Mike Norman Economics

Could the Democrat Russia-gate nonsense backfire? Could Obama be in the dock? Who was it that really tried to interfere in US democracy? Former US President Barack Obama is now in severe legal jeopardy, because the Russiagate investigation has turned 180 degrees; and he, instead of the current President, Donald Trump, is in its cross-hairs. Stategic CulturesEric Zuesse - Russiagate Investigation Now Endangers Obama

Happy New Year to all!Let's make it prosperous!

The GrayzoneFacebook Censorship of Alternative Media “Just the Beginning,” Says Top Neocon Insider Jeb Sprague | visiting faculty member at the University of California, Santa BarbaraRT‘Pack of lies’ on behalf of Al-Qaeda: Security experts rip into ‘Douma chemical attack’ probe after latest OPCW leakElijah J. MagnierChina-Iran -Russia alliance ending US unilateral global hegemony Sic Semper TyrannisWe Were Warned About the Deep State, but Refused to Listen Larry C. Johnson | CEO and...

On the MMT JG and the buffer stock approach to controlling inflation. Important. For some reason, most critics ignore this approach, which is central to the MMT approach to both macroeconomics and policy formulation and policy space. Interestingly, both Paul Krugman and Greg Mankiw, who come from different ideological perspectives (left and right respectively), but share much of the conventional paradigm (New Keynesianism), have difficulty coming to grips with what MMT economists are...

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The Sustainable Development Index (SDI), designed by anthropologist and author Dr Jason Hickel, calculates its results by dividing a nation’s “human development” score, obtained by looking at statistics on life expectancy, health and education, by its “ecological overshoot,” the extent to which the per capita carbon footprint exceeds Earth’s natural limits. Countries with strong human development and a lower environmental impact score highly, but countries with poorer life expectancies and...

Defining "neoliberalism" as social democracy lite. This not The Onion.Grasping RealityNeoliberalism: Are We Sure That's the Right Word?: Talking to Noah SmithBrad DeLong | Professor of Economics, UCAL Berkeley

Past climate emissions mean parts of US and Europe will experience devastating drought in 80 years, and a global food crisis could be triggered in the 2020s — yet it’s not too late to build resilience and avert the worst The Independent  Nafeez Ahmed - West’s ‘dust bowl’ future now ‘locked in’, as world risks imminent food crisis

Financial sector ‘not moving fast enough’ to divest from fossil fuels, Mark Carney says It is said the wealthy aren't so worried much about climate change because they think their wealth will protect them, but I always thought their investments would be precarious in a world ravaged by climate change.  Climate breakdown could render investments held by millions of people “worthless”, the outgoing governor of the Bank of England has warned. Mark Carney suggested the financial...

Divided America. Axios Gallup: Trump and Obama tie as America's most admired man