Monday, May 24, 2021

Economics and the study of race | VOX, CEPR Policy Portal

Academic economics has had its own reckoning, with discussions about what we teach (Alves and Kvangraven 2021, Charles 2021), how we teach (Bayer et al. 2020a) and who is represented (Advani et al. 2019, 2020, Bayer et al. 2020b, Koffi and Wantchekon 2021).

In August 2020, the Econometric Society World Congress convened a panel event to ask: "What can economics do for racial justice?" One clear answer was that alongside the tentative advances in teaching and the pressure to improve representation, economists need to study the causes and consequences of racial inequality (Charles 2021, Cook 2021). In a recent study, we examine how much economists have actually been doing this (Advani et al. 2021).

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Bloomberg - Are you a robot?
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Cimarex-Cabot merger provides diversity, solid economics if not geographic match | S&P Global

In this week's Market Movers Americas, presented by Emily Burleson: * US-Iran talks blunt Americas...

Oil-weighted Permian Basin producer Cimarex Energy and Marcellus Shale natural gas operator Cabot Oil & Gas agreed to merge in an all-stock merger Wall Street initially viewed May 24 as a $17 billion market-cap oddity, but which the company CEOs said would provide compelling economics and important asset diversity.

Date: 2021-05-24T20:56:00
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CSUF economics forecast strong rebound as nation begins to reopen – Orange County Register

Last September, economists polled by the Wall Street Journal estimated a 37% chance of another recession occurring over the next year. Many didn't expect a return to a pre-COVID-19 economy for another three to five years.

However, in their fall economic forecast, presented seven months ago, Cal State Fullerton economists Anil Puri and Mira Farka were more optimistic than their counterparts, predicting a much faster recovery from the pandemic.

As things have turned out in the intervening months, they were right. And they were also wrong. How so?

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Publisher: Orange County Register
Date: 2021-05-24T14:08:35 00:00
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Twitter: @FinancialTimes
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Draft or free agency? A look at the economics of roster construction - Big Blue View

That statement probably goes without saying, but there are layers upon layers of moving pieces at every stage of roster construction. It's something like trying to put together a jigsaw puzzle with the pieces all face down, only a limited number of pieces the general manager can use, and 32 general managers all competing for pieces out of a common pool. All while the puzzle box itself tries to push the general managers to assemble the same mediocre picture.

At times it seems like a minor miracle that any roster gets assembled at all, let alone multiple competitive rosters.

Publisher: Big Blue View
Date: 2021-05-24T15:30:00-04:00
Author: Chris Pflum
Twitter: @bigblueview
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Why Conscious Economics Is the Leadership Style of the Future

Conscious consumerism and conscious investment are not new philosophies. Conscious investment, often referred to as “impact investing,” is a market worth more than $700 billion annually with 20% projected yearly growth. 

As its name implies, impact or conscious investing is practiced for the intent of benefiting from better investment decisions for the good of companies, customers and society as a whole. Conscious consumerism has likewise been on the rise in recent years with more consumers choosing to shop at local smaller businesses rather than retail giants.

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Publisher: Entrepreneur
Date: 2021-05-24T20:00:00Z
Author: Raj Girn
Twitter: @Entrepreneur
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CSRWire - Tetra Tech's Ridge Robinson Discusses Using Water Resources Economics to Evaluate

Applying economic principles to understand the benefits of infrastructure improvements to remote Alaskan communities

Ridge Robinson has more than 30 years of experience in the water resources economics field and has worked on more than 200 water resources projects around the globe. Since joining Tetra Tech in 1998, Ridge has served as senior economist on many projects evaluating the merits of public infrastructure investments, including flood risk management, coastal storm risk management, navigation, ecosystem restoration, hydropower, and water supply.

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Mentors, friends shape economics graduate Alyssa Leibold's experience at UMSL |

Alyssa Leibold graduated with bachelor’s and master’s degrees in economics after completing the BS/MA Dual Degree Program. (Photo by August Jennewein)

There was a mix of excitement and relief last week as Alyssa Leibold reached the end of her final college semester.

Leibold had been pushing herself hard the past five years as she earned both a bachelor's and a master's degree in economics through the accelerated BS/MA program at the University of Missouri–St. Louis.

Publisher: UMSL Daily
Date: 2021-05-24T10:29:04 00:00
Twitter: @umsl
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Coal industry: Economics biggest threat to Western Kentucky coal mines

He started in the mines in 1978 at age 20 when he hired on at Peabody Coal Co.'s Camp No. 1 underground operation near Morganfield, where his father was the maintenance shop foreman.

"The coal mine was one of the best-paying jobs in this area without an education," he said. "You got a job and you're earning $20 an hour," far more than most other blue-collar occupations.

Grounds worked his way up the skills ladder, eventually becoming a certified mine electrician and mine mechanic, which paid better than lesser-skilled mining jobs.

Publisher: The Gleaner
Author: Chuck Stinnett
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