Mike Norman Economics

The accounts broke no rules and no reason was given for deleting the them.  On Friday, Facebook carried out a purge of left-wing, antiwar and progressive pages and accounts, including leading members of the Socialist Equality Party. Facebook gave no explanation why the accounts were disabled or even a public acknowledgement that the deletions had occurred.Since the 2016 election, the US intelligence agencies have advocated internet censorship in the name of fighting “fake news.” While these...

Short-term thinking is not unique to amateur investors. The "pros" do it too. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman

I was looking forward to reading Doug Henwood’s piece and the chance to respond to what I was sure to be a hard-hitting analytical critique. I was disappointed. There is no there there and thus my reply will be short.…Smackdown. JacobinMMT Is Already HelpingPavlina R. Tcherneva | Assistant Professor of Economics at Bard College, Research Scholar at The Levy Economics Institute, and Senior Research Associate at the Center for Full Employment and Price Stability

Our survey showed that Europeans’ attitudes towards the United States have undergone a massive change. Majorities in key member states now think the US political system is broken, that China will be more powerful than the US within a decade, and that Europeans cannot rely on the US to defend them. They are drawing radical consequences from these lessons. Large numbers think Europeans should invest in their own defence and look to Berlin rather than Washington as their most important partner....

Alarming news! The worrying news is that although treatments for Covid-19 have improved, the new strain does seem to be more lethal."Four groups - Imperial, LSHTM, PHE and Exeter - have looked at the relationship between people testing positive for the variant vs old strains and the risk of death - that suggests a 1.3-fold increased risk of death.ITVNew Covid-19 strain may be more lethal, Robert Peston learns

Donald Trump’s presidency would do unmitigated damage to the U.S./U.K 'special relationship,' would be absolutely hostile to British interests, and had to be defeated through Steele’s participation in the Russiagate disinformation campaign."PDFhttps://t.co/6pygLfADDE 

Before you go wild celebrating the new administration (unless you are among the 1%). The Swamp and the Borg won.Naked CapitalismThe Next Neoliberal President…Thomas NeuburgerOriginally published at DownWithTyranny!See alsoMR Online (maybe not as obnoxious as Mike Pompeo, but cut of the same cloth)Biden’s ‘Secretary of State for regime change’ indicates no change in U.S. foreign policyOriginally published: The Morning Star (January 20, 2021) AlsoStrategic Culture FoundationPresident Biden’s...

Job guarantee, but no mention of sources. Heisenberger ReportHere’s An Idea: Put People To Work & Print Money To Pay Them 

I can tell you I take no pleasure at all in being in a situation of contradicting the president, so it was really something that you didn’t feel you could actually say something and there wouldn’t be any repercussions about it,” he said. “The idea that you can get up here and talk about what you know, what the evidence and science is, and know that’s it — let the science speak — it is somewhat of a liberating feeling.”...The HillFauci says it's 'liberating' working under BidenJonathan...

Finance capital rules!Wall Street On ParadeMcConnell, Heavily Funded by Wall Street, Is Blocking Seating of Democrats as Senate Committee ChairsPam Martens and Russ Martens