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Guest Contribution: “Games Countries Play”

Today we 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. This post is an extended version of a column that appeared in Project Syndicate. Calls for International coordination of macroeconomic policy are back, after a […]


(November 27, 2015 03:19 PM, by David Henderson) In my Executive MBA economics class a little over a week ago, I presented the following definition of a negative externality: A cost borne by someone who is not party to the decision that caused the cost. Then I asked... (0 COMMENTS)

Thin Crowds, Subdued Shopping on Black and Blue Friday; Thanksgiving Shopping a Bust

Retailers, especially big-box retailers will be blue if light shopping carries over for the rest of the season. The Wall Street Journal reports Thinner Crowds on Black Friday. Millions of Americans left their Thanksgiving meals to hit...Show More Summary

Millions expected at stores in battle for holiday bargains

Black Friday shopping gets started early again with annual infamous in-store frenzies

Warm weather chills sales of coats, heavy sweaters

Shopping experts predict major discounts on retailers' growing stockpiles of coats and sweaters

Sheryl Sandberg writes about losing husband, gratitude

The "Lean In" author says she knows now that she has a lot in life to be thankful for

For Yahoo CEO Marissa Mayer, the clock is ticking

Stock is down 35 percent this year as chief exec's efforts to turn around aging Internet giant fail to produce results

Vehicle Sales Forecast for November: Over 18 Million Annual Rate Again?

The automakers will report November vehicle sales on Tuesday, December 1st. Sales in October were at 18.1 million on a seasonally adjusted annual rate basis (SAAR), and it possible sales in October will be over 18 million SAAR again.Note: There were 23 selling days in November, down from 25 in November 2014. Show More Summary

Gold Breaks, Sets New Long Term Cycle Projections

If this morning’s break of yet another “Last Line In The Sand” support level sticks, gold will have validated the latest long term cycle projections. They are not pretty. Click here to download complete report in pdf format (Professional Edition Subscribers). Show More Summary

How Much Higher Could The U.S. Dollar Go?

A move above current levels in the US Dollar Index would cause tremendous pain for many participants. The post How Much Higher Could The U.S. Dollar Go? was originally published at The Wall Street Examiner. Follow the money!

CNET lists top tech deals, stunts for Cyber Monday

Black Friday is just part of the holiday bargain hunt, so how can you find the best deals on electronics and just about anything else?

Focus group ranks new holiday commercials

It’s not always the hottest bargains that attract shoppers

Debating Introductory Econ

Noah Smith takes the standard course to task. David Henderson says, not so fast.

Nearly 100 million shoppers expected on Black Friday

For some, the battle of bargains started Thanksgiving afternoon

All is not over for brick-and-mortar retailers

E-commerce players are increasingly encroaching on traditional merchants' turf -- are physical stores doomed?

3 things a home inspection may not reveal

A professional home inspection is crucial when purchasing real estate, but buyers should know that it doesn't detect every problem

Paul Krugman: Europe the Unready

A less than perfect union: Europe the Unready, by Paul Krugman, Commentary, NY Times: Thanksgiving as we know it dates not to colonial days but to the middle of the Civil War, when Abraham Lincoln made it a federal holiday....

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