Mike Norman Economics

Dandelions from a bugs perspectiveThe Master of the UniversePeaceful sleepHale House, Heritage Square Museum, Los Angeles Aspen, Colorado Mount FujiQuaint rural cottage Autumn view through a leafHummingbird in flight Son of a woodcutter, Eden Mills, Vermont, colourised, 1936 

Hawks vs the Doves  The Western way to wealth : imperialism, wars of acquisition, piracy. A zero sum game. China’s way to weath: invest to grow the economy: invest in infrastructure and the people (education) - a plan for all poor countries. People create wealth. A wealthy Africa means more customers. Win, win. Invest in protecting the environment - the long term returns will be good. [embedded content]

[embedded content]

 Twenty years ago, a group of neoconservative think tanks used their power to push for disastrous wars in the Middle East. Now, a new set of think tanks staffed with many of the same experts and funded by Taiwanese money is working hard to convince Americans that there is a new existential threat: China.Terrifying! MintPress, we have been at the forefront of exposing how Middle Eastern dictatorships and weapons contractors have been funneling money into think tanks and political action...

Abstract: This paper applies theories of institutional adjustment and Modern Monetary Theory to the problem of rapidly transitioning to an electricity provisioning system consistent with the Green New Deal. We argue the current obstacles are primarily financial, not technological in nature, and offer a high-level policy framework for using fiscal tools at the Federal level that overcomes the obstacle, while protecting rate-payers from cost burdens. Drawing upon theories of institutional...

Caitlin Johnstone echoes Ray McGovern's concern. ZH amplifies the message.Zero HedgeThe Rising Threat Of Nuclear War Is The Most Urgent Matter In The WorldCaitlin JohnstoneOriginally posted at CaitlinJohnstone.com

Backgrounder.Radio Free Europe/Radio Liberty (US state funded media)'Terrible Vengeance': The History Of Turkish Atrocities Against Armenians And Why Biden Is Poised To Call Them GenocideIvan Gutterman

The futures (or forward) curve of any FX or commodity will show that rate hikes raise inflation and lower currency exchange value and vice-versa. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman

Politicizing and even weaponizing human rights through propaganda and disinformation to further one's interests undermines human rights. It is also hypocritical, which challenges its credibility.The Independent (UK)Focusing purely on injustices in China and Russia with a Cold War mindset damages human rights everywherePatrick Cockburn

Yves here. Michael Hudson kindly provided us with an advanced draft of this chapter from his upcoming book, since readers seemed particularly interested in the views of the Greeks on money, commerce, and power. Get a cup of coffee. This post is meaty if you plan to consume it in one sitting.Weekend reading.Naked CapitalismMichael Hudson: Plato, Aristophanes and Aristotle on Money-Lust, 399-380 BCMichael Hudson | President of The Institute for the Study of Long-Term Economic Trends (ISLET), a...