Mike Norman Economics

Supplementing with 800iu of Vitamin D everyday reduces the risk of getting cancer by 16%.It's a very long medical article.https://www.bmj.com/content/366/bmj.l4673

 The FT's global China editor James Kynge says for all Donald Trump's rhetoric about how tariffs are working, the numbers show that China's trade surplus with the US is widening. China has the upper hand.  Contains video.  https://www.ft.com/video/74311d7d-d602-4181-a276-5e22f48267d2

Cost of manufacturing insulin ??: $6.00 Cost of manufacturing insulin??: $6.00 Cost of a vial of insulin in the US: Around $340 Cost of a vial of insulin in Canada: Around $30 'The free market drives down prices!' 'Greatest country in the world!' For who? Big pharma execs? ?

Max Blumenthal looks into the shady practices on the National Endowment for Democracy. They claim to be pro-democracy, but their aim is to install right-wing governments around the world. In this Grayzone special, Max Blumenthal attends a Capitol Hill gathering of the National Endowment for Democracy (NED) and explores the group's destabilizing global campaign to meddle in other countries' affairs. The report covers the NED's interference in foreign elections in Russia and Mongolia, its...

EconbrowserTerm Spreads Plumb New Depths as Long Yield Drops Menzie Chinn | Professor of Public Affairs and Economics, Robert M. La Follette School of Public Affairs, University of Wisconsin–Madison, co-editor of the Journal of International Money and Finance, and a Research Associate of the National Bureau of Economic Research International Finance and Macroeconomics

Recession?

The Federal Reserve's monetary policies have exacerbated the wealth gap, making the central bank a vulnerable target for Trump. He’s taking full advantage... Fed-bashing has become politically popular. Kind of like criticizing the IRS. Bank Think — The American BankerWhy President Trump has the Fed on the ropesKaren Shaw Petrou

History suggests that a global superpower in relative decline should aim for a soft landing, so that it still has a comfortable place in the world once its dominance fades. By contrast, US President Donald Trump's incoherent, confrontational approach toward China could seriously damage America’s long-term interests.... In my view, there are two major or core factors not usually mentioned that need to be considered along with the many others, central and peripheral. The first is that the...

US President Donald Trump wants to compress the United States trade deficit and enhance the competitiveness of domestic manufacturers by using tariffs to raise the price of imported goods. And the fixed exchange rates he needs to achieve that goal are the real reason behind his nomination of Judy Shelton to the Federal Reserve Board....  Project SyndicateTrump’s Cross of Gold Barry Eichengreen | Professor of Economics at the University of California, Berkeley, and a former senior policy...

Unfortunately, while there is growing sympathy with the progressive goals themselves, the advocates of those goals still don’t have a convincing explanation or formula for how the federal government will pay for it all. The best they can come up with is that we’ll increase taxes on the super-wealthy and the big corporations—or that it’s simply unacceptable, conceptually, that the world’s richest democracy cannot manage to achieve these goals for a healthy society. So long as these are the...