Mike Norman Economics

POTUS "discovers" that international conflict (igniting nationalism, jingoism and xenophobia) can increase national unity and reduce divisiveness by focusing national attention on a common external foe or threat.Sputnik InternationalUS-China Trade War Can Strengthen National Unity, Trump SaysSee alsoNATO preparing color revolution in BelarusSouthFront EX-NATO GENERAL SECRETARY SAYS US-LED MILITARY BLOC WOULD LIKE TO SEE UKRAINE-STYLE CHANGES IN BELARUSSee alsoSputnik InternationalLarry King...

Summary of the issues and argument.Interestingly, Tinbergen was award a "Nobel" (1969), while Keynes was never so honored in spite of being one of the most significant contributors to economics and economic policy in the 20th century, if not the most significant. Now, "Keynes" and "Keynesianism" are household words, while few remember Tinbergen other than related to Keynes-Tinbergen controversy.Lars P. Syll’s BlogEconometrics: The Keynes-Tinbergen controversyLars P. Syll | Professor, Malmo...

I was fascinated by this talk given about Putin by Christopher Caldwell. It's starts off bad with Caldwell saying that Putin doesn't have a lot of respect for the democratic processes and that a number of his opponents have been murdered, but, he adds, there is no evidence that Putin is behind them although that doesn't mean it's not significant.Caldwell then says how progressives around the world tend to dislike Putin as he's not the sort of person who would head a pro feminist NGO, nor do...

Fed morons probably still "getting a good deal for the taxpayers!" on the reserves they continue to roll over every month...The Fed's fight for control of its key interest rate https://t.co/ZFFtgTovIK pic.twitter.com/dRDvaZUDjp— Bloomberg Markets (@markets) November 8, 2018

I might have posted this here before, but the first half looks different, where I just fell off my seat with laughter when I saw the Brian Kemp video clips. These would just terrorize most liberals as Brian Kemp is a stereotypical 'red neck' who can't resist branding a gun in most photo shoots.He says, while aggressively holding a pump rifle and setting off an explosion behind him, that he's going to blow up the federal budget, but I bet he won't be stopping the welfare for the rich handout...

Dances with Bears FOUR HARD-TO-LEARN RUSSIAN LESSONS FROM THE US CONGRESSIONAL ELECTION RESULT John HelmerReutersTrump, Democrats clash already over investigations blitzDavid Morgan and Susan Cornwell Russia InsiderRussia Now Has 30 Times the Cruise Missiles It Had 6 Years Ago Pravda.ru flassbeck economicsThe economic situation in Bulgaria and Romania – Part 1 Heiner Flassbeck ReutersChina's ties with Taiwan chip firms under scrutiny as U.S. trade war heats upJess Macy Yu, Yimou Lee...

Midterm elections have concluded and the impact on the market will be significant.

Fort Russ NewsSO IT BEGINS: Venezuela Kicks-off Sale of CryptocurrencyPaul Antonopoulos Sputnik International Iran Selling Oil on Stock Exchange - Energy Expert Sputnik International Russia May Partially Replace US in Soybean Exports to China Amid Trade War - PM Sputnik InternationalFrance Will Lead EU Drive to Defy Iran Sanctions, Bolster Euro – Minister TASSRussia can temporarily restrict lumber export to China, natural resources minister warns Asia TimesChina will not be bullied by...

And, of course, in 2016 three million more voters cast their votes for Democratic than for Republican Senate candidates. And the 2018 House vote went Democratic by 9.2 percentage point:: FiveThirtyEight: Significant Digits For Wednesday, November 7, 2018l: "Voters cast 44.7 million votes for Democratic Senate candidates and 32.9 million votes for Republican Senate candidates... 57 percent of Senate votes went for Democrats... Another reason that America is a republic rather than a...

My next book - Breakeven Inflation Analysis - is in its final stages before publication. Unless something goes wrong, the Amazon ebook (Kindle) version should appear within a few days; the non-Amazon ebooks (Apple, Kobo, ...) may face unknown delays. Bond EconomicsPublishing UpdateBrian Romanchuk