Mike Norman Economics

I guess Americans chose the lesser of two evils? They probably did. [embedded content] In the first installment of this multi-part series, Trump Expanding the Empire, Abby Martin debunks the notion that Trump is an anti-interventionist president, outlining his first two years of aggressive foreign policy that has expanded US wars and occupations. From the biggest military budget in history, to removing its restrictions to “bomb the hell out of” Iraq and Syria, to ramping-up brutal economic...

The West freed the Libyians from Muammar Gaddafi  and socialism.  ABOARD SEEFUCHS RESCUE SHIP (Reuters) - Just before the sun dipped into the Mediterranean on Saturday, rescuers spotted a tiny wooden boat on the horizon. It turned out to contain five young Libyans fleeing violence and turmoil who were waving their arms for help. The crew of the Seefuchs plucked them from the old fishing boat, gave them water and couscous and one of the men, 26-year-old Hamza Tekbali, explained why they...

The West is the coalition of 'the evil '. Saudi forces backed by the United States are intentionally targeting food production and the agricultural sector in their bombing campaign in Yemen, according to a leading expert. In some parts of the impoverished country, the Saudi-led coalition is using a "scorched-earth strategy," says a scholar who specializes in agriculture in Yemen. "The coalition was and is targeting intentionally food production, not simply agriculture in the fields," Martha...

                                                                        ********** [embedded content] Larry Wilkerson tells the story of Powell’s fateful speech to the UN that prepared the way for the invasion; he’s asked why he and Powell didn’t quit - Col. Lawrence Wilkerson joins TRNN’s Paul Jay

What if we just paid women for the work they already do A Basic Income versus the Job Guarantee? Why not just pay women (and some men, if they want) to stay at home to bring up the children. That's happier families and happier children. But women don't want to be cooped up alone all day with the kids, so we could have community centres and events for things to do all paid for by the Job Guarantee programme. Wouldn’t it be great if we just paid women for the work they already do? We don’t...

A new narrative for a complex age Some economists believe that their economic theories are based on pure science and so are not biased in anyway with politics, or our desires and wants. They say this is hard science and that their theories show how to maximize profits, but some farmers maximize their profits by using factory farms, which are worse than concentration camps. So, morality should also play a role in economics, as well as our desires, wants, and wishes.Unlike the laws of...

[embedded content] A conservative news website claims to have uncovered an online campaign by what it calls 'Democratic operatives'. The Daily Caller says a company called 'American Engagement Technologies' attempted to encourage Republican voters to stay at home during the 2018 mid-term elections. That same organization was also previously accused of running a bogus Russian bot campaign on Twitter during the 2017 Alabama Senate race.

Britain is one of the richest countries in the world. But in a meritocracy the right say there is no excuse for being poor, and so it's the poor's fault because they didn't try hard enough - to fit into a system they hate, where their learned helplessness means they have given up, because someone has to be at the bottom - no matter how hard they try - getting clobbered. Everyone gets what they deserve, say some people on the right. Children are arriving at a school so hungry they are...

Col. Lawrence Wilkerson says Dick Cheney was was a bureaucratic entrepreneur.who was very evil. The military-industrial-complex make billions out of war and use mercenaries so the American public wouldn't know, or care. Col.Lawrence Wilkerson says that it is said that Dick Cheney's wealth went from 4 to 5 million to $70 million while he was in office,. Mass murder makes some people very rich, says, Col.Lawrence Wilkerson. Well, surely they will go to hell? And to think that some news...

Barack Obama said neoliberalism was reducing poverty throughout the world, but most of the poverty reduction has mainly occurred in China which has embraced some free-market reforms. but not neoliberalism, They believe in having a government controlled central bank and a mixed economy.  [embedded content] Greatest contribution to global poverty reduction has come from China says Mark Weisbrot of the Center for Economic and Policy Research