Mike Norman Economics

A wave of corporate media reports on Chinese organ harvesting rely without acknowledgement on front groups connected to the far-right Falun Gong cult, whose followers believe “Trump was sent by heaven to destroy the Communist Party.” Western corporate media outlets have gone wild with claims that the Chinese state is “harvesting” the organs of ethnic minorities and political opposition figures. But an investigation by The Grayzone has found that these allegations originate from front...

Most interesting for the analysis of the process relative to statistical reasoning and news reporting, which happens to be the bedrock of economics and the narratives based on conventional economics. Short and not wonkish.Statistical Modeling, Causal Inference, and Social ScienceThat study about the health risks of red meat: An excellent news reportAndrew Gelman | Professor of Statistics and Political Science and Director of the Applied Statistics Center, Columbia University

Still correct.

Single-handedly holding up the economy.

Occasional Links & Commentary“Maybe we should change the system” David F. Ruccio | Professor of Economics, University of Notre Dame Zero HedgeWhy The US "Decoupling" Miracle Ends In 72 Hours Tyler Durden Yahoo NewsSaudi prince says war with Iran would gut world economyRussia Rolls Out The Red Carpet For Huawei Over 5G AFP Naked CapitalismThe Knock-On Consequences of the US-China Trade Tariffs on Global Value Chains Yves SmithStrategic Culture FoundationCulture Wars, Foreign Policy...

'not a single newspaper or television station reported the fact that I made a public performance of that song ["Wish You Were Here"] for Julian Assange.'  Roger Waters 

This Is really good, where Dr Jonathan Alfred says everything I have always said here.Neoliberalism simply is not working, he says, and yet our politicians and the economic profession say that more neoliberalism is the answer. For instance, free markets are driving climate change, so the neoliberals say more markets are the solution, not tackling the cause.What he says about scientific economics is the best, though: The profession attracts a lot of mathematicians and people qualified in...

All the media and Western politicians are interested in is how bad China or Russia are, but Indonesia is in the Western camp and so its atrocities in West Papua are ignored.An American mining company is making billions stripping a West Papuan gold mine. West Papua was annexed by Indonesia and the rights of its gold mine was given to an American company. The West Papuans are some of poorest people in the world, while their gold mine is one of the largest in the world. West Papua is home to...

An interesting report from the BBC about China. If you read between the lines you will see that it is the Hong Kong's capitalist system itself that has brought so much misery to the people of Hong Kong. But the report does blame the Chinese government, as you would expect from the BBC, by saying that it hasn't done enough to counter the influence of big business and the wealthy elite in Hong Kong.Yep, it's China's fault for keeping to the agreement of One Country, Two Systems, exactly what...

Child poverty rate:??6% ??7% ??8% ??8% ??9% ??9% ??9% ??10% ??10% ??10% ??11% ??12% ??12% ??12% ??12% ??12% ??13% ??13% ??13% ??13% ??14% ??14% ??14% ??15% ??16% ??17% ??17% ??18% ??20% ??20% ??21%Good thing the US is tackling this with a $700+ billion military budget ?