Sunday, August 29, 2021

Real World Economics: Pricing disclosure is necessary key health reform – Twin Cities

Amid all the Afghanistan news, a key medical-cost report out last week is getting little attention. It deserves greater dissemination and discussion. Congress must hold hearings and then act concretely.

The economics here is pretty simple and extremely important. Markets, while not perfect, are a vital mechanism to provide incentives for producing goods and services that people need and want.

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Publisher: Twin Cities
Date: 2021-08-29T14:19:22 00:00
Twitter: @pioneerpress
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Mind on Money: Laws of economics can't be rewritten | F.

The financial planning software we use for building and adjusting models of the future financial outcomes of clients and prospective clients of course includes an adjustment mechanism to project the future impacts of general inflation on a family's spending habits.

Interestingly, however, the software also includes functions enabling the planner to project different inflation rates for specific types of expenses, namely college education costs and health care.

Publisher: nwitimes.com
Date: f marc ruiz times money column business news
Author: Marc Ruiz Times Columnist
Twitter: @nwi
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Plunge in confidence due to economics, emotions | University of Michigan News

Consumer sentiment fell in August by 13.4% from July, recording the least favorable economic prospects in more than a decade, according to the University of Michigan Surveys of Consumers.

The Sentiment Index has only recorded larger losses in six other monthly surveys since 1978, with the largest losses in how consumers viewed future economic prospects, said U-M economist Richard Curtin , director of the surveys.

Publisher: University of Michigan News
Date: 2021-08-27T10:38:00-04:00
Twitter: @UMichiganNews
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Behavioral Economics Doesn't Have to Be a Total Loss - The Washington Post

For a few decades, the idea of applying human psychology to economics made a dry subject hip and relatable.

But along came a generation of economists and psychologists with tales of how crazy we all are and how bad we are at understanding risk.

Publisher: Washington Post
Date: 2021-08-27T11:35:51.000Z
Twitter: @WashingtonPost
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The economics of defence industrial self-reliance: budgeting and buying | The Strategist

Graeme Dobell's brief history of ASPI's Cost of Defence series over two decades reveals a fascinating tussle between Australia's military–industrial complex and economic reality.

When plans to acquire materiel on a scale unprecedented in peacetime were formulated by the Department of Defence, Australia's strategic environment was relatively benign and the economy was buoyed by decades of uninterrupted growth.

Publisher: The Strategist
Date: 2021-08-30T01:00:13 00:00
Twitter: @ASPI_org
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Divya Kirti on the Economics of Climate Change

Listen to the brightest minds in the field of economics and development discuss their latest research and deconstruct global economic trends.

Insights from economics, and economic thinking have an important role to play in addressing climate change and mitigating its impact. (iStock by Getty Images/Alex Liew)

Publisher: IMF
Date: 2021-08-27
Twitter: @IMF
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Bloomberg - Are you a robot?
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Why Would an Economist Ever Look on the Bright Side? - The New York Times

For Wall Street, and the dismal science as a whole, trouble is around every corner even as the economy booms.

The country is experiencing the fastest economic rebound in at least a generation, but Wall Street and Washington are hardly taking a victory lap. In any other environment, the 6.3 percent pace of expansion economists have penciled in for the United States this year would represent a victory.

Date: 2021-08-27T13:00:07.000Z
Twitter: @nytimes
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Two events that will display America's new India approach
Publisher: mint
Date: 2021-08-29T22:21:29 05:30
Twitter: @mint
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