Mike Norman Economics

Misleading title. The post is a list of links about global oil conditions.GeopolitikaAll Eyes On Iran As Oil Prices Soar

Making policy based on fairy tales.Lars P. Syll’s BlogBusting the NAIRU mythLars P. Syll | Professor, Malmo University

Revealing speech from Fed's Quarles yesterday (of course at Hoover! Can't even make it up... LOL!), imo must read for us.  Some pretty good news on the pace of the QE reversal for this year and next and also reveals how Fed policy can effect asset composition at the depositories... The figure illustrates that the Fed's securities holdings are projected to decline about $400 billion this year and another $460 billion next year as Treasury and agency securities continue to roll off gradually...

Remainers claim that Brexit will be an economic apocalypse. But it provides the opportunity for a radical break with neoliberalism. JacobinWhy the Left Should Embrace Brexit Thomas Fazi and Bill Mitchell

ZH does its own exposé.Zero HedgeTrump Cuts Off Funding For Syria's "White Helmets" Tyler DurdenSee alsoSamantha Power catches it on Twitter after support of the White Helmets. Scroll down to view the comments on her post.TrendsMapSamantha Power

Catching out (chiefly UK) media lies. The Guardian in particular takes on the chin.Moon of AlabamaMedia Use Disinformation To Accuse Russia Of Spreading Such b

In an interview with ProMarket, Glen Weyl, co-author of the wildly ambitious (and wildly controversial) new book Radical Markets: Uprooting Capitalism and Democracy for a Just Society, talks about antitrust, data as labor, and why he thinks the free market system is not actually free. “The entire business community has been speaking with one voice in the common interest of capital as a class,” he says.... A different take on "socialism" and how to implement it using markets in addition to...

People don’t understand the Fed’s balance sheet reduction.

Ministers need to adopt measures that secure a basic human right to engage in productive employment The GuardianThe Guardian view on a job guarantee: a policy whose time has comeEditorial

More questions based on the implications of a job guarantee.EconospeakJob Guarantees, Collective Bargaining and the Right to Strike Sandwichman