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Mike Norman Economics

Digital Journal — Real Progressives Announces Launch of New Venture

Real Progressives announced today the creation of a new nonprofit corporation to help match activists and progressive causes with policymakers, media outlets and academic experts to help create an actionable policy from a sound financial framework.Real Progressives launches this unprecedented effort with a mission to facilitate dialog and workgroups to assist academics within the Modern Monetary Theory discipline to fundamentally address the ubiquitous question of how progressive policy can...

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Bill Mitchell — Leopards do not change their spots

Only a short blog post today as it is Wednesday. My father, in fact, used to say that ‘leopards do not change their spots’, when referring to people who in one period behaved one way and then when sprung would pretend they were reformed. I was thinking about that when I noted that the queue to the magical reinvention door is getting longer by the day. This is the process, whereby a person, who previously advocated neoliberal macroeconomic policy interventions from the sidelines (as an...

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Charles White – Government ministers ‘congratulated themselves’ for cutting fire regulations

Conservative ministers were proud of slashing fire regulations, just months ahead of the Grenfell Tower block blaze. Regulations are bad! Dereg, dereg, and dereg, then businesses thrive and all boats rise, then everyone is happier.2017 In February this year, ministers posted on a government website details of their ‘anti-red tape’ agenda on new-build properties. In a separate report fire safety inspections, the Conservatives said, had been reduced for some companies from six hours to...

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Links — 29 Oct 2019

Caitlin Johnstone — Rogue JournalistThe USA’s History Of Controlling The OPCW To Promote Regime ChangeCaitlin Johnstone Mint Press NewsMedia Silent as Nobel Prize Winning OPCW Found “Fixing” its Own Findings on SyriaChilean Protests: A Revolt against Neoliberalism the Media Refuses to AcknowledgeAlan MacLeod Sputnik InternationalLebanese PM Hariri Announces Resignation Amid Protests in Beirut Moon of AlabmaWhy Lebanon And Iraq Are At The Brink Of Further Strife Sputnik...

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How to Rethink Capitalism — Simon Johnson

The 2008 financial crisis, together with failed efforts to combat climate change and sharply rising inequality, has frayed the neoliberal consensus that has prevailed in the United States and much of the West for more than two generations. Three issues must be considered in weighing what comes next.... Project SyndicateHow to Rethink CapitalismSimon Johnson

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Gordon Duff – Exclusive: Russia says Bagdadi killing faked by US, part of new move against the region by Deep State (updating)

Gordon Duff once said that 40% of what he writes is untrue, which he does, he says, to keep himself aive. He said you have to read between the lines.Still, much of this article seems plausible to me, and is an interesting look at geopolitics. The World is a dangerous place.Gordon Duff says how Russia is piling arms into India and this scares China which then buys more arms from Russia. Exclusive: Russia says Bagdadi killing faked by US, part of new move against the region by Deep State...

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Every Black Hole Contains Another Universe – Equations Predict

Our universe could be creating multiple new universes with different space times, and those new universes will be creating even more universes, so the maths tells us.  Like part of a cosmic Russian doll, our universe may be perfectly nested inside a black hole that is itself part of a larger universe. In turn, all the black holes found so far in our universe—from the microscopic to the supermassive—may be ultimate doorways into alternate realities. Physics-Astronomy  Every Black Hole...

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