 2020

Where is these nutter people's downside now that they are proven wrong?  Where?I don't see it... 2004: "secret report, suppressed by US defence chiefs, warns major European cities will be sunk beneath rising seas as Britain plunged into 'Siberian' climate by 2020. Nuclear conflict, mega-droughts, famine & widespread rioting will erupt across world." https://t.co/wFcNNKU5dg — Mollie (@MZHemingway) December 31, 2019 Here's another one same thing, just different time domain...

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Left Behind: How Privatization Disenfranchises the Poor and Endangers Democracies

Public services are dividing countries instead of uniting them. I remember how I loved the old British Rail, well, I just liked trains, I guess, and train bridges. There was a lovely enchantment to the old British Rail. I also loved the London Underground. Public utilities were a service to the citizens because we deserved it, we were valued, but now a person's only worth is his money. In Democracies Are Fighting for Their Lives, Joergen Oerstroem Moeller described how democracies...

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Robert Reich tweet – AT&T

AT&T is laying off thousands of workers at the beginning of the year without severance pay.  Instead, the employees will have to train their foreign replacements.  At the same time, the company saved $3B thanks to Trump's tax cuts.  Trickle down economics is a cruel joke.

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This decade belonged to China. So will the next one Martin Jacques

The west is still finding it extraordinarily difficult to come to terms with China’s remarkable ascent The West took over the world by military conquest and technological achievement, but China is now doing the same, but only with technology and commerce. China's wealth is built by hard work, not conquest.Many Western economists and academics said China was an economy built on steroids with printed money and would soon collapse, but it was the West that collapsed instead - in 2008 - and we...

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