Mike Norman Economics

It will be interesting to see what Boris Johnson does, he seems to be more pragmatic and less dogmatic than other Conservatives.I've read he wants to keep his new voters, so he has shifted slightly to the left.The forced resignation of the United Kingdom’s Chancellor of the Exchequer, Sajid Javid, is the latest sign that macroeconomic policy is being upended, and not only in the UK. In addition to completing the ritual burial of the austerity policies pursued by UK governments since 2010,...

A growing number of Americans describe climate change as a crisis, and two-thirds say President Trump is doing too little to tackle the problem. The results, from a poll conducted by The Washington Post and the Kaiser Family Foundation (KFF), point to a growing disconnect between Americans worried about the warming planet and Trump administration officials, who have aggressively scaled back Obama-era environmental regulations and relinquished the nation’s role as a global leader in...

Looks like Xi is going to have to get the cattle prods out...Beijing is still pretty empty pic.twitter.com/yQNpglHADi— Cathy Zhang? (@CathyYZhang) February 19, 2020

Anti-EmpireUSA Is the World Spying Champion, That’s Why It’s Fighting the Simple Fix to China Spying FearsChristian Stöcker  Sputnik InternationalUnimaginable That BND & CIA Conducted Joint Spying Op For 23 Years – German Intelligence Expert Dances with BearsTHE CON IN THE CONSTITUTION – KREMLIN LOSES CONTROL OF THE AMENDMENT PROCESS, DELAYS DUMA VOTE, ORDERS ELECTION COMMISSION TO STOP ANSWERING TELEPHONEJohn HelmerOilprice Dutch Court Orders Russia To Pay $50B To Ex-Yukos...

This hunter gets a real pounding! [embedded content] It looks really dated now, but this Planet of the Apes human hunt scene frightened the living daylights out of me when I was 11. It reversed everything, where humans became worthless, and hunted and exploited for gain. The whole film was depressing, although brilliant! [embedded content]

Interesting critique of emergence in natural systems.Is the brain the producer of consciousness, or is the brain a receptor?MindMattersWhy the Mind Cannot Just Emerge From the BrainRobert J. Marks in conversation with neurosurgeon Michael Egnor WHY THE MIND CANNOT JUST EMERGE FROM THE BRA WHY THE MIND CANNOT JUST EMERGE FROM THE BRA WHY THE MIND CANNOT JUST EMERGE FROM THE BRA

The last 10 years have seen the collapse of neoliberalism. The question now is, what comes next? For 40 years, we have lived in a neoliberal era, an era defined in public policy by deregulation, liberalization, privatization, and austerity. Starting with the Thatcher and Reagan revolutions, neoliberal ideas spread to capture the center and even the left, ultimately becoming the reigning policy consensus by the mid-1990s.But over the last decade, that neoliberal consensus has collapsed. We...

The long-awaited "phase one" deal between the United States and China has not ended US trade warfare. Instead, President Donald Trump's administration has devised yet another tool with which to tilt the playing field against foreign competitors, all but ensuring that damaging and unnecessary trade conflicts will continue. The US is all for "free markets, free trade, and free capital flows when it  benefits the US elite, but not so much when the table turns as US firms are outcompeted....

American "exceptionalism" at work. (snark)Asia TimesWhy the US is losing its war against HuaweiDavid P. Goldman

Richard Murphy comments on Peter Bofinger's article, linked to here at MNE yesterday. Progressives and others on the so-called left need to read and understand this. The right won't pay any attention to it since it is Keynesian.Tax Research UKWhy the fantasy world of neoclassical economics is undermining our wellbeingRichard Murphy | Professor of Practice in International Political Economy at City University, London; Director of Tax Research UK; non-executive director of Cambridge...