Friday, May 8, 2020

Parker Normann Becomes a Senior Consultant to the Antitrust & Competition Economics Practice

Dr. Normann has more than 20 years of consulting and testifying experience in antitrust litigation, mergers, and regulatory matters for a variety of industries. Recognized for his ability to present complex economic concepts clearly to various audiences, Dr. Normann has provided expert oral and written testimony at trial, in Federal Court, and before the U.S. Federal antitrust agencies.

Dr. Normann holds a PhD in Economics from George Mason University and a master's degree from Murray State University.

Date: 2020-05-08
Twitter: @businesswire
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This may worth something:

Wellth Lands $10M for Behavioral Economic Platform to Improve Health Outcomes -

– Digital behavior change startup Wellth closes $10M in Series A funding led by Boehringer Ingelheim and yabeo – DaVita, and others will help drive care plan adherence for high-risk patient populations

– Powered by a behavioral economics engine paired with an intuitive, consumer-grade smartphone experience designed to motivate and delight, Wellth rewards members with daily financial incentives for verifying adherence to prescribed care plan.

Date: 2020-05-07T18:33:00 00:00
Twitter: @hitconsultant
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Getting on board - Emerging markets launch QE, too | Finance & economics | The Economist

In response to the covid-19 pandemic, much is being spent again. But not by so few. The central banks of America, the euro area, Britain and Japan are set to buy $6trn-worth of assets between them this year, according to Fitch, a rating agency, three times what they bought in 2013, the previous peak. And emerging markets are no longer grumbling on the sidelines.

Critics nonetheless worry that QE is both more dangerous and less necessary in emerging markets than it is elsewhere. It imperils the hard-won independence of monetary authorities that have struggled in the past to keep their distance from big-spending politicians. Brazil's constitutional limits on the central bank, for example, reflect its history of hyperinflation, when governments resorted to the printing press to finance their populism.

Publisher: The Economist
Twitter: @TheEconomist
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Economists Break Down U.S. Unemployment Numbers : NPR
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Publisher: NPR.org
Date: 2020-05-08
Twitter: @NPR
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War and the weather: what caused the huge economic slump of 1706? | Business | The Guardian

1706 is how far economic historians have to look back to find a slump bigger than the one that now threatens the country as a result of the Covid-19 pandemic.

The economy was at the mercy of the weather. Three years after the slump of 1706, the country was in trouble again due to the Great Frost of 1709. It helped trigger a 14% drop in activity – a much more severe setback than the pricking of the South Sea Bubble in 1720.

Three centuries ago the success or failure of the harvest had a profound effect on the rate of growth. It was only the movement of population from the countryside to the cities and the development of a modern industrial society that made growth less sensitive to meteorological events.

Publisher: the Guardian
Date: 2020-05-07T18:36:24.000Z
Author: Phillip Inman
Twitter: @guardian
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Stocks rise on hope that worst of economic plunge has passed

TOKYO (AP) — Asian shares surged Friday on optimism the worst of the economic fallout from the pandemic may be over, as Wall Street logged its biggest rally in a week.

Japan's benchmark Nikkei 225 jumped 1.8% to 20,025.91. South Korea's Kospi jumped 1.3% to 1,954.48. Australia's S&P/ASX 200 rose 0.8% to 5,408.90. Hong Kong's Hang Seng rose 1% to 24,220.86, while the Shanghai Composite picked up 0.7% to 2,891.83.

On Wall Street, the S&P 500 climbed 1.2% for its third gain in four days, following similar increases in European markets. Other areas of the market were still showing much more pessimism, though, including bonds.

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Publisher: The Mercury News
Date: 2020-05-08T03:49:27 00:00
Twitter: @mercnews
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G.O.P. Coronavirus Message: Economic Crisis Is a Green New Deal Preview - The New York Times

WASHINGTON — The coronavirus and the struggle to contain it has tanked the economy, shuttered thousands of businesses and thrown more than 30 million people out of work. As President Trump struggles for a political response, Republicans and their allies have seized on an answer: attacking climate change policies.

And last week Mercedes Schlapp, a senior campaign adviser to President Trump, said on Fox Business that Joseph R. Biden Jr., the presumptive Democratic presidential candidate, supports "rainbow and unicorn deals like the Green New Deal" that would raise energy prices and harm an already-ailing economy.

Date: 2020-05-08T03:44:53.000Z
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Florida universities & students get tough lesson in COVID economics | Florida Trend Education -

The federal government promised to help Florida college students struggling help make ends meet amid the economic devastation caused by the novel coronavirus. A $2.2 trillion Coronavirus Aid, Relief, and Economic Security- CARES- Act was approved by Congress back in March. The Act allocated more than $30 billion for education, half of which would help colleges and college students rebound from the crisis.

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Miami Dade College in 2019 was awarded the Aspen Prize for College Excellence, which recognizes high achievement and performance among state colleges, as well as the Lumina Foundation Education Innovation Judges’ Choice Prize, acknowledging efforts to help adult learners earn credentials that lead to further education and employment in a rapidly changing economy.

Publisher: Florida Trend
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