Tuesday, October 27, 2020

Meet our new faculty: Chen Lian, economics | Berkeley News

Name: Chen Lian
Discipline: Economics
Degrees: B.
S., Mathematics and Economics, MIT, 2015; Ph.D., Economics, MIT, 2020
Research interests: Macroeconomics, behavioral economics, and finance.

Publisher: Berkeley News
Date: 2020-10-26T17:57:07 00:00
Twitter: @ucberkeley
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Money Talks - The great divergence—how will covid-19 change the economic world order?

AS THE covid-19 pandemic continues, disparities in the prospects of economies, industries and businesses are increasing. Host Rachana Shanbhogue and Henry Curr, our economics editor, investigate how the pandemic will recast the global economic order . They talk to Gita Gopinath, chief economist at the IMF, to identify who risks being left behind . And as the pandemic upends labour markets , will governments resist change or embrace the new reality ? Runtime: 24 min

Publisher: The Economist
Twitter: @TheEconomist
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Trump considers ordering government analysis on fracking economics: report | TheHill

Trump has been a vocal supporter of fracking and has attempted to make it part of his campaign messaging in states like Pennsylvania where it's used by industry.

According to the Journal, he's now considering telling government agencies to analyze the effects of fracking on trade and the economy and what would happen if it was outlawed.

The potential order would also reportedly have the agencies determine what else they can do to bolster fracking.

Publisher: TheHill
Date: 2020-10-27T16:42:43-04:00
Author: Rachel Frazin
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Harvard economist discusses post-election health care – Harvard Gazette

With the election less than a week away, various health care issues — among them, the pandemic and the Affordable Care Act (ACA) — are high on voters' minds. The Gazette spoke with Benjamin Sommers , a health care economist at the Harvard T.H. Chan School of Public Health , about the changes that may loom after the balloting. Sommers, the Huntley Quelch Professor of Health Care Economics, noted that in addition to uncertainties involving the executive and legislative branches, the U.S.

Publisher: Harvard Gazette
Date: 2020-10-27T17:33:58-0400
Twitter: @harvard
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In case you are keeping track:

Why N.Y.C.'s Economic Recovery May Lag the Rest of the Country's - The New York Times

New York, whose diversified economy had fueled unparalleled job growth in recent years, is now facing a bigger challenge in recovering from the pandemic than almost any other major city in the country. More than one million residents are out of work , and the unemployment rate is nearly double the national average.

The city had tried to insulate itself from major downturns by shifting from tying its fortunes to the rise and fall of Wall Street. A thriving tech sector, a booming real estate industry and waves of international tourists had helped Broadway, hotels and restaurants prosper.

Date: 2020-10-26T20:53:58.000Z
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Ethnic diversity in UK economics - Institute For Fiscal Studies - IFS

1. Ethnic diversity among academic economists is increasing over time. The share of (non-White) ethnic minority academic economists doing research and teaching has increased from 19% in 2012–13 to 24% in 2018–19. This is higher than in UK academia generally (17% in 2018–19) and in the UK population (13% among individuals aged 25–64 as of 2011).

2. However, there are large differences in representation across different ethnic groups. Individuals of Chinese and Indian ethnicity are heavily over-represented, while Black individuals are under-represented relative to their share of the UK population. This reflects a broader pattern within the academic sector in the UK.

Author: Arun Advani
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Visualizing the Economics of Coffee in One Chart

The obvious answer might be coffee beans, but when you start to account for additional costs, the scope of a massive $200+ billion coffee supply chain becomes clear.

From the labor of growing, exporting, and roasting the coffee plants to the materials like packaging, cups, and even stir sticks, there are many underlying costs that factor into every cup of coffee consumed.

The above graphic breaks down the costs incurred by retail coffee production for one pound of coffee, equivalent to about 15 cups of 16 ounce brewed coffee.

Publisher: Visual Capitalist
Date: 2020-10-24T11:10:45-07:00
Author: Omri Wallach
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