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American Voices: Study: Kids Perform Better When Schools Ban Cell Phones

3 days agoHumor : The Onion

According to a new study from the London School of Economics, kids attending schools that ban cell phones during the day scored 6 percent better on tests than peers at schools that let kids have phones with them. What do you think?

Abolishing Cash – The New Age Of Economic Totalitarianism

Submitted by Martin Armstrong via Armstrong Economics, Europe is moving full speed ahead to eliminate all cash. Instead of reforming and tackling the economic problems, government always seeks to maintain the same course of thinking that now leads us to the totalitarian approach coming from Brussels. Show More Summary

Would the Financial Crisis Have Happened If Women Ran Wall Street?

At the International Monetary Fund on Wednesday, Institute for New Economic Thinking hosted a conference on the health of the financial system in the aftermath of the Great Recession. The event brought together some of the

Elizabeth Warren’s Challenge to Hillary Clinton

I’m down in Washington, D.C., at the Institute for New Economic Thinking’s Finance & Society conference, at which, as I pointed out yesterday, all of the speakers are women. At the opening dinner last night, Senator Elizabeth Warren delivered a rousing condemnation of the big banks that, to me, at least, sounded suspiciously like a stump speech. Show More Summary

Dodd-Frank Rules Could Shave $895 Billion Off Economic Growth Over a Decade, Think Tank Says

The 2010 Dodd-Frank law could reduce U.S. economic output by nearly a trillion dollars over the next decade, according to new research by American Action Forum.

The Chinatown of the American South

When one thinks of American Chinatowns, they usually think of San Francisco and New York, but at one time the third largest Chinatown in the U.S. was in Louisiana. It’s story is an example of how economics and geopolitics shape the growth of ethnic enclaves. After the American Civil War ended legalized slavery in the U.S., Southern […]

"Too Big To Fail Is A License For Recklessness" America's Banking System Is A "Fragile House Of Cards"

Submitted by Lynn Parramore via The Institute for New Economic Thinking, Anat Admati teaches finance and economics at the Stanford Graduate School of Business and is co-author of The Bankers' New Clothes, a classic account of the problem of Too Big to Fail banks. Show More Summary

The Economics of Airport Projects: Denver’s See No Evil Approach

The new Denver airport hotel and related train station project are so far over budget that the project's independent watchdog is incurring a 137% cost overrun. Yet the airport doesn't think it's fair for an independent auditor to claim current projected costs (which could still rise) of $721 million off of a $500 million budget. Show More Summary

Where are the primary challengers in the state Assembly election?

Promoted by Rosi. What do you think, Blue Jersey? Everyone who's had an eye on the state's economic performance the past few years knows that New Jersey hasn't been doing well recently. As the United States climbs out of the recession, the Garden State is still stuck in neutral. Show More Summary

New Obama Report (Unwittingly) Shows Why Trade Deals Need Currency Manipulation Bans

U.S. leaders keep showing us that they remain “The Gang That Can’t Think Straight” when it comes to international economic policy.

New York has worst economic outlook in U.S.: report

last monthNews : NY Daily News

The American Legislative Exchange Council, a conservative-leaning think tank, blames the state’s high taxes.

Solar and storage to be dominant form of power, predicts US think tank

A US think tank believes the economics of solar PV plus batteries will mean it will become the dominant source of power for households across regions including Los Angeles, New York State and Hawaii by 2030. The scary thing is the economics are more compelling for Australia yet the Energy White Paper recommendations hark back to 2002.

This is How the Energy Industry Reacted to the Kyoto Protocol

This DeSmog UK epic history post describes how an economic think tank became a beacon of light around which the industries most affected by the new Kyoto Protocol met to discuss strategies to deal with the international agreement. The first time is tragedy – the second time is farce. Show More Summary

Jay Z's Streaming Music Service Makes No Economic Sense

Jay Z thinks he has found a solution to a problem that's vexed artists lately: How to make money off their songs. On Monday, the music tycoon unveiled a new streamin

The New Yorker on monetary policy

I recall the New Yorker used to advertise itself as “the best magazine in the world.”  I think it’s fair to say that this was not based on its economics reporting.  Gordon sent me the following: At the end of last year, when jobs and output both appeared to be growing strongly, members of the […]

Cecilia Nahon: Argentina vs the Vultures

This Institute of New Economic Thinking interview describes how Argentina's completed sovereign debt restructuring was derailed by vulture fund NML Capital in a reading of the original bonds' pari passu clause that was contrary to well-established practice. Show More Summary

Post-Crisis banking regulation: Evolution of economic thinking as it happened on Vox

This column introduces a new Vox eBook collecting some of the best Vox columns on financial regulations, starting with the fundamentals of financial regulations, moving on to bank capital and the Basel regulations, and finishing with the wider considerations of the regulatory agenda and the political dimension. Show More Summary

Pope Francis Rails Against 'Throwaway Culture' Of Globalization

3 months agoNews : Huffington Post

(Reuters) - Pope Francis launched a fresh attack on economic injustice on Saturday, condemning the "throwaway culture" of globalization and calling for new ways of thinking about poverty, welfare, employment and society. In a speechShow More Summary

The Surprising Restaurant Economics of Valentine’s Day

Caviar and truffles aren't as profitable as you'd think. Common wisdom among seasoned diners is that there are two times each year when you really don't want to find yourself in a restaurant: New Year's Eve, and Valentine's Day. Amateur...Show More Summary

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