Why more isn't being done on the climate change mitigation front.
The ability to compare prices openly and easily is widely thought to foster competitiveness, but mandatory disclosure of pricing information can also facilitate collusion between sellers. This column uses evidence from before and after...Show More Summary
More than a decade ago, Dan Russell, a researcher at IBM, won fleeting attention for his email signature: “Join the slow email movement! Read your mail just twice each day. Recapture your life’s time and relearn to dream.” That was quixotic even then. While some people are slow to respond to email, most of us […]
A gold bull market is underway. We predict gold prices will hit $1,500 by the end of 2018 and could surge more than 300% by 2020. That's why, today, we'll show you our best gold stock to buy in 2018. The post The Best Gold Stock to Buy in 2018 Is 2.6X More Profitable Than Gold was originally published at The Wall Street Examiner. Follow the money!
As (some) White House-linked (or favouring) economists lament the Fed's QE (and there are reasons to lament it), one thing is clear: the unprecedented monetary policies of the recent years have achieved two things:The Fed QE has fuelled...Show More Summary
Yes, the stock market is on a roll with the Dow recently piercing the 26,000 mark. And the S&P500 index has pierced the 2,800 mark. The post Cape Fear? S&P Peak PEG ratio At All-time High, Shiller CAPE Ratio At Second All-time High As Dow Pierces 26K Mark was originally published at The Wall Street Examiner. Follow the money!
In case you’re worked up about the looming federal government shut-down, this is exactly how we’re supposed to roll in the long emergency: everything organized at the gigantic scale is going to wobble and fail. It’s nature’s way of more » The post Fever Pitch was originally published at The Wall Street Examiner. Follow the money!
From housing economist Tom Lawler:Based on publicly-available state and local realtor/MLS reports from across the country released through today, I predict that US existing home sales as estimated by the National Association of Realtors...Show More Summary
By Lambert Strether of Corrente. Patient readers, this is a bit light. I’ll add some more material in a bit. –lambert Politics 2020 “Cory Booker Is Laying It on a Bit Thick” [Slate (Re Silc)], 2018 “Democrats Openly Back Establishment Candidates for 2018 Primaries” [Real News Network]. Shocker! “Are Democrats’ Senate Chances In 2018 Overrated?” […]
(January 19, 2018 04:04 PM, by David Henderson) They might be. Veronique de Rugy of the Mercatus Center has an excellent piece at Reason on the connection, if any, between the recent cut in the corporate income tax rates and the spate of bonuses, pay increases, and increases... (0 COMMENTS)
Puerto Rico's recovery: Grid materiel, the exodus and cheap labor, the relief loan, and oddly trivial disaster capitalism.
In previous shutdowns, Government data from the BLS, BEA and Census Bureau were delayed. Data from the Federal Reserve was released on time.As an example, if the government shuts down, I expect New Home sales, durable goods and Q4 GDP to all be delayed next week. Show More Summary
If you believe that the IS curve slopes up, then what the Bank of Canada says about "monetary policy accommodation" makes sense. If you believe the IS curve slopes down, like in the textbooks, then it doesn't make sense. This...
SEC staff letter raises detailed concerns about offering products based on bitcoin or other cryptocurrencies to retail investors.
A few excerpts from an article by Merrill Lynch economist Joseph Song: Are the stars aligning for wage growth? One of the puzzles and disappointments of 2017 was the lack of better wage growth. Average hourly earnings started the year...Show More Summary
Our current socio-economic system is nothing but the application of force on the many to enforce the skims, scams and privileges of the self-serving few.I've placed the word capitalism in quotation marks to reflect the reality that this word... The post It’s Time to Retire "Capitalism" was originally published at The Wall Street Examiner. Follow the money!
(January 19, 2018 09:25 AM, by Bryan Caplan) Here's the speech I delivered at my in-laws 50th anniversary party a couple of weeks ago. It's anecdotal, but I think social science fans will enjoy it. On New Year's Day, 1968, a young couple married in Bucharest, Romania. Their... (0 COMMENTS)
In all the reaction to Carillion’s collapse and the NAO’s report on PFI, one important perspective has for me been under-stated – that of transactions cost economics. Let’s start with an important distinction – between private finance and private provision....
Distrust of the government's intentions toward noncitizens may be hard to overcome, research suggests, and political developments have increased levels of distrust.