Mike Norman Economics

While I agree with most of what Fred Weir writes here, I also think that Putin understands more about the Western liberal tradition that arose during the Enlightenment than Weir thinks. Nor was Russia a stranger to Enlightenment ideas then. Weir is also wrong in thinking that Russia has no liberal tradition. In fact, Russia adopted its own version of the Western liberalism in the period called "the Russian Enlightenment, which adapted Western thought to the situation prevailing at the time...

Israeli News Live are evangelist Christians who have had me on the edge of my seat loads of times now thinking WW3 was about to break out, but it has never happened yet.Although they are evangelical and look forward to the messiah returning, they are very anti-war and seem quite sensible. [embedded content] Sources close to the knowledge of events surrounding the Russian submarine incident have said that the story will be spun as an accident before the public. Hal Turner also has reported...

Podcast. No transcript.The Zero HouorStephanie Kelton On Student Debt Forgiveness & The Fundamentals Of Modern Monetary TheoryRichard Eskow

While Lagarde said MMT is no panacea, she didn’t reject it outright.“While it is tempting, when you look at the sort of mathematical modeling of it, and it seems to stand, there are big caveats about it, such as if the country is in a liquidity trap, such as if there is deflation. Well then, in those circumstances, it could possibly work for a short period of time probably, because interest rates stay low until such time when they start going up. And then it is a bit of a trap.”-- April 11,...

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Getting out of the bubble. Russia InsiderTop Russian Governors, Heads of Major Ministries Made to Work on Road Crews to Learn Humility, Stay Grounded (Russian TV News) RI Staff

News blackout. Checkpoint Asia Every Major MSM Paper Declined to Run This Piece on UK Treatment of Assange by UN Rapporteur on Torture Nils Melzer, UN Special Rapporteur on Torture

Backgrounder.Checkpoint AsiaBillions of Dollars Later, China Chipmakers Gain Ground but Still Trail Global LeadersDoug YoungOriginally appeared at Caixin

Stuart Birks publishes WEA Commentaries. This is a project of the World Economic Association, which is the World’s largest organization of heterodox economists, who aim to challenge the dominant, mainstream, orthodoxy in economics. In the latest issue of the commentaries, Stuart has published extracts from my article on “Islam’s Gift: An Economy of Spiritual Development“. Initial segment of these extracts is as follows: An Islamic WorldViewModern Economics Versus Islamic Economics Asad...

India is a country of contrasts. It is home to a $160 billion tech services industry, while also buffeted by environmental and social challenges - and this makes it fertile ground for globally scalable, tech-driven solutions.... World Economic ForumIf innovators can solve India's problems, they can save the world. Here's why. Nikhil Malhotra