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'No, Mainstream Economists Did Not Just Reject Thomas Piketty’s Big Theory'

Jordan Weissmann asks Piketty about the IGM poll: No, Mainstream Economists Did Not Just Reject Thomas Piketty’s Big Theory, by Jordan Weissmann:...the University of Chicago’s Initiative on Global Markets... asked economists whether they agreed or disagreed with the...

Should chicken processors be allowed to self-police?

Critics fear that handing over regulation to poulty processors is a potential threat to public health

A Burning Issue for Indonesia’s New Jokowi Administration

On Monday October 20, Joko Widodo (“Jokowi”) was inaugurated as president of Indonesia. As I wrote at the time of the election in July, Indonesia’s deforestation rate—now the world’s highest—and its oversized effect on global climate emissions are among the burning issues pressing for the attention of the new administration. Show More Summary

Comments on September New Home Sales

The new home sales report for September was slightly above expectations at 467 thousand on a seasonally adjusted annual rate basis (SAAR). With the downward revision to August sales, sales for September were at the the highest sales rate since July 2008.Sales for the previous three months (June, July and August) were revised down. Show More Summary

New-Home Sales Rose Last Month. Or Maybe They Fell. We Don’t Really Know.

If you saw a public-opinion poll that had a 15.7% margin of error, you probably wouldn’t take it too seriously. By that standard, Friday’s report on U.S. new-home sales isn’t worth much – at least on a month-to-month basis.

Sales of New Homes Worse Than Most Years in 1980s, 1990s

Home sales rose to their highest annual pace in September in six years, but the new-home market is still depressed by historical standards.

Procter & Gamble taking out its batteries

Consumer products giant, which acquired Duracell in 2005, has been trimming its product lineup to focus on its top performers

Guest Contribution: Is the US Current Account Deficit Problem Over?

Today we are fortunate to have a guest contribution written by Jeffrey Frankel, Harpel Professor of Capital Formation and Growth at Harvard University, and former Member of the Council of Economic Advisers, 1997-99. The latest World Economic Outlook, released this month by the International Monetary Fund, warns that even though global “flow imbalances” are lower […]

New-home sales close to flat in September

Pace of sales for newly built homes has improved a mere 1.7 percent so far this year compared to 2013

Big banana merger hits a roadblock

A combination of Chiquita Brands International Inc. and Fyffes would have created the world's largest banana supplier

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