A study by the Minnesota Department of Transportation looks at how regional airports impact local economies. File photo
RED WING, Minn. — A new study by the Minnesota Department of Transportation looked at the economic impact that Minnesota airports had on the state and smaller communities in 2018 and 2019.
The MnDOT study looked at 126 of Minnesota's 133 public airports. The seven run by the Metropolitan Airports Commission were not included.
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The NBA's Challenge in Behavioral Economics - WSJ
NBA coaches spend countless hours crafting game plans, diagramming plays and managing the personalities in their locker rooms. Now they have something else to worry about: picking the right time to twirl their fingers.
This is the first season that coaches have the power to challenge one call per game—and only one call per game—by spinning an index finger and begging referees to take another look. They're not big fans of the rule change. Neither are the refs. But even if they don't like it, they can take advantage of it.
Real World Economics: Fed’s Powell is no Superman, nor should he be – Twin Cities
The Federal Reserve Open Market Committee's March 3 decision to cut short-term interest rate target was bizarre.
At first blush, it is yet another example of how public and political perceptions of what exactly central banks can accomplish are divorced from reality, economic history and economic theory. Some players in financial markets, the media, politicians and the general public now apparently assume that these money-regulating institutions can fix all economic woes plus a handful of political and social ones to boot. They cannot do all these things. Assuming that they can is dangerous.
California braces for economic fallout as coronavirus spreads
OAKLAND — Quarantines. Cruise ships idling offshore. Silicon Valley workers holed up at home. Dwindling international trade, and the possibility of sustained damage to the fifth largest economy in the world.
California is at the heart of the unfolding coronavirus crisis in the United States, forcing Gov. Gavin Newsom, big-city mayors and business leaders to brace for wide-ranging economic impacts in a state deeply dependent on global trade, technology and tourism.
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Cheryl DeVuyst set to lead OSU’s Agricultural Economics Department - News - The Shawnee
Oklahoma State University’s Department of Agricultural Economics will be under new leadership beginning May 1, someone who’s already familiar to faculty and students.
Cheryl DeVuyst is excited about the future of the department’s development within the Ferguson College of Agriculture at OSU.
“Working with students and helping them reach their potential is very rewarding,” said DeVuyst, who currently serves as a professor in OSU’s department of agricultural economics. “The department has offered me the opportunity to build on my agricultural roots and work with cattle producers, agricultural education instructors and youth throughout the state.
How Labour can go beyond Tory 'levelling up' and drive real economic equality | Miatta Fahnbulleh
Brexit was, in part, a response to this question. Because for many leave voters the referendum was about more than just leaving the European Union. It was a call for change and a clear demand for something better than an economy that does not work for them and a system that felt rigged against them. The paradox of the last parliament is that the political fight over whether and how we should leave the EU completely eclipsed this much bigger challenge.
The test for Johnson over the next five years is whether the promise to "get Brexit done" can deliver the scale of change that those who voted for it want. Without a clear plan from the government, it inevitably and tragically won't. Labour's route to power lies in offering an alternative that can deliver real change by building a different type of economy, one that is both green and fair, that works for everyone.
Parsing the financial turmoil - What the markets imply about the economic impact of the
T HE START of the year has been a rollercoaster for stockmarket investors. Out of the gates in January they experienced a gradual ratchet higher, climbing to an all-time peak in America, before a brutal and swift 11.5% plunge in the S & P 500 during the last week of February. So far in March investors have loop-the-looped.
These fears have culminated in a sharp "risk-off" move in markets. As stocks have tumbled, safe-haven assets like gold, government bonds and certain currencies—such as the yen and the Swiss franc—have rallied sharply. Copper and oil prices, both bellwethers of economic health, have swooned. The VIX , an index of the implied volatility embedded in options prices, has jumped. The price of high-risk corporate bonds fell sharply.
Lebanon Will Default on Foreign Debt Payment Amid Deepening Economic Crisis - The New York Times
BEIRUT, Lebanon — Lebanon will default on $1.2 billion in foreign currency debts coming due on Monday, the prime minister said Saturday, as the country lurched deeper into an economic crisis that has set off widespread antigovernment protests and left the country grasping for a foreign bailout.
Amid a rapid devaluation of the Lebanese pound, shortages of imports, a slow-motion bank run and thousands of layoffs, the decision is likely to appease protesters who have clamored for the government to prioritize domestic concerns over repaying the Eurobond, as the debt is known.
Happening on Twitter
Second, economists who claim that if you measure things right the working class isn't being left behind are clearly… https://t.co/lJS2Wxihhs paulkrugman (from New York City) Fri Mar 06 14:09:58 +0000 2020
I shouldn't be surprised how many people are learning globalized supply chains are extremely vulnerable to disrupti… https://t.co/DWWI6g7Gfh mikamckinnon (from West Coast) Sat Feb 29 19:09:18 +0000 2020
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