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Mike Norman Economics

Profit maximisation and the Green New Deal cannot mix — Richard Murphy

The simple fact is that the Green New Deal and profit maximisation are incompatible with each other, and this is of massive importance and is an issue that cannot be ducked if the Green New Deal is to work. This is the idea behind my work on what I call sustainable cost accounting (SCA). The core idea within SCA is that existing accounts treat the supply of finance as the constraint on corporate activity and as such the return to financial capital is considered to be the focus of financial...

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Renegade.inc – The Quickening

When going bankrupt it starts off slowly and then it happens very quickly. Author and businessman, Mark Brooks, says this is happening to the Western narrative right now as the propaganda has become so outlandish that lots of people are beginning to cotton on to the lies, and like the Emperor's New Clothes, the masses are about to realise it too. It's already happening in France. If you like what you read here at MNE's, then this is essential viewing. Don't miss it! [embedded content]...

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Ray McGovern — CIA: Mission Accomplished; Americans Believe What We Tell Them

At his first White House performance with other senior officials of the incoming Reagan administration, freshly appointed (but veteran covert action operative) intelligence chief William Casey told President Reagan and the others assembled:“We’ll know our disinformation program is complete when everything the American public believes is false.” Hard to believe? Read below what an eye-witness has attested to: “I am the source for this quote, which was indeed said by CIA Director William...

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TASS — Nabiullina names problems that hinder successful national project implementation

The head of the Bank of Russia, Elvira Nabiullina, identified the problems that create risks for the successful implementation of national projects and the achievement of sustainable economic growth, at the International Financial Congress on Thursday. "This year, the government has begun implementing national projects that are designed to remove structural constraints. These projects, involving investments in education, health care, and infrastructure, should be worked out with effective...

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US is a Classic Empire and Is Becoming a Repressive Police State at Home Dave Lindorff

Happy Independence Day as America celebrates with a military parade in the capital city.If vigilance is the price of freedom, Americans need to wake up and stand up as the vise jaws close.This Can't Be HappeningUS is a Classic Empire and Is Becoming a Repressive Police State at Home Dave LindorffSee alsoThe Rutherford InsitituteIt’s Time to Declare Your Independence from Tyranny, America John W. WhiteheadAlsoAlterNetTrue patriots are rebels, not bootlickers Meteor Blades

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The Next Phase of Trump’s Trade War with China — Yu Yongding

China remains committed to its 40-year-old process of reform and opening up. But following through on this commitment will require China's leaders to find ways to manage escalating tensions with the US and avoid a costly – and potentially devastating – reconfiguration of the global economy.... Project SyndicateThe Next Phase of Trump’s Trade War with ChinaYu Yongding | former president of the China Society of World Economics and director of the Institute of World Economics and Politics at...

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Sputnik International Huawei Founder Ren Zhengfei Says US Will ‘Fight IoT Next”, Block Smart Tech Industry – Reports

Huawei founder Ren Zhengfei told the Financial Times on Thursday that he expects the US to fight against his company's push into the Internet of Things (IoT) and smart factory technologies. Monopoly capitalism at work. Sputnik InternationalHuawei Founder Ren Zhengfei Says US Will 'Fight IoT Next", Block Smart Tech Industry – Reports

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