Mike Norman Economics

Research based on studies by Greenwich University has revealed public ownership of services such as broadband, buses, energy and NHS could save billions for the tax payer New polls suggest the Tories have a 19% lead. Labour is offering a really good deal, but many voters reject it, why? For one thing, it is the anti-Labour bias in most of the media, and also people have been told we can't afford it, although Labour's spending plans are only midway compared to the rest of Western...

An interesting and spiritual one for Sunday.Physics is getting weirder!I don't know much about the science in Galileo's time, but he said there was no light, colour, or taste, and that all of these experiences were created in the mind.  Electromagnetic waves leave the Sun, bounce off objects, and our brains create the images and colours we see.  If a tree fell down in a forest and there was no one around, would it make a noise? Our brains produce all these experiences, but what if it also...

The first part of the post is about Tunisia, and the second is specifically about MMT. MMT economist Fadhel Kaboub is originally from Tunisia and is familiar with the situation there. Rosa Luxemburg StiftungModern Monetary Theory: A Tool for the Global South?Fadil Aliriza, co-founder and editor-in-chief of the Tunisian news portal Meshkal, in conversation with Dr. Fadhel Kaboub, associate professor of economics at Denison University and president of The Global Institute for Sustainable...

In terms of the the general case concerning contemporary banking, the basic constraint on lending, by which banks create "money"* by crediting deposit accounts (bank liability) and debiting loan accounts (bank asset), is the availability of creditworthy borrowers. This population is flexible based on, financial and economic conditions, bank credit standards, and government policy and regulation. All of these may change over the cycle. Price of assets rise to the degree that banks are...

Hydrogen has been dubbed ‘the fuel of the future’ but thanks to our scientists, that future could be much sooner than we think. We’ve created a metal membrane that filters out pure hydrogen gas from ammonia. It can then be dispensed into fuel cell cars, buses and even trucks. And the technology isn’t just fantasy, we recently powered fuel cell electric vehicles using locally-produced ultra-high purity hydrogen. And now the technology is being commercialised via a partnership with Fortescue...

Caitlin Johnstone — Rogue JournalistNew OPCW Leak Further Vindicates Skeptics Of Establishment Syria Narrative Caitlin Johnstone Sputnik InternationalOPCW Modified Chemical Weapons Report on Syria's Douma, Crucial Details Omitted - Wikileaks The GrayzoneYes, Ukraine interference in the 2016 presidential election Yasha Levine Fort RussBREAKING: White Helmets Involved in Human Organ Trafficking in Syria Drago Bosnic SouthFrontMalaysia Demands JIT To Provide Transparent Access To...

The [Wolfowitz] doctrine announces the U.S.'s status as the world’s only remaining superpower following the collapse of the Soviet Union at the end of the Cold War and proclaims its main objective to be retaining that status. Our first objective is to prevent the re-emergence of a new rival, either on the territory of the former Soviet Union or elsewhere, that poses a threat on the order of that posed formerly by the Soviet Union. This is a dominant consideration underlying the new regional...

Alternatives to the reporting in conventional media. MediumXinJiang: Facts Vs. Fiction He Zhao China Rising (July 2019)Confucius, Laozi and Buddha are humbly winning against the imperial West, in troubled Hong Kong. Jeff J. Brown As Jeff Brown forsaw.Moon of AlabamaWhy The Hong Kong Riots Are Coming To An EndThe GrayzoneHong Kong’s opposition unites with Washington hardliners to ‘preserve the US’s own political and economic interests’ Ajit SinghBill Totten's WeblogFrom Idlib to...

"The top one percent owns nearly $30 trillion of assets while the bottom half owns less than nothing." The growth of wealth inequality over the past 30 years, Bruenig found, is "eye-popping." "Between 1989 and 2018, the top one percent increased its total net worth by $21 trillion," Bruenig wrote. "The bottom 50 percent actually saw its net worth decrease by $900 billion over the same period." Common Dreams'Eye-Popping': Analysis Shows Top 1% Gained $21 Trillion in Wealth Since 1989 While...

Fort RussHow the Biden Clan Plundered Ukraine (PHOTO, VIDEO EVIDENCE) Andrii Derkach John Solomon ReportsResponding to Lt. Col. Vindman about my Ukraine columns … with the facts John Solomon It is now important for every American to realize that he or she can get little to no reliable news from the US mainstream media on Ukraine, Russia, or even the United States itself. The inevitable confusion and apathy is particularly dangerous in a country with the enormous responsibility of being the...