Tuesday, June 29, 2021

Economics Needs a Climate Revolution by Tom Brookes & Gernot Wagner - Project Syndicate

With its fixation on equilibrium thinking and an exclusive focus on market factors that can be precisely measured, the neoclassical orthodoxy in economics is fundamentally unequipped to deal with today's biggest problems. Change within the discipline is underway, but it cannot come fast enough.

Publisher: Project Syndicate
Date: 2021-06-28T14:35Z
Author: Tom Brookes Gernot Wagner
Twitter: @prosyn
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The Would-Be Chef Who Found Tax And Economics

Growing up in a rural area of eastern Jamaica in the 1980s, the culinarily inclined Denvil Duncan dreamed of becoming an executive chef on a cruise ship.

Inspired by a cousin who worked in that capacity on the luxurious barges that pulled into Jamaican ports, Duncan saw a future in the planning, preparation, and presentation of delicacies while sailing the high seas.

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Publisher: Forbes
Date: 2021-06-28
Author: Tax Notes Staff
Twitter: @forbes
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'Fat' 401(k)s causing people to retire early: Oxford Economics

The Federal Reserve is letting the economy run especially hot in an attempt to bring back people into the workforce, Oxford Economics' senior economist Bob Schwartz wrote in a note to clients.

"Some of the retirees may come back if the job market is hot enough, but the muscular boost to 401(k) plans over the past year may keep a larger fraction of senior workers on the golf course than anticipated," Schwartz wrote.

Twitter: @Yahoo
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Economics and U.S. National Security - War on the Rocks

The second dilemma is related and somewhat contradictory.

Despite vigorous debate among international relations theorists, economists, and historians, there is no agreed upon resolution to these dilemmas between national security and economics.

Publisher: War on the Rocks
Date: 2021-06-29T07:55:18 00:00
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Mastercard Economics Institute: One in Five Countries Approach Pre-Pandemic Domestic Flight

The report, developed by the Mastercard Economics Institute, draws on aggregated and anonymized sales activity across the global Mastercard network to better understand the next phase for travel, its drivers and challenges.

"While there's been an impressive recovery in domestic air travel in a number of markets, the rebound won't happen overnight.

Date: 2021-06-29
Twitter: @businesswire
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Tax Increases In Sight? Time To Sell The Business?

As Mr. Biden settled into the White House, and as the Democrats began planning how to best utilize their slim Congressional majority to enact and pay for their sweeping legislative agenda, the principal concern among most owners of successful closely held businesses was Mr.

Such a rate increase would have serious economic consequences for an individual shareholder or partner selling their equity interest in the corporation or partnership through which they operated their business.

Publisher: JD Supra
Twitter: @jdsupra
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Economics class: Russian supply curbs exacerbate squeeze on European gas market | Financial Times

Gazprom is referred to as ‘Russia’s state-backed monopoly.’ Identify and explain two other sources of monopoly power

Having read the article, identify the demand and supply side factors which have pushed natural gas prices to their highest level since 2008

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Date: 2021-06-29T20:37:17.457Z
Twitter: @FinancialTimes
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Economics class: Cost of polluting in EU soars as carbon price hits record €50 | Financial Times

Describe how the rising cost of pollution can impact on exports in some national sectors like steel

‘Fatih Birol, head of the International Energy Agency, on Tuesday described the [carbon] price rise as “excellent”, arguing that higher carbon prices were necessary for a rapid transition towards cleaner fuels’.

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Date: 2021-06-29T20:36:45.195Z
Twitter: @FinancialTimes
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AMTech 2021 China to be supported by German Ministry of Economics

The International Advanced Manufacturing Technology Exhibition will take place in Shenzhen, China, on October 11–14, 2021, and held by Messe Stuttgart in cooperation with its Chinese subsidiary.

The Chinese market has become increasingly important for machinery and plant manufacturing companies during the COVID-19 pandemic; the companies operating in the country are said to be expecting their turnover to rise by 17% in 2021.

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Publisher: Metal Additive Manufacturing
Date: 2021-06-28T12:43:00 01:00
Twitter: @metalammag
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