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Mike Norman Economics

Rutger Bregman – The neoliberal era is ending. What comes next?

The best article I've read for a long while. It lifted my spirits in these gloomy times.In a crisis, what was once unthinkable can suddenly become inevitable. We’re in the middle of the biggest societal shakeup since the second world war. And neoliberalism is gasping its last breath. So from higher taxes for the wealthy to more robust government, the time has come for ideas that seemed impossible just months ago. Within a couple of years, Zucman became one of the world’s leading tax...

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Caitlin Johnstone — Why “Obamagate” Will Never Lead To Anything Of Significance

Yep. Although I would not say it will not lead to anything of significance. It will continue the "divide and conquer" approach that elites take to keep the voters from understanding their own interests and voting for them. The result is an increasingly divided America that is becoming paralyzed politically. This bodes ill in the face of emerging challenges — epidemics, ecological collapse, and war. Caitlin Johnstone — Rogue JournalistWhy “Obamagate” Will Never Lead To Anything Of...

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Whistleblower: US could face virus rebound ‘darkest winter’

WASHINGTON (AP) — America faces the “darkest winter in modern history” unless leaders act decisively to prevent a rebound of the coronavirus, says a government whistleblower who alleges he was ousted from his job for warning the Trump administration to prepare for the pandemic. Immunologist Dr. Rick Bright makes his sobering prediction in testimony prepared for his appearance Thursday before the House Energy and Commerce Committee.Whistleblower: US could face virus rebound 'darkest winter'...

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Spanish antibody study points to 5% of population affected by coronavirus

Another IFR datapoint: with serology testing estimating that 5% of Spains population was exposed, 27,104 deaths, and a population of 46.9 million gives an infection fatality rate of ~1.2%.Spanish antibody study points to 5% of population affected by coronavirusBut the fatality rate could be even higher.Hidden figures: Spain's official COVID-19 numbers raise questions Hidden figures: Spain's official COVID-19 numbers raise questions

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Yves Smith – Foreign Affairs Runs Propaganda from Swedish Employers on Sweden’s Covid-19 Fiasco, Failing to Disclose Sponsorship and Misrepresenting Results

I'm surprised at this, Sweden is considered a very social democratic country, but it looks like big business hijacked its public health policy. Foreign Affairs just published an article that attempts to depict the failed Swedish approach to Covid-19 as not just a success, but even the way of the future. I suppose if you regard failed state in the making like the US as a harbinger, you could view this description as accurate. But nations that aspire to better like South Korea, New Zealand,...

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