Mike Norman Economics

Asia TimesErdogan, MBS, Islamic leadership and the price of silence Pepe Escobar The HillTrump on Khashoggi killing: Saudi crown prince 'hates it more than I do' Michale Burke American Bart AssociationAmerican Bar Association president: Trump's criticism hurts judicial independence Justin Wise Robert ReichThe Rule of Law Politico Trump denies CIA implicated Saudi crown prince in Khashoggi murder Lily Stephens The HillHoward Dean blasts Trump's Saudi response: People don't think...

Our political culture insists on seeing the Jews as the direct descendants of the ancient Hebrews. But the Jews never existed as a ‘people’ – still less as a nation Shlomo Sand says there are no pure races and we all have mixture of genes.  Dislosure: Even when I believed, mistakenly, that the “Jewish people” was exiled by the Romans in 70 C.E. or 132 C.E., I didn’t think that this conferred on the Jews some sort of imagined “historic right” to the Holy Land. If we seek to organize the...

President Trump banned a CNN reporter only to find his position overturned by the judicial system. Well CNN is guilty of at least one thing – publishing misleading and alarmist economic reports about Japan. In a CNN Business article last week (November 13, 2018) – Japan’s economy has a $5 trillion problem – readers were told that the Bank of Japan has no “dwindling options to juice growth if a new crisis hits” because “it’s now sitting on assets worth more than the country’s entire...

The Left Case against Open Bordersby Angela Nagle  If Trump is for immigration controls, then the Left will demand the opposite. And so today talk of “open borders” has entered mainstream liberal discourse, where once it was confined to radical free market think tanks and libertarian anarchist circles. While no serious political party of the Left is offering concrete proposals for a truly borderless society, by embracing the moral arguments of the open-borders Left and the economic...

A Review of Michael Hudson’s new book AND FORGIVE THEM THEIR DEBTS The money lenders don't just want to earn interest on their loans, but they want to get all the collateral too, says Michael Hudson. Their aim is to own everything. They have already bought up most of the world by forcing privatisation on third world countries.  To say that Michael Hudson’s new book And Forgive Them Their Debts: Lending, Foreclosure, and Redemption from Bronze Age Finance to the Jubilee Year (ISLET...

I came across this during a search but when I clicked on the link YouTube had removed it. So I put the title into a search and I found a Russian site with it embedded in.Pamela Anderson is a lovely natured lady who is a vegan too. [embedded content]

Brussels and Beijing on Wednesday launched explosive cases at the World Trade Organization, in which they will argue that Trump’s tariffs on steel and aluminum, imposed in May, cannot be justified on grounds of national security, as the White House claims. The EU and China were joined in their protest by Mexico, Norway, Russia and Canada. The six-fold attack on Trump is a landmark departure from the orthodoxy of trade diplomacy as countries have traditionally shied away from challenging...

In some recent posts, a job guarantee has been considered within the income-expenditure framework. One post in particular suggested a possible conceptualization of the dynamics of the model. It was shown that these dynamics are consistent with the model’s steady state requirements. Demonstrating this took a fair bit of algebra, which may have obscured for some readers the simplicity of the actual model. Much of the algebra was only needed for the specific purpose of verifying that the...

NewsClick (India)Neo-Liberalism and the Diffusion of Development Prabhat Patnaik | Retired Professor and Sukhamoy Chakravarty Chair in Planning and Development at the Centre for Economic Studies and Planning, Jawaharlal Nehru University, New Delhi ReutersInterpol elects South Korean as president, Russia condemns Western pressure Alexander CornwellArmstrong EconomicsRussia Starts Criminal Investigation of Browder While US Deep State Protects him Martin Armstrong Valdai PapersChina’s...

Researchers have long relied upon the St. Louis Fed’s FRED and ALFRED databases for (primarily) US series. Now, Banque de France, CEPREMAP and France Stratégie have launched a new free database of international macro data, DB.nomics.…. EconbrowserIntroducing DB.nomics Menzie Chin | Professor of Public Affairs and Economics, Robert M. La Follette School of Public Affairs, University of Wisconsin, and Co-editor, Journal of International Money and Finance