Mike Norman Economics

Owen Jones, Paul Mason & the problem with the UK left  Owen Jones and Paul Mason are widely considered to be the UK’s pre-eminent left-wing commentators; both appear frequently on television and radio, write regularly for mainstream publications like The Guardian and The New Statesman, have had books published (and subsequently translated into multiple languages) and attract enormous followings on social media: as of August 2018, their Twitter accounts have 742,000 and 597,000...

Inquiring minds want to know. Martin Armstrong zeros in. This is not about Magnitksy's death, which even his family agrees was not the result of the Russian government, or even Bill Browder's machinations. It's too pervasive not to be state sponsored. Armstrong suggests why. It's quite possible that Vladimir Putin explained this to Donald Trump privately, but the president is too boxed in to use the information publicly. High intrigue, indeed, and at the state level, if Armstrong is even...

Comprehensive update for those following MENA affairs. Sic Semper Tyrannis A "Tour d'horizon" of the ME - Lang's opinion Col. W. Patrick Lang, US Army (ret.) At the Defense Intelligence Agency, Lang was the Defense Intelligence Officer (DIO) for the Middle East, South Asia and counter-terrorism, and later, the first Director of the Defense Humint Service. At the DIA, he was a member of the Defense Senior Executive Service. He participated in the drafting of National Intelligence...

"It can't happen here.""Hate-speech" is different.Note that this is a voluntary action taken by the private sector. So there is no violation of the First Amendment, which prohibits government censorship.ReutersFacebook, Apple remove most of U.S. conspiracy theorist's content Rich McKayAlso at ReutersThis is kind of a big deal. Chinese state media is usually pretty moderate. This is an attack on POTUS and it represents ratcheting up.Chinese state media slams Trump for 'extortion' in trade...

This is the best analysis of the political situation in Russia after Putin's recent election by an overwhelming margin that I have seen and I look at quite a bit on Russia. It's a big picture approach that looks at Russia's future based on the present state.Most of the analysis in the Western media is so biased as to be nonsense. The best analysis in the West by professors like Stephen F. Cohen and Paul Robinson is good, but it takes a Russian on the ground there to do the nuance. Anatoly...

China’s policy in the Great Recession was not just ‘fiscal stimulus’ in the Keynesian sense, but outright government or state investment in the economy. It actually was ‘socialised investment’. Investment is the key here –as I have argued in many posts – not consumption or any form of spending by government.… As John Ross said on his blog at the time, “China is evidently the mirror image of the US …If the Great Recession in the US was caused by a precipitate fall in fixed investment,...

Good read. Relatively short and on point.RedFlagSocialism is back, with good reason Daniel Taylor  

Sheriff Bill at his best. Long and detailed analysis of liar's loans. New Economic PerspectivesBank Whistleblowers United Told DOJ to use 4506-T as Kryptonite v BankstersWilliam K. Black | Associate Professor of Economics and Law, UMKC

Wow they murdered it. Net income rose to $12.01 billion, or $7,301 per Class A share, from $4.26 billion, or $2,592 per share, a year earlier.  Results also reflected a decline in Berkshire's effective income tax rate to 20 percent from 28.9 percent, following last year's cut in the federal corporate tax rate. #sp500 #nasdaq #DowJones #cnbc #CNBCFastMoney Berkshire Hathaway's profit skyrockets on insurance, other businesses gains https://t.co/k9FUgjUxSX — Yuxing Sun (@SigP226) August...

An extensive new Oxford University study shows that governments, political parties, and NGOs spend well over half a billion dollars around the world to influence elections and public opinion, most of it in a completely unregulated and secretive manner. We speak to the study’s co-author, Samantha Bradshaw…. TRNNOxford Study: Political Data Mining Companies are Manipulating Elections Around the World Sharmini Peries interviews Samantha Bradshaw, senior fellow at the Canadian International...