Mike Norman Economics

This is a longish post but well worth the read since it goes into the objections of the progressive left to MMT's emphasis on national institutions that are relevant to policy, and especially economic policy, both fiscal and monetary. [Andrew Watt] thinks our position is “indistinguishable from the extreme right” and thus demands a response. Inasmuch as the ‘extreme right’ has grasped the reality that globalisation does not mean the nation state should surrender its legislative remit and...

2017 MMT Conference Video Presentations

The New York Times, which once postured as the champion of a free press, now is seeking crackdowns on news that the public gets from the Internet under the guise of combatting “Russian propaganda,” explains Daniel Lazare.... It's about who controls the narrative. The Establishment is bent on making sure it does.Consortium NewsNYT’s Assault on Press Freedom Daniel Lazare

Detailed analysis of what is known so far.The InterceptNSA Worker’s Software Piracy May Have Exposed Him To Russian Spies Kim Zetter

I can hardly wait for the book and movie. Reality is sometimes stranger than fiction.Publius Tacitus recounts the twists and turns and the still unanswered questions.Stay tuned. This story has legs.Sic Semper TyrannisThe Bonnie and Clyde of US politics Publius Tacitus

If your are following this.Ars TechnicaWorker who snuck NSA malware home had his PC backdoored, Kaspersky says Dan Goodin AlsoReutersKaspersky says it obtained suspected NSA hacking code from U.S. computerJoseph Menn

  Pretty damning.TRNNWilkerson: Trump's Generals Aren't Saviors, They're Dangers Aaron Maté interviews Col. Lawrence Wilkerson, US Army (ret.)

I don't see identarianism or identarian epistemology as problem although it is an issue. It lies at the foundation of postmodern critique.  identarianism or identarian epistemology are issues that a represetative democracy should be able to handle by ensuring that all identity groups are represented by qualified people. so that all can feel –genuinely – that they have a seat at the table rather than either token representation or no representation. This is what social and political...

Reports said UK Labour party leader Jeremy Corbyn move to decline an invitation for the celebration of the 100th anniversary of the Balfour Declaration, amounts to a statement of justice for Palestinians among UK’s political elite. The Balfour Declaration, signed on 2 November 1917, may have only been less than 130 words, but has changed the course of Palestinians ever since. The declaration had offered a “home for the Jewish people” in what was then the entirety of historical...

David Malone, who wrote the excellent book, Debt Generation, writes on his blog about how now some countries have started trading oil in the PetroYuan which is backed by Chinese gold. Now we, as MMTer's, believe that pegging a currency to a precious metal limits what a government can spend to improve the life of its citizens through excellent public services, and also, to help the private sector to flourish and grow. (One of the reasons I like MMT so much is that the socialists get what they...