Mike Norman Economics

“The backers of Johnson’s leadership campaign were dominated by Hedge funds. To what extent is he swayed by their interests?” [embedded content]

In November, Chinese researchers announced that the Experimental Advanced Superconducting Tokamak (EAST) reactor — an “artificial sun” designed to mimic the nuclear fusion process the real Sun uses to generate energy — had hit a milestone by achieving an electron temperature of 100 million degrees Celsius. Now, officials are saying they believe they’ll wrap up construction on a new artificial sun this year, and they claim this device will be able to hit a milestone in ion temperature —...

If Labour get into power.... ?THE POUND WILL CRASH! ?THE BANKERS WILL FLEE! But is this true? Michael Walker went to the City of London to see if bankers are really scared of Corbyn. [embedded content]

Moon of AlabamaOPCW Manipulation Of Its Douma Report Requires A Fresh Look At The Skripal 'Novichok' Case Green Party US Green New Deal Global InequalityPolitical Decay in Our Time. A review of Fukuyama’s vol. 2.Branko Milanovic | Visiting Presidential Professor at City University of New York Graduate Center and senior scholar at the Stone Center on Socio-economic Inequality, senior scholar at the Luxembourg Income Study (LIS), and formerly lead economist in the World Bank's research...

FastCompany [Will become?]Antitrust warrior Matt Stoller warns that if we don’t take on Big Tech, ‘we’ll become a fascist society’ Marcus Baram JacobinA Socialist Plan to Fix the Internet Ben Tarnoff  WhoWhatWhyGoogle to Employees: Want a Union? Search Elsewhere Ted Rall Gold Goats 'n Guns [Turning point?]Macron Tells NATO Russia Must Come in from the Cold War Tom Luongo Intel Today ["Poppy" was the only CIA Director to become POTUS, Putin was just a KGB agent] Remembering CIA...

Wow, I never thought I would start to like Macron. I hope the CIA and MI6 haven't got other plans - maybe the French protestors will get a new president after all. French president says alliance created to provide collective security against Soviet Union should shift focus to terrorism Macron earlier alarmed European allies by declaring he wants improved relations with Vladimir Putin French President Emmanuel Macron urged Nato leaders to review the alliance’s strategy when they meet...

Until recently, mainstream economists and policymakers largely dismissed state-led industrial policy – a form of government intervention in the free market – as wasteful and ineffective. Government bureaucrats, the argument went, lack the ability to effectively pick winners among companies or industry sectors. The task is better left to venture capitalists and stock market investors. Moreover, a politicized process of distributing public money is inherently susceptible to rent-seeking and...

President Macron set the stage for new discord in Nato by declaring that Russia was no longer the enemy of the alliance and calling for closer ties with Moscow. Less than a week before the difficult Nato summit in Britain, the French president stuck to his widely criticised claim that the alliance was “brain dead” and in need of a strategy to replace US leadership of the continent’s defence. Nato is an organisation of collective defence. Against what, against who is it defending itself?...

OilpriceThe Battle For Libya’s Oil Is Heating Up Julianne Geiger Moon of AlabamaOPCW Manufactured A Pretext For War By Suppressing Its Own Scientists' ResearchThe Greanville PostAfter Failing to Prosecute Bankers, Obama Cashes In With Wall Street Speeches Patrice de Bergeracpas ReutersChina's factory activity unexpectedly returns to growth in November Yawen Chen, Se Young Lee Sputnik InternationalMercedes-Benz Owner Daimler Says It Will Cut 10,000 Jobs Worldwide Sputnik...

Could the Basic Income pay for itself? People do more work when they have enough money, children stay on at school longer getting better grades, average IQ increases by 14%. There is less crime, better nutrition, less illness, and less alcohol and drug abuse.Many of our greatest thinkers and artists lived in poverty, just think how much more they could have accomplished if they had enough money to live on?The right tend to believe that poor people don't try hard enough, but when people...