Mike Norman Economics

Power to the People! ✊ In conjunction with the Sanders Institute. Yanis VaroufakisThe Progressive International has been launched. Read the Open Call. See the video. Join us!See also Is trade a promoter of peace? Adam Smith, one of the earliest defenders of trade, worries that commerce may instigate some perverse incentives, encouraging wars. The wealth that commerce generates decreases the relative cost of wars, increases the ability to finance wars through debts, which decreases their...

Two more sources crossed off the list of links for me to cite here at MNE. Compromised.Caitlin Johnstone — Rogue JournalistNever, Ever Forget The Guardian/Politico Psyop Against WikiLeaksCaitlin Johnstone

Japan has some of the longest working hours in the world. Nearly one quarter of Japanese companies require employees to work more than 80 hours of overtime a month, according to a 2016 government survey. Those extra hours are often unpaid. And the Japanese aren't taking enough time off, either. A study by Expedia found that Japanese workers on average didn't use 10 of their paid vacation days, and 63 percent of Japanese respondents felt guilty for taking paid leave. Yet long work...

Brief review of Scott Page, The Model Thinker: What You Need to Know to Make Data Work for You.Understanding SocietyModeling the socialDaniel Little | Chancellor of the University of Michigan-Dearborn, Professor of Philosophy at UM-Dearborn and Professor of Sociology at UM-Ann Arbor

Artists view of the current real terms (Rivers Cuomo): [embedded content]

Real terms....Half of one company’s applicants flunk drug tests. Opioids. Why is this epidemic so difficult to alleviate? https://t.co/RVIh9O40vO @ScottAdamsSays— A. Michael Altman (@artmaltman) November 30, 2018

This one from Mike's latest:  "Industrial production in Japan jumped 2.9%, more than twice what economists expected and the largest rise in more than three years.  Industrial output had fallen in the past six months, but the rise in October lifts the year-over-year rate to 4.2%, the best since the middle of last year.  Separately, for the fourth consecutive month, the Bank of Japan has made a minor adjustment to its bond-buying program. It announced that it will only buy bonds 10-years...

Moon of AlabamaSeeing Social Decline As A National Security Threat May Change Conservative Policies Sic Semper Tyrannis — EditorialTrump's foreign policy is run by neocons. (Editorial)Col. W. Patrick Lang, US Army (ret.) Sputnik InternationalIn Trade War, Beijing Has Staying Power Washington Lacks Mint Press NewsAt Elite Gala With Ex-Bush Official, Obama Implores Wall Street to Thank Him for Making Them so Much Money Ben Norton Mint Press News US Sanctions Have Become Little More...

Jimmy Dore doesn't mince his words about Hilary Clinton. A really horrible person! [embedded content]

In 1995, the late economist Gustav Ranis wrote that, “If there is one key to developmental success, it is avoiding the encrustation of ideas,” which is achieved through policymakers' “ever-increasing reliance on the responsiveness of large numbers of dispersed decision-makers.” That description suits China perfectly. Agility. Project SyndicateChina Deserves its Economic Success Zhang Jun | Dean of the School of Economics at Fudan University and Director of the China Center for Economic...