Mike Norman Economics

[embedded content] More and more Americans are not scared to call themselves socialists. Many were not brought up in the 1950's where children were drilled in 'Duck and Cover '  - as if hiding under your classroom table was going to make any difference -  and other anti communist propaganda and so view socialism much more favourably.  Time us running out, says Paul Jay, as we have just 13 years to turn the climate around too save the planet. And Francesca Fiorentini says the left doesn't...

Venezuela has paid for the insulin needed for 60 thousand patients but the US has blocked the shipment. Without the insulin these people, including children, could die.The U.S. is really mean to inflict such a horrible death, but where's the outcry in the Western media? Washington is hoping to force the Venezuelans into removing their government.John Bolton says he's a Christian and so do many others in the Trump government.  But they are the devil after the oil. [embedded content] Anya...

No, this won’t be on the table until 2021 at the earliest. But the party’s candidates need to offer some solutions. Bloomberg OpinionThe Democrats’ Options for Repealing the Trump Tax Cut Stephanie Kelton | Professor of Public Policy and Economics at Stony Brook University, formerly Democrats' chief economist on the staff of the U.S. Senate Budget Committee, and an economic adviser to the 2016 presidential campaign of Senator Bernie Sanders

Just four days after president Trump signed an executive order last Thursday enabling new sanctions on Venezuela’s gold sector, in a bid to disrupt trade with Turkey which U.S. officials believe is undermining efforts to cripple Venezuela's economy and force Maduro and members of his government out of office, Maduro is now seeking to repatriate about $550 million in gold bars from the Bank of England over fears it could be caught up in international sanctions on the country. US economic...

It's not perfect, it's mainstream economics, but it's interesting and raises some good points.'Trump said he was going to drain the swamp, but he just a president for rent seekers'.It doesn't mention it here, but was the rising stock market just salivation over the $110 billion arms deal. [embedded content] With unemployment at a 50-year low, wages starting to pick up, and the stock market booming, the US economy has defied expectations since the 2016 election. Nobel laureates Angus Deaton...

It's very good if you have time? A lovely guy, he voted for Jill Stein. [embedded content]

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Probably an accurate view of how the current US ruling class views the recent past and present global situation... from the libertarian Hanson...[embedded content]

John Maynard Keynes was a genius on par with Darwin, says, Ann Pettifor, for his revolutionary new way of looking at economics. And some of his theories are still too revolutionary today. Resistance to the book’s content came immediately drafts began to circulate. Keynes, after all, was trying to effect “a revolution . . . in the way the world thinks about economic problems” and it is natural for the mind to mount a defence of its established contents and processes. Keynes’s most...

Well, he seems a nice guy to me. I hope you win, Warren! [embedded content]