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Mike Norman Economics

SouthFront — After 12 Years Of Deliberations, ECHR Concludes Georgia Began Hostilities Against Russia In August 2008

The European Court of Human Rights (ECHR) has declared unfounded the accusations of Georgia against Russia in connection with the events of August 2008 in South Ossetia, the press service of the Russian Ministry of Justice reported.It is noted that on January 21st, the decision of the Grand Chamber of the ECHR on the interstate complaint “Georgia against Russia (II)” was published, the subject of which is the events of August 2008 in South Ossetia and their consequences.The Court asserted...

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Book Review: The Making of US Empire at the Dawning of Its End — Pepe Escobar

As the Exceptional Empire gets ready to brave a destructive – and self-destructive – new cycle, with dire, unforeseen consequences bound to reverberate across the world, now more than ever it is absolutely essential to go back to the imperial roots.The task is fully accomplished by Tomorrow, the World: The Birth of U.S. Global Supremacy , by Stephen Wertheim, Deputy Director of Research and Policy at the Quincy Institute for Responsible Statecraft and a research scholar at the Saltzman...

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A Reminder from Berlin — Peter Radford

 I would not lay the issues entirely at the feet of economics, but Peter Radford has a point worth considering.As I have been saying, it is impossible to approach most interesting and important issues in life with without a systems view, which necessitates improving this view with feedback as the natural sciences do. Conventional economics pretends to be a natural science but has no comprehensive systems view of a subject matter that is social and political as well as economic. The result is...

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The Day of Reckoning

Oh, my! American politics.PoliticoTrump leaves QAnon and the online MAGA world crushed and confusedTina Nguyen and Mark ScottBuzzFeedQAnon Faithful Believed Biden Would Never Be President. Now They’re Shocked, Heartbroken, And Angry.Paul McLeodThe Guardian — WorldQAnon's 'Great Awakening' failed to materialize. What's next could be worseJulia Carrie WongAlso The Vineyard of the SakerZone B exists, thus there is hope, I promise you!The SakerAlsoSic Semper TyrannisLarry Johnson: Why Doesn't...

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What caused the 2008 housing market "crash."

It was a failure of a proper response. It could have been avoided. 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

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The Internet Versus Democracy — Stephen S. Roach

More paradoxes of liberalism. What happens when freedom is not balanced by responsibility and rights with duties? It's increasingly on display in the US.Project SyndicateThe Internet Versus DemocracyStephen S. Roach, a faculty member at Yale University and former chairman of Morgan Stanley AsiaSee also at PSWithout realizing it, Jeffrey Sachs pits a particular view of liberalism against various traditionalisms, assuming that liberalism is a quasi-religious dogma*, whereas many...

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