Mike Norman Economics

Last week’s (December 7, 2018) release by the US Bureau of Labor Statistics (BLS) of their latest labour market data – Employment Situation Summary – November 2018 – showed that total non-farm payroll employment rose by 155,000 and the unemployment rate was essentially unchanged at 3.7 per cent. Participation was steady. While the US labour market is reaching unemployment rates not seen since the late 1960s, the participation rate is still well below the pre-GFC levels and a substantial...

This is not on politics or economics, so this comes under the 'anything' category that Mike Norman said was okay. It's important to me because my dad suffered from multiple sclerosis most of his adult like.  [embedded content]

Sure sounds like incipient fascism to me. But, hey, it couldn't happen here, could it?The DuranThe EU and the warning signs of Fascism Kit Knightly | co-editor of OffGuardian (UK)

What is really at the basis of the ongoing civilizational conflict between the US and China, a feud which many say has gradually devolved into a new cold war if few top politicians are willing to call it for what it is, are China’s ambitions to be a leader in next-generation technology, such as artificial intelligence, which rest on whether or not it can design and manufacture cutting-edge chips, and is why Xi has pledged at least $150 billion to build up the sector. But, as the FT notes,...

While the mainstream is defined by an insistence on method, the heterodoxy is defined by a concern with reality. What is so powerful about the conception, and what seems to have been almost entirely ignored, is what comes next. The implication of Lawson’s conception is that heterodox economics encompasses all those researchers that desire to study economic phenomena in accordance with our best understanding of how social phenomena exist. What method they decide to use is not a factor in...

At the top are some pretty nasty people. The world is a dangerous place. By Kevin Barrett, Veterans Today Editor Anybody who thinks Trump is out to drain the swamp and bust the Deep State just got a dose of reality medicine, in the form of Trump’s nomination of swamp monster William Barr as our next Attorney General. According to former Bush-CIA black ops specialist Chip Tatum, Barr was part of Operation 40, an Agency-linked criminal gang that moved huge quantities of drugs and was...

Putin did it?Planet Free Will“The Police Were Out For Blood”: Viral Video Shows French Police Toss Man In Wheelchair to Ground During Yellow Vest Uprise

False false flag.  Neocons in charge in the US now. This means war.The Vineyard of the SakerU.S. Officially Accuses Assad, Russia Of Staging Chemical Attack In AleppoThe SakerSee alsoSourhFrontUkrainian Air Force Deployed Combat Drones To Carry Out Chemical Provocation In Donbass: DPR Military

It's becoming clearer that "Russian interference" means RT and Sputnik journalism rather than hacking and "dirty tricks." Russian state-sponsored media are covering news that the Western news media is either blacking out completely, suppressing, or spinning according to the controlling narrative.RTRussian media covered the Yellow Vest protests; now France is investigating Russian ‘interference’See alsoRTWikiLeaks skewers Guardian writer for zany theory that RT is, wait for it... reporting...

I have seen this kind of methodology many times before in the world of sole owner entrepreneurial business. In that world egotism is king and the owner/wheeler dealer stands alone surrounded by underlings and consultants. For him they are nothing. They are expendable assets who exist only to serve his egocentric will and interests. They are there to be useful to him and can be disposed of whenever they are not. Trump operates exactly that way. Subordinates are disposable at will....