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Mike Norman Economics

Moon of Alabama — Operation Hades – A Model For The ‘Novichok’ Case?

What is Operation Hades you ask? I confess to never having heard about it. It was a false flag operation conducted by the German intelligence and b, who is German, gives the details. Apparently, it was not reported in the US and a search on Operation Hades Germany turns up only a few hits in English, mostly later.Here is b's account. Telepolis points out (in German) that this would not be the first time that a 'western' service would stage such a 'provocation'. The Skripal case is indeed...

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Oleg Komlik — What is Economics? Read Keynes’ definition

Keeper Keynes' quotes.Economic Sociology and Political EconomyWhat is Economics? Read Keynes’ definitionOleg Komlik | founder and editor-in-chief of the ES/PE, Chairman of the Junior Sociologists Network at the International Sociological Association, a PhD Candidate in Economic Sociology in the Department of Sociology and Anthropology at Ben-Gurion University, and a Lecturer in the School of Behavioral Sciences at the College of Management Academic Studies

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RT — We came ‘to let US know’ about close military ties with Russia – Chinese defense minister in Moscow

"The shot heard around the world."  Beijing has sent a delegation to Russia to show Washington the unity of Russian and Chinese military forces and “support” Russia at the 7th Moscow Conference on International Security. Chinese Defense Minister Wei Fenghe voiced strong support for Russia during the talks with his Russian counterpart, Sergey Shoigu. While stressing “the united position” on the international arena, the minister said that one of the main goals of the visit was to send a...

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Gaius Publius — Stephen Hawking on What Killed the World of the Jetsons. Prelude to Thoughts on a Guaranteed Jobs Program

I’m about to start writing about the new proposal from Stephanie Kelton and her colleagues at the Levy Institute on the guaranteed jobs program, a proposal, by the way, that’s starting to get some serious notice. But ahead of that work I want to consider an extreme case, but not an unlikely one. What if, in the future, there simply aren’t enough jobs for everyone? What then? Put more simply, what’s the underlying assumption behind the world of the Jetsons? The late Stephen Hawking, in his...

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Exodus

Mass exit from shit holes in progress who can blame them: Why do we have a military? 1,500 migrants marching to our border - https://t.co/kfxgI3Jzmd — Ann Coulter (@AnnCoulter) April 3, 2018 Baltimore Democratic hellhole: Baltimore experiences mass exodus due to high crime, taxes, and murder https://t.co/cKlkRTCuoV #SmartNews — 13th. Truck (@13thtruck) April 3, 2018

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Doug Tsuruoka — ‘Star Wars’ missile defense is back, but not how it should be

Another multi-trillion dollar boondoggle in the works that could have been avoided. The Anglo-American defense industry will be pleased.Asia Times‘Star Wars’ missile defense is back, but not how it should be Doug Tsuruoka  | Editor At LargeSee also"Lest we forget." An indisputable fact is that what has led to both World Wars – that was British politics, or, if you prefer, whatever acted through it. However, there is an interesting difference between the activities of London in 1914 and...

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Bill Mitchell – My response to a German critic of MMT – Part 3

This is the third (and final) part of my response to an article published by the German-language service Makroskop (March 20, 2018) – Modern Monetary Theory: Einwände eines wohlwollenden Zweiflers (Modern Monetary Theory – Questions from a Friendly Critic) – and written by Martin Höpner, who is a political scientist associated with the Max-Planck-Institut für Gesellschaftsforschung (Max Planck Institute for Social Research – MPIfG) in Cologne. Today, we will discuss inflation and round up...

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