Saturday , September 5 2026
Home / Mike Norman Economics / Trump’s “Liberation Day”: Another PR Gag, or Global Reorientation Turning Point? — Simplicius

Trump’s “Liberation Day”: Another PR Gag, or Global Reorientation Turning Point? — Simplicius

Summary:
I am a bit late with this. I have been jammed this week and just got to. It's an explanation of the Trump tariffs. It's the brain child of Stephen Miran, chair of the Council of Economic Advisors. Miran lays it out in  A User’s Guide to Restructuring the Global Trading System. Simplicius summarizes it briefly.Bill Mitchell deals with this from the MMT point of view in today's post, which I linked to earlier.Simplicius the ThinkerTrump's "Liberation Day": Another PR Gag, or Global Reorientation Turning Point?Simplicius

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

tom writes The best explanation of the Epstein saga: an Israeli asset who helped twist regional relations and the peace process against Palestine

tom writes Argentina’s labor reform: back to the past

tom writes Happy holidays and all the best in 2026 (…..and f**k Trump, Starmer, Netanyahu, and Milei…. and that’s the ultra-short list)

tom writes The environmental crisis is driven by class interest

 I am a bit late with this. I have been jammed this week and just got to. It's an explanation of the Trump tariffs. 

It's the brain child of Stephen Miran, chair of the Council of Economic Advisors. Miran lays it out in  A User’s Guide to Restructuring the Global Trading System. Simplicius summarizes it briefly.

Bill Mitchell deals with this from the MMT point of view in today's post, which I linked to earlier.

Simplicius the Thinker
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *