Mike Norman Economics

UPDATE False alarm! Dear Readers: It is all over the internet and international media that Twitter has suspended my account.This is not the case. I do not use social media.I discovered that a Twitter account was operating in my name.I requested that the account be taken down. Paul Craig Roberts“My” Suspended Twitter Account I just checked — Account suspended (10:30 AM CST, 26 Oct)."It can't happen here.""Back in the USSR."Zero HedgeTwitter Bans Former Asst. Treasury Secretary Paul Craig...

IntroductionBankers, agro-business elites, commercial mega owners, manufacturing, real estate and insurance bosses and their financial advisers, elite members of the ‘ruling class’, have launched a full-scale attack on private and public wage and salary workers,and small and medium size entrepreneurs (the members of the ‘popular classes’). The attack has targeted income ,pensions, medical plans, workplace conditions, job security, rents, mortgages, educational costs, taxation,undermining...

On Alexander Hamilton's argument for dictatorship in a republic.Digressions&ImpressionsOn PresidentsEric Schliesser | Professor of Political Science, University of Amsterdam’s (UvA) Faculty of Social and Behavioural Sciences

Michael Calderbank speaks to Marxist economist Costas Lapavitsas ahead of the publication of his provocative new book The Left Case Against the EUCostas Lapavitsas  The book is obviously a critique of the EU as it stands. It’s an assessment of where the union is, what it has become, and its likely direction. It is an attempt to say that the left should have nothing to do with defending this set of institutions. It should assume a critical, rejectionist position. I am asserting that this is...

"Weimar," "Zimbabwe" get replaced by "Venezuela in this puerile pseudo-criticism of MMT. What Jon Hall does get, is that a nation's currency is "the people's money." Unfortunately, he doesn't understand the implications of that for accomplishing public purpose through the political process in a democratic republic. Worse, he doesn't seem to care about understanding it other than superficially in terms of his cognitive-affective bias.The American ThinkerThe 'Limitless' Capacity of...

George Galloway says it's curtains for the Saudi Regime, and maybe for Trump too as his family has so many connections to MBS. Anyway, it's quite gruesome, as Erdogan says he definitely has the tape of Jamal Khashoggi's horrific murder. [embedded content] Erdogan's doing the dance of the 7 veils..Shakespeare couldn't have written this, it's Macbeth on steriods" says George Galloway who talks to In Question's Anya Parampil about Jamal Khashoggi.

Recent viral video here where the well-trained guy palms a sucker punch (with his LEFT hand) and doesn't respond by kicking the living shit out of the un-trained non-libertarian "initiator of violence!"... interesting...[embedded content]

[embedded content] In this fascinating look at the "alpha male," primatologist Frans de Waal explores the privileges and costs of power while drawing surprising parallels between how humans and primates choose their leaders. His research reveals some of the unexpected capacities of alpha males -- generosity, empathy, even peacekeeping -- and sheds light on the power struggles of human politicians. "Someone who is big and strong and intimidates and insults everyone is not necessarily an...

Richard Wolff is clearly very angry here, but he is very articulate. Would the 'mighty ' and big mouthed Jordan Peterson have the guts to take up Richard Wolff 's challenge for a debate. I doubt it, because he has too much to lose as his rhetoric is built on hot air,  do it's easy to disassemble Jordan Peterson 's arguments.What annoys me, is that Jordan Peterson says his position is not political, as if he is stating some universal truth, but his arguments are clearly old fashioned right...

New research suggests a belief in oneness has broad implications for psychological functioning and compassion for those are outside of our immediate circle. Scientific American Blogs — Beautiful MindsWhat Would Happen If Everyone Truly Believed Everything Is One? Scott Barry KaufmanSee alsoHuffPostOur Models of Consciousness: How They Shape Our Reality Marjorie Woollacott | Emeritus Professor of Human Physiology and a member of the Institute of Neuroscience at the University of Oregon