Mike Norman Economics

There is a new eBook published by the Stigler Center which is an offshoot of the Booth Business School at the University of Chicago. The publication contains a number of short essays either attacking or defending the infamous pronouncements by Milton Friedman on the role of the corporation. This year, you may recall, is the 50th anniversary of the newspaper article in which Friedman described his view that the purpose of the corporation is too maximize shareholder value. The subsequent...

BRI forges ahead. US vows to block.The Vineyard of the SakerUS hits Search and Destroy against the New Silk RoadsPepe EscobarAnother reason to ramp up military spending?“America will soon have a government that treats the climate crisis as the urgent national security threat it is.” — John KerryMint Press NewsJohn Kerry’s Think Tank Calls for War With Russia Over Climate ChangeAlan Macleod

Even the limited amount of available data suggests that Chinese military companies' share on the global arms market is second only to that of their American rivals....China displaces Russia as #2? Sputnik InternationalChinese Defence Industry Reportedly Became World's Second Largest in 2019See alsoLacks drones.SouthFrontRussia Is Not Ready For Next-Generation WarBut may already be filling that gap.Zero HedgeNew Russian Suicide Drones Reportedly Battle-Tested Inside SyriaVia...

Matt Taibbi takes a look at Robinhood.What happened to qualifying your customer?TK News at SubstackPandemic Villains: RobinhoodMatt Taibbi RelatedUpfinaSmall Traders Are Euphoric Beyond Anything BeforeeconintersectMargin Debt Confirms Market ExuberanceLance Roberts, Clarity Financial

Get in a big macro trend, build a position and hold for the long term. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman

Inflation may be about to pick up and these assets will benefit. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman

Record gov't transfers to the economy are keeping corporate profits supported and the market with it. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman

Price is determined by basic conditions and fundamentals. Not the other way around. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman

Price is determined by basic conditions and the fundamentals, not the other way around. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman

Current reality for the dollar is bearish. Rising fiscal expansion and trade deficit. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman