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Barkley . . .

Dan Crawford: The passing of Barkley Rosser is terribly sad news. Angry Bear has had connection to Barkley since 2006 at least. He was also instrumental for helping Bruce Webb and the topic of Social Security gain traction nationally. Tyler Cowen posted a link to his profile “Man in motion,”- JMU at James Madison University. “What economist J. Barkley Rosser can teach us about how we adapt to a changing world.“...

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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

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Giving bread-basket Farmers the Ability to repair their Tractors

‘Right-to-repair’ advocates skeptical of John Deere agreement, NPR, Joe Hernandez Pulling from NPR’s Joe Hernandez’s article and adding some of my automotive background. to explain. Like automobiles, tractors have gone high-tech using on-board computers and semi-conductors to run various systems within cars and also farm tractors. This includes systems such as fuel injection to oxygen ratios, ignition, timing, temperature, and the overall...

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The December jobs report: more deceleration

Scenes from the December jobs report: more deceleration  – by New Deal democrat The only significant economic data this week will be released on Thursday, with both CPI and jobless claims. In the meantime, let’s take a closer look at the jobs data we got last Friday. As indicated in the title of this post, the theme was “deceleration.” First, here is the long term YoY look at total employment (blue), employment in goods-producing industries...

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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....

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Social protection for the self-employed

The Covid-19 pandemic highlighted the urgent need for a universal social protection floor—something that has been talked about and even internationally accepted for more than a decade now, but has still received relatively little serious attention from policy makers in most countries. The challenge is to ensure basic levels of food, health, income and livelihood security, not only in periods of crisis like the pandemic or economic shocks but also in the “normal” course of economies and...

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The main reason for the decline in inflation since June

In which I quibble with Prof. Alan Blinder about the main reason for the decline in inflation since June  – by New Deal democrat Alan S. Blinder is getting traction for an opinion piece published in the WSJ concerning the big decline in inflation since June. He acknowledges that“ energy inflation played a meaningful role” but that “the rest of the stunning drop in inflation in 2022 [is] due …  What did change dramatically was the supply...

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