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Mike Norman Economics

Sputnik — ‘West’s Shadow’ Behind All Terrorist Groups, Including Daesh – Erdogan

Is NATO losing Turkey? Sputnik International 'West's Shadow' Behind All Terrorist Groups, Including Daesh - ErdoganAlsoIran Revolutionary Guards Vow to Designate US Army as Equivalent to Daesh Russian Senator Believes Saudi King's Visit to Russia Means 'US Dictate Over' Kim Jong-un Says North Korean Nukes 'Protecting Sovereignty' Amid US 'Threats' US hegemony is being challenged on several fronts. How will the US respond?

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Reuters — Moscow warns it may restrict U.S. media in Russia

“We have never used Russian law in relation to foreign correspondents as a lever of pressure, or censorship, or some kind of political influence, never,” [Russian Federation foreign ministry spokeswoman Maria]] Zakharova said in an interview with Russia’s NTV broadcaster. “But this is a particular case.”She cited a 1991 Russian law which, she said, stated that if a Russian media outlet is subject to restrictions in a foreign country, then Moscow has the right to impose proportionate...

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T. M. Lemos — American personhood in the era of Trump

Why is this important? Liberalism is based on equality of personhood, distinguishing individuals, whose qualities differ in degree, with personhood as universal. Owing to universality of personhood, all are equal before the law, for example. Equality of personhood underlies the key assertion of liberalism in the Declaration of Independence, "We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that...

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Bart Klein Ikink — Multiculturalism Is One Of The Greatest Successes Of All Time

One of the most successful ideas ever is multiculturalism. For thousands of years it has seen an endless sequence of victories. Indeed there were a lot of temporary setbacks, but the long term historic trend is unmistakable. Multiculturalism was initially thought of by kings who conquered an empire of different peoples and wanted to rule them all. These different peoples could keep their own customs and settle most of their own affairs as long as they didn't pose a threat to the social...

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Something to keep an eye on

If they are keeping a close eye on this, then we should we should be keeping a close eye on them keeping a close eye on this...Via @Convertbond : on the case for keeping a close eye on US average hourly earnings https://t.co/Y9hTWsZkNV #wages #economy #markets #jobs pic.twitter.com/InWmTzJsKa— Mohamed A. El-Erian (@elerianm) October 7, 2017

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John Pilger: The Rising of Britain’s ‘New Politics’

John Pilger is not impressed with Bernie Sanders who he considers to be a war monger, and he doesn't hold out much hope that Jeremy Corbyn will be able change Labour's foreign policy or reduce UK's arm sales to odious regimes like Saudi Arabia. Richie Allen says he has not voted for 20 years because he feels that no matter what politicians say or believe, they will be vibrated into place by the system once they get into power. Jeremy Corbyn has already giving shadow government positions to...

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Joseph E. Stiglitz — Déjà Voodoo

A Trump administration staffed by plutocrats – most of whom gained their wealth from rent-seeking activities, rather than from productive entrepreneurship – could be expected to reward themselves. But the Republicans’ proposed tax reform is a bigger gift to corporations and the ultra-rich than most had anticipated. Best line: "Trump assumed office promising to “drain the swamp” in Washington, DC. Instead, the swamp has grown wider and deeper. With the Republicans’ proposed tax reform, it...

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Aaron Maté — Russiagate Is More Fiction Than Fact

From accusations of Trump campaign collusion to Russian Facebook ad buys, the media has substituted hype for evidence. Aron Maté makes a case that we have been making here at MNE for a long time. Amazing how long this can be sustained without substantiation. It doesn't speak well for the critical thinking skills of Americans, if in fact most are being taken it by the sleight of hand. There is a huge difference between allegations and evidence, especially when those making the allegations...

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