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Keyword: economics

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  • The ‘Dating Market’ Is Getting Worse: The old but newly popular notion that one’s love life can be analyzed like an economy is flawed—and it’s ruining romance.

    02/26/2020 6:02:27 AM PST · by C19fan · 75 replies
    The Atlantic ^ | February 25, 2020 | Ashley Fetters and Kaitlyn Tiffany
    Ever since her last relationship ended this past August, Liz has been consciously trying not to treat dating as a “numbers game.” By the 30-year-old Alaskan’s own admission, however, it hasn’t been going great. Liz has been going on Tinder dates frequently, sometimes multiple times a week—one of her New Year’s resolutions was to go on every date she was invited on. But Liz, who asked to be identified only by her first name in order to avoid harassment, can’t escape a feeling of impersonal, businesslike detachment from the whole pursuit. “It’s like, ‘If this doesn’t go well, there are...
  • Bain Capital Merges ChinData with Bridge Data Centres to Establish Pan-Asian Data Centre Strategy

    02/07/2020 6:53:28 PM PST · by Clarence The One Eyed Lion · 19 replies
    BainCapital.com ^ | July 25, 2019 | Annabel Arthur / Yan Jiang
    HONG KONG, July 25, 2019 – Bain Capital today announced the merger of ChinData, a leading Chinese operator of campus-style, hyperscale data centres, and Bridge Data Centres, a wholesale and custom build data centre company, to form one of the leading pan-Asian data centre platforms. The new parent Company, ChinData Group, will continue to operate under the ChinData and Bridge brands respectively. Bain Capital acquired ChinData in May 2019 from Wangsu Science & Technology Co. Ltd and has owned Bridge Data Centres since 2017.The combined company delivers hyperscale, wholesale and custom-build data centre solutions to leading regional and global customers,...
  • Coronavirus tests U.S. medical system's unhealthy reliance on China for drugs, supplies

    02/06/2020 1:02:04 PM PST · by Oldeconomybuyer · 25 replies
    NBC News ^ | February 6, 2020 | By Tim Morrison, senior fellow at the Hudson Institute
    Chinese President Xi Jinping recently warned of the “grave” situation posed by the “accelerating spread” of the coronavirus in China. Xi’s frank warnings were unusual for the seniormost official of the Chinese Communist Party and reveal the depth of the concern at the highest levels of the country’s leadership. While many are rightfully concerned about stopping the virus, few are focused on the fact that the more it spreads, the more the U.S. ability to treat any Americans who are stricken is vulnerable to the tender mercies of the Chinese Communist Party because of a strategic shift in health care...
  • Russia GDP Growth Almost Halves in 2019

    02/03/2020 10:24:34 AM PST · by CondoleezzaProtege · 9 replies
    Moscow Times ^ | Feb 2020
    The pace of growth in the Russian economy fell by almost half last year, fresh economic data released Monday has shown. Russia’s GDP grew by 1.3% in 2019, the Russian state statistics agency, Rosstat said. That compares with an official expansion rate of 2.5% recorded in 2018, and is the weakest annual growth since Russia emerged from economic crisis in 2016. Despite the slow-down, the economy did pick up in the final half of the year, managing to beat pessimistic forecasts from organizations such as the World Bank and International Monetary Fund (IMF) that had suggested Russia would struggle to...
  • Trump’s 36 Month Scorecard

    01/23/2020 4:32:59 PM PST · by RobaWho · 15 replies
    Self ^ | Jan 23, 2020 | Rob Cunningham
    93% Negative Media Coverage 92% GOP Voter Approval 83% Farmer Approval 42% Hispanic Approval 34% Black Approval 3.5% Unemployment <2% Inflation 7M+ New Jobs in 3 Years 7M+ Liberated from Welfare Dependancy $20 Trillion New Market Wealth Biggest Trade Deals in World History: (China, Japan, SKorea, Mex, Canada, UK-soon) 2 Most Vile Terrorist Dead ISIS Obliterated Iran Neutered 1 Terrorized DC Political Swamp Hollywood/DNC/Weinstein/Epstein Linked FakeNews/Swamp Alliances Exposed FBI/CIA/NSA/State/Media Incest Exposed 8 Regulations Cut for 1 New Reg Enacted
  • Will the Economy in 2020 Roar or Whimper?

