Monday, July 5, 2021

The Perils of Paradigm Economics by Andrés Velasco - Project Syndicate

Paradigm-peddlers have not yet settled on a single label for the post-pandemic era, but frothy ideas abound. Countries should "build back better," but only after a "great reset.

So, change is in the air, and in many cases it will require a more muscular (though not always larger) state. But does this – and, more importantly, should it – add up to a new paradigm?

Publisher: Project Syndicate
Date: 2021-07-05T11:49Z
Author: Andr Velasco
Twitter: @prosyn
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Upping the ante: stop credential stuffing using attack economics - ThePaypers

Those who choose this line of work are able to make money because of the vast, shadow ecosystem they can tap into, which provides them cheap access to software, tools and -- if needed – low-paid human resources to help carry out attacks. 

Credential stuffing attacks are rising in both severity and frequency. They are popular among fraudsters because they are relatively cheap and easy to launch, and come with the promise of great financial reward.

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Real World Economics: Infrastructure bill poorly explained, poorly understood – Twin Cities

The Biden administration and Congress apparently agree on at least parts of a $1.2 trillion infrastructure bill. That is a lot of money.

Then we got a $1.9 trillion Biden COVID relief and economic stimulus bill. Citizens already are confused. When Washington reporters leave out a key factor, this confusion multiplies.

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Publisher: Twin Cities
Date: 2021-07-04T14:35:24 00:00
Twitter: @pioneerpress
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"I will graduate in economics aged 30 and I want a banking job" | eFinancialCareers

I have just begun a degree in economics at one of the top universities in London. When I graduate, I will be aged 30.

I don't see why it should be. I'm only 27 at the moment and have spent the past few years working as an internal auditor in engineering companies. As time has gone on, however, I've realised that I want a career in investment banking and ultimately to move into private equity. 

Publisher: eFinancialCareers
Date: 2021-07-05T08:52:00-0600
Twitter: @efc_global
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Bloomberg - Are you a robot?
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Asia Covid resurgence drags down consumer spending

As consumer spending in China continues to lag in its economic recovery from the pandemic, a similar weakness in retail sales is being witnessed elsewhere in Asia.

"For most parts of Asia, we're still seeing private consumption recovering but it is slow and it remains below the pre-pandemic levels," said Lloyd Chan, senior economist at Oxford Economics.

Publisher: CNBC
Date: 2021-07-06T03:45:39 0000
Author: https www facebook com CNBC
Twitter: @CNBC
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Business Reporter: The economics of data movement - EIN Presswire

EIN Presswire's priority is source transparency. We do not allow opaque clients, and our editors try to be careful about weeding out false and misleading content. As a user, if you see something we have missed, please do bring it to our attention. Your help is welcome.

Publisher: EIN News
Date: 2021-07-05T09:00:00 0000
Author: EIN News
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Press Releases | LETA

To receive more information on subscribing to LETA's products and services, please contact LETA's Marketing Department: (+371) 67222509, marketing@leta.lv .

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