Mike Norman Economics

I don't see where he gets "hundreds of thousands" unless he's thinking Syria/Russia are going to use WMDs....President Bashar al-Assad of Syria must not recklessly attack Idlib Province. The Russians and Iranians would be making a grave humanitarian mistake to take part in this potential human tragedy. Hundreds of thousands of people could be killed. Don’t let that happen!— Donald J. Trump (@realDonaldTrump) September 3, 2018

Why are socialist programs do unpopular today?  In Europe we are fairly well integrated, so we are less inclined to believe that other people getting benefit, or welfare, don't deserve it. We see the social security system as something like a national insurance scheme, which we all pay into and hope we never have to draw on. It's just for in case things go wrong. This is why I believe there will never be a libertarian society, because even most conservatives want a back up system in case...

I read Jeff Gates book, Guilt by Association, which was a real eye opener, and there was even a chapter on economics in it where he described how supply side economics was an orchestrated criminal racket.Anyway, in this video he describes what an asset is and how they are used in game theory. Which is different to what to what I thought an asset was, which was someone who helped the CIA, or MI6, ect. Anyway, all of us have biases and triggers which the intelligence agencies of other...

Crikey, even Tucker Carlson says this type of capitalism is unsustainable! Amazon employees earn such low money they are on food stamps and housing support, all subsidised by the tax payer, while Amazon doesn't pay any tax. Amazon and Wal-Mart push other companies out of business that do pay tax and better wages, but the journalists on the so called left in the MSM say nothing. [embedded content]

On August 1, 2018, the 10-year Japanese government bond yield, shot through the roof (albeit a very low one). Yields shifted from 0.05 per cent on July 31 to 0.129 on August 1, which was the largest one-day rise since July 29, 2016 (when the yield rose 0.101 per cent). The Financial Times article (August 1, 2018) – Japanese bond market jolted as traders test BoJ resolve – wrote that “traders wasted no time in testing the Bank of Japan’s resolve to loosen its target range for the debt...

I used to think that in the future things would just get better and better, but now I'm not so sure. One day we will be able to live forever, but that might bring about the end of the world. But they will be able to genetically eradicate all diseases, wow! And yet every person could be genetically engineered in the embryo stage to be ultra smart, beautiful, artistic, superb at sports, music, whatever. Well, I'm not sure about that, because the fun comes from competition and getting good at...

Well, this will see me out for tonight. I find Charles Ortel and Jason Goodman interesting because they are so right -wing. Here, they complain about the silicon valley people, Facebook, twitter, etc, for being left wing.Left-wing? Well, that's not my idea of left -wing, especially as they work with the CIA and the military -industrial complex which is hawkish, Dr Strangelove, right-wing to me. Oh, I get it, they want transgender toilets in the military so that makes them left -wing. Is that...

Lars P. Syll’s Blog The gross substitution axiom Lars P. Syll | Professor, Malmo UniversityMichael Roberts BlogLehmans, animal spirits and the failure of the progressives Michael Roberts EconospeakChina Starts Yuan/RMB Futures Market J. Barkley Rosser | Professor of Economics and Business Administration James Madison University Zero Hedge The Truth About Idlib In The State Department's Own Words Tyler Durden RTDeclassified docs reveal how Pentagon aimed to nuke USSR and China into...

Net US Treasury withdrawals up 3.82%...$SPX is reporting revenue growth of 10.1% in Q2 2018, which would be the highest revenue growth since Q3 2011. https://t.co/mywCwPAYAb pic.twitter.com/RST4OPqHm3— FactSet (@FactSet) September 2, 2018

The problem then becomes that their training via Art Degree methodology leaves them less qualified or even unqualified for a job in the material fields...Also like, your mileage may vary, but over the course of my life I have found it a much better fit when my pay-the-bills job ISN’T in the arts. That way all that creative energy belongs to me alone instead of being expended on behalf of someone ELSE’S creative vision.— Claire Willett (@clairewillett) September 1, 2018