Mike Norman Economics

This may very well set up the next 4 years. Important!

 It can even tell bosses how well-connected you are to other employees, which will indicate to them how successful you are likely to be in driving the company forward. Microsoft has expanded the analytics provided with its Office 365 suite of productivity applications into a “full-fledged workplace surveillance tool” according to privacy advocates.The tool, called Productivity Score, allows employers to know the number of days a person was active on Microsoft Word, Outlook, Excel,...

 Let's see how this prediction turns out. (They are talking their book.)Tyler and Cameron Winklevoss told CNBC that bitcoin will skyrocket to $500,000 within the next decade as it surpasses gold as a store of value. Business InsiderWinklevoss twins say bitcoin will soar to $500,000 and surpass gold as a store of valueEmily GraffeoSee alsoNew Economic PerspectivesThe Fair Price of Bitcoin is Zero (December 2, 2013)Eric Tymoigne

The world’s newest trade pact could bolster commodity trade among its members, thanks to reduced or eliminated tariffs on oil, gas, and coal among those members. Analysts believe that membership in the trade bloc could help to defuse the current strained relations between Australia and China, a major exporter and a top importer of fossil fuels in the region, respectively. Yet, the pact could further sideline U.S. exporters of energy to the world’s most resource-thirsty region, especially if...

Scott Sumner has more questions.Maybe he should try trading Treasuries. He might discover something.The Money IllusionA –> B –> C, Does A imply C?Scott Sumner | Ralph G. Hawtrey Chair of Monetary Policy at the Mercatus Center at George Mason UniversityAlso from SSIn Thanksgiving Message, Trump Says ‘We’re Like a Third-World Country’Can't argue with that.Trump concedes I was right all along

The Resolution, already adopted by the United Nations General Assembly on December 18, 2019, was approved by the Third Committee with 122 votes in favor, including the votes of Russia and China, two permanent members of the Security Council.Only two members of the United Nations voted against it: The United States (a permanent member of the Security Council) and Ukraine.The other 29 country NATO members, including Italy, certainly due to an internal directive, abstained. So did the 27...

"Our guys."Informed CommentHyper-Patriarchal Saudi Arabia equates mild Feminism with Terrorism, as Sen. Murphy calls on Biden to review ties with KingdomJuan Cole

The levies come roughly three months after Beijing began investigating complaints made by the Wine Industry Association of China that Australian winemakers have flooded the market with cheap wine since 2015. Mainland China is an $850 million market for Australia’s wine exports and the leading consumer, consuming about 40% of Australia’s total overseas shipments....FortuneChina slaps 200% anti-dumping tariffs on Australian wine as relations continue to sourEamon Barrett

"Dual circulation" explained.I would expect China and Russia to expand cooperation in tech as a key piece of their strategic alliance.East Asia ForumHow China’s ‘technological independence’ strategy will transform its economyJianmin Jin | Chief Digital Economist at the Global Strategy Planning Division, Fujitsu Ltd., Tokyo

The CARES Act was signed into law on March 27. Congress earmarked $454 billion of that stimulus money to be distributed by the Treasury to the Federal Reserve to be used for emergency lending programs to save businesses and jobs during the pandemic and keep credit flowing to the U.S. economy. The catch was that the Treasury Secretary, Steve Mnuchin, would have to give his approval for each of the programs.Since June, Wall Street On Parade has been reporting that $340 billion of the $454...