Wednesday, October 20, 2021

Opinion | Urban myths about economics have taken root — and the cost is high - The Washington

" Small businesses are the font of job creation!" This myth originated in a 1979 research paper by MIT professor David Birch, who purported to show that between 1969 and 1976 two-thirds of jobs were created by small businesses. This was big news, and it remains conventional wisdom.

" Top earners are making off with all the income gains!

Publisher: Washington Post
Date: 2021-10-18T12:00:40.063Z
Twitter: @WashingtonPost
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Pranav Patil writes: Economics Nobel laureates and the credibility revolution

This year's Sveriges Riksbank Prize in Economic Sciences (the Nobel prize) has been awarded to David Card for his empirical contribution to labour economics and to Joshua Angrist and Guido Imbens for pioneering new methods to analyse causal relationships.

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Publisher: The Indian Express
Date: 2021-10-20T09:18:26 05:30
Author: Pranav Patil
Twitter: @The Indian Express
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Keynesian economics, outputs, spending, employment and inflation

In the 1930s, a guy named John Maynard Keynes coined Keynesian economics. It says that total spending impacts output, employment, and inflation in the economy. He ended up with this theory because he wanted to know why The Great Depression in 2008 happened.

Publisher: ForexLive
Date: 5BC3182C8EF9D6BA898EA9201AAD2463
Twitter: @forexlive
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Behavioural Economics and the Loyalty Market - Small Tweaks, Big Impact

With consumer behaviour constantly evolving, so too must the loyalty market and the study of behaviour.

When we think about shifts in customer behaviour, we think about consumerism and the cheap and cheerful mentality that China introduced in the 1980's by mass manufacturing items at a lower cost and a lower quality.

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Publisher: The Wise Marketer - Featured News on Customer Loyalty and Reward Programs
Date: 2021-10-19T18:42:05 00:00
Twitter: @thewisemarketer
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Penguin Business snaps up Angner's 'groundbreaking' economics book | The Bookseller

Penguin Business has snapped up the "groundbreaking and uplifting" book Why Economics Can Save the World by Professor Erik Angner.

The publisher explained: "The challenges of the 21st century are immense: climate change, global poverty and inequality being just the most pressing. But, Professor Erik Angner of Stockholm University argues, we have everything we need to make our vision of a better world a reality.

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IMF Chief Economist Gita Gopinath to Return to Harvard University

Washington, DC: International Monetary Fund (IMF) Managing Director Kristalina Georgieva announced today that Gita Gopinath, the Fund’s Chief Economist and Director of the Research Department, intends to leave the Fund in January 2022 and return to Harvard University’s Economics

Publisher: IMF
Date: 2021-10-19
Twitter: @IMF
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Garanti BBVA: best bank for sustainable financing, according to Global Economics

The bank was also recognized as the best investment bank of the year. Ebru Dildar Edin, Executive Vice President of Garanti BBVA, reaffirmed the bank's commitment to "continue to maintain its sustainability and investment objectives and to set more ambitious goals each year."

Publisher: NEWS BBVA
Date: 2021-10-18T14:52:58 00:00
Author: BBVA
Twitter: @bbva
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Sasheer Zamata on Season 2 of 'Home Economics'

Most sitcoms are squeamish around the topic of money, but ABC's Home Economics dives right in.

Without being too heavy or taking itself too seriously, Home Economics discusses very real economic and social disparities in America, along with the kind of familial tensions that financial issues can often bring.

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Publisher: Harper's BAZAAR
Date: 2021-10-18 07:24:00
Twitter: @harpersbazaarus
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