Mike Norman Economics

I never thought I would see anything like this?Dan Cohen - #StopTheSteaI protesters are saying police shot and killed a woman. One man has a bloody hand and claims to have first hand video of the incident. He shows me in his phone. [embedded content][embedded content]

Thus, both contests have conformed to political scientist Thomas Ferguson’s “Golden Rule” of politics: that the party that spends the most almost always wins the election. Ferguson’s 1995 thesis, “The Golden Rule: The Investment Theory of Party Competition and the Logic of Money-Driven Political Systems,” argued that elections are essentially contests between rival big businesses and that the two political parties compete to serve those who pay them, not the public. Nearly 20 years later, a...

Backgrounder. Longish.Qiao CollectiveThe War on ChinaIzak NovakSee alsoNEOWashington’s Fingerprints All Over Mongolia’s 2021 Presidential ElectionVladimir OdintsovSee alsoSputnik InternationalChina Warns US Against Meddling in Border Stand-Off With IndiaSee alsoZero HedgeMarines Step Up Training For China With Island Exercises Off Japan's MainlandTyler DurdenSee alsoAmericans only care about America while their rulers only care about the rest of the world. This is entirely by...

Yellen is Biden’s nominee for U.S. Treasury Secretary. In anticipation of her Senate confirmation hearing, she has released her financial disclosure forms which showed a windfall of more than $7 million in speaking fees since she left her position with the Federal Reserve. The bulk of that money came from Wall Street firms, which are variously regulated and bailed out by the Fed.Our question for Yellen is an uncomfortable one: why did her financial disclosure form report her cash haul from...

Transcript of Renegade, Inc. interview.Naked CapitalismMichael Hudson: Looking Forward to 2021Yves Smith

Public service announcement.“You’re eating poop!” Meteorologist Katie Nickoloau responded to the many TikTok videos she saw with people munching on icicles with a warning video of her own. She reminds people that icicles that form off of roofs also include whatever is on the roof like bird poop....econintersect.comMeteorologist Says Licking Icicles Is Like Eating Poop

Speaking at the ruling party’s first congress since 2016, Kim Jong-un says his economic development plan fell "greatly short" of its goals, as North Korea struggled with natural disasters, sanctions, and the Covid-19 pandemic.“Our five-year economic development plan has fallen greatly short of its goals in almost all sectors”, the North Korean leader admitted on Tuesday, during the opening of the first congress of the ruling Workers’ Party since 2016 in the capital Pyongyang.At a party...

Because "because."SouthFrontThe Return Of “Highly Likely”: U.S. Intelligence Admits It Has No Evidence, But Russia Behind “Massive Cyber-Attack”

Benson’s research became a 20-year project of studying tummo and other advanced techniques while he also taught at the Harvard Medical School and served as president of the Mind/Body Medical Institute in Boston, where he believes the study of meditation can “uncover capacities that will help us to better treat stress-related illnesses.” The claims of monks who practice tummo have been substantiated in Benson’s work, showing, he says, “what advanced forms of meditation can do to help the mind...

The recent era of globalization has witnessed growing cross-country trade integration as firms’ production chains have spread across the world, and with stock market returns becoming more correlated across countries. While research has predominantly focused on how financial integration impacts the propagation of shocks across international financial markets, trade also influences these cross-border spillovers. In particular, one important aspect, highlighted by the recent work of di Giovanni...