Mike Norman Economics

Consortium NewsHyper Over Russian Hypersonics Michael Brenner | Professor of International Affairs at the University of Pittsburgh true economics15/1/20: Putin's Latest Call Option BuyConstantin Gurdgiev | chairman of the Ireland-Russia Business Association, contributor and former editor of Business & Finance Magazine, and lecturer in Finance with Trinity College, Dublin Common DreamsBlaming 'Flawed and Sexist' Capitalist System, Oxfam Report Finds 2,153 Billionaires Wealthier Than...

A majority of people think that the rich are getting richer while the rest of society struggles, according to a new report. Fifty-six percent of general population respondents to a study by consultancy Edelman agreed with the statement: "Capitalism as it exists today does more harm than good in the world," while 78% agreed that "elites are getting richer while regular people struggle to pay their bills." CNBC Most people think capitalism does more harm than good, survey shows

An excellent video of how the fossil fuel companies managed to discredit climate change scientists, although the allegations were based on falsehoods.Documentary that reveals the truth behind a notorious incident in 2009, when a growing international consensus on climate change was derailed by one of the biggest scandals in modern science. For the first time, all the key players recount the events and what really happened during 'Climategate'. Thousands of emails hacked from the...

On August 10, 2015, the Library of the Canadian Parliament released one of their In Brief research publications – How the Bank of Canada Creates Money for the Federal Government: Operational and Legal Aspects – which described the operational interactions between the Bank and the Canadian Treasury that facilitate government spending in some detail. It allows ordinary citizens to come to terms with some of the essential capacities of the currency-issuing Canadian government, which Modern...

There are all of these articles out there about how much the Fed has increased Reserve Assets at the Depositories and how it is somehow causing the recent increase in equity share prices... here are the statements:From Dec. 11 red circle: Here from Jan. 15 red circle: they haven't even been increased in over a month... Reserve Assets at the Depositories have been STABLE for the last month... HELLO!!!!Reserve Assets at the Treasury (blue circle) however HAVE BEEN increased by fiscal...

How the World works!Leaked documents reveal how Africa's richest woman made her fortune through exploiting her own country, and corruption. Isabel dos Santos got access to lucrative deals involving land, oil, diamonds and telecoms when her father was president of Angola, a southern African country rich in natural resources. The documents show how she and her husband were allowed to buy valuable state assets in a series of suspicious deals.BBC - Isabel dos Santos: Africa's richest woman...

Dances with BearsPRESIDENT PUTIN TRIES GREENING – REDUCES CARBON FOOTPRINT OF PRIME MINISTER MEDVEDEVJohn Helmer Fort RussSecurity Expert: US Relocating ISIS terrorists to Iraq in an Attempt to Nullify Iraqi Parliament’s Pull-Out DecisionDrago BosnicFort Russ News IRA makes vow: Will meet British Occupational Force with ForceJoaquin Flores SouthFrontBoris Johnson: No Normalization With Russia Until Its Current Regime Is Eliminated The Grayzone (Video) What’s happening in Russia: Putin’s...

Video of 2020 Harcourt Lecture at the University of Adelaide. No transcript.Brave New EuropeStephanie Kelton – The Deficit MythMathew D. Rose

One of the distinctive features of Modern Monetary Theory (MMT) is the choice of variables used by policymakers to guide he economy. The choices are unconventional: interest rate policy is downplayed or even eliminated, while the requisition price used by the fiscal arm of government is emphasised. This can be seen in the structure of the Monetary Monopoly model (link).... Bond Economics MMT And Policy VariablesBrian Romanchuk

This was a very difficult video to watch, which I thought it was going to be deeply spiritual, but it wasn't really like that at all, although it was very profound.I was going to write a summary of the video, like I often do for those who don't time to watch, but I realised I would spoil it. I'll just say it's incredibly sad and shows how difficult life can be, especially at the end.It was very sad when Herbert Fingarette spoke about his late wife, and it was very sad when he was in the...