Mike Norman Economics

The Democrats can do this. But first, they must clean house ideologically, and finally abandon the Republican-light, free-market-friendly technocracy that has guided the party for decades. Many on the left will write off the Democratic Party until they do this. But the entrenched politicians will not give up easily. It make take at least a decade for them to retire and be replaced by millennials.  The Week Radical economic populism is the only thing that can save the Democrats now Jeff...

I commented there. Angry BearThe National Debt DisappearedMike Kimel

Ian sums it up. Short and harsh.Ian WelshRussia As An Enemy Of The United States

Germany’s domination of the EMU is clear both in political and economic terms. The current political impasse within Germany will not change that. Once resolved the on-going government will continue in the same vein – running excessive fiscal surpluses and huge external surpluses. It can sustain those positions because it dominates European policy and can force the adjustment to these overall ‘unsustainable’ positions onto both its own citizens (lowering their material living standards),...

You might find this of interest. As a bonus, it explains some fundamental principles of mathematical modeling. Hierarchy appears to be an inescapable feature of animal, including human, societies. There are dominants and subordinates, bosses and employees, rulers and subjects, and an individual’s position in the social hierarchy to a large degree determines fundamental aspects of his or her life, including one’s health, access to resources, and influence in society. From the individual’s...

Anatoly Karlin explains the coming 2018 presidential election in light of contemporary Russian politics. The Unz Review Russia Elections 2018: Elections as Regime ReferendumsAnatoly Karlin

And excellent interview of Stephanie Kelton which covers the difference between the Republicans and Democrats standpoint on the national deficit. Stephanie Kelton says why there would not be any inflation in an MMT economic system or with a job guarantee as spending would be carefully applied to where the economy is under performing which would increase products and services. She says how a UBI could create inflation as it would inject an enormous amount of new money into the economy without...

Looking better than it has in a long time that is for sure.  Still have monetarists out there who can do a lot of damage we just have to keep a weather eye out for trouble from them; but it seems like they are most likely to reverse bearish policies from this point not increase them.VIDEO: “The bottom line is that this global economic environment really is about as good as it gets.” $GS' Chief Economist Jan Hatzius on the 2018 macro outlook: https://t.co/g47FYnKy5a...

[embedded content] Via America’s Lawyer: Most people in the United States are under the impression that our government banned the use of asbestos decades ago, but the truth is that’s a lie. Asbestos is still widely used in many objects that you use every single day and to make things worse, the amount of asbestos that we import into this country has doubled in the last two years. Mike Papantonio, host of America’s Lawyer, discusses this with Farron Cousins. I remember a BBC program in the...