Mike Norman Economics

The ONLY reason fiscal may be being looked at lately is that Trump has taken direct action against the perennial export USD zombie surplus nations policies thru tariffs and other threats of executive action ... Trump is acting in support of perennial deficit US's domestic employment and production..The perennial surplus USD zombie nations are having to start to come up with a contingency Plan B if Trump reelected...This has NOTHING to do with MMT ... you're dreaming in f-ing left-wing...

I have some seen some commentary about hedging demand and Treasury yields. One typical interpretation is that hedging demand is pushing Treasury yields "too low," and so the signal from the yield curve is distorted. Furthermore, one could argue that this represents some form of "bond bubble. Since I do not give unsolicited investment advice to random strangers over the internet, I cannot give an answer to those questions. However, I can safely discuss the background behind these arguments,...

Sic Semper TyrannisFabricating the Russian DNC Hack Larry C. Johnson | CEO and co-founder of BERG Associates, LLC, an international business-consulting firm with expertise combating terrorism and investigating money laundering, formerly Deputy Director in the U.S. State Department’s Office of Counter Terrorism (1989-1993, and CIA operations (1984-1989) Sic Semper Tyrannis First McCabe, then; Brennan, Clapper, Comey, Strzok, the Ohrs, Stee Col. W. Patrick Lang, US Army (ret.), formerly...

Opening Panadora's box. And because the Afghanistan, Iraq and Libya affairs were so successful. Iran would potentially be far worse, not least owing to oil price. Oilprice.comThe CIA’s Dark Prince Doesn’t Want War With Iran Simon Watkins

Lula's recent interview with Pepe Escobar and others.Asia TimesLula tells world he’s back in the game from jail Pepe Escobar

Assignment. Pick out the propaganda.International Business TimesWhy Costco Had To Close Its First Chinese Store Early On Day One?Dawn Geske

Modern Europe’s political structure is based on the supposition that capitalism and democracy can be compatible – so the most urgent challenge of our times is reconciling the two. In short, economic liberalism and political liberal generate paradoxes that require a comprehensive worldview (systematic set of presumptions) that balances social, economic and political liberalism for Western liberalism to survive. New StatesmanCapitalism vs democracy: Europe’s hard problem Mark...

“Any government,” writes the economist and hedge fund manager Warren Mosler, “can achieve full employment by offering a public service job to anyone who wants one at a fixed wage.” Versions of this idea have received powerful endorsements from prominent Democratic politicians in the US, including presidential candidate Bernie Sanders and Rep. Alexandria Ocasio-Cortez, who has linked a government job guarantee to a Green New Deal. Moreover, versions of a job-guarantee program (JGP), more or...

Economic Policy InstituteBlack workers endure persistent racial disparities in employment outcomesPart of the series Labor Day 2019: How Well Is the American Economy Working for Working People? Summary: Black workers are twice as likely to be unemployed as white workers overall (6.4% vs. 3.1%). Even black workers with a college degree are more likely to be unemployed than similarly educated white workers (3.5% vs. 2.2%). When they are employed, black workers with a college or advanced degree...

This is a substantial book which the author admits has been 20 years in the making. [1] It deals primarily with Moseley’s own “Macro-Monetary” interpretation of Marx’s economic writings and takes up and rebuts criticisms of this interpretation. However, the book also looks critically at the major interpretations of Marx’s economic work, by Marxist academic economists, which have emerged in the last 100 years, giving a brief description of them and critically examining their failings. Many...