Mike Norman Economics

US Secretary of State Rex Tillerson has warned Latin American countries against excessive reliance on economic ties with China, saying Beijing is establishing “a foothold in Latin America.” In a wide-ranging speech at the University of Texas on Thursday ahead of his five-nation Latin America tour, Tillerson said the region should stay away from Chinese investment, European colonialism and Russian arms sales. "China is getting a foothold in Latin America. It is using economic statecraft to...

Raising eyebrows. The controversy now is whether Amazon is a monopoly/monopsony extracting economic rent?MarketWatchJeff Bezos’ fortune tops $120 billion as Amazon shares surge after hours Mike Murphy | Editor

MNE retains its place in the top 101 economics-finance blogs.FOCUS EconomicsTop Economics & Finance Blogs of 2018

Why the globalists — "Davos man" — are so opposed to Donald Trump's vision for domestic and foreign policy. America Fist and Making American Great Agains are Jacksonian nationalism and populism instead of Post WWII liberal globalization.The National InterestTrump Unveiled These Key Geoeconomic Plans in His State of the Union Nikolas K. Gvosdev is the Captain Jerome E. Levy chair of economic geography and national security at the Naval War College. He is also a contributing editor to the...

Washington can’t adjust to losing its role as global sheriff, and the entire world must bear the consequences. SalonNow the U.S. is playing spoiler role in Korea, Syria and elsewhere. But why? Patrick Lawrence, Salon’s Foreign Affairs Columnist

The American CONSERVATIVE  remains fairly right on most things, but its stance against war is most encouraging. It means we on the moderate left have a lot of scope to work with moderate right in bringing about a safer, more harmonious world. The reply by SteveM is excellent, representing, I would believe (or hope), how a significant amount of conservatives don't support the ruling elite and their wars, especially if they could be better informed.  Micah Zenko makes 12 predictions about...

This is a little bit more encouraging, but it's a shame she can't just say that the US has gone off the rails going around the world threatening everyone and starting endless wars.  WELLINGTON, New Zealand — New Zealand Prime Minister Jacinda Ardern expressed support Thursday for economic sanctions against North Korea while also urging a de-escalation on the Korean Peninsula, and said her country should maintain a close relationship with the United States even if they don’t always agree....

Some keeper quotes, and some parallels with today.Global InequalityThe bitterness of Adam SmithBranko Milanovic | Visiting Presidential Professor at City University of New York Graduate Center and senior scholar at the Luxembourg Income Study (LIS), and formerly lead economist in the World Bank's research department and senior associate at Carnegie Endowment for International Peace

Jimmy Dore shows a video of Warren Buffet saying single payer is best and less complicated but now he is in with Jeff Bezos to start a healthcare company. Jimmy Dore says how Jeff Bezos now has a near monopoly as half of US sales are now done through Amazon, a company who's success is due to crony capitalism as it doesn't pay its taxes undercutting all the local businesses putting them out of business. None of the media will speak up as it is owned by the corporations. [embedded content]

You didn't know you were part of the world's wealthiest cohort... you can see why everyone is trying to break into the western nations from the shit holes...If you make more than $32,400 per year, you are in the top 1 percent of the richest people in the world! https://t.co/Oux230ZoQl— Cato Institute (@CatoInstitute) February 1, 2018