Thursday, June 3, 2021

The Straightforward Economics of Vaccine Lotteries - WSJ

"I kept hemming and hawing about it, and I work all the time, and when the Vax-a-Million thing started I immediately went down there and got it."

It's difficult to overstate just how small the lottery payouts are relative to the economies they cover. In Hong Kong's case, a real-estate developer is offering an apartment valued at roughly $1.39 million. That prize, though highly valuable to the winner, is equivalent to 0.0004% of the city's already-reduced 2020 GDP.

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Publisher: WSJ
Date: 2021-06-03T10:53:00.000Z
Author: Mike Bird
Twitter: @WSJ
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Mt. Hebron High School In Ellicott City Wins National Economics Championship – CBS Baltimore

ELLICOTT CITY, Md. (WJZ) — A group of students from Ellicott City’s Mount Hebron High School won the National Economics Championship yet again.

The National Economics Championship is a competition that hosts thousands of students from across the U.S.

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Date: 2021-06-03T19:23:41 00:00
Author: http www facebook com CBSBaltimore
Twitter: @/wjz
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Bloomberg - Are you a robot?
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Newsroom | The Olympics Should Find a Permanent Home, Says Holy Cross Economics Professor

Teen Vogue recently sought the insight of Victor Matheson , professor of economics at Holy Cross and a renowned sports economist, on this issue.

Matheson, who co-authored a study in 2016 on the economic impact of the Olympics, says that finding a permanent home might make more sense economically since the Games have evolved into a money-losing endeavor for host cities.

According to Matheson, “no possible understanding of the benefits could possibly cover the cost of a typical Olympic Games these days.”

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Cloud Economics: Why Hyperscalers Will Cost You More Every Time -- Virtualization Review

"Moving to the cloud will save you money" . This statement is almost always assumed true when comparing VMware-based application hosting (IaaS), backup (BaaS) and disaster recovery (DRaaS) in the cloud to the significant costs associated with owning, operating, and maintaining a traditional datacenter.

Join our cloud economics webinar to: Learn why "price doesn't equal cost" and which cloud costs matter most when moving your VMware workload to the cloud for backup, disaster recovery, and hosting Understand what to look for when comparing across multiple cloud service providers and what analysis to consider BEFORE you deploy Hear how iland's unique combination of proven, VMware-based technology, true pay per use consumption, and supporting services create an economic advantage for

Publisher: Virtualization Review
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'Shortcuts' to increase female enrollment in economics may backfire, OSU study cautions | News |
Publisher: Tillamook Headlight-Herald
Author: Molly Rosbach molly rosbach oregonstate edu
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Logan Mohtashami on housing market economics - HousingWire

Additionally, Mohtashami dives into his most recent HW+ article that asks: should Americans buy a home in a super-hot housing market?

Sarah Wheeler: Housing market demographics is one of the hallmarks of your work and what you’re looking at to predict what’s happening next. So, tell us why 2020 to 2024 is so unique and why that informed your whole model.

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Publisher: HousingWire
Date: 2021-06-03T22:11:36 00:00
Twitter: @housingwire
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How Diversifying Economics Can Solve The Racial Wealth Gap – Forbes Advisor

Black voices have been suppressed in America for far too long. And the problem has become so glaringly apparent in the economics industry that an entire federal agency is still struggling to diversify its staff, even after federal law has required it to do so.

The Federal Reserve, the nation's central bank responsible for controlling the monetary system and fending off financial crises, is predominantly white. Ten years after the Dodd Frank Act required the system to diversify its hiring, an analysis by the New York Times found it's still falling far short of being inclusive.

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Publisher: Forbes Advisor
Date: 2021-06-01T07:00:08-04:00
Author: Kelly Anne Smith
Twitter: @forbes
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Fauci's Mask Flip-Flop, Explained (by Economics) - Foundation for Economic Education

Last summer in an interview with CBS Evening News anchor Norah O'Donnell, Dr. Anthony Fauci said he had no regrets over advising Americans against wearing masks in public spaces early in the pandemic, even though his recommendations changed months later.

"When you're in the middle of an outbreak, wearing a mask might make people feel a little bit better and it might even block a droplet, but it's not providing the perfect protection that people think that it is," said Fauci. "And, often, there are unintended consequences — people keep fiddling with the mask and they keep touching their face."

Author: Jon Miltimore
Twitter: @@feeonline
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