Mike Norman Economics

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...

Defending stance on Khashoggi killing, US president suggests that without Washington’s ‘strong ally’ Riyadh, Israel would be forced ‘to leave’ region I guess the $100 billion arms sales swings it?  “The fact is that Saudi Arabia is tremendously helpful in the Middle East, if we didn’t have Saudi Arabia we wouldn’t have a big base, we wouldn’t have any reason probably…” Trump said, without finishing the sentence Critics in Congress and high-ranking officials in other countries have...

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State capitalism works, and China and Norway are good examples of this. Britain privatized all its oil companies and the elite squirreled the wealth into off -shore tax havens, while Norway did the opposite. Today Norway is rich while the UK is poor, so we are told, so it's never ending austerity. We're always being told that we are living beyond our means. [embedded content] Norway is one of the World’s wealthiest countries. Also they have really small inequality between rich and poor and a...

Economist Stephanie Kelton advised Bernie Sanders’ 2016 presidential campaign. She tells Planet America why he could become the next president of the United States. ABC News (Australia)Bernie 2020? Planet America interviews Stephanie Kelton

An off topic one which I thought was interesting. [embedded content] To his believers, he’s known simply as ‘The Healer’. Charlie Goldsmith claims he possesses a mysterious energy that can cure the sick using just his mind. The self-proclaimed energy healer from Melbourne says he can end chronic pain, cure crippling arthritis, even save lives. And he has plenty of patients who will attest to his inexplicable powers. But is he truly a healer or is it all a hoax? Sunday Night’s Angela Cox has...

Dances with BearsBBC REVEALS NEW TRUTH-DEFYING EVIDENCE IN SKRIPAL POISON CASE John Helmer Boston Review What White Supremacists Know Roxanne Dunbar-Ortiz CounterpunchTwo Numbers That Explain Why Trump Won’t Sanction Saudi Arabia Thomas Knapp Sputnik InternationalCyber Experts Weigh France's Chances to Escape US, China High-Tech Dominance SouthFrontA Formidable Hybrid to Break-through the Russian Air Defenses in the European Theater: Tomahawks Will Seem Like a Child’s Play Originally...

Marginal Revolution University have a large series of short videos on mainstream economics which are a great introduction to the subject. I like the way they describe the complex subject of economics in a very interesting and easy to understand way. One way they do this is by keeping the videos short and to the point.I put this one up for discussion. What have they left out of the picture? [embedded content]