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Imagine A Mars Boom

Most who think they like the future really just like where their favorite stories took place. As a result, much future talk focuses on space, even though prospects for much activity beyond Earth anytime foreseeable seem dim. Even so, consider the … Continue reading ?

Benefits and costs of free trade (off-topic)

We might be going off-topic a heck of a lot during the next four years: While the costs of free trade tend to be concentrated, benefits like lower prices for imported goods are spread very broadly, making them less obvious. In an interview on Fox News on Sunday, Newt Gingrich,...

New Economy normal: working part time, unwillingly

Some 6.4 million Americans want full-time jobs but can’t find them, reflecting a shifting labor market since recession's end

China says U.S. shouldn’t block its acquisitions

The plea comes after President Obama stopped a Chinese chipmaker from buying a German tech company with a U.S. unit

Charity Can't Replace the Safety Net. This New Study Is a Reminder Why.

There are lots of reasons why private philantrhopy can't replace the government safety net, but one of the most fundamental is that people tend to stop giving to charity right when the poor need it most. Total donations plunged in the U.S. Show More Summary

Can't buy love? Sex drugs cost too much for some

Prescription medications like Viagra, Cialis, and Addyi can cost up to hundreds of dollars a month

The Dumbest Thing Batman Ever Said

(December 5, 2016 02:35 PM, by Bryan Caplan) Batman v. Superman: The Dawn of Justice isn't a great movie, but it does have one great teaching moment. Batman is trying to get his hands on some Kryptonite. Faithful butler Alfred wants to know why. Batman's rationale:Batman: He [Superman]... (0 COMMENTS)

2:00PM Water Cooler 12/5/2016

Today's Water Cooler: EU data regulations, Democrat bargaining, post-truth, Times cashes in, GDP, rail, housing, gold, the 420, tardigrades

Will There Be a Stock Market Correction in 2017?

Investors are anxious about a stock market correction after all three major indexes closed at record highs last month. The post Will There Be a Stock Market Correction in 2017? was originally published at The Wall Street Examiner. Follow the money!

Larry Summers Is Clueless Again—-Slams Carrier Deal For Wrong Reasons

Professor Larry Summers has been harrumphing noisily because the Donald saved 1,100 jobs at the Indiana Carrier plant. According to Summers, the President-elect's intervention was bad because it violated "rules-based capitalism" andShow More Summary

This Chart Shows Why the Fed Will Be Tightening Monetary Policy Soon

Will policymakers at the Fed raise interest rates at their December meeting? Wall Street oddsmakers increasingly think they will. One simple chart shows why.The chart tracks the economy’s progress toward the central bank’s target ofShow More Summary

Don’t Bet on a GoPro Stock Rebound

GoPro stock enjoyed a brief rally last week following strong Black Friday sales. But don't bet on a sustainable GoPro stock rebound. The post Don’t Bet on a GoPro Stock Rebound was originally published at The Wall Street Examiner. Follow the money!

Did Italy Just Kill the European Union?

Don’t get hung up on not having all of the answers right now. It’s exciting to watch the system take an enema. The post Did Italy Just Kill the European Union? was originally published at The Wall Street Examiner. Follow the money!

Paul Krugman: The Art of the Scam

Republicans have promised to repeal Obamacare, but they haven't told us what their replacement would look like. Why not?: The Art of the Scam, by Paul Krugman, NY Times:...While many Americans say they disapprove of Obamacare, large majorities approve...

Nationalism is in the air

I see lots of obscure foreign films that most people don’t watch.  I recall one B&W film from the 1960s, which took place in Uzbekistan.  I was struck by the “1960s feel” of the film.  It could have been French.  Then it hit me that the 1960s were everywhere, even places that you might have […]

2017 Housing Forecasts

Towards the end of each year I collect some housing forecasts for the following year. It looks like analysts are optimistic on New Home sales for 2017.First a review of the previous four years...Here is a summary of forecasts for 2016. Show More Summary

The 'Carrier' of Cronyism

I have a new column: The 'Carrier' of Crony Capitalism Is Evident in Trump’s Deal: When I first started teaching economics, one day a student came to my office to argue about how a multiple test question was graded. He...

Trump threatens job-exporting U.S. companies, and other MoneyWatch headlines

President-elect issues warning to manufacturers that ship jobs abroad; Trump uses Twitter to blast China's economic policies; and Obama admin blocks Dakota Access pipeline. These headlines and more from CBS MoneyWatch.

Here’s Why the Stock Market is Driving You Crazy Right Now

The market’s ripping higher… But the strongest stocks aren’t the names most investors were watching just a few short weeks ago. The post Here’s Why the Stock Market is Driving You Crazy Right Now was originally published at The Wall Street Examiner. Follow the money!

Trump, The Fed and Systemic Risk

The most decisive factor in the implementation of the Trump economic plan is the reaction of the Federal Reserve. While a Fed rate hike in December is a certainty, the path of rates in 2017 following the December hike will be dispositive...Show More Summary

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