Mike Norman Economics

Please join me for the first annual, MMT Trader dinner in NYC, Saturday, November 10 at 7pm. Drinks, food, discussion, stories, revelry, fun.In the heart of Wall Street at famed Harry's Restaurant. $250 per person.Click on the link below to reserve.https://www.pitbulleconomics.com/mmtdinner/-Mike Norman

The Western aristocracy is barking mad and filled with greed. They're so rich, so why do they want even more money? Is it the fun of it? Psychopaths feel no love, so they're lives are empty and filled with boredom. Are we on the brink of a new war? It looks very much like it. Will it be justified? I do not think so. Can we stop it? It is worth a try. Almost everyone missed an amazing and worrying moment in Parliament last week, when Foreign Office Minister Alistair Burt (pictured right) gave...

The leader of one of Britain’s main trade unions has suggested that Israel created the antisemitism row that has engulfed Labour over the summer. Mark Serwotka, who leads the Public and Commercial Services Union (PCS) and is a staunch supporter of Jeremy Corbyn, told a fringe event at the Trades Union Congress conference that the Jewish state could have “created a story that does not exist” in order to distract attention from “atrocities” he said it has committed. His comments were condemned...

Here’s a short list of what we should have learned but didn’t. Forbes — Pragmatic EconomicsFour Lessons (Not) Learned From The Financial CrisisJohn T. Harvey | Professor of Economics, Texas Christian University

Venezuelan President Nicolas Maduro returned to Caracas Monday upon concluding a four-day visit to the People’s Republic of China, which saw the two countries sign twenty-eight bilateral agreements, including a new US $5 billion Chinese loan and joint plans for a fourth satellite, in addition to strengthening political ties.... “I have had to overcome economic sanction measures by the US and Europe, who persecute Venezuelan bank accounts, kidnap billions of dollars in international...

MMT.Independent Australia Australia and the new social democratic movementSteven Hail

RTSerial numbers of missile that downed MH17 show it was produced in 1986, owned by Ukraine - Russia Dances with BearsMEMO FROM HENRY KISSINGER TO VLADIMIR PUTIN ON IDLIB — A REMINDER OF HOW THE TURKS AND AMERICANS DO THINGS TOGETHER John Helmer Zero HedgeHere's How Turkey Stalled The Syrian-Russian Offensive On Idlib Elijah Magnier, Middle East based chief international war correspondent for Al Rai Media Tom Luongo Bill Browder Strikes Back in Europe Intel Today Havana Syndrome —...

The destruction wrought by our political and financial elites could take another 10 years to undo. Last week the American Conservative ran an article about how tough it was now for the upper middle clasess. Their wages may be okay, but their jobs were harder than ever and their bills were increasing, so much so, that after for paying for everything they didn't have much spare cash for an emergency.  This week in the American Conservative it's now the younger middle class that are...

Asking the right question. The challenge for the future of work is not really about the quantity of jobs, but their quality, and whether they pay enough to provide a decent standard of living. In the US, ensuring that they do starts with raising the minimum wage and ensuring that other existing tools don't go unused. Pavlina needs to get in contact with Laura and set her straight. Similarly, proposals in the United States for a federal jobs guarantee have been gaining momentum on the...

Only marginally related but important, I think, in developing a curious approach that is also rigorous in any area using the Socratic method. Teachers, writers, and researchers know from experience that the ability to formulate good questions is the secret to success. Eric Schliesser suggests teaching that skill to philosophy students and he propose a way to do this.  While philosophy is about creative problem-solving and critical thinking, I would say that creative problem-solving and...