Saturday, August 22, 2020

Economist Antoine Levy is all over the map | MIT News | Massachusetts Institute of Technology

Some of the stereotypical differences between the United States and France do check out, according to Antoine Levy: The weather and the food are much worse in New England, he says, and the people are much more welcoming. But for Levy, who is about to start the fifth year of his MIT PhD program in economics, the U.S. is starting to feel like his native France in some ways.

"For a long time, I thought France was obsessed by politics and the United States was not," he recalls. However, his impression has changed over the last five years. In France, from urban neighborhoods to small villages, he says everyone has an opinion on every government minister. Lately, he has felt a transformation around him, and has observed his peers in the U.S. becoming more interested in local politics as well.

Publisher: MIT News | Massachusetts Institute of Technology
Author: Sofia Tong MIT News correspondent
Twitter: @mit
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Were you following this:

The economics of skyscrapers: A synthesis | VOX, CEPR Policy Portal

While the study of the horizontal spatial structure of cities (Ahlfeldt et al. 2014) has flourished since the early neoclassical work summarised by Brueckner (1987), the vertical dimension has long received less attention. Though with a significant delay, economics research has recently responded to the vertical growth of global cities. In our recent paper, we synthesise the theoretical and empirical advances to put supertall buildings into perspective (Ahlfeldt and Barr 2020).

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Premarket stocks: No country is safe from the Covid-19 economic threat - CNN
Publisher: CNN
Date: 2020-08-21T12:10:20Z
Author: Julia Horowitz CNN Business
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Buttonwood - Bubble-hunting has become more art than science | Finance & economics | The

U PON BEING sucked into investing during the South Sea Bubble, Sir Isaac Newton reflected that he could "calculate the motions of the heavenly bodies but not the madness of people". From tulip mania in 17th-century Amsterdam to railway fever in Victorian Britain, history is littered with tales of investors who lost their heads shortly before they lost their shirts, in the grip of mass delusions described by Alan Greenspan, a former chairman of the Federal Reserve, as "irrational

This poses a problem for investors confronting the startling fact that the S & P 500, a share-price index of America's biggest public companies, reached an all-time high on August 18th in the middle of perhaps the sharpest ever economic downturn. Without hard numbers to count on, they must interpret the market's unusual behavioural signals in order to spot the froth.

Publisher: The Economist
Twitter: @TheEconomist
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Quite a lot has been going on:

How Cubs could be thwarted at trade deadline by COVID-19 economics, protocols | NBC Sports Chicago

Imagine pulling off a trade of significance at a trade deadline 40 days into a 67-day season, with protocol-trust and health issues in play, few motivated sellers and financial angst and uncertainty throughout the sport.

With this year's deadline barely a week away, the Cubs are in buyer posture — for whatever that might be worth with a roster that already was at its budget ceiling before the COVID-19 pandemic crashed industry revenues.

They even have at least one clear, modest need to target, said team president Theo Epstein: a reliever or two who can get out left-handed hitters.

Publisher: NBC Sports Chicago
Date: 2020-08-21T23:02:07-05:00
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How Food Resources Economics Professionals Are Helping to Overcome COVID Impacts in the USA

MIAMI , Aug. 21, 2020 /PRNewswire/ -- In these uncertain times, navigating the challenges that have a lasting impact on multiple areas can be difficult. While the world is responding to COVID-19, there is a brand new group of professionals that are helping the country in many areas to overcome the pandemic crisis. The Food Resources Economics Specialist Agustin Adrian Demartini explains how this career is more important than ever for companies to overcome the crisis in the U.S.

Date: 9D28F7743C790DD88F2D9C7375EF7ED5
Author: Agustin Adrian Demartini
Twitter: @PRNewswire
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Michael Sacks Appointed Assistant Professor of Economics & Financial Studies at Clarkson
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U.S. Economic Recovery Gains Steam While Others Stutter - WSJ

The U.S. economy picked up momentum this month as companies shook off the effects of the pandemic-induced downturn, though recoveries in other parts of the world slowed, according to new surveys of purchasing managers.

Publisher: WSJ
Date: 2020-08-21T17:07:00.000Z
Author: David Harrison and Paul Hannon
Twitter: @WSJ
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