Many things are taking place:
Why we need to make economics great again
O ne of the most interesting conversations I had during 2019 was with Esther Duflo – the current Nobel laureate in economics.
Duflo is just the second woman ever to win the world's premier economics prize – and at 47 is also the youngest.
"Academic economists have sat out too many conversations for too long," Duflo told me. "They've painted themselves into a corner of irrelevance."
Nine states face economic contraction, the most since 2009 crisis - Los Angeles Times
Nine states' economies are expected to slide into contraction within six months — the most since the financial crisis ended more than a decade ago, according to the latest projections from the Federal Reserve Bank of Philadelphia.
Delaware, Montana and Oklahoma are still expected to face shrinking economies in the next six months, as predicted in the analysis for the prior month. The list of states was expanded to include contractions on the horizon for Vermont, New Jersey, Kentucky and Connecticut. The bank no longer expects Alaska to post negative growth.
Influenza B leading the charge in 2020 flu season | Medical Economics
The flu season is officially underway and, while an unexpected virus is taking center stage, treatments have been a good match so far for this year's circulating viruses.
"Nationally, flu activity has been elevated … and continues to increase; this represents somewhat of an early start to the U.S. flu season," said Scott Pauley, a press officer for CDC. "Flu activity is currently being caused mostly by influenza B/Victoria viruses, followed by H1N1 viruses and H3N2 viruses. It is unusual for there to be this much influenza B activity at this time of year."
This may worth something:
What can Britain today learn from Walter Bagehot? - The Economist asks: Bagehot on Bagehot
WHAT CAN Britain today learn from Walter Bagehot? He was The Economist 's greatest editor who mixed with the cream of British society in the 19th century. The Economist 's current Bagehot columnist, Adrian Wooldridge, talks to James Grant, financial journalist and biographer of Bagehot, about Bagehot's prose, politics and lasting influence. Runtime: 22 min
The Puzzling Economic Impact of Transformative Technologies - CIO Journal. - WSJ
As we've learned over the past two centuries, there's generally been a significant lag between the broad acceptance of a major new transformative technology and its impact on companies, governments and other institutions. It can take decades for new technologies and business models to be embraced across economies and societies and for their full benefits to be realized.
" The Productivity J-Curve ," a working paper published by the National Bureau of Economic Research, seeks to explain the lag affecting so-called general-purpose technologies—think the steam engine, electricity, or the internet—capable of rewriting the global economy.
Blackboard economics and a carbon tax | Utility Dive
The following is a contributed article by Kenneth W. Costello, a regulatory economist and independent consultant who has worked for the National Regulatory Research Institute, the Illinois Commerce Commission, Argonne National Laboratory and Commonwealth Edison.
A carbon tax has special appeal to economists of different stripes, who support it largely on theoretical grounds. For example, over 3,500 economists from both sides of the political spectrum, including 27 Nobel Laureates, four former chairs of the Federal Reserve and almost all former chairs of the Council of Economic Advisers, have signed the "Economists' Statement on Carbon Dividends" advocating a carbon tax.
Trump remade Republican economic policy, lifting the stock market and planning for 2020 campaign
President Trump shattered Republican orthodoxy on an extraordinary range of economic policies in 2019, setting up a more populist record for him to tout during a 2020 campaign in which Democrats already are accusing him of abandoning working people.
Trump has still pursued cuts to government spending that pinch poorer Americans — tightening rules on food stamps and allowing states to reduce Medicaid enrollment, for instance — that have fueled constant Democratic accusations he has betrayed voters.
No comments:
Post a Comment