Mike Norman Economics

Essential workers. Anti-Empire Pentagon Starts Bailing Out Defense FirmsMarcus Weisgerber

Backgrounder.The Vineyard of the SakerSyria in Seattle: Commune Defies the U.S. Regime Pepe Escobar crossposted with Strategic Culture Foundation See alsoPepe Escobar gets around. Asia TimesRussia aiming to realize Greater Eurasia dream Pepe EscobarSee alsoCounterpunchThe Killing of George Floyd and the Final Fracturing of the Democratic Party, Labor, and Civil Rights CoalitionDavid Schulz

Think coups cannot happen in the liberal West? No, this is not  about the as yet failed soft coup against President Trump. This coup removed the prime minister of Australia from office. It is a matter of historical fact that democratically elected Gough Whitlam was summarily removed on November 11, 1975, at the order of the then British Governor General Sir Philip Kerr. The documented history behind this "incident" may be coming to light now.This is only the first installment in an...

A US ban on foreign companies’ sales of chips to Huawei Technologies if American equipment or software is involved will undermine America’s already-weakened position in the global semiconductor equipment market, industry sources say. Chip fabricators will remove American equipment from production lines in order to maintain market share in China, the world’s largest purchaser of semiconductors. Doh.Furthermore, China will develop its own technology to gain self-sufficiency and also...

Good interview. Winning.The Times (London)Stephanie Kelton: why MMT is key to post-Covid economic recovery Ben Hoyle interviews Stephanie Kelton, Professor of Public Policy and Economics at Stony Brook University, formerly Democrats' chief economist on the staff of the U.S. Senate Budget Committee, an economic adviser to the 2016 presidential campaign of Senator Bernie Sanders, and a member of Joe Biden's economic advisory panel, on one of the "unity" groups aimed at unifying the party.

Note: I am mainly focusing on discussing the audience for this book, and not attempting to do a formal review. I expect that I will have pieces later discussing the contents of the book in detail. Bond Economics"The Deficit Myth": Impressions/ReviewBrian Romanchuk

Binzagr Institute for Sustainable Prosperity has published four books related to applying the MMT lens to different topics. Economics for Sustainable Prosperity Dr. Steven Hail in Binzagr Institute for Sustainable Prosperity (2018) Full Employment and Social Justice Solidarity and...

I’ve written about the problems with the “push-a-button, take-a-pill model of science,” but . . . I’ve never seen it taken so literally! As long as there are people out there making such claims, and other people applauding these claims, and yet other people paying the bills for all this, I’m glad that there are also people like Ed Yong who are willing to point out that the emperor has no clothes. Mockery is our superpower. Time for some mockery of those holding onto "expansionary...

Still a long way to go....

Yanis Varoufakis shares a call with Julian Assange made from Belmarsh High Security Prison. Julian Assange just called. To talk about the pandemic’s effect on capitalism & politics!Yanis Varoufakis