Sunday, October 10, 2021

SHEA | Economics for presidential use only | Opinion | themercury.com

My grandfather was the Treasurer of the Brecht's Candy Company in Denver for years. He taught me, at the age of 12, double-entry accounting. In order to receive my allowance (10 cents per week) I had to produce my ledger showing the current state of my financial account.

Publisher: The Mercury
Author: Bill Shea Contributing writer
Twitter: @MERCnewsroom
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Folk Economics and the Left - WSJ

In " The Woke Left's Primitive Economics " (op-ed, Oct. 6), Paul Rubin writes about the zero-sum thinking of the left and primitive societies.

The upside to this attitude is the willingness to share with those less fortunate—or with everyone. I am still moved by memories of neighbors sharing a meal with me when I knew they had little or no food in the house for the next day.

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Publisher: WSJ
Date: 2021-10-08T17:32:00.000Z
Twitter: @WSJ
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Olaf Scholz's Quiet Revolution in German Economics

At the meeting of finance ministers of the eurozone—the countries using the euro as their currency—in Luxembourg on Oct. 4, one prominent regular attendee was missing . Olaf Scholz, Germany's finance minister and vice chancellor since 2018, was otherwise occupied in Berlin.

One might think that other eurozone countries would be filled with anxiety as they tracked Germany's election and its aftermath, given its outsized weight in determining the EU's common economic and financial policies. But the reality is that Europe is hardly worried at all.

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Publisher: Foreign Policy
Date: 1633683903
Author: Caroline de Gruyter
Twitter: @ForeignPolicy
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Economics in Brief: New York City Libraries Eliminate Late Fees

The New York Public Library announced that it will be erasing all late fees on patron accounts, and eliminating all new late fees going forward. The decision went into effect on Oct. 5, with Queens and Brooklyn Public Libraries making similar adjustments to their policies.

Twitter: @NextCityOrg
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Bye Week Mailbag: SweeTARTS® economics, fixing the defense, transfer updates and more - Inside NU

Needless to say, it's been a long start to the season for the Northwestern Wildcats. After some optimistic observers prophesied that NU would arrive at its bye week undefeated, the 'Cats have instead reached their break in the season 2-3, with wins only against measly Indiana State and Ohio.

Daniel: Sources are saying that Scott Frost chucked an ear of corn at Pat Fitzgerald pre-game, then flashed his 2013 Blackberry in Fitz's face, thus hypnotizing him for the duration of Satuday's game. No wonder they didn't go for two after the first touchdown.

Publisher: Inside NU
Date: 2021-10-08T10:01:04-05:00
Author: Daniel Olinger
Twitter: @insidenu
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Tech economics professor honored with $1 million scholarship | La Vida | dailytoreador.com

One day, around 2 a.m., John Sellers called his former Texas Tech professor Rashid B. Al-Hmoud, an associate professor of economics and director of graduate studies for the department.

Al-Hmoud found out Sellers was preparing to gift the Tech Department of Economics a $1 million scholarship under Al-Hmoud's name. Al-Hmoud said Sellers had been wanting to do this for a while, and he wanted their names to always be tied together through this scholarship.

Publisher: The Daily Toreador
Author: Ashley To Staff Writer
Twitter: @DailyToreador
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Under-insured patients: What physicians need to know

Sara R. Collins, Ph.D., has spent nearly two decades studying insurance affordability and coverage as a vice president of The Commonwealth Fund.

Sara Collins: Since about 2003, we have been tracking though our biennial health insurance survey the number of adults who are insured all year but have high out-of-pocket costs or deductibles relative to their income.

Publisher: Medical Economics
Twitter: @Medical Economics
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A lesson in economics at the fair | Columns | commercial-news.com

The Warren County agricultural fair moved from Independence to in Pine Village in 1856. The fairs continued to be held at Pine Village until 1874. In 1858, an Independence storekeeper thought it would be a good idea to have a refreshment stand at the fair.

The merchant was conducting a good amount of business when a man with a two-legged calf asked to put up a large tent on the lot. The merchant told the man he would have to pay him five dollars, which he paid.

Publisher: Commercial News
Author: Terri Wargo
Twitter: @commercialnews
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The flaws in the Nobel Prizes in medicine, physics, chemistry, and economics - Vox

A biologist critiques one of the highest honors in science and proposes a new way to reward humanity's biggest discoveries.

This week, various Swedish and Norwegian organizations are coming together to announce the Nobel Prizes — six awards in total, including four in the sciences. Each award comes with a medal, more than a million dollars, and lots of press.

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Publisher: Vox
Date: 2021-10-06T10:00:00-04:00
Author: Byrd Pinkerton
Twitter: @voxdotcom
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Mastercard Economics Institute: U.K., U.S.

Drawing on the Mastercard Economics Institute's new Small Business Performance Index* of aggregated and anonymized sales activity within the Mastercard network, Recovery Insights: Small Business Reset identifies several key trends:

Twitter: @Yahoo
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