Wednesday, January 6, 2021

The Painter Subverting Art-World Economics, $100 at a Time - The New York Times

I have always collected art, but I've never been an art collector — which I define broadly to mean someone who can buy original pieces without profound financial discomfort. The stuff on my walls has what a serious collector would consider dubious provenance. For instance: a glazed ceramic tile that I bought off the floor of a Moroccan carpet emporium; a wooden tiger mask from an antiques dealer; a postcard I found at the flea market.

I can appreciate that beauty has monetary value, particularly for the one and only example of a particular exquisiteness. Someone spent time making it, and that person should be compensated. But even modest artworks can be out of reach for almost anyone who's not a real estate mogul, shipping magnate, stockbroker or oil baron.

Date: 2021-01-06T10:00:01.000Z
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Check out this next:

New Mexican Economists Warn: Change Course Now |

Later this month, New Mexico lawmakers will have another chance to fix an economic problem that has plagued the state for decades.

"For at least 40 years people in the state government and the Legislature have known that they are overly dependent on oil and gas for state revenue," says Jim Peach, regents professor of economics at New Mexico State University.

Right now, more than 40% of the state's income relies on the boom-and-bust fortunes of oil and gas. Now, according to a trio of New Mexico's leading economists, the time has come to change course.

Date: 2021-01-06T16:31:46 00:00
Twitter: @capitalandmain
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Helena working to improve economic development through new board | CBS 42

HELENA, Ala. (WIAT) — The city of Helena is launching an economic development board to help enhance economic opportunities across the city in 2021.

Mayor Brian Puckett selected 12 members of the community with various business-related backgrounds to work on behalf of the new board, where they will be tasked with creating new industry, retail, and commercial development opportunities. Puckett said the city faces its own unique challenges in its efforts to continue growing. This includes there now only being two ways to get in and out of Helena which effects area residents and visitors.

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Publisher: CBS 42
Date: 2021-01-06T15:37:26 00:00
Author: Autumn Bracey
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US may see underpopulation, not overpopulation due falling birth rate

The U.S. birth rate in 2019 fell to its lowest level in 35 years , well below the requisite 2.1 babies per woman required to sustain our population through birth alone. Researchers expect this trend to continue into 2020 and 2021.

"What we learned from the Great Recession is that every 1 percentage point increase in the unemployment rate reduces births by 1 percent," said Wellesley College economics professor Phil Levine.

Publisher: CNBC
Date: 2021-01-06T13:48:31 0000
Author: https www facebook com CNBC
Twitter: @CNBC
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While you're here, how about this:

Poverty Grows Despite Economic Recovery | The Pew Charitable Trusts

Even as average personal incomes rose during the pandemic largely because of government aid, millions of people who didn't receive such help have fallen into poverty, struggling to pay for food and other basic expenses.

That group, trying to get by with the help of local charities, may have been excluded from the federal payments because of immigration status, lack of time in the labor force needed to claim unemployment benefits, or just red tape in states that have been slow to pay jobless claims .

Twitter: @pewtrusts
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Judgment Day - Arnold Schwarzenegger on why Republicans must stop Trump | By Invitation | The

And as I learned more about the founding of America, about the vision of the founding fathers, about this land of opportunity, I fell deeper and deeper under its spell. By the time I was lucky enough to move here more than 50 years ago, I was obsessed.

Today, I'm deeply concerned for my country. As an immigrant, as an American and as a Republican, it is my duty to speak up.

President Donald Trump's actions to destroy faith in our elections and throw centuries of American principles out the window must be met with universal condemnation from all political leaders, regardless of party.

Publisher: The Economist
Twitter: @TheEconomist
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U.S. and partners support global COVID-19 economic recovery | U.S. Embassy in Georgia

The United States is leading international efforts to help low-income countries focus resources on recovering from the COVID-19 pandemic.

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Kudos to @EconAtState for its leadership in negotiating the #G20 Debt Service Suspension Initiative. The DSSI helps low-income countries improve transparency & concentrate resources on the #COVID19 pandemic. https://t.co/j6rc6YSlyI


U.S. partnerships like this with international financial institutions support the United States' far-reaching efforts to stabilize and reignite the global economy in the wake of the COVID-19 pandemic.

Publisher: U.S. Embassy in Georgia
Date: 2021-01-06T13:23:06 00:00
Twitter: @EmbassyTbilisi
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The Relevance Of The Natural Sciences Methods In Economics

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