Mike Norman Economics

If you use the words, neocon, neoconservative, or neoliberal on the internet they are watching you. They also know who you are following on social media and they may be trying to block other people from finding you. [embedded content]

Such positions on war and U.S. foreign policy effectively make her a pariah to establishment media pundits and the political class. But her anti-establishment politics do not end there.…“We have to dig a few layers deeper as people are running for office, say what do you actually stand for?” she said on “The Jimmy Dore Show.” “What is your vision for this country? That’s the debate that we will have to have in Congress should Democrats win over the House or win more seats in the Senate....

Gives new meaning to "market forces." Shades of a transnational corporate military not subject to international law? Really?Zero HedgeBlackwater Founder Says US Troops In Syria Could Be Replaced By Private Contractors [read mercenaries]Tyler Durden

...the mass media is not in the business of reporting facts, it’s in the business of selling narratives. Even if those narratives are so shrill and stress-inducing that they imperil the health of their audience.... Fear-mongering is taking its toll. Caitlin Johnstone observes that the problem is not as much Trump as the media and its manufactured narratives. Good read.Caitlin Johnstone — Rogue JournalistMainstream Media Is Now Killing People DirectlyCaitlin Johnstone

The Phillips Curve, an economic model developed by A. W. Phillips purports that inflation and unemployment have a stable and inverse relationship.  This has been a fundamental guiding economic theory used by the Fed for decades to set interest rates. Various studies have proven the theory is bogus, yet proponents keep believing.… Without the Phillips Curve, the current approach to monetary policy is groundless other than "discretionary." There is no rule.And it's not just the Phillips...

Independent economist Peter Cooper addresses the "we-knew-it-all-along" claim and shows, not really.heteconomistOne of the Fundamental Differences Between Modern Monetary Theory and New Keynesian EconomicsPeter Cooper

The HillFirst Native American woman elected to Washington legislature wears traditional regalia at swearing-in Aris Foley

S&P closed above 2600 after brief pause, just like I said. Nasdaq back above 50 dma for first time since Oct.

Rolling StoneReturn of the Neocons! Matt TaibbiCraig Murray BlogThe Hague Comes of Age Craig Murray, formerly British ambassador to Uzbekistan and Rector of the University of Dundee FAIRTriumph of Conventional Wisdom: AP Expunges Iran/Contra Pardons from Barr’s Record Sam Husseini Fort RussThe New Russian Kalibr Missiles Can Threaten US Cities Paul Antonopoulos IrrussianalityWorst secret agent ever Paul Robinson | Professor, Graduate School of Public and International Affairs at the...

Whilst I agree, could politicians not be persuaded that, rather than a largely useless National Citizen’s Service, we could have a instead have a ‘Job Guarantee’ or perhaps better sold as a ‘Guaranteed Job Opportunity’ for everyone of school leaving age. Of course many will be going to university but some might like to take advantage of some work experience before arriving in full time education. Indeed with effort and thought perhaps a Job Opportunity could also be guaranteed to...