Mike Norman Economics

Good summary with timeline. Project SyndicateWhat Sank the Kim-Trump Summit?Ramesh Thakur, a former assistant secretary-general of the United Nations, is emeritus professor at the Crawford School of Public Policy, Australian National University, and co-convenor of the Asia-Pacific Leadership Network for Nuclear Non-Proliferation and Disarmament

In Enlightenment Now: The Case for Reason, Science, Humanism, and Progress, published earlier this year, Steven Pinker argues that the human race has never had it so good as a result of values he attributes to the European Enlightenment of the 18th century. He berates those who focus on what is wrong with the world’s current condition as pessimists who only help to incite regressive reactionaries. Instead, he glorifies the dominant neoliberal, technocratic approach to solving the world’s...

The Empire at work. Is history about to repeat?Al Jazzera — OpinionVenezuela is about to explode Matias Vernengo | Associate Professor of Economics, Bucknell UniversitySee alsoNaked KeynesianismLula da Silva is a political prisoner. Free Lula!Matias Vernengo | Associate Professor of Economics, Bucknell University

The Job Guarantee is finally getting the public debate it deserves and criticism is expected. Building on several decades of research, the Levy Institute’s latest proposal analyzes the program’s economic impact and advances a blueprint for its implementation. Critics have taken note and are (thus far) restating the usual concerns, but with a notably alarmist tone.... The usual shills for capital contra labor. Multiplier EffectThe Job Guarantee and the Economics of Fear: A Response to Robert...

Again or still? Looks like the difference between low and high boil.Bond Economics Euro Crisis (Again)Brian Romanchuk

Art of the Deal: North Korea still wants to meet with the Trump administration saying, "we are always willing to provide time and opportunity to the U.S. with a generous and open mind" https://t.co/FtWMSCfii7 — MPR News (@MPRnews) May 25, 2018 Double triggers!! #winning  #4Dchess

How (logically) could she have been "the Roman goddess of money" when the English language figure of speech word "money" is itself a transliteration of her name in the first place???Impossible for her to be "the Roman goddess of money!".... “Slave Profits”, the recycling of the Roman goddess of money as a mulatto, the Goddess Moneta. The slaves toiled while she got the money. pic.twitter.com/D03S9qHVFk — Onlyindreams (@OnlyindreamsFCO) May 25, 2018

What China is up to.Tom LuongoPetroyuan is Only the Beginning, Pop Goes the Metals Market

Wandering the streets of Shanghai to admire the architecture, the head of one of the largest U.S. consumer banks recently found himself surrounded by a gaggle of teenagers.Entranced by their phones, they hardly made way for the banker. The teens were messaging, shopping and sending money back and forth, all without cash. Instead, they were using Alipay and WeChat. The scary thing for the American: Banks never got a cut. The future of consumer payments may not be designed in New York or...

More philosophy of economics, or foundations, if you prefer. Good read if you are into this. It runes along the lines of what amateur economist and working physicist Jason Smith has been saying about foundations.J. W. Mason's BlogThe Wit and Wisdom of Trygve HaavelmoJW Mason | Assistant Professor of Economics, John Jay College, City University of New York