Mike Norman Economics

In this rare video from 1987 (there is very little surviving footage of Minsky discussing his work), Hyman Minsky summarizes his theory of the financial fragility at the heart of modern capitalist economies: Multiplier EffectMinsky Explains Financial Instability Michael Stevens

By ensuring the lower and underclasss get a higher quality of life, people can become more productive, brighter, and happier, which can increase economic output, reduce crime, drink, drug abuse, and save society money in the long run.Poverty can set to a viscous circle which can run on for generations due to epigenetics, also known as gene expression.These two mice below are genetic clones, but the vitamins and food they were given was different. Our first few years of life play a crucial...

Childhood stress or chronic childhood unhappiness can alter the gene expression resulting in chronic, severe, and treatment resistant forms of depression, as well as chronic mild depression, known as dythymia.People with this disorder cannot manufacture acetyl-l-carnitine properly, but amazingly, supplementing with Acetyl-l-carnitine not only relieves the depression (and often within days), it can also repair the faulty gene expression leading to a lasting cure.LAC - Acetyl-l-carnitine That...

Repo.Credit SuisseGlobal Money Notes #26 Countdown to QE4? Zoltan Pozsar

Black budget. Defense One As Secret Pentagon Spending Rises, Defense Firms Cash in Marcus Weisgerber Economics IntersectThe World's Biggest Arms-Producing CompaniesNiall McCarthy

Michael Roberts reviews and critiques The Debt Delusion by John Weeks.Michael Roberts Blog — blogging from a marxist economistThe debt delusionMichael Roberts

LOL what do these Bloomberg journo morons think the Fed has been doing by reducing system Reserves by $50B/mo for the last 3 years?????Ever take a f-ing Accounting course you unqualified assholes????? Even as hedge funds and smaller broker-dealers lean more heavily on the biggest U.S. banks for borrowing in repo markets, the lenders’ cash holdings have been declining https://t.co/ug3c7LTkUz pic.twitter.com/mqOXz5vn92 — Bloomberg Markets (@markets) December 10, 2019

Retired Australian diplomat Tony Kevin, in conversation with former Australian Foreign Minister Bob Carr, says the West is unnecessarily determined to undermine Russia.De At an event last week in Sydney, Kevin and Carr discussed how the West, led by the United States, has been on an aggressive campaign to destabilize Russia, without cause. When Kevin said he returned to Russia after more than 40 years in 2016 he realized he “had to take sides” in the U.S.-Russia standoff when all Nato...

OilpriceChina Is Winning The Offshore Oil Game Julianne Geiger Zero Hedge'A Clear Abuse': Barr, Durham Object To IG FISA Probe Findings In Stunning Statements Tyler Durden John Solomon ReportsJust how bad was the FBI’s Russia FISA? 51 violations and 9 false statements John SolomonSana (Syria)The interview that Italian Rai News 24 refrained from broadcasting… Zero HedgeChina's Central Bank To Lead Real-World Pilot Of Digital Yuan: Report William Suberg via CoinTelegraph.com Sputnik...

There was an IMF paper released in April 2018 – The Aggregate and Distributional Effects of Financial Globalization: Evidence from Macro and Sectoral Data – that had a long title but a fairly succinct message. It indicates that the IMF is still in a sort of schizoid process where the evidential base has built up so against the political voice and practice that the IMF has indulged itself as a front-line neoliberal attack dog that elements in its research division are breaking ranks and...