Penn State economics professor Jadrian Wooten knows a thing or two about ~the economy~. Now, he's connecting his passion for econ with literally one of his favorite shows.
Wooten is in the process of publishing his first book called – you guessed it – " Parks and Recreation and Economics . " His book will be a part of series through Routledge, which features books on economics that connect to other mainstream media topics.
Not to change the topic here:
The Guardian view on madhouse economics: Tories bet it makes political sense | Budget 2021 | The
The Economist explains - Is SARS-CoV-2 evolving to become more lethal?
AFTER INITIALLY emphasising that the B.1.1.7 variant of SARS-CoV-2, first found in south-east England , was more contagious but not any more deadly than the wild-type virus, Boris Johnson said on January 22nd that it seemed associated with higher mortality after all. That is surprising. Viruses tend to become less lethal over time. Why might this virus not be following the rules?
B.1.1.7 and some other variants, including the one recently identified in California, have spread widely because they have mutations that modify the tool the virus uses to invade cells. SARS-CoV-2 uses the spike or "S" protein to attach itself to receptors on cell surfaces that, once activated, let the virus inject its genetic material. Though the mechanism remains obscure, changes in the spike protein help B.1.1.7 and the other variants enter cells.
China's aging population is bigger problem than 'one-child' policy: Economists
"There are two ways to address this. One way is to relax the birth control, something (that) will help on the margin, but even if they fully relax the control (it's) probably difficult to reverse the trend," said Zhiwei Zhang, chief economist at Pinpoint Asset Management.
China's economy has relied heavily on industries such as manufacturing that require large amounts of cheap labor. But rising wages are making Chinese factories less attractive, while workers will need higher skills to help the country become more innovative.
And here's another article:
Turkey emerges from COVID-19-hit 2020 with 1.8% economic growth | Reuters
ISTANBUL (Reuters) - Turkey's economy grew 5.9% in the fourth quarter tmsnrt.rs/3dVombP and 1.8% in 2020 as a whole, annual data showed on Monday, emerging as one of only a few globally to avoid a contraction due to the coronavirus pandemic.
Propelled by a burst of credit in mid-2020, fourth-quarter GDP grew 1.7% from the previous quarter on a seasonally and calendar-adjusted basis, the Turkish Statistical Institute said.
A surge in gross domestic product (GDP) growth in the second half of the year that surpassed Turkey's potential rate was driven by a near doubling of lending by state banks to face down the initial wave of the virus.
Economics class: Extra stamp duty holiday would raise house prices, say lawyers | Financial Times
Synoptic questions: demand and supply, interrelationships of markets, AD-AS, macroeconomic objectives.
* * *
Analyse how an extension in the stamp duty holiday may “lead to further increases in house prices”
The stamp duty holiday is predicted to affect the housing market. Using a diagram, explain how the stamp duty holiday may also have an impact on other markets in the UK
“Average UK house prices increased 8.5 per cent in the year to December 2020.” Analyse the potential impact of the house price increase on the macroeconomy. Include the concept of the multiplier effect in your answer
Biden team readies wider economic package after virus relief
WASHINGTON (AP) — Looking beyond the $1.9 trillion COVID relief bill, President Joe Biden and lawmakers are laying the groundwork for another top legislative priority — a long-sought boost to the nation's roads, bridges and other infrastructure that could run into Republican resistance to a hefty price tag.
Biden and his team have begun discussions on the possible outlines of an infrastructure package with members of Congress, particularly mindful that Texas' recent struggles with power outages and water shortages after a brutal winter storm present an opportunity for agreement on sustained spending on infrastructure.
'This bond market is so radically oversold': economist David Rosenberg
Economist David Rosenberg says he made a career by not following the herd, and his bond forecast could be considered the latest example .
According to the Rosenberg Research president, this year's rate yield shock surrounding the benchmark 10-year Treasury Note is temporary.
"This bond market is so radically oversold," Rosenberg told CNBC's " Trading Nation " on Friday. "We're going to peel back to 1%."
The 10-year yield ended the week at 1.41%. It's now up 55% so far this year and is around 52-week highs. The yield moves inversely to debt prices.
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