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Potential Biases of Ride-Sharing Drivers

From the NBER Digest: Potential Biases of Ride-Sharing Drivers: The advent of the ride-sharing industry is rapidly changing the marketplace for transportation. New services are crowding the traditional taxi industry, which is subject to an array of local regulations, including...

What the Davos Crowd Needs to Understand

Me, at MoneyWatch with what turns into a mini-rant towards the end: What the Davos crowd needs to understand: One of the themes of this year’s World Economic Forum in Davos this year is “Preparing for the Fourth Industrial Revolution.”...

Treasury Secretary nominee faces grilling by lawmakers, and other MoneyWatch headlines

Steve Mnuchin faces Senate confirmation hearing; most Americans think U.S. will pay for Mexican border wall; and Mark Zuckerberg sues to protect Hawaii estate. These headlines and more from CBS MoneyWatch.

We need a better word than 'anomaly' to describe rising temperatures: WTF?

At times scientists can be their own worse enemy. In an attempt to be accurate, scientists sometimes forget the most basic rule of communicating: know your audience. In the case of explaining climate change, and in particular, explaining rising global temperatures, scientists have chosen to use the phrase 'global average...

A flood of false headlines probably did not swing America’s election

DONALD TRUMP often presents himself as the great enemy of fake news. He has a pronounced tendency to accuse his opponents of peddling it. But some suspect it helped to deliver him the White House.

App alerts investors when Trump tweets about businesses

Mr. Trump has the potential to move markets with his tweets, but companies may also benefit by getting on his radar

AD/AS: a suggested interpretation

Many macroeconomists don't like the Aggregate Demand/Aggregate Supply framework often used in Introductory macro textbooks. Maybe that's because it isn't explained properly. So I am going to explain it my way. If you explain the AD/AS framework my way, you...

Philly Fed: Manufacturing Activity Continued to Improve in January

Earlier from the Philly Fed: Manufacturing Activity Continued to Improve in JanuaryEconomic conditions continued to improve in January, according to the firms responding to this month’s Manufacturing Business Outlook Survey. The indexes...Show More Summary

For the Weekend...

_[Anger is more useful than despair][]_: [Anger is more useful than despair]: https://www.youtube.com/watch?v=jeIy2MHZ0xE&ab_channel=KulOusemnes

Ending Too Big to Fail

Yves here. Remember the explosion of press coverage last year when incoming Minneapolis Fed member and former Goldmanite and Treasury official Neel Kashkari announced his intent to develop a plan to end the “too big to fail” problem. He not only was going to devote Minneapolis Fed researchers to his program, but solicited broad based […]

Env-Econ: Real or Fake News?

Apparently when it comes to Alternative Energy Blogs, we are the 9th ranked blog in the 'News' category.

Procrastinating on January 19, 2017

Over at [Equitable Growth](http://EquitableGrowth.org): Must- and Should-Reads: JEC: _[The Next New Macro][]_: "The seeds of disaster... lay... João Amador and Sónia Cabral: _[Networks of Value-Added Trade][]_: "Global Value Chains have become the paradigm... Equitable Growth: _[Third Annual Class of Grantees][]_ Bridget Ansel: _[Across developed countries, family...

There's a Hole in the Bucket, by Amy Willis

There has been a lot of talk lately about the idea of a basic income guarantee, or BIG, which has garnered support from across the ideological spectrum. In this week's EconTalk episode, host Russ Roberts welcomes back listener favorite Mike Munger, a supporter of the idea. Show More Summary

In praise of tribalism

Tribalism in politics isn’t always a bad thing. I’m prompted to say this by the fact that at least one decent Leaver thinks May’s Brexit strategy is wrong. Pete North calls it “unhinged lunacy” and a “clueless gamble.” Some of...

Russian businesses are looking forward to Trump

They’re hoping he'll ease economic sanctions and encourage more American investment in their country

Beijing launches an anti-smog blitz

A $2.7 billion clean-air effort vows to shut polluting factories and coal-fired power plants, and pull old cars off the roads

Weekly Initial Unemployment Claims decrease to 234,000

The DOL reported:In the week ending January 14, the advance figure for seasonally adjusted initial claims was 234,000, a decrease of 15,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 247,000 to 249,000. Show More Summary

Housing Starts increased to 1.226 Million Annual Rate in December

From the Census Bureau: Permits, Starts and CompletionsHousing Starts:Privately-owned housing starts in December were at a seasonally adjusted annual rate of 1,226,000. This is 11.3 percent above the revised November rate of 1,102,000...Show More Summary

Chinese hoax? Fake news?

This is on the front page of today's NY Times: Global temperatures have continued to rise, making 2016 the hottest year on the historical record and the third consecutive record-breaking year, scientists say. Of the 17 hottest years ever recorded, 16 have now occurred since 2000. We're dreamers around here...

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