Mike Norman Economics

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...

What happens when a business runs at a loss? If it happens for long enough, eventually it’ll go bust. So why should it be any different for the government? Doh. Another Johnny-come-lately who still hasn't heard that the government is the currency issuer and that everyone that uses the currency must obtain it ultimately from the issuer as the monopoly provider.Therefore, currency users are financially constrained, whereas a government that is sovereign in its currency is not constrained...

Eminent Indian economist Professor Utsa Patnaik (Jawaharlal Nehru University) has estimated that Britain robbed India of $45 trillion between 1765 and 1938, However it is estimated that if India had remained free with 24% of world GDP as in 1700 then its cumulative GDP would have been $232 trillion greater (1700-2003) and $44 trillion greater (1700-1950). Deprivation kills and it is estimated that 1.8 billion Indians died avoidably from egregious deprivation under the British (1757-1947)....

The tragedy is that the contraction is being helped along by a deliberate political choice made by Europe's own governments: Their effort to rein in deficit spending, to cut fiscal stimulus, and to balance their budgets in the 10-year aftermath of the 2008 financial crisis. "Austerity," as it's known, has shrunk the potential size of the European economy and retarded its ability to grow again. And now that the manufacturing sectors of Italy, France and Germany are all stagnating or...

Apparently, the rest of the MSM haven't covered this yet. This Mail story is a day old. French riot police have deployed semi-automatic weapons with live ammunition against Yellow Vest protestors for the first time. Officers were filmed brandishing Heckler & Koch G36 weapons by the Arc de Triomphe in Paris on Saturday afternoon. The presence of semi-automatic rifles at a demonstration by unarmed French citizens shows how President Emmanuel Macron’s law and order crisis spirals.  It...

The Daily Mail seems to be far more radical than the Guardian at times. I have spent years examining the case and, like some surgeons, barristers, coroners and judges I know of, I cannot accept the official explanation that Dr Kelly took his own life. Last year, I published a book containing the evidence I had discovered. Since then, I have amassed more compelling information from new, highly credible sources – evidence which casts yet more serious doubt on the claims that Dr Kelly cut his...