Mike Norman Economics

If you buy products or services from any of the 50 companies listed below (and you likely do), you are supporting modern American slavery The American Conservative run a good article today by Doug Bandow called,  The Madness of Military Intervention in Venezuela, where he said criticism of the Venezuelan dictatorship was justified, but war wouldn't improve the situation. He says, there are many odious  regimes in the world and North Korea uses slave labor prison camps. That might be true,...

The takeaway: The appropriate modes of economic organization vary from country to country. In saying this, I’m following Edmund Burke, who wrote: Circumstances (which with some gentlemen pass for nothing) give in reality to every political principle its distinguishing colour and discriminating effect. The circumstances are what render every civil and political scheme beneficial or noxious to mankind. The answer might lie in a distinction made by Burke as described (pdf) by Jesse [Norman]....

One of the principle ways in which so-called progressive political parties (particularly those in the social democratic tradition) seek to differentiate themselves from conservatives is to advocate large-scale public infrastructure investment as a way of advancing public good. You can see evidence of that in most nations. Nation-building initiatives tend to be popular and also are less sensitive to the usual attacks that are made on public spending when income support and other welfare-type...

Cutting out the middleman without using blockchain currency.TruthDig!Banks Are Becoming Obsolete in China—Could the U.S. Be Next? Ellen Brown

I agreed with everything in this video. It's a shame the public never get to hear debates like this. [embedded content]

I am planning an MMT Trader gathering and dinner in NYC in late October or early November. Let me know if you can make it.

The push is on to remove Donald Trump from the White House. Republican establishment joins with the Democratic "Resistance."Sparks set to fly, igniting many fires. The reality show is heating up. In light of the newest credible allegations against President Donald Trump, conservative writer Max Boot declared what many have long believed: Trump's presidency is illegitimate because his election was a "fraud." He made this claim based on the fact Trump was elected after having directed his...

The co-optation of the so-called US left, which is really the center in comparison to "the left" in the rest of the world. In the Obama years the marriage of the neocons and the humanitarian interventionists was effected. The neocons, with their doctrine of American Exceptionalism are always ready for an intervention and their justification is always the same: "American moral leadership":Our world needs a policeman. And whether most Americans like it or not, only their indispensable nation...

Expect additions to this thread. This is a developing story. “Social Media is totally discriminating against Republican/Conservative voices. Speaking loudly and clearly for the Trump Administration, we won’t let that happen. They are closing down the opinions of many people on the RIGHT, while at the same time doing nothing to others.......” the president tweeted.  “.....Censorship is a very dangerous thing & absolutely impossible to police. If you are weeding out Fake News, there is...

The president of Bosnia’s autonomous Serb Republic has accused the U.S. Embassy in Sarajevo of using its development agency to interfere in the Balkan country’s election process, a charge dismissed by the embassy as a “wild” conspiracy theory. ReutersBosnian Serb leader accuses U.S. of meddling in elections, embassy denies charge