Mike Norman Economics

Business InsiderDeutsche Bank's headquarters are being raided by police as part of a Panama Papers probe (DB) Callum Burroughs Project SyndicateProgressive Europeanism in Action Yanis VaroufakisThe Greanville Press Bernie Sanders Puts Forward a Program That Could Split the Democratic Party WCEG — The EquitablogBrad DeLong: Worthy reads on equitable growth, November 16–29, 2018 Brad DeLong Zero HedgeGreenwald Goes Ballistic On Politico "Theory" Guardian's Assange-Manafort Story Was...

[embedded content] Anya Parampil puts incoming Congresswoman Alexandria Ocasio-Cortez in question, explaining how as a candidate for the democratic nomination, she billed herself as a “socialist” and “progressive” which represented the next generation of the party—only to sell out upon winning office. Anya documents how Ocasio-Cortez has been embraced by corporate democrats, like DNC Chair Tom Perez, offered glowing praise for war-mongering Senator John McCain, and more recently, endorsed...

It is a pleasure to be back at the Economic Club of New York. I will begin by briefly reviewing the outlook for the economy, and then turn to a discussion of financial stability. My main subject today will be the profound transformation since the Global Financial Crisis in the Federal Reserve's approach to monitoring and addressing financial stability. Today marks the publication of the Board of Governors' first Financial Stability Report. Earlier this month, we published our first...

Looks like Fed Chairman Jay Powell just caved to Trump.

The global economy is growing, but so is uncertainty. This column presents a new quarterly index of uncertainty for 143 countries. The World Uncertainty Index reveals how uncertainty in the world has evolved over time, whether it is synchronised across countries, and how it compares across income groups and political regimes. VoxeuGlobal uncertainty is rising, and that is a bad omen for growth Hites Ahir, Senior Research Officer, IMF; Nicholas Bloom, Professor of Economics at Stanford...

I’m helping to organize a conference on MMT with the topic “Why money matters”. It takes place in Berlin on February 1-2, 2019 at EBC Hochschule. The Call for Papers is open until December 31, 2018 and registration opens on December 1st. Find more information on http://mmtconference.eu econoblog 1011st International European Modern Monetary Theory conference, Berlin 2019Dirk Ehnts | Lecturer at Bard College Berlin

The latest ‘reform’ proposals from Europe might be taken as a sick joke if the players were not serious. On Sunday, November 18, 2018, the French President gave a speech at the traditional commemorative ceremony in the German Bundestag to mark the Volkstrauertag (National Day of Mourning), which has been part of German life since 1922 (originally to mark those who died during World War 1). His speech (Jacques Chirac was the last French president to address the Bundestag on June 27, 2000)....

German economy doing ok...??Meanwhile in Germany, unemployment rate falls to 5.0%, which is the lowest level on record pic.twitter.com/rXEqxFAXIr— Andreas Wallström (@anwallstrom) November 29, 2018 Their big bank still in chaos though still:Deutsche Bank shares plunge as Frankfurt prosecutors search HQ in money laundering probe https://t.co/xN6btmc741 pic.twitter.com/jC2WeWOwKl— Bloomberg Markets (@markets) November 29, 2018

[embedded content] RT Correspondent Caleb Maupin explains why Wikileaks is preparing to sue The Guardian after the newspaper published claims that Julian Assange secretly met with Trump Campaign Manager Paul Manafort in London’s Ecuadorean Embassy in the years 2013, 2015, and 2016. Former UK MP George Galloway, and Investigative Journalist Gareth Porter, join host Anya Parampil to discuss the paper, specifically reporter Luke Harding’s, questionable record when it comes to reporting on...

Caitlin Johnstone — Rogue JournalistMSM Is Like Big Pharma: The Rewards Of Malpractice Outweigh The Penalties Caitlin Johnstone WCEG — The EquitablogU.S. income growth has been stagnant. To what degree depends on how you measure it. Austin ClemensStrategic Culture FoundationAs Time Runs Out, Poroshenko and the West Poison the Sea of Azov Tom LuongoFort Russ NewsPUTIN OPENLY AND DIRECTLY ACCUSES POROSHENKO OF ORGANIZING KERCH STRAIT PROVOCATION Joaquin FloresThe Vineyard of the SakerProof...