Sunday, May 16, 2021

Economics Correspondent Says Few People Opt For Unemployment Over Work : NPR

NPR's Michel Martin speaks with Washington Post 's economics correspondent Heather Long about what the unemployment numbers say about the state of the country's economic recovery.

As the U.S. economy continues to recover from the lockdowns and other limits imposed during the pandemic, some employers say they are finding it hard to attract people to fill openings as their activities ramp back up. This despite the fact that millions of jobs disappeared over the last year. And that's given rise to a debate.

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Publisher: NPR.org
Date: 2021-05-16
Twitter: @NPR
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Farragut students turn economics lessons into small businesses | wbir.com

Paysie Jordan crafted a handful of decorations for her room. She decided to turn that into her own small business for class.

Titan Ray sold cupcakes and cakes, but said his favorite part was shopping at other small businesses.

"I just got a whole series of books from the store over there," Titan Ray said. "Seven books for five dollars!"

Publisher: wbir.com
Date: 3:15 PM EDT May 15 2021
Twitter: @wbir
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Cytokinetics Announces Presentations Related to Health Economics and Outcomes Research in Heart

Retrospective Observation of Patients with Obstructive HCM Finds Increase in Cardiovascular Comorbidities and Medication Use Over 2-Year Follow-Up

Contact:
Cytokinetics
Diane Weiser
Senior Vice President, Corporate Communications, Investor Relations
(415) 290-7757

Technology shares in the Asia-Pacific Region led the advance as investors hunted for bargains following a global sell-off in the sector.

Twitter: @Yahoo
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Birth dearth about values, not economics

For the sixth consecutive year, the birth rate dropped -- this time by 4%. The average annual drop in the five previous years was 2%.

The rate at which American women are having babies is way below the rate necessary to keep the population steady-state -- that is, for the population not to shrink.

A steady-state population requires a total fertility rate of 2.1 children per woman. In 2020, it was 1.64.

Needless to say, for politicians, there is no problem that does not have a government solution, and the birth dearth is no exception.

Publisher: Abilene Reporter-News
Author: Star Parker
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Real World Economics: Inflation’s back, so what now? – Twin Cities

The word "inflation" is much in the news, prompting many questions. Are we experiencing inflation, or will we be soon? If so, why? Is it increased federal spending in response to a COVID-induced slowdown in output and employment? Or is even the mere discussion of greater federal spending to improve "infrastructure" scaring markets?

Start with the basics. Econ textbooks define inflation as "a rise in the general price level," sometimes adding the adjective "sustained." In other words, price increases must cover a broad range of items and must persist over time.

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Publisher: Twin Cities
Date: 2021-05-16T14:32:09 00:00
Twitter: @pioneerpress
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Economics class: UK government to sell next £1bn stake in NatWest | Financial Times

The article refers to the ‘US subprime mortgage market.’ Explain what is meant by a subprime mortgage

The 2008 financial crash has its origins in the USA; however, it proved highly contagious. Explain the meaning of the term systemic risk

Limited liability in a bank means that owners have an incentive to take risks. Explain what is meant by moral hazard

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Date: 2021-05-16T23:48:39.720Z
Twitter: @FinancialTimes
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Rutgers Economics Expert Available to Discuss Stablecoins, Tether

Rutgers economist  Bruce Mizrach  is available to comment on  new Rutgers research  that analyzes the stability of stablecoins, a cryptocurrency whose value is tied to an outside asset such as the U.S. dollar.

“The financial industry has continued to develop new forms of payment,” said Mizrach. “Credit and debit cards and automated clearinghouse transactions were the key developments of the late 20th century. Venmo and PayPal came along in the early 21 st century. The latest, stablecoins, are competitors to other payment methods like credit cards, bank-based bill payment systems and cash. Unlike Bitcoin, stablecoins are not supposed to fluctuate in value.

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Economics Wrap: No JobKeeper, No Worries – ShareCafe

Jobs and wages return to the spotlight in Australia as we are part of an accelerating employment boom across most developed economics that continues to surprise analysts and monetary and fiscal authorities.

The April jobs data on Thursday will give an initial look at the impact of the ending of JobKeeper on March 31 and from all accounts the impact is likely to much smaller than forecast a month ago.

Publisher: ShareCafe
Date: 2021-05-16T13:30:19 00:00
Author: Jobs and wages return to the spotlight in Australia as we are part of an accelerating employment boom that continues to surprise analysts as well as monetary and fiscal authorities
Twitter: @sharecafetweets
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