Jennifer Burns of Stanford University and the Hoover Institution talks with EconTalk host Russ Roberts about her biography of Ayn Rand, Goddess of the Market. They discuss Rand's philosophy, her influence, her relationship with the conservative...Show More Summary
But the yield spread collapses to lowest since early in the Financial Crisis. Even the Fed is worried.
More and more experts are nattering nervously about market risk and occasionally using the "crisis" word. What are the potential hazards?
Some of the measures Facebook has taken to fight the influence of fake news may not work all that well, research suggests.
Must-Reads: Paul Krugman: [Some Misleading Geometry on Corporate Taxes (Wonkish)](https://krugman.blogs.nytimes.com/2017/10/21/some-misleading-geometry-on-corporate-taxes-wonkish/): "There’s a fairly simple geometric way to see where the optimistic view that cutting corporate taxes is great for wages comes from... Show More Summary
Economists have tended to focus on the role of taxation in accounting for the wide variation in average hours worked across OECD countries. This column argues that the differences are driven by women, particularly women without a college degree. Show More Summary
Business cycle stabilisation policy in the Eurozone may end up being far from optimal if member states must tighten fiscal policy amid weak economic activity while monetary policy is constrained by the lower bound on nominal interest rates. Show More Summary
Examples of the interaction of religious influence and economic performance have occurred throughout history, most notable Weber’s argument of the ‘Protestant ethic’. This column uses an earlier example, of the Cistercian Catholic Order, to show that religious values did influence productivity and economic performance in England and across Europe. Show More Summary
Weekend:• Schedule for Week of Oct 22, 2017Monday:• At 8:30 AM ET, Chicago Fed National Activity Index for September. This is a composite index of other data.From CNBC: Pre-Market Data and Bloomberg futures: S&P 500 future are up 3 and...Show More Summary
(October 22, 2017 06:40 PM, by David Henderson) This coming Thursday, October 26, I will be speaking at the Free Market Institute at Texas Tech University. Topic: How Economists Helped End the Military Draft Date: October 26 Time: 5:30 to 6:30 p.m. Place: Grand Auditorium (CR 105) Jerry... (0 COMMENTS)
(October 22, 2017 02:12 PM, by David Henderson) Garrett M. Petersen, aka the "Economics Detective," interviewed me a few weeks ago about the post-World War II German economic miracle. I had written about it in "German Economic Miracle" in The Concise Encyclopedia of Economics. Garrett, a Ph.D. student... (0 COMMENTS)
The largest corporations and richest people in America – who donated billions of dollars to...
From HotelNewsNow.com: STR: US hotel results for week ending 14 OctoberThe U.S. hotel industry reported positive year-over-year results in the three key performance metrics during the week of 8-14 October 2017, according to data from...Show More Summary
Spain's prime minister Rajoy has set in motion a takeover of the government in Catalonia. What might happen next?
Oleg Deripaska, Russia’s aluminium oligarch, has lost his campaign to stop negative press reporting of his business conduct
Just after Austria, the Czech Republic too has swung decisively in the direction of embracing populism as Populist billionaire's Eurosceptic party wins big in Czech Republic The post Prague Pages Brussels… Following Vienna was originally published at The Wall Street Examiner. Follow the money!
The National Association of Realtors (NAR) reported today that sales of existing homes (resales) were up slightly in September 2017 on a monthly basis. At a seasonally-adjusted annual rate of 5.39 million last month, that was practically unchanged from the 5.35 million estimate for August that was the lowest in a year. Show More Summary
It amuses me that the nation is so caught up in the sexual mischief of a single Hollywood producer when the nation as a whole is getting fucked sideways and upside down by its own political caretakers. The post Into the Cold and Dark was originally published at The Wall Street Examiner. Follow the money!