Mike Norman Economics

David Stockman is a lot better at analyzing politics than economics. He presents the case against Russiagate and shows how it is based on the politicization of intelligence and fake news reverberating in the media echo chamber. It is joining Paul Craig Roberts and Pat Buchanan as an establishment "turncoat." "the Deep State has turned its own crimes during and after the 2016 election into nothing less than a coup d'etat against American democracy" Russia InsiderStockman: Why the Deep State...

British Labour Party leader Jeremy Corbyn addressed United Nations officials in Geneva this Friday in a speech outlining his vision for a twenty-first century internationalism. The speech, scheduled to mark International Human Rights Day, examined the roots of global economic inequality, the developing climate crisis and the impact of war across the world. These “threats to our common humanity,” it argues, can only be overcome with “a global rules-based system that applies to all and works...

What happens when land is consolidated with capital as a factor and the objective is maximizing profit short-term.The GuardianMass starvation is humanity’s fate if we keep flogging the land to deathGeorge MonbiotSee alsoPatreonPrinciples of Political Economy: The opening lines Steve Keen

As we show in our recent research note ‘Blood and Oil in the Orient, Redux (2017)’, the Weapondollar-Petrodollar Coalition might no longer be in the Middle East driver’s seat. However, with the oil and armament companies, the region’s oil-exporting autocracies and various non-state groups all keen on seeing their oil incomes rise from record lows, the prospects of a new energy conflict, whether premeditated or coincidental, seem extremely high. More evidence suggestive that economics drives...

The conservatives in the British Labour Party are obviously worried. The UK Guardian article (December 2, 2017) – Labour faces subversion by Momentum and far left, says Roy Hattersley – reports the claim by former Deputy leader, Roy Hattersley that British Labour is “facing the biggest crisis in its history” because left-wingers are engaged “in a systematic takeover of the party”. Gosh. Sounds shocking. A traditionally left-wing political party slowly wresting it back to mission after being...

China has firmly established itself as a global leader in consumer-oriented digital technologies. It is the world’s largest e-commerce market, accounting for more than 40% of global transactions, and ranks among the top three countries for venture capital investment in autonomous vehicles, 3D printing, robotics, drones, and artificial intelligence (AI). One in three of the world’s unicorns (start-ups valued at more than US$1 billion) is Chinese, and the country’s cloud providers hold the...

Barkley Rosen explained how the US papers of record, the New York Times and the Washington Post, not only got it wrong but also imposed their view on the media echo chamber based on their authoritative position as papers of record.EconospeakThe End Of The "Islamic State."J. Barkley Rosser | Professor of Economics and Business Administration James Madison University

India appears to be more divided than the US. There is also an economic component to it. Scroll.in India heading towards civil war, riots have entered home, says Kanhaiya Kumar Staff

Trump’s national-security officials are making many of the same arguments Bush’s did in 2003.... When you lose The Atlantic....The AtlanticThe North Korea Debate Sounds Eerily Familiar Kori Schake, fellow at the Hoover Institution at Stanford University also The Trump administration is preparing to roll out its new National Security Strategy, a document meant to guide its national security policies. Yet a Trump administration staffer who reviewed a draft of the document—and shared key...

I don't want to worry you guys, but... On Monday, Vice President Mike Pence delivers the keynote speech at the annual summit of Christians United for Israel. Pence once again pledged that the Trump administration would move the U.S. embassy to Jerusalem, this time to Christian supporters of Israel who have become increasingly restive at President Donald Trump’s failure to make good on his campaign promised for Israel — signaling what some see as a new ideological shift for the White House....