Mike Norman Economics

Interview with Daniel Lazare.Raises questions post-Assange.Narrative control — seed the media with propaganda and ban opposition?Strategic Culture FoundationU.S. Blacklists Strategic Culture Foundation in Attack on Independent Journalism and Political DissentFinian Cunninghamhttps://www.strategic-culture.org/news/2021/11/18/us-blacklists-strategic-culture-foundation-in-attack-on-independent-journalism-and-political-dissent/

I am currently working on adding functionality to my Python agent-based model framework, so no other article from me this we… I set up a Patreon to support my Python projects, and the agent-based model is the current focus. I wrote a few small pieces this week discussing recent work: here and here.To quickly summarise.…. Bond EconomicsDoing Agent-Based Modelling...Brian Romanchukhttp://www.bondeconomics.com/2021/11/doing-agent-based-modelling.html

Today, we have a guest blogger in the guise of Professor Scott Baum from Griffith University who has been one of my regular research colleagues over a long period of time. Today, he follows on from my previous post – The financial markets should be kept away from the climate crisis solution (November 10, 2021) – and discusses the failure of the Australian federal government to produce a workable net-zero emissions plan.…A direct solution would be to require true pricing based on inclusion of...

Backgrounder. More on the intersection of economics and politics.Strategic Culture FoundationFrozen Deutschland — Strategic Culture (strategic-culture.org)Pepe Escobarhttps://www.strategic-culture.org/news/2021/11/17/frozen-deutschland/See alsoReminiscence of the FuturePeter Hitchens And Pepe Escobar Weigh In.Andrei Martyanov, expert on Russian military and naval issueshttp://smoothiex12.blogspot.com/2021/11/peter-hitchens-and-pepe-escobar-weigh-in.htmlRelatedIndia PunchlineUS, China...

 Perhaps, beneath everything, there is inescapable pain.My gastritis has got worse over the last year and this is why I have done less politics, but I hoped you enjoyed the various different topics. My GP has increased my medication, so I'm okay for now, but I'm a bit disappointed as I was hoping to recover. Existence is suffering" is the common translation of the First Noble Truth of Buddhism. As an avid reader of Zen Buddhism, I’ve often argued that this Noble Truth isn’t true at all, or...

Backgrounder. The intersection of economics and politics in China.The Vineyard of the SakerXi’s new Communist ManifestoPepe Escobarhttp://thesaker.is/xis-new-communist-manifesto/

 I'm still intrigued by the Ouse Valley Viaduct which, it turns out, I have travelled over many times on my way to Brighton, a south of England coastal resort. My mum took me often to Brighton, and I visited it a lot with my friends in my teens and my 20's for a day out and a few pints of bitter ale. It only takes about 1 hour and ten minutes from London. The last time I went to Brighton would have been about 5 years ago with my girlfriend. There are many bridges and viaducts on the journey,...

Today (November 17, 2021), the ABS released the latest – Wage Price Index, Australia – for the September-quarter 2021. The WPI data shows that nominal wages growth rose above levels recorded in previous quarters and the pattern resembled the pre-pandemic growth path – low to modest. The inflation rate continues to outstrip nominal wages growth, which means that workers in all sectors bar ‘Professional, scientific and technical services’ experienced on-going cuts drops in their real wages...

I’ve been in Switzerland for a couple of days.

We had a blowout CPI print in the United States last week, which I probably should have discussed. Unfortunately for my writing productivity, I had some consulting work going as well as visiting family, so I did not have time to dig.Since then, large numbers of electrons were spilled online discussing the inflation outlook. As I doubt that I will add any details that are novel at this point, I have decided to bow out of that discussion. Instead, I will just offer a few generic...