Mike Norman Economics

Contains an excellent video of Micheal Hudson talking about his book, J is for Junk Economics, and he emphasis here how Trump was the lesser evil than Hilary. That made me laugh because when I tell my liberal friends this they look horrified. The UK Guardian recently run an article by Zoe Williams titled, Why does nobody mention that Hillary Clinton is perfectly nice? But the Guardian closed CiF after only 90 comments, probably because of the type of comments it was getting, so I didn't get...

Big doings underway you won't read about in Western corporate media.  The only way the Global North can stop this surge of the Global South now is through hybrid warfare.Asia TimesHow Turkey, Iran, Russia and India are playing the New Silk Roads Pepe Escobar

Why you should be using DuckDuckGo.Moon of Alabama Google Does Evilb

Free is good. German economics and, as a result, German economic policymaking, appear to be a land apart. Critics have even suggested that German policymakers and academics live in a “parallel intellectual universe”. The conflict, for example, with US economic policy pragmatism is a hardy perennial in international debates – dating back long before the most recent struggles in the G20 context. Similarly, the Eurozone crisis has opened fault lines between German economists and policymakers...

See how friendly Putin and Trump are. It must terrify the US Military-Industrial complex, the Neocons, and the neoliberals. [embedded content]

Britain has been a rentier economy extraordinaire, with the highest dependence on the financial sector of all major economies. And the biggest fall in productivity growth has been in this sector since 2007. Michael Roberts BlogBudget and BrexitMichael Roberts

Everything you might want to know about the phone "summit" without actually listening in. Positive overall. The Trump-Putin relationship seems to be developing along the lines of the Trump-Xi relationship. Basically good relations. The DuranThe Trump – Putin call: summary and analysis Alexander Mercouris

Calling BS on the US political establishment and deep state. The US political establishment and the US deep state are joined at the hip through the military-intelligence-corporate-governmental complex that is foundational to US corporate statism.The National InterestThe Real Winner in America's Russia Crisis Is ChinaLeon Hadar | senior analyst with Wikistrat, a geostrategic consulting firm

Stock-Flow Consistent (SFC) models are a preferred way to present economic models in the post-Keynesian tradition. This book gives an overview of the sfc_models package, which implements SFC models in Python. The approach is novel, in that the user only specifies the high-level parameters of the economic model, and the framework generates and solves the implied equations. The framework is open source, and is aimed at both researchers and those with less experience with economic models. This...

Remember when I said I predict a boom of "golden age" vigor, beginning in 2016 and lasting eight to ten years. It has already begun. In two years everyone will be predicting it.  Tom, you said Art goes out on the limb.... Art follows up.I admit that things are looking up for the US and the global economy, which are still coupled.But there is also a lot of other coupling (like China), and so predictions have to be contingent on trends holding or improving, with no surprises like adverse...