Sunday, April 18, 2021

Real World Economics: Monopoly is no game to Sens. Klobuchar and Hawley – Twin Cities

Truth in the old adage that politics makes strange bedfellows is demonstrated from time to time. This is a sign of a healthy democracy. That is especially true now in our nation after a quarter-century of the erosion of bipartisanship. Precious few contemporary issues bring members of Congress into the same intellectual room, much less bed.

So it is very welcome that just as Minnesota Democratic U.S. Sen. Amy Klobuchar forges ahead with her concerns about monopoly power and its economic harms, her GOP colleague Josh Hawley from Missouri voices similar concerns and makes complementary proposals. One can only hope that useful measure will be enacted.

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Publisher: Twin Cities
Date: 2021-04-18T14:01:53 00:00
Twitter: @pioneerpress
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Dallas Fed Economics: Cost of Texas' 2021 deep freeze justifies weatherization | KLBK | KAMC |

DALLAS (NEWS RELEASE) — The following is a news release from the Federal Reserve Bank of Dallas:

In a  new post on Dallas Fed Economics , Garrett Golding, Anil Kumar and Karel Mertens analyze the power outage that struck Texas in mid-February and whether the cost of preventive measures is economically justified.

Also on Dallas Fed Economics: Surging oil prices in February have raised hopes that the worst may be over for oil markets, though recent evidence suggests that the recovery will not last.

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Publisher: KLBK | KAMC | EverythingLubbock.com
Date: 2021-04-18T14:15:08 00:00
Author: News Release Posted By Staff newsweb everythinglubbock com
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Economics in Brief: Financial System Still Separate and Unequal, Study Affirms – Next City

A forthcoming study of Houston-area lenders finds that mainstream banks primarily feature white people in marketing and advertising materials, while payday lenders primarily feature Black and Latino people in their materials, the LA Times reported this week .

A report released from the office of U.S. Senator Catherine Cortez Masto of Nevada blasts the franchise industry for poor worker compensation and other shoddy labor practices, and calls out franchisors for roping in entrepreneurs with overblown promises, saddling them with debt and other liabilities before going bankrupt themselves.

Twitter: @NextCityOrg
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Beacon Economics sees San Francisco and San Jose downtowns coming back strong - San Francisco

"Downtowns are not ending as a result of the pandemic. Quite the opposite, downtowns are going to come back, more important than ever," Chris Thornberg , founding partner at Beacon Economics, told those attending the Oakland Metropolitan Chamber of Commerce's annual economic summit on April 15.

Several factors are fueling the comeback of downtowns, including proximity to clients, vendors and employees as well as the panache, prestige and convenience these districts offer, Thornberg said. However, he said companies will need less commercial real estate as employees work from home part of the week after Covid-19 subsides. That will make downtown office space less expensive, providing an additional draw for companies to choose downtown over offices outside of downtown.

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Publisher: San Francisco Business Times
Date: 2021-04-16T17:48:00-04:00
Author: 3571
Twitter: @SFBusinessTimes
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A look into Marijuana: New Mexico's newest industry

NEW MEXICO (KRQE) – By signing the Cannabis Regulation Act into law, Governor Michelle Lujan Grisham has opened the state to a brand new industry: legalized cannabis . The act promises new jobs — including roles such as growers, servers, and cannabis educators. And the act carves out opportunities for both small business operators and large producers alike.

To learn what the economy for recreational marijuana may look like in the coming years, KRQE News 13 examined the numbers and spoke with Kelly O'Donnell. She's a professor at the University of New Mexico School of Public Administration and an economist who has created several reports on the potential market for marijuana in New Mexico.

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Publisher: KRQE News 13 Albuquerque - Santa Fe
Date: 2021-04-16T16:52:00 00:00
Author: Curtis Segarra
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Bloomberg - Are you a robot?
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LETTER: Trickle down economics is a Republican fantasy | Letters To Editor | yoursun.com

Trickle down" economic theory espoused by elected Republicans is being raised again in response to President Biden's proposals to tax the wealthiest among us.

On a recent Sunday morning show, Sen. Roger Wicker (R-Miss), whose state has the 10th worst infrastructure in the country, asked the show's host "How could the president expect to have bipartisanship when his proposal is a repeal of one of our signature issues in 2017, where we cut the tax rate and made the United States finally more competitive when it comes to the way we treat job creators?"

Publisher: Sun Newspapers
Twitter: @CharlotteSunFla
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Do top economics journals hold women authors to higher standards than men?

A new front has opened up in the world of economics, mostly in the US and the UK. It falls under the broad rubric of ‘women in economics.’ It seems there aren’t enough of them in it and the question being asked is if men are discriminating against them. So far men don’t seem very bothered.

Author: T C A Srinivasa Raghavan
Twitter: @bsindia
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How Can Economics Help Improve Your Financial Decision-Making? - Influencive

Making wise financial decisions is necessary. However, it has been a continuous struggle for many people, and their outstanding debts can probably attest to it. Although different reasons might have put them in varying levels of debt loads, the majority of them are most likely tied to poor financial decisions.

But to put it simply, a practitioner of economics may study how people use the resources available to them. Moreover, the field of economics is divided into the following categories:

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Publisher: Influencive
Date: 2021-04-17T11:28:02-07:00
Author: https www facebook com profile php id 100017036233818
Twitter: @influencive
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The end of trickle-down economics | Hawaii Tribune-Herald

As President Joe Biden gears up to sell his new infrastructure plan, Democrats are finally calling out Republican hypocrisy on government spending. The GOP, they note, supported Trump’s 2017 tax cuts — which greatly expanded the national debt — but now refuse to back Biden’s stimulus bills.

As a pollster at Navigator Research, I’ve been tracking this shift first-hand. Never before have I seen such widespread, bipartisan support for previously radical ideas like universal child care, taxing the rich and comprehensive paid leave.

Publisher: Hawaii Tribune-Herald
Date: 2021-04-15T10:05:00 00:00
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