When the monetarist zombie bears start running for cover. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.mmteconomics.com/ Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/ Understanding the Daily Treasury Statement video course. https://www.pitbulleconomics.com/understanding-daily-treasury-statement-video-course/?s2-ssl=yes
Read More »What task do you hate?
There are things we hate to do, but we must do them. Here are a few of mine.
Read More »China now publishes more high-quality science than any other nation—should the US be worried? — Caroline Wagner
By at least one measure, China now leads the world in producing high-quality science. My research shows that Chinese scholars now publish a larger fraction of the top 1% most cited scientific papers globally than scientists from any other country.I am a policy expert and analyst who studies how governmental investment in science, technology and innovation improves social welfare. While a country’s scientific prowess is somewhat difficult to quantify, I’d argue that the amount of money spent...
Read More »ChatGPT vs google
I’ve never understood the technical respect people have for google… it just takes your search word and inserts it into an advertisement ignorant of context... that’s all it really does …. I wrote that same program in high school back in the 80s … this ChatGPT thing might be a game changer…ChatGPT vs Google: pic.twitter.com/53pbrVocDF— ChatGPT (@ChatGPTGoneWild) January 10, 2023
Read More »Let’s gooooooo!!!!!!!!
Last year was a test of your resilience. Starting this year too. Will you quit or persevere? Lessons to be learned. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.mmteconomics.com/ Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/ Understanding the Daily Treasury Statement video course....
Read More »Russia’s budget deficit widens to a record
Now we got'em on the ropes!Russia’s budget deficit widens to a record as revenues plunge amid oil export restrictions and spending on the invasion of Ukraine grew https://t.co/duUhiufXzP— Bloomberg Markets (@markets) January 10, 2023
Read More »We gotta talk about Kevin McCarthy
The new Speaker of the House has vowed not to raise the debt ceiling. This could be problematic. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.mmteconomics.com/ Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/ Understanding the Daily Treasury Statement video course. https://www.pitbulleconomics.com/understanding-daily-treasury-statement-video-course/?s2-ssl=yes
Read More »50 Years After Allende at the UN: a Corporate Triumph Named Multistakeholderism Lynn Fries
Video and transcript.Subject: global corporate totalitarianism.Naked Capitalism50 Years After Allende at the UN: a Corporate Triumph Named MultistakeholderismLynn Fries interviews Harris Gleckman, Senior Fellow at the Center for Governance and Sustainability, UMass-Boston; Director of Benchmark Environmental Consulting, and Board Member of the Foundation for Global Governance and SustainabilityOriginally published at GPE Newsdocs
Read More »Bill Mitchell – US labour market continues to grow as more working age people find jobs
Well, happy 2023 to all my readers. We are back for another year – the 19th in this blog’s existence. All the observers have been waiting for a sign that the US interest rate hikes are slowing the US economy down, which is the mainstream logic that has been used to justify the regressive policy shift. The data, so far, suggests that the inflationary pressures are subsiding as a consequence of the factors other than the interest rate changes which seem to have done little other than...
Read More »The Difficulty Of Modelling Banking — Brian Romanchuk
Banking is an ongoing area of controversy in popular discussion of economics and finance. What sets it apart from other areas of economic controversy is that it is not seen as contentious by the mainstream. This has meant that arguments are largely done at the fringes, and generally ignored by conventional economists. I see two main drivers of the difficulties in dealing with the subject: ideology and theoretical intractability.Editorial note: this article is meant to be an introductory...
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