Tuesday, September 15, 2020

Coffee Economics with Karl: Farm Profit (Where Transparency Ends)Daily Coffee News by Roast

Back in April, which in 2020 is about seven years ago, we shared the first video in a series about transparency in coffee supply chains. It explored what the coffee industry is actually talking about when it talks about the farmgate (or farm gate) price.

Over the course of 15 more videos in the “Coffee Economics with Karl” series that followed, Karl Wienhold of Colombian coffee trading company Cedro Alto explored a multitude of topics on prices and transparency in the coffee trade, each with the underlying assumption that coffee roasters play an integral role in ensuring a more sustainable coffee sector.

Publisher: Daily Coffee News by Roast Magazine
Date: 2020-09-15T19:10:05 00:00
Twitter: @DailyCoffeeNews
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Not to change the topic here:

Frustrated House Democrats push for action on new economic relief bill - The Washington Post

House Speaker Nancy Pelosi (D-Calif.) announced on a conference call with House Democrats on Tuesday morning that the House would remain in session until a new agreement is struck, saying, "We have to stay here until we have a bill," according to Democratic aides.

But within hours, Majority Leader Steny H. Hoyer (D-Md.) clarified that lawmakers would not actually remain in Washington beyond their scheduled recess date of Oct. 2, and instead would be required to be on call in case they must return. This is the same arrangement lawmakers have worked under for more than a month without any progress. White House officials have remained open to a deal but have not expressed an urgency to make concessions.

Publisher: Washington Post
Date: 2020-09-15T15:00:30.810Z
Twitter: @WashingtonPost
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How Liberals Opened the Door to Libertarian Economics - The New York Times

Milton Friedman's free-market ideas found favor in a free-love era and helped redirect the country toward the right. The aftershocks of his radical arguments are still being felt today.

* * *

On September 13th, 1970, the New York Times Magazine published an essay by Milton Friedman entitled "The Social Responsibility of Business Is to Increase Its Profits," which turned out to be one of the most influential economic arguments of the century.

Date: 2020-09-11T18:40:12.000Z
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The Economic Case for a People's Vaccine | Boston Review

Many have called for a people’s vaccine for COVID-19—a vaccine provided universally and accessibly to the entire world population. The moral arguments may be familiar, but economics supports the case, too. Economics also helps to explain what role the public sector should play in developing a people’s vaccine and how such efforts should be coordinated across countries.

We have reason to value the health of others, both as an important moral end in itself and as a contribution to a productive and well-functioning society.

Publisher: Boston Review
Date: 2020-09-07T14:24:14-04:00
Twitter: @BostonReview
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Many things are taking place:

How will the election impact the stock market, economist advice | wusa9.com

WASHINGTON — With the November election just 50 days away, the question on everyone's mind is what will happen on Nov. 4? 

"We probably have more risk, volatility than we have had in a number of years for a variety of reasons -- election being one of them," Ralph Sonenshine, an assistant professor of economics at American University, said. 

Sonenshine said that a contested presidential election could create an environment for a drop in the market.

Publisher: wusa9.com
Date: 9/16/2020 2:43:38 AM
Twitter: @WUSA9
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US stocks rise on signs of global economic recovery | Financial Times

Hudson Lockett in Hong Kong, Camilla Hodgson and Naomi Rovnick in London and Richard Henderson in New York

Earlier on Tuesday, China’s currency hit its highest level in more than a year as a rise in retail sales signalled that a recovery in the world’s second-biggest economy may be taking hold.

The renminbi strengthened as much as 0.44 per cent to Rmb6.7124 to the US dollar in trading within mainland China, its firmest level since May last year. Retail spending increased for the first time this year, by 0.5 per cent in August compared with a year ago.

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Date: 2020-09-15T20:41:42.915Z
Author: Naomi Rovnick
Twitter: @FinancialTimes
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Free exchange - Which is the best market model? | Finance & economics | The Economist

Editor's note: Some of our covid-19 coverage is free for readers of The Economist Today , our daily newsletter . For more stories and our pandemic tracker, see our hub

P OLITICAL ECONOMY is a discipline in which rigorous empirical testing is difficult. Scholars are rarely presented with the kind of naturally occurring experiments which crop up in other fields of economic inquiry, such as when one state increases its minimum wage while its neighbours do not. Covid-19 is different.

Publisher: The Economist
Twitter: @TheEconomist
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Economist Loren Scott outlines Baton Rouge area's economic trends for 2021-22

BATON ROUGE, La. (WAFB) - The annual Business Report 's celebration of the 2020 Top 100 Private Companies was virtual this year due to the pandemic and for the first time WAFB will streamed the keynote speaker for all to see.

Economist Loren Scott unveiled his 2021-2022 economic trends outlook for Louisiana and Baton Rouge.

What we think is going to be the key thing here is the recovery of a lot of jobs that were lost simply because of the coronavirus," Scott said. "The restaurants coming back, hopefully the hotels coming back, the service sector coming back, hopefully to what is normal."

Publisher: https://www.wafb.com
Date: 2020-09-15T22:45:37.084Z
Author: Samantha Morgan
Twitter: @WAFB
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