Mike Norman Economics

Interestng reply tweets from Adams but he still doesn't get that its the methodology not the discipline that creates the 2 types.The Degree Programs are either B.A. or B.S. that create the "Artist" or the "Scientist".... not the "Artist" vs. "Economist"...Adam's training was a B.A. (methodology) in Economics (discipline)...His "critical thinking" is not found in a discipline it is a methodology that is ideally trained under the B.S. degree program which he never got...Here is a wiki on...

Unfortunately, money has not yet been abolished from economic theory, and we are stuck with pointless debates about banks and money creation. The latest salvo is "Banks do not create money out of thin air" by Pontus Rendahl, and Lukas B. Freund. As the title of this article suggests, Rendahl and Freund are incorrect in their assessment. I assume that the Rendahl/Freund article is a followup to previous arguments, such as a Thomas Hale article I discussed recently. Since I just addressed...

"Squirreling money under the mattress?" ?Zero HedgeHundreds Of Billions In Gold And Cash Are Quietly Disappearing Tyler Durden With the Hong Kong protests showing no sign of letting up, a new narrative has emerged; that anti-government activists are "sliding into terrorism with home-made bombs" designed to inflict mass casualties. On Sunday, Hong Kong police reported that they foiled a second bomb plot in under a week - arresting three men who were allegedly testing home-made devices and...

Michael Hudson filtering up. Zero HedgeCanceling Debt And The Debate Over 5,000 Year Old Economic Policy Tyler Durden

The left, right, and center disagree on the merits of socialism. But these disagreements are often impenetrable, as they rarely even agree which countries are socialist. Socialist skeptics point to Venezuela as an example of socialism run amok, while socialists point to the Nordics as evidence of its virtues. To counter the obvious success of the Nordics, some will define them as actually capitalist. The capitalism-or-socialism binary gets further complicated as debaters introduce terms...

Next installment of the Epstein saga. The plot thickens. Mint Press NewsFormer Spy Details Israel’s Main Motive Behind Epstein’s Sexual Blackmail Operation Whitney Webb

Must-read. Note: Xi Jinping was trained as a chemical engineer.Andrew Batson's BlogWhat Xi Jinping thinks about development economics Andrew Batson

Likelihood of a pullback is growing. Blame the Fed.

Sounds pretty good for the UK: U.K. Prime Minister Boris Johnson pledged to move quickly to take Britain out of the European Union, while promising to deliver billions of pounds in public spending to consolidate the Conservative Party’s once-in-a-generation gains among working-class voters still hurting from the financial crisis. Trump promises to move quickly on talks for a new U.S.-U.K. trade deal https://t.co/hzTqFgqDSM — Real Time Economics (@WSJecon) December 13, 2019

One News NetworkChina set to agree growth target of around 6% for 2020: NikkeiBolivia’s Morales lands in Argentina, will be granted refugee status HaAretzMost neo-Nazi music festivals are closely guarded secrets — not this one in Ukraine Michael ColborneBNE IntelliNewsRussia emerges as a top three fintech market Vladimir KozlovCheckpoint Asia — Anti EmpireRussia Needs to Stop Wasting Time on Diplomacy With the USA, Focus All Energy on Beijing, Delhi and Others Marko MarjanovićRTBerlin warns...