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Mike Norman Economics

Whitney Webb — Birth Of An Insurgency: The US-Israeli “Secret Deal” To Manipulate Protests In Iran

With the Trump and Netanyahu administrations now working in lockstep, U.S.-Israeli hostility towards Iran has now ripened into a plan to repeat what befell Syria over six years ago – the hijacking of minor protests and their transformation into the cover for a foreign-funded insurgency intent on toppling Iran’s elected government. Mint PressBirth Of An Insurgency: The US-Israeli “Secret Deal” To Manipulate Protests In Iran Whitney WebbSee alsoShort and important. Flores is a good analyst....

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Branko Milanovic — Inequality, Imperialism, and the First World War

Branko Milanovic on his new paper with Thomas Hauner and Suresh Naidu exploring inequality prior to World War I and providing empirical support for the classical theory of imperialism. ProMarket — The blog of the Stigler Center at the University of Chicago Booth School of BusinessInequality, Imperialism, and the First World WarBranko Milanovic | Visiting Presidential Professor at City University of New York Graduate Center and senior scholar at the Luxembourg Income Study (LIS), and...

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Corruption Watch — Links

I'll be adding this list. TruthdigThe Visionless Society Chris Hedges is a Pulitzer Prize-winning journalist, New York Times best selling author, former professor at Princeton University, activist and ordained Presbyterian minister Truthdig — Scheer Intelligence The CIA's 60-Year History of Fake News: How the Deep State Corrupted Many American Writers Robert Scheer, editor in chief of TruthdigRussian and Eurasian PoliticsAmerica’s Russia Games: Pre-History and Implications Gordon M....

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Patrick Armstrong — Trump Cuts the Gordian Knot of Foreign Entanglements

  Interesting theory along the lines of Scott Adams, who has pretty consistently been proved correct by events and who Armstrong cites. (All real theories must be falsifiable; let's see in a year's time whether the US is more entangled or less entangled. It should be pretty apparent by then and, by the end of Trump's first term, obvious to all.) Strategic Culture FoundationTrump Cuts the Gordian Knot of Foreign Entanglements Patrick Armstrong

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Tony Cartalucci — Iranian Protests: Deep State’s Unfinished Business

Backgrounder.NEOIranian Protests: Deep State’s Unfinished Business Tony Cartalucci One factor that I seldom see mentioned in the extensive commenting on Iran both in the mainstream and alternative media is that the protests are grounded in Iranian politics and the contention for power between the conservative hardliners and the liberal government now in power. The Rouhani government is labeled "reformist" as if that is a good thing. "Reformist" means neoliberal. There are two major...

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Raj Raghunathan – Why Rich People Aren’t as Happy as They Could Be

Money certainly makes you more comfortable and increases the quality of life, but are some rich people less happy than they could be? “I’ve been poor and I’ve been rich,” quipped the comedian Sophie Tucker. “Rich is better.” There is merit to Tucker’s argument. All else being equal, more money is better. This is because, as professors Elizabeth Dunn and Michael Norton point out in their very useful book, Happy Money, money provides access to things—products, experiences, and services—that...

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Sean Keith and Alexander Kolokotronis — “But How Will We Pay for It?”: Modern Monetary Theory and Democratic Socialism

An economic doctrine named Modern Monetary Theory (MMT) is surging in popularity and offering answers. MMT is debunking popular narratives about the harsh necessity of austerity and belt-tightening. It is showing that money is not a finite abstraction, but a limitless public utility that can be used to meet human needs. More than this, however, MMT and its heterodox economic cousins offer a framework to build directly democratic, egalitarian political structures, and thus reimagine and...

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