Mike Norman Economics

 Deputy Leader 'ashamed' of party's response to Jew hate One by one, Labour Party members could end up getting expelled from the British Labour Party if they ever mention they disprove of Israel's policies. Freedom of speech is being curtailed. Tom Watson says he's glad that Ken Livingstone left the Labour Party. But this which hunt  is really a ploy to remove Jeremy Corbyn as party leader. Just about any self respecting lefty would disapprove of Israel's policies towards the Palestinians,...

The System Fairy will make your dreams come true

Gee, peace with Putin, what's Trump playing at, surely war is better - with thousands of troops lined up at Russia's border? Surely we are better off wasting our money and resources on military expenditure? Peace, of all things, with the risk of billions of lives perishing removed. The liberals are not happy! Trump is a badass!

For years, testimonies have been heard but up until now, no evidence has been published to confirm them. On Wednesday, the Knesset Special Committee on the Disappearance of Children from Yemen, the East and the Balkans were shown photographs that seem to attest to medical experiments that were conducted on Yemenite children during Israel’s early years. In one of the photographs, naked children are seen with scribbles marking where their internal organs are located.This made new feel Ill...

Renegade Inc. say they were there on the ground during the Libyan revolution and the people there generally believed the Western lies that they wanted to liberate them when really what they were after were their resources. Now Libya is a failed state overrun with jihadists fighting for control of Libya's resources. Many thousands have died and millions more driven into poverty, while the West takes no interest and neither does the media.One bit of good news, and I hope he's right, is that Dr...

One indication of the growth of self-employment activity has been the rise in the number of people filing Schedule C income and self-employment earnings in their annual tax filings. This growth has been cited to illustrate the escalation of self-employment and to suggest that Bureau of Labor Statistics (BLS) measures of self-employment are missing an important phenomenon. Tracking headcounts of tax filings, however, does not adequately reflect trends in the economic impact of...

This time in the dollar.

China may be behind this latest surge in oil. If so, look out. And gold will follow.

From a new paper by Antonio Fatas: “This paper studies the negative loop created by the interaction between pessimistic estimates of potential output and the effects of fiscal policy during the 2008-2014 period in Europe. The crisis of 2008 created an overly pessimistic view on potential output among policy makers that led to a large adjustment in fiscal policy during the years that followed. Contractionary fiscal policy, via hysteresis effects, caused a reduction in potential output that...

Chinese President Xi Jinping has called for a robot revolution in manufacturing to boost productivity. Wages in China are rising, and it's becoming harder to compete with cheap labor. An aging population in China also necessitates automation. The working-age population, people age 15 to 64, could drop to 800 million by 2050 from 998 million today. Chinese robotic growth is forecast to exceed 20 percent annually through 2020. Interesting article to read in full. China's socialist ideology...