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The Dismal Science

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Martin Jacques: Understanding the rise of China. Summary of findings from the evaluation of a pilot medically supervised safer injecting facility.

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Game Theory. My University Smartification. The Arena for Accountable Predictions - Long Bets. Why Are So Many Economists So Unable to Help With the Ongoing Economic Crisis? ©iStockphotocom/Jirsak Economists can be a frustrating breed. We seem to have a special, secret set of insights about one of the most important sets of public policy topics facing the country and the world. We promise to bring theory and empiricism together to help show politicians and the public how to make better decisions. Yet we never seem to fulfill that promise. We appear to bicker endlessly, and we were famously unable to predict the financial crisis that led to the Great Recession and the cruel pain of the ongoing, excruciatingly slow recovery.

Ticket to the top. Are you mad?

Ticket to the top

Don't consider anything else! Home Page. How the Stock Market and Economy Really Work - Kel Kelly. "A growing economy consists of prices falling, not rising.

How the Stock Market and Economy Really Work - Kel Kelly

" The stock market does not work the way most people think. A commonly held belief — on Main Street as well as on Wall Street — is that a stock-market boom is the reflection of a progressing economy: as the economy improves, companies make more money, and their stock value rises in accordance with the increase in their intrinsic value.

A major assumption underlying this belief is that consumer confidence and consequent consumer spending are drivers of economic growth. A stock-market bust, on the other hand, is held to result from a drop in consumer and business confidence and spending — due to inflation, rising oil prices, high interest rates, etc., or for no reason at all — that leads to declining business profits and rising unemployment. The Fundamental Source of All Rising Prices For perspective, let's put stock prices aside for a moment and make sure first to understand how aggregate consumer prices rise. Financial Aftershocks With Precedent in History – NYTimes.com « Ye Olde Soapbox.

Aftershock to Economy Has a Precedent That Holds Lessons Associated Press Works Progress Administration workers in 1937.

Financial Aftershocks With Precedent in History – NYTimes.com « Ye Olde Soapbox

Premature tightening of monetary policy after the Depression was blamed for the recession that followed it. South-Western: The Economics Degree. What Is Economics? Let's start with what economics isn't. Economics isn't a meal ticket to make lots of money in the stock market, although economics helps you understand how stock markets and other markets work. Economics also isn't a business degree, although economics teaches important business skills.

Best Undergrad College Degrees By Salary. Methodology This chart is based upon PayScale Salary Survey data for full-time employees in the United States who possess a bachelor's degree and no higher degrees and have majored in the subjects listed above.

Best Undergrad College Degrees By Salary

These results may not represent all graduates with these degrees. More than 1,000 colleges and universities across the U.S. were included. As a result, median salary figures may be skewed toward large state universities, since these schools have the largest attendance. Salary is the sum of compensation from base salary, bonuses, profit sharing, commissions, and overtime, if applicable. Harold Innis. Harold Adams Innis (/ˈɪnɪs/; November 5, 1894 – November 8, 1952) was a Canadian professor of political economy at the University of Toronto and the author of seminal works on media, communication theory and Canadian economic history. The affiliated Innis College at the University of Toronto is named for him. Despite his dense and difficult prose, many scholars consider Innis one of Canada's most original thinkers.

He helped develop the staples thesis, which holds that Canada's culture, political history and economy have been decisively influenced by the exploitation and export of a series of "staples" such as fur, fish, wood, wheat, mined metals and fossil fuels.[1] Innis laid the basis for scholarship that looked at the social sciences from a distinctly Canadian point of view.

Innis also tried to defend universities from political and economic pressures. Rural roots[edit] Early life[edit] The one-room schoolhouse in Otterville, officially known as S.S.#1 South Norwich. EconGuru Economics Guide. Famous Economics Majors. Careers. What careers follow the economics baccalaureate?

Careers

Economics majors are successful in a wide variety of careers. Although various roles in businesses are most common, economics majors are successful in law, medicine, government, non-profits, and international relations, as well as in academic roles. Career Earnings One way to think about career opportunities is to consider the level of earnings typically found with different levels and kinds of education in different careers. The Corporate World & the MBA Most economics majors pursue employment in the private sector. Graduates in economics succeed in many occupations. Economic Consulting Some economists with BA degrees find employment as research associates with economic consulting firms. Law and Other Professions Law school is also a common destination for recent graduates in economics. Government and Not-for-profits Some students enter government service or choose jobs with non-profit entities. Career Earnings Source: How good is an economics degree.

Richard Worzel - Canada's Leading Futurist - Best-Selling Author - Chartered Financial Analyst. Visualizing Economics. Impressions on economics and being an economist. Why Become An Economist? U of S: Prospective Students. Why am I Studying Economics? Marginal Revolution — Small steps toward a much better world.