Mike Norman Economics

The dissonance in mainstream economics and the political debate about policy settings is getting deeper and more public. We now have examples of central bankers ‘throwing their hands up in the air’ and nearly begging governments to abandon their obsession with fiscal surpluses, and, instead, use fiscal policy to stimulate waning economic growth. What I think is happening is that we are entering a period of fiscal dominance, which will represent a categorical rejection of the mainstream...

Complex doesn’t even begin to describe the positioning of Iran-Russia in the geopolitical chessboard. What’s clear in our current, volatile moment is that they’re partners, as I previously reported. Although not strategic partners, as in the Russia-China tie-up, Russia-China-Iran remain the crucial triad in the ongoing, multi-layered, long-term Eurasia integration process. A few days after our Asia Times report, an article – based on “senior sources close to the Iranian regime” and crammed...

So does labor fulfill freedom or create alienation? Likewise, does technology emancipate and fulfill us, or does it enthrall and disempower us? Marx's answer to the first question is that it does both, depending on the social relations within which it is defined, managed, and controlled. It would seem that we can answer the second question for ourselves, in much the same terms. Technology both extends freedom and constricts it.... Adding to what David Little says in this post, Hegel and...

The US is provoking color revolutions for regime change in China and Russia, who are reacting as may be expected. It's on.India PunchlineA Sino-Russian firewall against US interferenceM. K. Bhadrakumar | retired diplomat with the Indian Foreign Service

Short review of Ron Ridenour's new book. Ridenour is a foreign policy realist. Reminiscence of the FutureThe Russian Peace Threat by Ron RidenourAndrei Martyanov

Gordon Dimmack live right now discussing Epstein’s mysterious death. It's quite interesting. See you there in the comments section. [embedded content]

So, how smart is it to antagonize and make such accusations against a superpower like China, given the fact that the Democrats have already antagonized and accused another superpower – Russia? The United States of America has long been divided between the two political parties and their struggle has shaped not just the recent history of America, but also that of the entire world. Amen. Not only not smart, it is crazy. Except for the MIC (military-industrial complex) that profits from...

A somewhat weird report published at Oilprice.com claims that Russia will station troops, ships and fighter jets in Iran. The piece was reproduced at Yahoo.com and Zerohedge even as it is obviously bonkers.... Moon of AlabamaNo, There Will Be No Russian Base In Iran

The beautiful Earth  In my opinion, the most beautiful planet in the Solar System.  Although it is not perfectly round. And for some, it's not very round at all.

This is what struck me immediately on learning of Epstein's "passing," the near certainty of which I had mentioned to a friend several days before. He asked me, "Do you mean he will be 'suicided?" Of course, this remains just a hypothesis based on a suspicion that is based on "cui bono?" The truth of the matter will likely never be established to the satisfaction of all. Even if it is "established through evidence" in an investigation, the result won't be universally accepted, for good...