Mike Norman Economics

More winning!!!!  Kim's definitely looking good for that invite to Mar-A-Lago if he keeps this type of thing going... North Korean leader Kim Jong Un suspends nuclear and missile tests, shuts down test site https://t.co/0jpctAgdsN pic.twitter.com/XTvo4bDsT9 — nzherald (@nzherald) April 20, 2018 Double trigger fingers!!!!

Socialism is much more than public ownership of productive enterprises. Still, if there is one policy that clearly distinguishes socialists from their (or rather our) opponents, it is support for public enterprise as a way of organizing large-scale production, and, in particular, as the preferred model for industries characterized by natural monopoly or other major market failures. The opposite view, dominant since the 1970s, is the market liberal framework that favors comprehensive private...

Reminder whose interests international institutions represent and open what basis. This time it's the World Bank, but it includes the IMF, Bank of International Settlements, and other institutions upholding market-centric interpretation of the Washington Consensus that favors "capital formation" as the foundation for growth. Workers are just another commodity priced in the market based on their monetary worth as the market determines the value of the labor power they offer. The World Bank...

The need for more popcorn is unending. Please pass the popcorn.ReutersDemocrats sue Russia, Trump campaign for alleged 2016 election conspiracy Mark Hosenball, David AlexanderAlsoTrump returns fire.Zero HedgeTrump To "Counter" DNC Lawsuit; Seeks Servers, Clinton Emails And "Pakistani Mystery Man" Tyler Durden

More than 90 percent of Germans want better relations with Russia, while more than three-quarters think US President Donald Trump represents a greater threat to world peace than Vladimir Putin, a new poll says.Painting Russia as a boogeyman and a threat to the West has been the narrative of both the mainstream media and a number of Western states for some time. Now, a poll conducted by the Forsa Institute on behalf of the Wiese Consult group has revealed a substantial difference between the...

Creating the city of the future. A new blueprint was released Friday for a massive development that, if successful, will be merged with Beijing and nearby Tianjin into a megalopolis unlike any place in the world, and it sounds every bit as ambitious as promised. The vision at its core is to create a “new area” south of Beijing in Hebei province, which will serve as a testing ground for a new type of city fitted to industries of the future, while drawing residents away from the congested...

Update on the situation in the Middle East. The backstory is the effect of US policy on Europe.Asia TimesSyria, Iran and ‘chaos in international relations’ Pepe Escobar

Bear market rallies can be vicious. This is one.

Exposé of the White Helmets.Intel TodayRoger Waters : “White Helmets Is A Fake Organization That Creates Propaganda for Jihadists and Terrorists” L

Self-identified "erratic Marxist" Yanis Varoufakis. He absolutely and totally understands Marx and Engels' fundamental assumption (freedom and happiness) and method (engagement). Most either miss this or obscure it intentionally.  Psychologist Erich Fromm got it in his Marx's Concept of Man (1961). He begins the work with a section entitled,  The Falsification of Marx's Concepts, which reveals the caricature of Marx that has been created as a straw man to attack. Like the...