Thursday, February 27, 2025

Adam Smith's influence on three Jane Austen Novels

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The three articles linked below were all written by Shannon Chamberlain, a professor at St. John's College in Santa Fe, New Mexico. They...
Wednesday, February 26, 2025

As U.S. Sales Fall, Companies Struggle to Find Right Price

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When I taught, I always told my students that it was not easy to start and run a business. There are many decisions to make, including what ...
Monday, February 24, 2025

Why Your Valentine’s Chocolate Is Getting More Expensive

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Cocoa futures have climbed more than 80% since this time last year By Owen Tucker-Smith of The WSJ . Excerpts: "cocoa futures . . . end...
Sunday, February 23, 2025

What Trump’s Plan to Stop Minting Pennies Means for Consumers

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The need for a penny has long been questioned, but some fear getting rid of it could push up prices By Oyin Adedoyin and Dalvin Brown of The...
Saturday, February 22, 2025

Buy the House First, Get Married Later: Couples’ New Math

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Unmarried home buyers say they are giving priority to a financial foundation over a legal one By Dalvin Brown and Paul Overberg of The WSJ ....
Thursday, February 20, 2025

Joseph Schumpeter, Capitalism and Intellectuals

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See Socialists, Knowledge of History and Agency . These are letters to the editor of The WSJ in response to an article about socialism by...
Wednesday, February 19, 2025

Some economics of A.I.

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See  Is Artificial Intelligence Really Worth the Hype? After the arrival of a less costly A.I. model from China, U.S. markets and academics ...
Tuesday, February 18, 2025

Who Says Entrepreneurs Are Heroes?

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Remarks prepared by me for the first HERO'S JOURNEY ENTREPRENEURSHIP FESTIVAL, March 31st, 2007 at Pepperdine University Given that ...