Mike Norman Economics

Time spent on home chores increases inequality among American households.… The idea that income inequality might be tempered by “home production”—with low-income families cooking meals at home rather than eating out; mowing the lawn instead of hiring a service—is both intuitively and emotionally appealing. If families can’t earn big bucks, goes the notion, at least they can provide for themselves and thereby soften the blow of poverty due to low wages and unemployment. The story aligns...

The Zionists are getting slammed, in case you missed it. And they are not helping their own case.Craig Murray BlogCondemned By Their Own WordsCraig Murray, formerly British ambassador to Uzbekistan and Rector of the University of Dundee

More on the raging debate over tractability begun by Beatrice Cherrier, if you are following it. Lars P. Syll’s BlogTractability hoax redux​Lars P. Syll | Professor, Malmo UniversityInformation Transfer EconomicsTractability for tractability's sake?Jason Smith

Sen. Bernie Sanders will introduce a plan to guarantee every American a job paying $15 an hour, according to a new report. The plan comes after two other Democratic senators, Cory Booker and Kirsten Gillibrand, also backed job guarantee proposals. Advocates for the plan say it will fight inequality and dampen recession, while opponents say it is an inefficient use of government resources. Woo hoo.Thank Stephanie Kelton, especially, and the MMT economists! Business InsiderBernie Sanders...

If there’s any plaintiff’s law firm in America that should know racketeering when it sees it, it’s Cohen Milstein. It’s sued the major Wall Street banks repeatedly with a solid win rate for colluding to rig pretty much anything that trades. On Friday, in the same Federal District Court where its Wall Street actions are litigated, the Southern District of New York (SDNY), it filed its bombshell RICO lawsuit on behalf of the Democratic National Committee (DNC). Wall Street On ParadeWhy Did a...

Getting real about motives.Sykes-Picot.For France and the UK, making their countries great means recapture some of their colonial power.Macron setting himself up as the new DeGaulle? "A la gloire de la patrie." Sputnik InternationalLavrov Calls French President Stance on Syria ‘Colonial’

Uli Gack, a correspondent of the German state-run Zweites Deutsches Fernsehen (ZDF) broadcaster has visited the Damascus countryside [Douma is lcoated near it] and has found that refugees from Douma say that the April 7 chemical attack was “staged”. “People told us in a very convincing manner that this whole story was staged,” he told adding that he visited of the refugee camps near Damascus, where “some 20,000 people from Eastern Ghouta and particularly from Douma” had been placed....

The prevailing orthodoxy in terms of class identification over the last few decades has been through the nexus of lifestyle choices and job roles. Indeed, this understanding of class in the subjective sense has, since the emergence of neoliberalism four decades ago, been in the ascendancy while conversely, the recognition that class is an objective category measured in terms of ones relationship to the means of production, has been in retreat.... Renegade Inc.Class MattersDaniel Margrain

The IMF just released a positive World Economic Outlook report for 2018. Still, in order to make sure that the outlook remains good, the IMF makes recommendation that would lead to recession, says CEPR's Mark Weisbrot.… GS: There seems to be a general perception that the IMF has changed its ways and adheres less to neoliberal economic orthodoxy than it used to. MW: … I think the perception that they've changed is really based on mostly what comes out of the research department. There have...

The author and former military analyst tells The Nation that it’s still US policy to launch a first-strike nuclear attack. Russia not paranoid?The NationThe Secret Daniel Ellsberg Really Worries About Mark HertsgaardSee also"General" Prince?TRNN Infamous Mercenary Erik Prince Being Considered to Build Trump's Foreign Army for Syria Ben Norton interviews Medea Benjamin,s co-founder of the peace group CODEPINK and the human rights organization Global Exchange