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Mike Norman Economics

Bannon to Charlie Rose — Trump Combined ‘Jacksonian Populism’ & ‘Hamiltonian Economic Nationalism’ to Galvanize Working-Class Americans

MAGA. Steve Bannon seem to have either forgot about or is ignorant of Friedrich List and the National System and a lot of other American populist and economic nationalist history. Or he is just pumping the big names that most people recognize and relate to. Breitbart News Bannon to Charlie Rose: Trump Combined ‘Jacksonian Populism’ & ‘Hamiltonian Economic Nationalism’ to Galvanize Working-Class Americans Tony Lee

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Viable Opposition — The Friendship Treaty Between China and North Korea

Must read. With the Trump Administration threatening to move against the Democratic People's Republic of Korea (DPRK) as a punishment for their ballistic missile and nuclear programs, it is a good time to take a look back to 1961 when the People's Republic of China and the DPRK signed the "Treaty of Friendship, Co-operation and Mutual Assistance Between the People's Republic of China and the Democratic People's Republic of Korea.Here is the text of the treaty which was signed in July 1961:...

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Ryan Grim — The Obamacare Fight Is Over — Now It’s On To Universal Medicare

The train is pulling out of the station. The InterceptThe Obamacare Fight Is Over — Now It’s On To Universal Medicare Ryan GrimAlsoBernie’s Army: 24 Organizations With Millions of Members Vow To Help Pass His Universal Medicare Plan Zaid Jilani Pharma CEO Worries Americans Will Say “Enough is Enough” and Embrace Bernie Sanders’ Single-Payer PlanLee Fang

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William J. Astore — The ‘World’s Greatest Military’ Is Indeed Great—at Defeating Itself

Once upon a time, when there were still two superpowers on Planet Earth, Washington’s worldwide military posture had a clear rationale: the containment of communism. Soon after the Soviet Union imploded in 1991 to much triumphalist self-congratulation in Washington, the scholar and former CIA consultant Chalmers Johnson had an epiphany. What he would come to call “the American Raj,” a global imperial structure ostensibly built to corral the menace of communism, wasn’t going away just...

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Robert Parry — Reagan Documents Shed Light on U.S. ‘Meddling’

“Secret” documents, recently declassified by the Reagan presidential library, reveal senior White House officials reengaging a former CIA “proprietary,” The Asia Foundation, in “political action,” an intelligence term of art for influencing the actions of foreign governments. The documents from 1982 came at a turning-point moment when the Reagan administration was revamping how the U.S. government endeavored to manipulate the internal affairs of governments around the world in the wake of...

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Yanis Varoufakis: Germany needs a frank debate, not this tepid election campaign

The Greek people are paying dearly for having been lulled into a false sense of security, writes former Finance Minister Yanis Varoufakis. Germans, he says, are laboring under the same illusion today. Complacency is a country's worst enemy.  My compatriots were, once upon a time, lulled into a false sense of having "made it." I very much fear that a majority of Germans feel their land is "doing fine." That the federal election campaign is proving such a tepid affair is a reflection of the...

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Bill Mitchell — Paradigm shift – not from the CORE Econ Project – as mainstream as you will get

Next Friday (September 22, 2017), I will be presenting at a panel on developments associated with the proposed MMT University and our new MMT Macroeconomics textbook, which will be published by Macmillan in April 2018. The panel will present during the First International MMT Conference, to be held in Kansas City. In part, my contribution will be to discuss the general pedagogical concerns that we (Randy Wray, Martin Watts and myself) had as we wrote the textbook over what turned out to be...

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