Mike Norman Economics

Neil Howe looks at the economic aspect of demographics. Zero HedgeFourth Turning's Neil Howe: Why Millennials Aren't So Unique Tyler Durden

Designing a tax plan that will actually increase spending and therefore employment is really not all that difficult. All you have to do is meet two criteria: 1. The tax cuts must not be offset by spending cuts (or tax increases elsewhere). 2. The tax cuts must increase the incomes of those who will actually spend the money.... Forbes — Pragmatic EconomicsThe Disastrous Trump Tax PlanJohn T. Harvey | Professor of Economics, Texas Christian University Also The tax plan released by...

How can anyone with any sense believe the Russians Annexed Crimea. Even if they did the majority of the Crimeans approved re-joining Russia, and that includes the Ukranian speaking Crimeans.  In the document entitled “Progress report on the Alliance’s Enhanced Deterrence and Defence Disposition,” leading military figures call for a major boost to military capabilities in order to conduct a so-called “Major Joint Operation Plus.” The abstruse terminology in fact stands for a war involving...

The Ex-Prime Minister of Ukraine, Mykola Azarov, (2010 - 2014) has today in Moscow spoken in defense of American political adviser, Paul Manafort, who for a long time advised the Ukrainian government, and is now under charges in the United States. I was amazed when formal charges were brought against Manafort, whom I have known for many years personally, met dozens of times, talked for hours. And when they tell me that this man is accused of plotting against the US and pursuing a hostile...

Now that Syria is off the table for regime change, effectively blocking a Saudi pipeline into the European market, Saudi Arabia and the United Arab Emirates are zeroing in on Lebanon.... The DuranNow that Syria is off the table, Lebanon is targeted as the next front in Saudi-US energy warAlex Christoforou

Important backgrounder explaining what is really going on with Afghanistan. So, this new Great Game goes on, with wily Vladimir Putin, tweeting Donald Trump, smiling Xi Jinpeng and creepy Narendra Modi all trying to outwit each other, and rope in the other minor players to their side. Sic Semper Tyrannis Tillerson’s Trip & the new Great GameFB Ali At the Defense Intelligence Agency, Lang was the Defense Intelligence Officer (DIO) for the Middle East, South Asia and counter-terrorism,...

The World Economic Forum's Transformation Maps - a constantly refreshed repository of knowledge about global issues, from climate change to the future of work - are now publicly available for the first time and free of charge. But what are they? And what can we do with them? Transformation Maps are the World Economic Forum’s dynamic knowledge tool. They help users to explore and make sense of the complex and interlinked forces that are transforming economies, industries and global issues....

The concept of market efficiency has attracted a considerable amount of debate over the decades. The issue is that the definition is problematic; efficiency is more an attribute of the investors in the market, rather than the market itself. If we turn the focus to the role of investors, most of the mysteries associated with the concept evaporate. (Note: This article is in a preliminary state. I started thinking about how to write up the role of market efficiency in the context of breakeven...

The British newspaper, The Independent seems to be getting in beds with Commies lately. The evidence I elicit is the recent article (November 4, 2017) – Actually the magic money tree does exist, according to modern monetary theory – by a journalist Youssef El-Gingihy. It gives oxygen to the views of an Australian economist, one William Mitchell who espouses what is known as Modern Monetary Theory (MMT) – yes, you got it in one – another crackpot economic approach that fails to recognise...

Why the US works with respect to internal trade among states while the EZ doesn't.Pragmatic CapitalismThe Balance of Payments in the USA Cullen Roche