Mike Norman Economics

The results showed that people prone to delusional thinking, religious fundamentalists, and dogmatists tended to believe all news, regardless of plausibility. Big ThinkWho believes fake news? Study identifies 3 groups of people Matthew Davis

How political capital will this cost?PoliticoFull text: President Donald Trump's statement on Saudi Arabia, Khashoggi killingSee also POTUS testing, "How low can you go?"The HillKhashoggi editor on Trump Saudi statement: 'This is a new low' Chris Mills Rodrigo See alsoWashington Free BeaconTrump Stands With Saudi Arabia: We Must ‘Ensure the Interests of Our Country, Israel’ Cameron CawthorneSee alsoFortuneTrump Says He Stands With Saudi Arabia Despite Khashoggi Murder Renae ReintsSee...

New data proves you can support capitalism or the environment—but it’s hard to do both. This started out alarming but got better at the end.These problems throw the entire concept of green growth into doubt and necessitate some radical rethinking. Remember that each of the three studies used highly optimistic assumptions. We are nowhere near imposing a global carbon tax today, much less one of nearly $600 per metric ton, and resource efficiency is currently getting worse, not better. Yet...

Just think of all the North Sea oil profits Britain squandered on tax cuts and dole queues and so today we are fiat broke agsin  after bailing out the banks. And banks like RBS deliberately made thousands of small and medium sized businesses bankrupt to boost their profits which further increased poverty. The One Percent are laughing all the way to the bank while it's austerity for the rest of us. The whipping boy has to pay! The UK government has inflicted “great misery” on its people with...

Armstrong EconomicsDid Browder Have Magnitsky Killed?Martin Armstrong Dances with BearsRUSSIAN CAPITAL LEAK IS WORLD’S LARGEST UNDERGROUND LAKEJohn Helmer Uneasy MoneyWas There a Blue Wave?David Glasner | Economist at the Federal Trade Commission TricycleMind Nature: Red Pill or Blue Pill? Ken McLeod Caitlin Johnstone — Rogue JournalistLife SecretsCaitlin Johnstone Small Wars JournalU.S. Military Targets Growing Russian and Chinese Influence in Latin America Intel TodayRussiaGate —...

Non-random sampling. … a nonrandom sample tells us about a population, but we don’t know how precisely: we can’t determine a margin of error or a confidence level. A lot of mistakes occur from generalizing special cases. This tendency to overgeneralize, along with the tendency to absolutize, often infects formulation of assumptions in "scientific" modeling.econintersectYou Can't Characterize Human Nature If Studies Overlook 85 Percent Of People On Earth Daniel Hruschka | Professor and...

At the demise of empire, City of London financial interests created a web of offshore secrecy jurisdictions that captured wealth from across the globe and hid it behind obscure financial structures in a web of offshore islands. Today, up to half of global offshore wealth may be hidden in British offshore jurisdictions and Britain and its offshore jurisdictions are the largest global players in the world of international finance.  How did this come about, and what impact does it have on the...

Deutsche Bank still circling the toilet bowl [Ed: Figurative Language ALERT for Art Degree people out there... they are not actually all in a big toilet bowl going around and around ofc... haha!  gotta be careful with reification Art Degree people... ]The "neo-liberal conspiracy!" continues to impress... those crafty "neo-liberals!" really know how to make the munnie don't they!Let us watch what happens to them going forward into next year if the ECB stops adding reserve assets next month...

Doesn't seem hard to me you just choose which Theory you fancy and then just teach that Theory.... MMT or otherwise... then let the dialectical process sort it out... Art Degree methodology 101... What is so hard about that?  I don't see it.. Macroeconomic theorists disagree on almost everything. That is one of the reasons it is such a hard subject to teach https://t.co/C5q0TyTuQv — The Economist (@TheEconomist) November 17, 2018

In a blog post last week – Financial services agreements – the EU as a neoliberal, corporatist project (November 13, 2018) – I wrote about the way the EU compromised the capacity of elected Member State governments to advance the well-being of their nations by the way they negotiate trade arrangements in services, particularly with respect to the financial services sector. For all those Europhiles that regularly deny the core agenda of the EU is to compromise democratic outcomes in favour...