Nishan Thapaliya

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The 11 best books for beginning investors

Both Warren Buffett (who used to read 1,000 pages a day when he was starting out) and Charlie Munger (who often advises young investors to "develop into a lifelong self-learners through voracious reading") credit their habit of reading as a major contributor to their success. Ben Graham was an even …

What does it mean to be “economically literate” anyway?

2016-03-25T10:00:01.000Z<p>By: Matthew C Klein<p>A well-rounded education should give some understanding of economics and finance. So, in principle, it’s a …

The stock market is a 'dangerous casino' that's disconnected from the real economy

While I think the Bureau of Labor Statistics (BLS) establishment survey isn't worth the paper it's manipulated on, it did take a drastic turn for the worse.<p>So doing, it thereby monkey-hammered the recovery narrative of the Keynesian chorus on Wall Street and at the Fed.<p>In fact, the alleged 245,000 …

Obama: US economy 'envy of the world', but jobs slowdown is Congress's fault

The Obama administration sent a clear message on Friday: if anyone is to blame for the US economy slowdown, it is Congress.<p>US economy's jobs slowdown raises doubts about interest rate rise<p>Read more<p>Both Barack Obama and Labor Secretary Tom Perez pointed to congressional inaction on issues like the …

Economics

Opinion: 10 questions will tell your survival chances in 2016 bear market

Yes, the Wall Street stock market casino will lose $10 trillion when we get a new president ... yes, it’s “only a matter of time before the next …

China's big response to climate change just turned the tables on Obama's foes in Congress

"It's not a big problem at all," the leader in opinion polls for the Republican presidential nomination told a radio talk show host. "If you look at China, they're doing nothing about it."<p>This week, Chinese President Xi Jinping came to Washington and agreed to take new measures.<p>Standing alongside …

You Can’t Understand China’s Slowdown Without Understanding Supply Chains

<i>HBR STAFF</i><p>The last few weeks have brought news of turmoil in China, including currency devaluations, an economic slowdown, and a stock market plunge. Most economists, including those at the the IMF, think it is premature to talk about an economic crisis. While I agree, I nonetheless believe that the …

House of Cards Becomes a Workplace Drama in Season 3, With Mixed Results

The third season of the political thriller, which drops on Netflix on February 27, is still engaging, if a little less exciting.<p>Last year, I learned my lesson about judging a <i>House of Cards</i> season too quickly. Based on the first four episodes, Season 2 seemed like a borderline campy trifle, arch and …

OPEC Losing Its Grip? No, The Saudis Are Partying Like It's 1981

Falling oil prices have provided the equivalent of a $1 billion-a-day tax cut to U.S. consumers. That’s the good news.<p>The bad news is despite all the crowing about OPEC losing its ability to control oil prices, quite the opposite might be happening. The Organization of the Petroleum Exporting …