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Mike Norman Economics

Publius Tacitus — The So-called Russian Hack of the DNC Does Not Make Sense

Notwithstanding the conventional wisdom that Russia hacked into the DNC computers, downloaded emails and a passed the stolen missives to Julian Assange's crew at Wikileaks, a careful examination of the timeline of events from 2016 shows that this story is simply not plausible. Let me take you through the known facts: Sic Semper Tyrannis The So-called Russian Hack of the DNC Does Not Make Sense Publius Tacitus

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How China became a market economy–Review of Julian Gewirtz’s “Unlikely Partners”

A view of the development of market socialism with Chinese characteristics. Julian Gewirtrz’s “Unlikely Partners” charts, with an extraordinary attention to detail, these world-historic decisions and focuses on the role that foreign economists played in these early stages of China’s transformation. But while the declared focus of the book is on the foreign-to-Chinese interaction and cooperation, with the high point (extremely well described) being a week-long cruise-seminar in August 1985...

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Alison F. Takemura — Two sciences tie the knot

A new major combining computer science and economics will prepare students for designing the virtual marketplaces of the future.… Starting in the fall of 2017, the two academic departments will offer a joint major — Course 6-14: Computer Science, Economics, and Data Science — because elements of the two fields have become, well, inseparable. The new major aims to prepare students to think at the nexus of economics and computer science, so they can understand and design the kinds of systems...

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John Helmer — Beggared for Choice – the History of Russia’s 1917 Revolutions as Guide to What Happens Next

Short review of Stephen Smith's Russia in Revolution, An Empire in Crisis, 1890-1928. Conclusion. Since the new war against Russia began in 2014, it has been the foreign plan that if enough pain is inflicted on the Russian people economically, especially their businessmen, they will rebel against their leaders in the Kremlin. Combined with economic warfare and fighting on the Syrian and Ukrainian fronts, the plan also calls for a home-front campaign against the corruption of Russian...

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Pepe Escobar — The real BRICS bombshell

Summary of the annual BRICS summit in Xiamen. Asia Times The real BRICS bombshell Pepe Escobaralso by Pepe Escobar Pepe Escobar explores how David Lynch's dystopian wonderland – the original and latest incarnation – informs current geopolitical and metaphysical forces. Potential spoiler alert How Twin Peaks unveils our world

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Edward Harrison — Trump’s working class sellout, tactical nuclear weapons, government shutdown, tax reform and immigration

Since Donald Trump became US president, his core economic agenda has been sidetracked repeatedly by so-called cultural issues. However, now the administration is stepping up its tax reform effort. Even so, other issues threaten to derail this agenda item too (like nuclear war on the Korean Peninsula!). Of course, it’s not even clear we’re talking about tax reform here. Much more likely, Trump has sold out and is now merely pushing for tax cuts for the wealthy. Nevertheless, the risk to the...

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