Mike Norman Economics

The Project Syndicate is held out as an independent, quality source of Op Ed discussion. When you scan through the economists that contribute you see quite a pattern and it is the anathema of ‘independent’. There is really no commentary that is independent, if you consider the term relates to schools of thought that an economist might work within. We are all bound by the ideologies and language of those millieu. So I assess the input from an institution (like Project Syndicate) in terms of...

Consortium NewsBack in the (Great) Game: The Revenge of Eurasian Land Powers Pepe Escobar Strategic Culture FoundationAsymmetric Financial War and Radical US Leverage – What Will It Bring? Alastair Crooke | founder and director of the Conflicts Forum, and former British diplomat and senior figure in British intelligence and in European Union diplomacy Strategic Culture FoundationWhat We Threw Away Patrick Armstrong The Unz Review The Holocaust in the USSR Holocaust Exegesis Anatoly...

Guess what, Iran is now being accused of influencing US elections, as well as China and Korea. The public is getting primed for war with Iran, says Jimmy Dore. To us that know, the whole thing it's a stupid joke, except millions could die. The lies they put out are infantile. How could the US be so cruel? And the unsuspecting public have no idea.  [embedded content] As RussiaGate continues, Iran is becoming a new scapegoat. With Abby Martin and Mike Prysner.

I often say that my long-term goal here is to become obsolete so that I can focus on making art and poetry. Ideally this will look like our society shifting to a mode of operation that is so healthy that there is no longer any demand for an Australian political blogger who points out the fact that it’s wrong to manipulate public thought with mass media and drop explosives on children, but I’ll also settle for a world in which there are enough people doing this sort of thing that I’m no...

President Donald Trump has accused search giant Google of deliberately highlighting negative news about his administration, and “controlling what we can and cannot see.” Trump vowed that the situation “will be addressed.” https://www.rt.com/usa/437054-trump-google-censorship-news/

Children’s Society analysis suggests tens of thousands hurting themselves on purpose Did you watch the film, Riding a C90 Through Iran, where everyone seemed happy and friendly.  The young English biker did not need to buy any food while he was there as the Iranians just gave him food for nothing. Then at one point he pulled up at a place to buy petrol and they invited him in for lunch and gave him a nice meal. They couldn't speak any English but they loved his company, and after the...

In a previous post (Milton Friedman: A Man of the Past?), I concluded that Milton Friedman, an extreme advocator of "free market" and individualism, is mostly an economist of the past. In this post, I will highlight John Maynard Keynes, a balanced advocator of both "free market" and "managed market", as the best economist since 1899.... Frank Li is a Chinese ex-pat now a businessman in the US, has a BE, ME, and PdD in electrical engineering. So cut him some space on the economics. He is...

I've known writers who have the essay almost fully formed in their mind, and it just pours out on to the page. It's happened for me a few times. But most writing for me, and I suspect for others, starts from a place of less clarity. There's an idea, to be sure, and some support for the idea. But as you try to put the ideas into concrete words, you become aware of a lack of precision in what you are saying, of a failure to capture what you really mean to say, of holes and inconsistencies in...

The deficit is now $766 bln, the highest in 6 years and the highest in 5 years as a %  of GDP. Where are all the MMT gods touting this as bullish? Mosler's still bearish. He's been bearish for 4 years. Missed the entire rally.Kelton? Still criticizing Trump. BTW...at Mike Norman Economics we look at FLOWS. It gave us the bullish signal a long time ago.

I quite this guy. I don't know who he is, but  I like it when ordinary people set up their own news shows. If only we got news like this in the MSM. The real news. [embedded content]