    01/07/2020 6:46:32 AM PST · by Kaslin · 13 replies
    Townhall.com ^ | January 7, 2020 | Stephen Moore
    Let's face it: 2019 is going to be a hard year to beat -- stocks and 401(k) plans up more than 25% on average, wage gains of 3% to 5%, 7 million surplus jobs and the lowest unemployment and inflation rates in nearly 50 years. That's a lot to celebrate. Booms like this don't happen by accident. The imperative is for Republicans to connect the dots between this banner year for the middle class and tax cuts, deregulation policies and pro-America energy production initiatives. So, will 2020 continue the winning streak? The only thing that we know for sure is...
  • The Forgotten Depression of 1920

    01/02/2020 8:24:17 AM PST · by Maceman · 29 replies
    It is a cliché that if we do not study the past we are condemned to repeat it. Almost equally certain, however, is that if there are lessons to be learned from an historical episode, the political class will draw all the wrong ones — and often deliberately so. Far from viewing the past as a potential source of wisdom and insight, political regimes have a habit of employing history as an ideological weapon, to be distorted and manipulated in the service of present-day ambitions. That's what Winston Churchill meant when he described the history of the Soviet Union as...
  • Milton Friedman Speaks - Myths That Conceal Reality

    12/28/2019 9:51:07 PM PST · by samtheman · 17 replies
    I wish I knew when and where this speech took place. The Date Published Jul 31, 2012 is the data it was posted on YouTube. The purpose of my posting this on the eve of 2020 (the start of the new Roaring 20s) is to highlight Friedman's thoughts on the cause of the Great Depression (which ended the last Roaring 20s).
  • $15 minimum wage amendment makes 2020 Florida ballot

    12/23/2019 8:22:00 PM PST · by Tolerance Sucks Rocks · 106 replies
    The Orlando Sentinel ^ | December 19, 2019 | Steven Lemongello
    Floridians will vote next year on whether to raise the state’s minimum wage to $15 an hour by 2026, an amendment initiative led by Orlando attorney John Morgan that’s already drawing opposition from Republican leaders and the business community. The initiative that will be called Amendment 2 made the November ballot after its wording was approved by the Florida Supreme Court in a decision released Thursday. Court review was the last obstacle to getting the measure on the ballot after Morgan’s Florida For A Fair Wage collected more than 770,000 of the required 766,200 signatures. The amendment would raise the...
  • Morality of Free Markets

    12/11/2019 3:56:21 AM PST · by Kaslin · 4 replies
    Townhall.com ^ | December 11, 2019 | Walter E. Williams
    Dr. Richard Ebeling, professor of economics at The Citadel, The Military College of South Carolina, and my longtime friend and colleague, has written an important article, "Business Ethics and Morality of the Marketplace," appearing in the American Institute for Economic Research. Its importance and timeliness is enhanced by so many of America's youth, led by academic hacks, having fallen prey to the siren song of socialism. In a key section of his article, Ebeling lays out what he calls the ethical principles of free markets. He says: "The hallmark of a truly free market is that all associations and relationships...
  • How Liberals Defend Theft

    11/23/2019 6:03:46 AM PST · by Kaslin · 16 replies
    Townhall.com ^ | November 23, 2019 | John C. Goodman
    Imagine two thieves about to rob a bank. Before they consummate the act, they discuss the ethics of what they are about to do. Is there some moral argument in favor of it? Is there a case against it? It’s hard to imagine such a conversation. Then again, there aren’t very many bank robbers around these days.There are, however, millions of people who believe in a different kind of theft. They think it’s OK for the government to steal your money and mine for their benefit. They think that’s more than OK. They refuse to vote for politicians who don’t...
  • Why Students Should Still Pick a History Major

