Mike Norman Economics

Now, Idlib militants and their supporters around the globe will make an attempt to blame the Assad government for the November 24 incident in Aleppo city. They will likely pretend that “evil Assad” carried out a chemical attack on the government-controlled city in order to accuse the “moderate opposition” of doing this and thus disrupt the peaceful process in the country.First signs of this campaign can already be observed in some MSM reports. For example, in its report on the chemical...

Likewise, after a one-month hiatus, China is resuming its imports from Iran. It has oil companies that don’t deal witht he US and so can be used for camouflage. Informed ConsentIndia Doubles Iran Oil Imports: Are Trump’s Sanctions Cratering? Juan Cole

James K. Galbraith reviews Robert Skidelsky's Money and Government:The Past and Future of  Economics, Yale University Press, 2018 American Affairs Volume II, Number 4 (Winter 2018): 79–86 The Past and Future of Political EconomyJames K. Galbraith |

The U.S. inflation-linked bond (TIPS) market is in an interesting position right now. Inflation protection seems cheap, but the question always remains: is it cheap for a reason? Unfortunately, I am not able to answer that question, I am going to just briefly outline the debate…. Bond Economics  Brief TIPS Market CommentBrian Romanchuk

Caitlin Johnstone — Rogue JournalistNewsweek-Employed Spy Explains To Us Why Assange Should Be ProsecutedCaitlin Johnstone TASSUS highly likely to venture new provocation against Russia - Lavrov TASSNord Stream-2 opponents only support US’ anti-Russian steps - Lavrov Sputnik InternationalWhat Integrity? Russian Officials, Analysts Speak Out on UK Hybrid Warfare Plot Sputnik InternationalRussia Scrambles Warplanes as Ukrainian Navy Moves on Kerch Strait – Reports TASS"Western patrons...

(The new issue of Jacobin has a piece by me on the state of economics ten years after the crisis. Since it’s not online yet, I’m posting the full text here, plus a few paragraphs that did not make it in. Even though they gave me plenty of space, and Seth Ackerman’s edits were as always superb, they still cut some material that, as king of the infinite space of this blog, I would rather include.) J. W. Mason's BlogIn Jacobin: A Demystifying Decade for EconomicsJW Mason | Assistant Professor...

At the late hours of November 24, unknown militants launched several rockets containing chlorine gas at residential areas in the northern part of the city of Aleppo, according to the Syrian Arab News Agency (SANA). “Terrorist groups fired rocket shells containing toxic gases at al-Khalidiye and al-Neel Street neighborhoods in Aleppo city,” the SANA said in a press release. The reporter of the Syrian News TV in Aleppo said that 75 civilians, including at least 14 children, were intoxicated...

Crikey, I didn't think the British police would be allowed to do this! Young people could end up maimed for life. Lots of young people go through a bad phase. [embedded content] Montage footage released on Friday shows London Metropolitan Police knocking alleged moped thieves off their bikes as part of a new tactic to face a scooter-crime surge in the English capital. Dashcam footage shows a team of specially trained police officers making so-called "tactical contact" with alleged moped...

Thoughts On Economics On Mariana Mazzucato's The Value of Everything Robert Vienneau AlternetHere's how the philosophers of selfishness came to use Christianity as their cover story Amanda Marcotte RTAssange’s lawyers blocked from entering Ecuadorian embassy Economics as Classical MechanicsLiberalism, conservatism, fairness and free riders Ivan Kitov | Doctor of Physics and Mathematics, Lead Researcher at the Institute for the Geospheres' Dynamics, Russian Academy of Sciences...

Inquiring minds would like to know why the UK is so interested in discrediting the Russian government. It's clearly not just "making the world safe for democracy" or defending Western liberal values and traditions.Something of this size and intensity suggests only one thing, "Follow the money." What's up with this? Has it something to do with the British financial empire that replaced the British political empire? What else could that be, and if this is it, what is the underlying...