Mike Norman Economics

In Total, Almost Half of the Newly Elected Congressional Representatives Are Not White Men. Those Changes Come Almost Entirely From Democrats; Republican Members-Elect Are All White Men Except for One Woman. **** LGBT breakthroughs include Democrat members-elect Sharice Davids (D.-Kan.), the first LGBT Kansan elected to Congress, and Kyrsten Sinema (D.-Ariz.), the first openly bisexual person ever elected to the U.S. Senate. The first Muslim women were elected to the House: Ilhan Omar...

Scientists have the tools and methods to discern whether there is a 5th dimension - four spacial dimensions plus time. A three dimensional object casts a two dimensional shadow on a flat two dimensional plane, but a four dimensional object would cast a three dimensional shadow in our space time.Arlie Petters studies the shadows created by the stars in the universe as their light passes planets the pattern it produces looks remarkably like the human brain with its membranes and cells.We once...

I have been toying with an idea of writing a book with the title "How Can a Floating Currency Sovereign Default?" As a follower of Modern Monetary Theory (MMT), this is a bit of a joke, since the text of the book would just be: "They can't." The book can then be submitted to the World's Shortest Book Competition. Thinking about this has led to me to the realisation that the usual way of discussing sovereign default is inherently defective. (This criticism extends to my earlier book...

Strongest evidence yet of a Blue Wave. Orange County has traditionally been rock-solid Republican and a conservative stronghold. On the other hand, it could only be a rejection of the Trump GOP and a vote for the bipartisan Establishment over it.SlateDemocrat Declared Winner in Orange County House Race, Marking a Clean Democratic Sweep of the Onetime Conservative Stronghold Elliot Hannon

"Is monopolization threatening capitalism?" Facebook, Google, Amazon. ProMarketEditors’ Briefing: This Week in Political Economy (November 11-18) Editors

This is quite a good episode. U.S. companies are busy buying back their shares while China companies are busy expanding their businesses, but the China housing bubble is about to bust, says Max Keiser. The U.S. elites have given up competing with China and have decided to just cannibalize the US. economy instead. [embedded content] In this episode of the Keiser Report, Max and Stacy discuss the surge in share buybacks as corporations turn their Trump tax break into more income for...

Human beings are very friendly and gregarious creatures where our communities are very important to us. Through our collectivism we have achieved so much, but we are also very individualistic and competitive. A football team is very collective but individual footballers would love to be the person who scores the goals.Good self esteem helps us to get on in life and to also helps us find us to a loving partner. Feeling that we are worthwhile and lovable is as important to us as getting food...

The report notes that the United States now faces five rising challenges—China, Russia, Iran, North Korea, and transnational terrorism—yet has fewer military forces than at any time since the end of World War II. “Simply put,” it observes, “the United States needs a larger force than it has today if it is to meet the objectives of the strategy.”... Message: The US needs to spend more on military — a lot more.The National InterestWhy the U.S. Military Is In Serious Trouble Army Lt. Gen....

Its defenders claim to be standing up for uncomfortable truths, but race science is still as bogus as ever.  I watched a video where Jordon Peterson said that the Ashkenazi Jews were smarter than most other races. But is this really true, so I did a search for it?The Alt Right, Steve Pinker, Steven Molyneux, and even Sam Harris have all jumped in on the pseudoscientific nonsense about race and intelligence. They haven't looked at the facts. The problem was that most of his identical twins...

Listening to George F. Kennnan. Earlier parts of this intermittent series discussed NATO's projection and gaslighting. Slouching toward (nuclear) war.Strategic Culture FoundationPsychoanalysing NATO: Confirmation BiasPatrick Armstrong