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Mike Norman Economics

Barrett – China Steals Technology!

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...

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Niles Niemuth – New WikiLeaks documents expose doctoring of chemical weapons report to justify 2018 US attack on Syria

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...

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Links — 28 Dec 2019

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...

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Everything You Need To Know About MMT…In One Thousand Words? — Brian Romanchuk

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,...

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Russia’s new hypersonic weapon becomes operational

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...

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Anti-war.com – Assad Plans To Sue US Over Stealing Syrian Oil

Syrian officials say that they are looking at filing an international lawsuit against the United States government over the intended theft of Syrian oil from fields in the country’s northeast. Since October, President Trump has totally revised the goals of the US war in Syria, entirely around the idea of “securing” the oil, and has been very public about intending to have the US take the oil for themselves. Anti-war.com - Assad Plans To Sue US Over Stealing Syrian Oil

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This policy makes absolutely no sense whatsoever—neither social sense, economic sense, or political sense. — Brad DeLong

This policy makes absolutely no sense whatsoever—neither social sense, economic sense, or political sense. Yet it rolls forward, with no resistance from legislators of the president's party: American Progress: Cruelty for Cruelty's Sake: 'This week, President Donald Trump issued a new, cruel rule that will strip nearly 700,000 struggling people of Supplemental Nutrition Assistance (SNAP) benefits. In its announcement of the rule, the U.S. Department of Agriculture cited a strong economy and...

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