Mike Norman Economics

Why conventional economics is a failed project. It's the approach to assumptions. Lars P. Syll’s Blog The logic of economic modelsLars P. Syll | Professor, Malmo University

Tidbit. Who knew?Open CultureQueen Guitarist Brian May Is Also an Astrophysicist: Read His PhD Thesis Online Colin Marshall

This detailed article suggest the question, why did powerful people in the West, chiefly the US, back what appears to be a billion-dollar scam? Could be because Kolomoisky was secretly financing the Ukrainian attack on Eastern Ukraine? Dances with BearsTHE KOLOMOISKY PYRAMID STARTED WITH HILLARY CLINTON AND VICTORIA NULAND OF THE STATE DEPARTMENT PLUS CHRISTINE LAGARDE OF THE IMFJohn Helmer

One of the shifts I have observed in the last year or so in the way that Modern Monetary Theory (MMT) is being discussed in the public domain and the type of speaking invitations I am receiving is a growing interest from large financial market entities, who have not bought into the visceral, knee-jerk attacks from the populist academic type economists (Krugman, Summers, Rogoff, and all the rest that have jumped on their bandwagon). I spoke at a few workshops some years ago where economists...

Leaders of these three countries met in virtual secrecy. The very few media representatives present in the shabby room were soon invited to leave. Presidents Putin, Xi and Modi were flanked by streamlined teams who barely found enough space to sit down. There were no leaks. Cynics would rather joke that the room may have been bugged anyway. After all, Xi is able to call Putin and Modi to Beijing anytime he wants to discuss serious business.New Delhi is spinning that Modi took the initiative...

[embedded content]  I bought a Honor 10 phone recently so it has got me interested in the dispute between Huawei and Washington.I looked at a number of these tech videos now and the tech guys who make them are not political - they just love the technology.What's interesting is that they are not convinced by what Washington has been saying about Huawei phones being hackable, and seem to think that this is really just a trade war. They are all really excited about the new Huawei phones and...

This is shocking, but I bet most people in the UK probably won't take much notice. They see the Conservative Party as being the honourable establishment that is strong on law and order, and the upper class as the bastions of society, traditional values, and decency, while the left is viewed as being treacherous to British society. Of course, it is the other way around, as many of the aristocracy make their money in unsavoury ways, like perpetual war.“She should confirm the UK government will...

I'm beginning to think that everything in the West is a lie. The Observer did a hit job on Putin this morning, but Britain and the U.S. have far more horrendous crimes to be called out for, like their complicit role in the Saudi war in Yemen. Everywhere you turn there's propaganda. [embedded content] The Grayzone's Anya Parampil sat down for an exclusive interview with Honduras President Manuel Zelaya, who discusses how, after a US-backed right-wing military coup overthrew him on June 28,...

Trump is often called an isolationist, but he is as interventionist as his predecessors. His strategy is simply to rely more heavily on US economic power than military might to coerce adversaries, which creates its own kind of cruelty and destabilization – and embodies its own brand of illegality.... Project Syndicate America’s Economic Blockades and International Law Jeffrey D. Sachs | Professor of Sustainable Development and Professor of Health Policy and Management at Columbia...

Natalie Nougayrède is a very hawkish journalist who works for the Guardian, and all she ever writes about is how bad Putin is.I put out a post here last week where a journalist uncovered documents which showed that the Guardian editors regularly met with MI6 to discuss how best to report the news.From the Guardian Forget Putin’s ‘liberalism’ jibe. This man runs a war machine For too long, the west has turned a blind eye to Russian atrocities in a string of wars Nougayrède's article is...