Wednesday, May 26, 2021

In Mexico, US energy firms face a 'slow rolling expropriation'

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By James Osborne . This article appeared in the San Antonio Express-News in Dec. 2020.  I use the book The Economics of Macro Issues . Chapt...
Tuesday, May 25, 2021

The hidden costs of corporate social responsibility

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By economists Guglielmo Briscese, Nick Feltovich and Robert Slonim .  "Companies often engage in activities of corporate social respons...
Monday, May 24, 2021

Unprosecuted shoplifting causes Walgreens to close stores in San Francisco

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See San Francisco’s Shoplifting Surge by Thomas Fuller of The NY Times.  In my macro courses we read a chapter in the book The Economics of...
Sunday, May 23, 2021

Chicken Shortage Sends Prices Soaring, and Restaurants Can’t Keep Up

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Spicy sandwiches, hot wings and a labor crunch push poultry prices to records By Heather Haddon and Jacob Bunge of The WSJ . Looks like a cl...
Saturday, May 22, 2021

Economic Growth Is Set to Surge. Hiring Might Not Keep Up.

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U.S. economy could face bottlenecks, wage and price pressures as labor demand outpaces supply By Sarah Chaney Cambo of The WSJ . Excerpts: ...
Friday, May 21, 2021

Births in U.S. Drop to Levels Not Seen Since 1979

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Millennials fuel continued downward trend in fertility rates   By Janet Adamy of The WSJ . Excerpts: "The number of babies born in Amer...
Thursday, May 20, 2021

Ohio sees surge in vaccinations after offering $5 million lottery

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By Christopher Brito of CBS News . Looks like the power of incentives is at work.   "Health officials in Ohio have reported a surge in ...
Wednesday, May 19, 2021

Does Economics Make You Selfish?

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From UMass Amherst . "Working Paper Number 2021-07 Publication Date 2021 Abstract It is widely held that studying economics...
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Tuesday, May 18, 2021

Mythology brings Jordan Peterson and Joseph Schumpeter together

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See The Man They Couldn’t Cancel by Barton Swaim of The WSJ. Excerpts: "He brings together a dizzying array of texts and traditions— ...
Monday, May 17, 2021

Per Capita Real GDP in The U.S., 1929-2020

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This is adjusted for inflation, in 2012 dollars. Here are the numbers:   Year Per Capita   Year ...