Mike Norman Economics

A Son of the New American RevolutionUnderstanding the Tactical Situation in Ukraine Based on the Russian MOD daily BriefingsLarry C. Johnson | CEO and co-founder of BERG Associates, LLC, an international business-consulting firm with expertise combating terrorism and investigating money laundering, formerly Deputy Director in the U.S. State Department’s Office of Counter Terrorism (1989-1993, and CIA operations...

Last Friday (July 8, 2022), the US Bureau of Labor Statistics (BLS) released their latest labour market data – Employment Situation Summary – June 2022 – which reported a total payroll employment rise of only 372,000 jobs and an official unemployment rate of 3.6 per cent. While it might seem that the June and May results were steady as she goes, the reality is that the June figures reveal the first signs of a slowdown in the US labour market. The labour survey employment measure fell as did...

What we need [in economics education] are programs which, step by step, introduce students to the economic system as a whole and to various ways of understanding it. Building on a decade of work by the Rethinking Economics student movement and with input from some 150 professors throughout the field, we have created a toolkit to design such programs: Economy Studies.Three core principles underpin our suggestions. First, a pluralism of theoretical and methodological approaches. Second, a...

Moon of Alabama'Drinking The Kool-Aid' On The War In Ukrainehttps://www.moonofalabama.org/2022/07/drinking-the-kool-aid-on-the-war-in-ukraine.htmlThe MoA Week In Review - (NOT Ukraine) OT 2022-108https://www.moonofalabama.org/2022/07/the-moa-week-in-review-not-ukraine-ot-2022-108.htmlSouthfront (sanctioned by the US Treasury Department)First Azov Fighters Sentenced To Death In Donetsk People’s Republic (tribunal over alleged...

Russia News Now (Russia)Sitrep G7 (G20): Note from Maria Zakharovahttps://therussophile.org/sitrep-g7-g20-note-from-maria-zakharova.html/TopWar.ru (Russia)The German publication reports that the PzH 2000 self-propelled guns fell into the hands of the Russian militaryhttps://en.topwar.ru/198527-nemeckoe-izdanie-soobschaet-o-popadanii-sau-pzh-2000-v-ruki-rossijskih-voennyh.htmlRT — Question More (Russian state-sponsored media)US general frets over Chinese weaponry ("China is building its...

Market's slow grind higher is like pulling teeth. Be patient and disciplined. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/

Reminiscence of the Future"Belgorod" Is In. (Wunderwaffe?)Andrei Martyanov, former USSR naval officer and expert on Russian military and naval issueshttp://smoothiex12.blogspot.com/2022/07/belgorod-is-in.htmlA Son of the New American Revolution NATO FANTASY SOLDIERS (delusional leadership) Helmholtz Smithhttps://sonar21.com/nato-fantasy-soldiers/The Times (UK)Bomb Russia’s [Kerch Strait] bridge to Crimea [with British Harpoon missiles], Ukraine urged. Ex-Nato commander  [General Philip...

 To get the “seriousness” question out of the way right off the top: Stewart’s definition of being an entertainer has him wrestling with the kind of big, serious topics that actual politicians specialize in avoiding. He spends his time recording an AppleTV show and podcast interview show on policy issues such as abortion, climate change, gun control, misinformation, modern monetary theory and other wonky-current topics, with the occasional Judd Apatow and Mark Cuban appearance thrown in for...

Today I am not going to lay out any data or anything like that. I jut want to put down some thoughts on inflation. I will do so in the form of a Q&A as it will allow for a Devil’s Advocate sort of assessment. This is important because I think there are reasonable disagreements over whether inflation is here to stay or not.Inflation is here to stay unless or until there is a recession. e.g. from much higher prices or artificially imposed demand destruction by the central bank. The factors...

This post is chiefly about global economics and its role in the global system. The global order (system) is shifting from a neoliberal one, therefore away from an approach to economics based largely on finance and toward a classical one based chiefly on resource availability and commodity production.On June 16, Aleksey Miller, Chairman of the Gazprom Management Committee, made a number of significant statements during his speech at the St. Petersburg Economic Forum, which were not...