Mike Norman Economics

As shown over and over again when significance tests are applied, people have a tendency to read ‘not disconfirmed’ as ‘probably confirmed.’ Standard scientific methodology tells us that when there is only say a 10 % probability that pure sampling error could account for the observed difference between the data and the null hypothesis, it would be more ‘reasonable’ to conclude that we have a case of disconfirmation. Especially if we perform many independent tests of our hypothesis and they...

This is one the most damning exposés of Western imperialism I've seen where the US and its allies have been caught red handed lying and installing brutal dictatorships. How they got away with it is unbelievable, but just get the compliant media to repeat the same lies often enough and it becomes reality and even the Guardian is complicit.  And so we see yet again how everything we are told is in reverse where good is trounced by evil. Now the same is being done to Venezuela and you can see...

HRC seems intent on normalizing jumping the shark.Zero HedgeHillary Compares Trump To Putin: "Hopefully He Hasn't Ordered The Killing Of Journalists"Tyler Durden

Head shaker. Zero HedgeIn Stunning Reversal, DHS Says Russians Were Not Behind Attempted Wisconsin Vote HackingTyler Durden

A Google search on the title returns, "sorry we could not find that page"and a search at Amazon returns "did not match any products". Sure looks strange to me. This is more disturbing than the counter-narrative about Browder. A documentary about Browder was suppressed, too. See Robert Parry, A Blacklisted Film and the New Cold War at Consortium News, previously linked to at MNE. The Naked HedgieAmazon.com burns my book – and you need to know about this Alex Krainer, The Naked...

  The barriers to freedom are falling all around us. Which is more liberating? ReutersSaudi king decrees women be allowed to drive Twitter to test 280-character tweets, busting old limit

Moon of Alabama trashes Russiagate and the US Russophobic propaganda campaign. There is no "there" there.Propaganda is effective, however. For example, on January 7, 2015, The Hill cited a Fairleigh Dickinson University's Public Mind poll showing that 42% of American erroneously believed that Saddam's WMD had been discovered. 19% erroneously believed that Obama was not an American citizen.It's the effect of propaganda that counts and propaganda is difficult to debunk in the minds of many...

AbstractIn science publishing and many areas of research, the status quo is a lexicographic decision rule in which any result is first required to have a p-value that surpasses the 0.05 threshold and only then is consideration—often scant—given to such factors as prior and related evidence, plausibility of mechanism, study design and data quality, real world costs and benefits, novelty of finding, and other factors that vary by research domain. There have been recent proposals to change the...

Under a job guarantee, there would be a standing job offer at a living wage for anyone who wanted such a position. Anyone without employment in the broader economy, or unhappy with their present employment, could opt for a position in the job-guarantee program. Similarly, anyone with less hours of employment than desired could top up their hours by working part-time in the job-guarantee program. In principle, the program might be locally or centrally administered. But, irrespective of...

Backgrounder RussiaFeedRussia’s FASCINATING new oil geopolitics