2014 was a year upon which many will have good reason to look back in contemplation, and to consider the many complicated strands of historical, political and economic forces that came to bear on our daily lives. But this is an article about some frozen water hanging off some stuff. Show More Summary
The We Are In The White House Negro: Looks Past The Continuation of AMERICAN HEGEMONIC POWER Today Looks Past The American Military Interactions Against "Nations Of Color" Has Been Disarmed About His Previous Claims Of "CULTURAL IMPERIALISM"...Show More Summary
Russian President Vladimir Putin has cancelled New Year’s holidays for government ministers because of the country’s unfolding economic crisis. During a televised government meeting on December 25, Putin said cabinet ministers “can’t afford” to take time off work. Employees in Russia are entitled to a holiday from January 1 to January 12 when Russians celebrate […]
Close on the heels of announcing Ultra Mega Solar Power projects of 21,000 MW, The Cabinet Committee on Economic Affairs (India) has approved another scheme for installation of 1,000 MW of grid-connected solar power projects by Public Sector Undertakings (PSU) and government organisations. Show More Summary
Global Aging: More Headwinds for U.S. Stocks? Zheng Liu, Mark M. Spiegel, and Bing Wang FRBSF Economic Letter, December 22, 2014 The retirement of the baby boomers is expected to severely cut U.S. stock values in the near future. Since population aging is widespread across the world’s largest countries, this raises the question...Read More
Submitted by Dave Fairtex via Peak Prosperity.com, For years, we've been warning here at PeakProsperity.com that the economics of the US 'shale revolution' were suspect. Namely, that they've only been made possible by the new era of 'expensive' oil (an average oil price of between $80-$100 per barrel). Show More Summary
Back in 2012, Paul Krugman did a post praising the “New Economic Policy” in Latin America, which focused on reducing inequality. A few weeks later he singled out Argentina and Brazil for special praise: Just to be clear, I think Brazil is going pretty well, and has had good leadership. But why exactly is Brazil […]
Historically, the periods during and immediately after economic downturns have been harder on blacks. But the trend this time has been more extreme.
Eight of the fastest growing states are in the South or West, according to the latest U.S. census data, and five of those growing are Sun Belt states as the nation continues its political, economic and social redistribution.
Director J. Searle Dawley’s silent film adaptation of Charles Dickens’ A Christmas Carol is as economical — it delivers the story of Ebenezer Scrooge’s journey to redemption in a brisk 10 minutes — as it is underrated. Chris Scott Edwards makes the case that...
The MBA reports that mortgage applications rose 0.9% last week, with purchases and refis both up 1.0%. Initial weekly jobless claims fell 9,000 to 280,000. The 4-week average fell 8,500 to 290,250. Continuing claims rose 25,000 to 2.403 million. The Bloomberg Consumer Comfort Index rose 1.4 points to 43.1 in the latest week, the highest reading […]
Here is a review of the Ten Economic Questions for 2014.There are always many questions for the new year. There are international economic issues with Russia in recession, Europe struggling and China slowing. There are always problems...Show More Summary
John Pencavel, "The Productivity of Working Hours" forthcoming in The Economic Journal. (Online version, before publication in an issue, is now available for those with subscription or library access)ABSTRACT: Observations on munition workers, most of them women, are organised to examine the relationship between their output and their working hours. Show More Summary
Many of us are familiar with a level of maturity in online marketing nowadays, one that requires a far more comprehensive approach than the individual sum of its parts. Tangibility of any marketing practices has become forefront, and...Show More Summary
The latest Hunger Games film, Mockingjay — Part 1, is a Hollywood blockbuster aimed at young adults. But it presents potentially subversive ideas of mass revolution, economic sabotage and the populist fight against oligarchy. These themes...Show More Summary
In an economic recovery weighed down by subdued income growth for most Americans, a Kansas City Fed paper suggests those who are moving on to new jobs are better able to negotiate pay increases.
Submitted by Andrew Topf via OilPrice.com, The oil price drop that has dominated the headlines in recent weeks has been framed almost exclusively in terms of oil market economics, with most media outlets blaming Saudi Arabia, through...Show More Summary
The US economy grew at a 5 percent annual rate in Q3 2014, the fastest rate of the recovery, according to the third estimate released yesterday by the Bureau of Economic Analysis. That is an upward revision from the 3.9 percent of the second estimate. Show More Summary