Mike Norman Economics

Click this link. Data For Progress decided to ask people about policy proposals which very serious centrists consider way too far left for America. American voters respond differently. As should already be clear from existing polls (click and search for “fair”), there is strong support for egalitarian populist redistributive public policy. At Data For Progress, they chose to emphasize the positive — four proposals with overwhelming support, but I think it is just as striking that opinion...

Sometimes there is clarity. Like when the Koch brothers-funded report on US health care came up with the ‘wrong’ conclusion – that is the right conclusion – $US2 trillion dollars worth of right conclusion. And like when a hard-core German economist breaks ranks and lays out the case for scrapping the Eurozone. Clarity. In the past week there have been some notable contributions to the debate about the viability of the Eurozone. Two German academics, coming from opposite directions,...

More of Science people arguing with Art people:I'd encourage people to read this whole thread, and click on several of the links, and then ask yourself what it says that these are the most compelling defenses of the conventional view of budget deficits. https://t.co/Cf8Q20hcJw— Joe Weisenthal (@TheStalwart) August 2, 2018 Art people are not qualified and shouldn't be allowed to get involved in these material matters... they should just stick with the Art...

Now the imperialist colonizers are afraid of being colonized by China rising. What's that about what you sow, so shall you reap?James Petras WebsiteImperialists’ Fear and Loathing. . . of being Colonized James Petras | Professor (Emeritus) of Sociology at Binghamton University in Binghamton, New York and adjunct professor at Saint Mary's University, Halifax, Nova ScotiaSee alsoSputnik InternationalChina Seeking Both Economic and Military Dominance by Use of AI – Prof

Turf wars.Sputnik InternationalFormer Trump Strategist Bannon Warns GOP Candidates Against Kochs' 'Toxic' Money

CENTCOM on it:"We are aware of the increase in #Iran naval operations within the Arabian Gulf, Strait of #Hormuz and Gulf of Oman.“ – Navy Capt. Bill Urban, CENTCOM Spokesman @US5thFleet https://t.co/e0hDa5CANb— U.S. Central Command (@CENTCOM) August 1, 2018 This comes after this last week: The Saudi government said it has suspended oil shipments through the Red Sea after Yemen-based, Iran-aligned Houthi rebels attacked Saudi oil tankers. pic.twitter.com/KeZ7ZMpAdo— The Epoch Times...

"We had to destroy the place to save it."Defend Democracy PressCoalition forces killed more civilians than Islamic State, study finds Anne GullandSee also Israel wants to be ‘darkness unto the nations’ — to remove the mask so as to reveal the ugly face of ultranationalist Israel in all its repugnance Nation-state Bill Heralds the End of Israel as a Jewish, Democratic State Mordechai Kremnitzer

In fairness to the Democrats, they likely saw it as payback for the attackers on John Kerry's military recored and the Obama birther conspiracy theory that Trump backed at least obliquely. Then the GOP Never Trumper's jumped on board, too, followed by some US intel chiefs aligned with one of the above. Those who know American history know that this is an American tradition. There's nothing new under the sun. All's fair in love, war — and politics.And it was not just to crush Trump...

The real reason behind the push for censorship of social media. I’m not a great fan of Marxist philosophy, but one thing it has got right is the need to be sceptical when faced by what academics like to call ‘normative’ claims, and to be aware that such claims often hide a bid for power. When faced by such a claim, one should always ask ‘Cui bono?’ – who benefits?... Not just Marxist philosophy. Anyone with a working crap detector knows this intuitively. It's just being...

This is big news and potentially market altering in a not so obvious way.