Mike Norman Economics

This is not only a good idea but it has to happen owing to demographics if the GOP wants to survive over the next decades as the US becomes increasingly multi-ethnic. But the transition is not likely to be easy or quick. There appears to be considerable resistance to it.However, such a transition would force Democrats back to their working class roots and aid the progressive wing which is the only moderately left cohort in the US.Then the two parties would more closely reflect the make-up of...

Censorship watch. Philip Giraldi credentials are impeccable as are those of and other dissident former intelligence officers like Ray McGovern and former diplomats like Craig Murray. The notion that they are Russian bots or dupes is preposterous. Giraldi was also marginalized — ostracized really — on the grounds of being antisemitic for criticizing US Israeli policy and relations and the US Israel lobby, which is nonsense. This is a matter of politics and policy — "Zionism" as  Israeli...

Backgrounder.The Vineyard of the SakerUnderstanding the Outcome of the War for Nagorno-KarabakhThe Saker

"One day the market will correct, so you better get ready now." More sage advice from Jeffrey Gundlach. 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

 Someone had to say it.Sputnik International — OpinionAfter Years of Undermining Other Country’s Elections US Now Looks StupidTommy Sheridan, Columnist

We have discussed the gains being made in the development of advanced nuclear reactors that use thorium instead of uranium. Thorium is now being billed as the great green hope of clean energy production, producing less waste and more energy than uranium. Thorium is meltdown-proof, has no weapons-grade by-products, and can even consume legacy plutonium stockpiles.The United States Department of Energy (DOE), Nuclear Engineering & Science Center at Texas A&M, and the Idaho National...

Its Wednesday and a light blog writing day. Today, I reflect on the recent death of one of the great economists who was a good friend and taught me a lot about things. I thought I would offer a few words about his life especially our interaction. And today is a special day in Australia – Armistice Day. And, there is another working paper available if you like reading pre-published academic material. It will come out soon in an academic volume....Bill Mitchell – billy blogRIP Michael Perelman...

 Of course, the GOP believes in turn that the Democrats staged a coup from the moment of Trump's election in 2016, about which they would be right. On the other hand, the GOP did everything possible to remove Bill Clinton from office, in part as payback for the removal of Nixon. And Bush's victory in the Supreme Court can also be viewed as coup. So there is a long history to this inter-party feud. Complicating the matter is the rank and file of both parties has become so politicized that...

Until today’s order, the digital content and streaming platforms were not governed under law or by any autonomous body in India. The amendment gives the government the right to regulate and intervene in the content of OTT platforms such as Netflix, Hotstar and Amazon’s Prime Video.I din't think this is necessarily censorship. Liberalism is not about drawing no line. Lines musts be drawn, child pornography pretty universally illegal, as well as advocating for violent overthrow of a...

Leave it to China — well, Shenzhen, the Silicon Valley of China — to force workers to take a paid vacation. Outrageous — for workaholics and oligarchs.RTShenzhen becomes 1st Chinese city to make paid leave mandatory to reduce burnout