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Mike Norman Economics

Geopolitics Links — 28 May 2021

BelarusMoon of Alabama (staying up to date)Ryanair Incident - Email Warning Received Before Plane Entered Belorussian AirspaceIrrussianality (a voice of reason)More Thoughts on BelarusPaul Robinson | Professor, Graduate School of Public and International Affairs at the University of OttawaTASS ((Russian state media)Integration of Russia, Belarus should not be rushed, Putin saysChinaThe Intercept (transnational global capitalism]Anti-China Trade Bill Is Big Boost for Big TechRyan GrimSputnik...

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Market dirigisme — Steve Randy Waldman

Market dirigisme is the name I give to a style of public policy I think we ought to use more. The idea is pretty simple. Governments form preferences over how the polity ought to be but currently is not. Often, what governments should do is to explicitly purchase the changes in behavior they desire from the general public.... InterfluidityMarket dirigismeSteve Randy Waldman

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Cost of Living Indices: Why Use Them? — Brian Romanchuk

One technical issue that comes up when looking at consumer price indices is that the concept of a “cost of living index” comes up. This is a technical definition, as opposed to the vaguely defined notion of a “cost of living” that is used in popular discussion.In most of my writing, I aim to explain technical concepts and debates in plain English. In this case, I am not going to attempt it. My feeling is that the specifics of this technical debate are not going to be meaningful to a general...

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Bill Mitchell — ECB realises it has to keep funding Member State deficits for the foreseeable future

Well, the Melbourne virus outbreak has scuttled lots of plans and events. We wouldn’t be in this situation if the Federal government had have invested in dedicated quarantine facilities last year when they were told to and taken advice to ensure their vaccination purchases were sufficient. Anyway, that is for another day. Today, I have been examining European data and matching them against a recent interview (May 26, 2021) – Interview with Fabio Panetta, Member of the Executive Board of the...

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Fed RRP now $450B

What the hell is going on.#reverserepo data from @aRishisays feed.ht @DiMartinoBooth @tyillc @TheBondFreak @bondstrategist @MotherCabriniNY @homerixy32 @kimgits1 @VlanciPictures pic.twitter.com/DMVvUaocxm— Dave Loves Carnage (@dapstats) May 26, 2021 This is funny you have all these people (finally, we’ve been covering this here for years) talking about this but NOOOOOOBODY is asking why the Fed is doing this in the first place...  it’s as if all these people think the reserve balance...

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Josie Glausiusz- Blood Brothers: Palestinians and Jews Share Genetic Roots

Jews break down into three genetic groups, all of which have Middle Eastern origins – which are shared with the Palestinians and Druze.Confronted by the violence sweeping over Israel, it can be easy to overlook the things that Jews and Palestinians share: a deep attachment to the same sliver of contested land, a shared appetite for hummus, a common tradition of descent from the patriarch Abraham, and, as scientific research shows - a common genetic ancestry, as well.Haaretz.com Josie...

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Stephen Johnson – Despite social pressure, boys & girls still prefer gender-typical toys

Fifty years of research on children's toy preferences shows that kids generally prefer toys oriented toward their own gender.For decades, studies have shown that boys and girls generally prefer playing with toys typically associated with their biological sex: toy trucks for boys and dolls for girls, to give a rough example.These results have remained remarkably stable over the past 50 years, according to a 2020 meta-analysis of research on gender differences in toy preferencesBig...

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