    11/22/2019 6:32:21 AM PST · by karpov · 45 replies
    James G. Martin Center for Academic Renewal ^ | November 22, 2019 | Jacob Bruggeman
    Since the 2008 financial crisis, the history field has seen a precipitous decline in the number of bachelor’s degrees awarded in American colleges. As Benjamin Schmidt, a historian at Northeastern University, reported in the American Historical Association’s Perspectives, the number of history degrees awarded fell by 30 percent—from 34,642 to 24,266 in just nine years from 2008 to 2017. History’s steep decline is not an anomaly, but part and parcel of a broader “crisis” in the humanities. STEM has steamrolled these disciplines on college campuses: Computer science has more than doubled its students between 2013 and 2017. Moreover, critics have...
  • Mayor Pete’s Latest Trillions: His ‘economic’ agenda is all spending and taxes and no growth.

    11/11/2019 5:52:31 AM PST · by karpov · 15 replies
    Wall Street Journal ^ | November 10, 2019
    Pete Buttigieg is getting a hard look from anxious Democrats. ... As a result, he’ll be getting more scrutiny for his ideas, and on Friday he released what he called “An Economic Agenda for American Families.” For a candidate who wants to occupy the moderate lane, Mr. Buttigieg’s policy details veer notably left. Some highlights: • $700 billion—presumably over 10 years, but the plan doesn’t specifically say—for “universal, high-quality, and full-day early learning.” That includes giving “lower-income families” free care “from birth through age five.” • $500 billion “to make college affordable.” That means free tuition at public universities for...
  • How FDR Systematically Destroyed Business Investment For 11 Years

    10/22/2019 7:27:06 AM PDT · by Perseverando · 30 replies
    TownHall.com ^ | October 21, 2019 | Jim Huntzinger
    Source: AP Photo/Craig Ruttle The great Austrian economist Murray Rothbard elucidated, “Before the massive government interventions of the 1930s, all recessions were short-lived.”[1] The deceptive narrative of collectivists about the “Roaring Twenties” and the New Deal goes like this: Capitalists and speculators went wild with greed in “The Roaring Twenties,” leading to a stock market crash and hard times. Banks closed, once prosperous workers sold apples on street-corners or became hobos in shanty-towns, while Republican President Herbert Hoover did nothing for the destitute and suffering nation. Then FDR arrived on the scene, inspiring new hope with his golden words...
  • Nobel Economics Prize for 2019 awarded to Abhijit Banerjee, Esther Duflo and Michael Kremer

    10/14/2019 3:47:08 AM PDT · by C19fan · 19 replies
    Reuters ^ | October 14, 2019 | Staff
    Economists Abhijit Banerjee, Esther Duflo and Michael Kremer won the 2019 Nobel Economics Prize for creating an experimental approach to alleviating global poverty, the Royal Swedish Academy of Sciences said on Monday. “This year’s Laureates have introduced a new approach to obtaining reliable answers about the best ways to fight global poverty,” the academy said in statement.
  • The Rush To Renewable Energy Defies Science, Economics, And Common Sense

    09/24/2019 8:57:23 AM PDT · by SeekAndFind · 24 replies
    Issues and Insights ^ | 09/24/2019 | Henry I. Miller and Andrew I. Fillat
    Whether it’s the Green New Deal, in which climate change abatement is only one of several radical proposals, or the general brainwashing of the younger generations about the impending end of the world, the absence of rational analysis and the willful ignorance of facts is counterproductive. Rather than promoting a feasible approach to dealing with climate change, the magnitude of which remains uncertain, the focus is on unfeasible approaches and unachievable goals. Leaders from around the world will be at it in earnest this week during the United Nations Climate Action Summit 2019. