Mike Norman Economics

This debunks the idea by the authors (Ben Fine and Alfredo Saad-Filho) that “underlying Keynesianism is the idea that there is a natural or equilibrium full-employment interest rate”. Keynes quotes proving the point.econoblog 101A Post-Keynesian comment on “Marx’s “Capital”‘ (6th ed.)Dirk Ehnts | Lecturer at Bard College Berlin

The alt-right Red Ice people interview the Russia Insider guy.  Substantial amount of gay bashing towards the end:[embedded content]

More commentary on the current banking reform bill (S.2155) from the unqualified.  But we can treat as revealing none the less.... The central feature of the leverage ratio is that it makes no distinction between assets and exposures. The Bill proposes that policy depart from that simple system. In particular, it proposes that reserves (broadly, deposits) held by banks with the Federal Reserve should be excluded from ‘total assets’.   ... the SRC recognises that there are special...

Neo-cons losing it...Bill Kristol criticized Trump hiring Tillerson for being too pro-Putin, but today he's saying Tillerson was too anti-Putin! Can't make this stuff up pic.twitter.com/NV3obCRzKY— Jack Posobiec ?? (@JackPosobiec) March 13, 2018

On Monday, Prime Minister Theresa May announced that former Russian spy, Sergey Skripal and his daughter Yulia, were poisoned with “a military-grade nerve agent of a type developed by Russia” known as ‘Novichok’. The chemical agent was identified by the Defence Science and Technology Laboratory at Porton Down. May referred to the British government’s “knowledge that Russia has previously produced this agent and would still be capable of doing so” as a basis to conclude that Russia’s...

After the Italian elections and Trump’s commercial antics one might well feel depressed and be tempted to use Europe to play the same silly game of introverted assertion of identity – strengthening immigration laws and ramping up protectionist measures. In so doing, we would be forgetting two key points. One: contrary to what we sometimes hear, the rise of European populism is not explained by any flood of immigrants. The truth is that the number of migrants entering the UE was much higher...

Backgrounder. RTNovichok – toxic questions about chemical at center of Skripal saga Also  Wikipedia — Novichok Agent Also Introduction to Novichok AgentsAlsoOne News NetworkOnly Russia could be behind U.K. poison attack: toxin’s co-developer Joseph AxAlsoPravdaPoisoned Russian spy Skripal and his daughter will never recover if they stay alive

“The new CIA director was a key part of the torture program and its illegal cover-up. Her name was on the Top Secret order demanding the destruction of tapes to prevent them being seen by Congress. Incredible.” — Edward Snowden 'Nuff said. Consistent with Trump's views on the use of torture. Intel TodayGina Haspel Becomes First Female CIA Director LAlsoMoon of AlabamaTrump Votes For Rexit - Torture Girl To Become CIA Director bAlsoThe Cipher BriefHaspel Nominated to Lead CIA, Pompeo to...

I think that Pompeo's nomination and his eventual confirmation brings the world closer to a US-Russia war. If that happens it will be difficult if not impossible to keep the war from escalating toward the use of nuclear weapons. Israel wants war, a wrecking war with Iran. Israel wants the US to win that war for Israel. IMO Israel would be wrecked in such a war whatever the outcome. This is an August, 1914 moment. Sic Semper TyrannisLooks like Mattis is the grown up in the roomCol. W....

Bruce Lee eschewed styles when it came to martial arts. As traders we should do the same.