Mike Norman Economics

S&P 500 companies have returned a record $1 trillion to shareholders over the past year, helped by a recent surge in dividends and stock buybacks following sweeping corporate tax cuts introduced by Republicans, a report on Friday showed... ReutersS&P 500 Companies Return $1 Trillion To Shareholders In Tax-Cut SurgeNoel Randewich

Say's Law ("money is a hot potato").Lars P. Syll’s BlogMainstream economics — peddling fake knowledgeLars P. Syll | Professor, Malmo University

Spoiler: 2038 or before. If the world is still around then.Zero HedgeHere's When China Will Win The Arms Race With The US, And How BofA Is Trading It Tyler Durden

Lost economic and financially, that is. The Federal Reserve Bank of St. Louis published a new report examining the relationship between a person’s birth year, and measures of his or her family’s economic status, including income and wealth. Fed economists determined that substantial wealth declines were visible across the age spectrum around the Great Financial Crisis (GFC) but found that young families suffered the most. Zero HedgeMillennials Are Now Considered The "Lost Generation"...

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