Mike Norman Economics

EXCLUSIVE: The Conservatives are inviting private firms to bid for NHS cardiology, gynaecology, paediatrics and oncology services in big sell out Boris Johnson lied and the public believed him. Business as usual! NHS cancer care and kids’ ­treatments are up for grabs in a stealth Tory sell-off, the Sunday Mirror can reveal. Private firms are being invited to bid for chunks of our health service – in complete contrast to Boris Johnson ’s repeated election campaign denials....

For "low wage" industries, up > 4% YoY.All above the typical 2% "inflation!" rate the economorons typically talk about as some sort of threshold...The media needs to report this accurately. They don't want to admit that spike is @realDonaldTrump. Significant wage increases for lower wage Americans. https://t.co/Js2vAV3swG— Brad Parscale - Text TRUMP to 88022 (@parscale) December 21, 2019

Finland’s new head of state caused enthusiasm in the country: Sanna Marin (34) is the youngest female head of government worldwide. She leads a centre-left coalition in which all 5 government parties have women at the top. Her aim: To introduce the 4-day-week and the 6-hour-working day in Finland. Finnish Prime Minister Marin calls for a 4-day-week and 6-hour-day for her country

Identity politics doesn't win...[embedded content]

Barrett says that American companies agreed to share some of their technology with Chinese companies if they were allowed to move their production there. They didn't have to agree, no one was forcing them. This is how capitalism works, where you try to get the best deal, contract, or the best price. Simple as that! American companies needn’t have gone to China. In this video I discuss how China is accused by many countries of stealing technology and intellectual property. This is not...

The MSM isn't interested.  Just as extraordinary as the leaks themselves is the fact that they have been completely blacked out by the mainstream media in the United States and Europe. Despite the explosive character of the documents that have been published so far, exposing the ostensibly objective and neutral OPCW as a tool of the US and its imperialist allies, there has been no significant coverage in the mainstream media nor any effort by the New York Times, Washington Post or any...

Zero Hedge Senior OPCW Official Busted: Leaked Email Exposes Orders To "Delete All Traces" Of Dissent On Douma Tyler Durden Caitlin Johnstone — Rogue JournalistMedia’s Deafening Silence On Latest WikiLeaks Drops Is Its Own Scandal Caitlin JohnstoneEurasia ReviewWikileaks Leaks Info On OPCW ‘Dissenting’ Report About Syrian Chemical AttackAl Bawaba News RTOops for Google Apps? Huawei seeks an alliance with other Chinese firms to push US giant out of AsiaSputnik InternationalHuawei May Sell...

Some good analysis. The Labour Party of the UK took a DEVASTATING loss in last night's election. Cenk Uygur, John Iadarola, and Hasan Piker, hosts of The Young Turks, break it down [embedded content]

One of the things that Modern Monetary Theory (MMT) obviously needs are good short "explainers" aimed at people who already consider themselves experts in economics. (In addition to people trained as economists, that would include market practitioners -- like myself -- who consider themselves macro experts.) There are plenty of primers aimed at people unfamiliar with economics, and academic journal articles -- but not a lot in between. The new textbook -- Macroeconomics, by Mitchell, Wray,...

The US is two or three years behind. Russian Defense Minister Sergei Shoigu confirmed Friday that the Avangard, the country's new intercontinental hypersonic weapon, became operational and entered combat duty, per the AP. Why it matters: Russian President Vladimir Putin has emphasized that Russia is the only country armed with hypersonic weapons. He also has compared the success of the Avangard's development to the Soviet Union's first satellite launch in 1957. Axios Russia's new...