Economics

The Limits of 'Made in America' Economics

Trump's widely-anticipated steel tariffs are likely to end up hurting the heartland.<p>The White House has branded this, the 29th week of the year, “Made in America” week. As part of the week, administration officials are promoting American products and outlining a strategy to roll back the North …

Joseph Stiglitz

What the Decline of the Dollar Means

The value of the dollar has fallen steadily since the beginning of 2017, erasing a sharp rise immediately after President Trump’s election.<p>To take one example, the number of euros that can be obtained for one dollar has declined to the lowest level in more than a year. The dollar has also declined …

Business

Think like an economist

follow us<p>omnivore<p>Think like an economist<p>Catherine Sophia Herfeld (Zurich): Between Mathematical Formalism, Normative Choice Rules, and the Behavioral …

Keynesian Economics

An action plan for Uber’s next chief executive

IT IS said that Travis Kalanick, who resigned as Uber’s boss last month, has been reading Shakespeare’s “Henry V”. Prince Hal’s transformation, from …

Uber

Only Free Markets Will Liberate Russia

Recently, Russia has been experiencing a positive trend in support of more political freedoms. While this move undoubtedly signals significant …

Foundation for Economic Education

The U.S. Special Relationship With Britain Needs a Rest

The U.K. is no longer a source of the kind of great ideas that shaped America's politics and culture.<p>Many Americans still regard Britain as the U.S.'s political and cultural parent. Despite the Revolutionary War and the War of 1812, the U.S. and the U.K. eventually developed a special relationship …

John Maynard Keynes

German Producer Price Inflation 0.0% vs. -0.1% forecast

<i>0</i><p>Recent Alerts<p>Sign up to create alerts for Instruments, Economic Events and content by followed authors<p>Sign up<p>Already have an account? Sign in<p>English …

Economic Data

Dirty coal to dirty politics: everything is connected through a malformed political economy

The life of our reef is intimately linked to the health of our politics and the future of our communities. Coal has no role to play<p>David Ritter is chief executive of Greenpeace Australia Pacific<p>Ten years ago, David Simon’s iconic TV series The Wire portrayed contemporary Baltimore as wracked by …

Climate

How Donald Trump is monetising his presidency

“PRETTY close to a laughing stock.” That is Walter Shaub’s verdict on America’s standing in the world, at least from an ethics point of view, under …

Donald Trump

The False Choice Between Vocational and Academic Education

« For Applied Learning to Work, a National Effort Is Required | Main<p>Vocational education is having something of a resurgence these days, after …

Education

The Fight Against Robots Is a Fight Against Prosperity

Those who rail against free trade as a job killer are beginning to grasp that they are boxing a shadow. The realization that jobs aren’t going to …

Robots

The Great Minimum Wage Debate

The minimum wage is way too low in most places, but a bit too high in a few<p>On July 1, millions of workers across the country got a raise. The states of Oregon and Maryland, as well as a number of cities and counties in Illinois, Arizona, and California raised their minimum wages. Yet these new …

Minimum Wage

Jeff Sessions's Pot War Is Up in Smoke in Nevada

By: Doug French <br>Thousands lined up to purchase recreational marijuana legally at 12:01 a.m. on July 1. At Euphoria Wellness, with a location in …

Austrian Economics

Detroit's NAFTA Plea: Germany And Japan Have Cheap Labor Neighbors -- Don't Take Away Mexico

The U.S. auto industry is watching closely to see what will come of the Trump Administration’s plan to renegotiate the North American Free Trade Agreement, part of the president’s effort to secure more U.S. manufacturing jobs.<p>As talks with Mexico and Canada get set to begin in mid-August, auto …

News (U.S.)

Together, technology and teachers can revamp schools

IN 1953 B.F. Skinner visited his daughter’s maths class. The Harvard psychologist found every pupil learning the same topic in the same way at the …

Education

Slow economic growth has many causes

This has not been an impressive recovery: economic growth has been slow in most countries since the global financial crisis. But why?<p>It is well-known …

Federal Reserve

Can economics solve financial injustice?

Joseph E. Stiglitz isn’t shy of tough questions. The Nobel Laureate of 2001 has been Chief Economist of the World Bank as well as Chairman of the …

Social Justice

UK retail sales recover in June, beating expectations

Investing.com – Retail sales in the UK rose more than expected in June, recovering slightly from the prior month’s slump and bolstering optimism over …

Economic Data

Shorten flags higher taxes for top end of town

Subsidies and tax increases previously considered off limits will be targeted by a Labor government in a push to address rising inequality, which …

Capital Gains Tax

Trump’s Modest Proposal for a Nafta Revamp - Bloomberg

Donald Trump has gone squishy by stages on the North American Free Trade Agreement, which he once called “the worst trade deal maybe ever signed …

United States

The world in brief, July 20th 2017 | Espresso

The four Arab countries that blockaded <b>Qatar</b> last month abandoned their original list of 13 demands, which the emirate had deemed “unrealistic”. …

Japan trade balance returns to surplus in June

Japan logged a trade surplus of nearly $4 billion in June, rebounding from a deficit the previous month, but its politically sensitive surplus with …

Japan

Trump's NAFTA could be big win for Amazon, e-commerce

President Trump finally revealed what he thinks a better trade deal looks like. And it could be good for Amazon.<p>The Trump administration this week published a list of goals for the upcoming renegotiation of NAFTA, the free trade agreement between the United States, Canada and Mexico.<p>There are no …

Trans-Pacific Partnership

Demonetisation aftermath: Lower-than-expected tax collections signal economy slowdown, says Kotak

The government believed more citizens would disclose their hidden incomes and pay taxes on them after the note ban.<p>Direct tax collections in the …

Indian Economy

Entrepreneurs Have Been Proving Experts Wrong Forever

There’s a long-standing tradition among scientists, engineers, and industrialists. Every new year, they make predictions about a future.<p>Is blockchain …

Foundation for Economic Education

Demand for exorcists is soaring in France

FOR A man poised for combat with evil spirits, Philippe Moscato looks remarkably at ease. In casual clothes and chatting about the tools of his …

Role of Indian SMEs to Achieve Economic Dominance

At present, SMEs contribute about 40% to the total industrial output, employ approximately 42 million people and generate 1 million new jobs every year<p>As per the recent study by Harvard University’s Center for International Development (CID), India will feature on top of the list of fastest growing …

India

Business/Robbery etc

Don’t blame Morrison for ‘good debt/bad debt’<p>July is a wonderful month, blessed by federal parliament not sitting and so temporarily depriving the Turnbull government of opportunities to buy more deficit-boosting parliamentary victories, like adding $5 billion to our national debt as the price of …

Business (UK)

Spending a Lot on Health Care Is the American Way

It's a nation of consumers: Big houses, the latest gadgets, huge hospital bills.<p>The U.S. has some of the most expensive medicine in the world, with health-care spending now almost 18 percent of gross domestic product. But why? And might we hope to get this spending down? Unfortunately, expensive …

Health Care

Macron under fire over defence spending, tax cuts and leadership style

The French president has boosted his profile on the world stage, but at home he faces discontent on several fronts<p>When the French president Emmanuel Macron donned an airforce uniform and boarded a military jet on Thursday, stressing his respect for the armed forces, it was his first big …

News (U.S.)