Kai Ryssdal: So let’s get to the headline first, I suppose. How much do looks, appearances, matter in academic economics?
Galina Hale: So looks matter surprisingly a lot. It’s quite well known in the literature that in different careers, looks matter . We didn’t expect to find effects that large for academia because, you know, academics usually think of themselves as being above things like looks and, you know, being very objective. And, yeah, we were a little bit surprised by our findings.
Not to change the topic here:
The shape of things to come - Economic forecasters are pencilling in heady growth rates | Finance
E CONOMIC FORECASTERS are pencilling in heady growth rates for the world's big economies this year. GDP in America is expected to expand by close to 6% in 2021, the fastest pace since 1984. Growth is expected to be most rapid in the second and third quarters of the year, as vaccinations boost activity and fiscal stimulus takes effect. By contrast the bounce-back in the euro area and Britain is expected to be more modest this year.
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This article appeared in the Finance & economics section of the print edition under the headline "Economic forecasters are pencilling in heady growth rates"
Degrowth: Pushing social wellbeing and climate over economic growth
The "degrowth" movement has received renewed attention in the wake of the coronavirus pandemic after the spread of the virus last year coincided with the worst economic downturn since the Great Depression of the 1930s .
Giorgos Kallis, an ecological economist and a leading proponent of degrowth, told CNBC via telephone that the movement "is a critique to the idea that economic growth is considered something good and necessary. Instead, we think it is part of our current crisis and problems."
UN report: Huge changes in society, economics, power generation needed for Earth to remain
Our children and their children will inherit a world of extreme weather events, sea level rise, a drastic loss of plants and animals, food and water insecurity and increasing likelihood of future pandemics, said report lead author Sir Robert Watson, who has chaired past UN science reports on climate change and biodiversity loss.
The emergency is in fact more profound than we thought only a few years ago, said Watson, who has been a top level scientist in the U.S. and British governments.
Were you following this:
'This is not inflation': Economist says expectations are unanchored from reality
Inflation expectations are detaching themselves from reality, meaning markets might be overplaying the rise in U.S. Treasury yields , according to Carl Weinberg, chief economist at High Frequency Economics.
Global markets have been rattled in the last 24 hours after the yield on the benchmark U.S. 10-year Treasury note climbed above 1.3% for the first time since February 2020, while the 30-year bond also hit its highest level for a year. Yields move inversely to bond prices.
IGD on the big challenges facing food: 'Skills, sustainability, health and economics'
With more than 100 years' experience supporting the food sector, IGD believes it has a unique role to play in the development of the industry through thought leadership and partnership. The organisation recently established a new identity to strengthen understanding of its two halves: the trading company, which has been rebranded to Commercial Insight, and the charity, which will now be known as Social Impact.
IGD has always operated as two divisions and the revenue generated by Commercial Insight will continue to be re-invested in Social Impact.
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Asian markets retreat following disappointing U.S. economic data - MarketWatch
BEIJING — Asian stock markets followed Wall Street lower on Friday after disappointing U.S. jobs and economic data.
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Stocks retreated after the U.S. government reported 861,000 people applied for unemployment benefits last week. Minutes of the Federal Reserve's latest meeting showed central bank officials believe the coronavirus pandemic still poses considerable risks to the economy.
In Washington, Treasury Secretary Janet Yellen urged Congress to avoid cutting President Joe Biden's proposed $1.9 trillion aid package. She said the economy is in "a deep hole" despite signs of improvement.
Happening on Twitter
This is gross and it didn't have to happen. Portland re-elected this police commissioner and some of y'all said it… https://t.co/EIsJldb6ih GregoryMcKelvey (from Portland, OR) Wed Feb 17 15:48:01 +0000 2021
Trust in the Lord with all your heart and lean not on your own understanding." (Proverbs 3:5, Today, no matter what… https://t.co/SR3Fg8ptuk TitusONeilWWE (from Tampa, Fla.) Wed Feb 17 13:30:26 +0000 2021
No matter what your commute looks like, follow CDC guidelines and mask up! https://t.co/EUmTogDIrH USDOT (from Washington, DC) Wed Feb 17 14:37:04 +0000 2021
Here's a new Q&A with Eli Drinkwitz (extended online version). Mizzou's 2nd-year coach looks back on 2020, looks ah… https://t.co/OgsWabO4F6 Dave_Matter (from Columbia, MO) Thu Feb 18 05:00:08 +0000 2021
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