Estimated insurance coverage costs revised downward. Continue reading As Russia fosters heightened instability in the eastern portions of Ukraine , we should be considering what methods will impose maximum pain on Russian policymakers. Already, the Russian economy has taken a hit, even while in an already fragile state.  Continue reading The increase in vertical specialization in Asia has implications for the strength of linkages between the region’s economies, and the tendency to manage intra-regional exchange rates.
Vickrey, William. 1996. 15 Fatal Fallacies of Financial FundamentalismFifteen Fatal Fallacies of Financial Fundamentalism A Disquisition on Demand Side Economics William Vickrey October 5, 1996 Much of the conventional economic wisdom prevailing in financial circles, largely subscribed to as a basis for governmental policy, and widely accepted by the media and the public, is based on incomplete analysis, contrafactual assumptions, and false analogy.Debt to the Penny (Daily History Search Application)You are in: Individual | Institutional | > Government Home › Government › Reports › Public Debt Reports › Debt to the Penny Log in now Set up an account The Debt to the Penny and Who Holds ItChoosing a topic for your thesis - Department of EconomicsSome advice from the Master's committee at the Department of Economics. What can I write about? You can write about almost anything.
Lawrence SummersSome time ago speaking at the IMF, I joined others who have invoked the old idea of secular stagnation and raised the possibility that the American and global economies could not rely on normal market mechanisms to assure full employment and strong growth without sustained unconventional policy support. My concern rested on a number of considerations. First, even though financial repair had largely taken place four years ago, recovery since that time has only kept up with population growth and normal productivity growth in the United States, and has been worse elsewhere in the industrial world. Second, manifestly unsustainable bubbles and loosening of credit standards during the middle of the last decade, along with very easy money, were sufficient to drive only moderate economic growth. The implication of these considerations is that the presumption that runs through most policy discussion — that normal economic and policy conditions will return at some point — cannot be maintained.
Real Time EconomicsChina’s GDP growth fell in the first quarter to its slowest pace since September of 2012, slipping to 7.4% on-year growth from 7.7% the in the fourth quarter. The increase was slightly higher than economists’ expectations of a 7.3% gain. Authorities released other data that suggested continuing weakness, but not at a quickening pace.
The 1% are the very best destroyers of wealth the world has ever seenIf wealth was the inevitable result of hard work and enterprise, every woman in Africa would be a millionaire. The claims that the ultra-rich 1% make for themselves – that they are possessed of unique intelligence or creativity or drive – are examples of the self-attribution fallacy. This means crediting yourself with outcomes for which you weren't responsible.CSR ReportsCSR Reports feature and link to recently published, non-financial Corporate Social Responsibility and Sustainability reports. The CSR Reports page also lists any press releases associated with the publication of a given report. Reports are associated with an issuing CSRwire member. You can also search for reports via our search page.
Avoid Graduate School Hell! Select Your Advisor and Committee WiselyMany students think I write articles like these because I did not have a good advisor. In fact, I did. He was a tenured professor and well respected in my academic department. He wasn’t my best friend; my friend Elsie had fulfilled that role a long time ago.The Wealth ReportOne of the most famous and funny Monty Python skits is the “Four Yorkshiremen.” Four cigar-smoking, tux-wearing swells recount their childhood and try to top each other with stories of hardship. One says he used to live in a single room with 26 others.