Mike Norman Economics

Chinese English media do not usually comment on controversial topics.Global Times (Chinese state-sponsored media)GT Voice: Ukraine crisis likely to disrupt global energy supplieshttps://www.globaltimes.cn/page/202202/1252906.shtml

Important for grasping the dynamic with respect to Russia that will likely persist for at least 20 years, unless there is another war before.While Branko Mianovic is an economist, he is also from Serbia and understands the history behind this.  Global InequalityPutin’s Century of Betrayal speechBranko Milanovic | Visiting Presidential Professor at City University of New York Graduate Center and senior scholar at the Stone Center on Socio-economic Inequality, senior scholar at the Luxembourg...

Chrystia Freeland.TK News with Matt TaibbiWhen Boring People Turn Dangerous: Canada's Insane Power GrabMatt Taibbihttps://taibbi.substack.com/p/when-boring-people-turn-dangerousSee alsoMatt Ehret's NewsletterToday's Emergencies Act, and Anti-Russian False Flags Echo the Gouzenko Hoax That Unleashed the Cold WarMatthew Ehret (Canadian)

Russia’s Energy Minister, Nikolai Shulginov, claimed that the optimal oil price would be between $55 and $70.Oil prices broke $99 this morning on the back of Russian troops entering Ukraine after Putin declared Donetsk and Luhansk independent territories.Nikolai Shulginov also claimed that Russia does not support high natural gas prices as they slow down the economy and lower demand.Saudis are the swing producer and set the price. OilPriceRussia Speaks Out Against High Oil Prices As Brent...

What was that about democracy versus authoritarianism again? The truckers just won big, just like Osama did.Jonathan TurleyCanadian Parliament Votes To Extend Trudeau’s Emergency Powers . . . After the Protest Has EndedJonathan Turley | Shapiro Professor of Public Interest Law at George Washington Universityhttps://jonathanturley.org/2022/02/22/canadian-parliament-votes-to-extend-trudeaus-emergency-powers-after-protest-has-ended/See alsoSputnik InternationalUS Senator [Rand Paul] Calls To...

Lars Syll points out another MMT critic that is apparently unaware of basic MMT literature.Lars P. Syll’s BlogMMT and ‘monetary crankery’Lars P. Syll | Professor, Malmo University

Energy bites. Energy is the lifeblood of an economy.PoliticoEurope faces sanctions nightmare of paying for Putin’s warSarah Anne Aarup, America Hernandez

At present, the unemployment rate in Australia is 4.2 per cent and falling. If the rate of new immigrants remains low for a while as our external borders open, then it is likely the unemployment rate will fall into the 3 per cent range soon. What people are learning is that the claims made by mainstream economists that full employment was anything between 5 and 8 per cent (at various times to suit their arguments) was a lie. It just suited their ideological agenda and flawed theoretical...

Nearly one-fourth of Germany’s medium-sized enterprises fear they might not survive the soaring energy prices, a survey by the Federation of German Industries, BDI, showed on Monday. Industries across Europe have been suffering from the surging energy prices since the autumn of 2021, when the natural gas crunch sent benchmark European gas prices soaring and electricity prices across major economies surging, too. Many energy-intensive industries, such as fertilizer producers and steelmakers,...

SouthFront (this is not the end of the matter but rather a new beginning post-Minsk.)Putin Issues Ultimatum To Kiev Regime, Signs Order To Recognize DPR And LPRhttps://southfront.org/putin-issues-ultimatum-to-kiev-regime-signs-order-to-recognize-dpr-and-lpr/One World (succinct summary)What Prompted President Putin To Finally Recognize The Donbass Republics?Andrew Korybkohttp://oneworld.press/?module=articles&action=view&id=2505Consortium News (someone is lying. Both sides accuse the...