Mike Norman Economics

There is no true democracy in the West, it's like when Ford said you can have any colour you like as long as it's black. The Guardian has been taken over by Britain's security agencies, and is now being forced to put out anti Corbyn propaganda. The security agencies say Corbyn is a risk to Britain’s national security, well, isn't that up to the British people to decide. And the British people should be allowed to choose what type of security services they want.  The security agencies...

Remember Charlie Goldsmith? Sunday Night met the energy healer last year, and put his talents to the test. We catch up with one of the people who suffered from chronic pain to find out whether their improved health really lasted. [embedded content]

Global InequalityGreatest happiness for the greatest number. Or not?Branko Milanovic | Visiting Presidential Professor at City University of New York Graduate Center and senior scholar at the Luxembourg Income Study (LIS), and formerly lead economist in the World Bank's research department and senior associate at Carnegie Endowment for International Peace ZHLuongo: Trump Thumping Bolton Is A Good Start Tom Luongo Reminiscence of the FutureHe Was Never Qualified To Start With.Andrei...

Russophobic rhetoric persists in Washington, but a counter-argument is emerging. Could we finally be on our way for peace with Russia? Macron and Trump are leading the way. Trump repeated the thought in Biarritz, claiming there was support among other members for the restoration of the G–8. “I think it’s a work in progress,” he said. “We have a number of people that would like to see Russia back.” Macron is plainly one of those people. It was just after Trump sounded his theme amid...

1 in 3 ain't bad!Prem Sikka tweet: Corruption Inc: Big Four accounting firms bungle a third of US audits but are rarely fined. Friends in high places protect them. The private police force of capitalism makes millions from dud audits.  Time to shut them down. Public bodies should do audits https://t.co/ESLWr07EYp The Big Four accounting firms bungled 31% of the most recent US audits analyzed by their quasi-governmental watchdog, the Public Company Accounting Oversight Board (PCAOB). Yet...

Donald Trump has fired his national security adviser, John Bolton, in two tweets that said he “disagreed strongly” with many of his suggestions. Trump said he would be naming a new national security adviser, his fourth of his term, next week. Trump tweeted: “I informed John Bolton last night that his services are no longer needed at the White House. I disagreed strongly with many of his suggestions, as did others in the administration, and therefore I asked John for his resignation, which...

This is a link to a podcast, which I don't usually post. However, it appears at Project Syndicate, which is about as establishment as one can get.A several part interview of Randy Wray is also being linked to serially at Strategic Culture Foundation, which is about as non-Establishment as one can get.Winning!Project SyndicateShould Governments Just Print More Money? Stephanie Kelton, professor of economics and public policy at Stony Brook University, a leading expert on Modern Monetary...

The major problem with a UBI is that it is a shotgun approach that is not addressed to a specific socio-economic need and it is insufficient to meet all socio-economic needs. The other issue is, cui bono? That is, for whose good? And how does that actually work? What happens if it is inflationary, as some economists have warned? If it is indexed, it becomes more inflationary. If it is not, the good it was supposed to do is undone. Sounds good until you go to the spreadsheet.Conversable...

Fifty years ago this year, the King of Sweden presented with royal pomp the first ever Nobel medals in economics. The prize has been dogged by controversy ever since. Alfred Nobel the founder of the awards never wanted an economics prize, hisde scendants want it scrapped and the economist F.A. Hayek said it was dangerous.That’s not the half. Serious thinkers argue that the prize in ‘economic sciences’, as it’s called, has given economic ideas which favour the rich and powerful the gloss of...

BY THOMAS HON WING POLIN – GERRY BROWN It's difficult to find the truth about the CPC's treatment of the Uyghurs, but I tend to take the view most of what we read in the West is propaganda. Apparently this propaganda is designed to get the Chinese Uyghurs angry too.  The Chinese government, through various programs, has been winning the hearts and minds of ordinary Uighurs. That is bad news for the US Empire and the Uighur separatists. They are making a desperate, all-out bid to unravel...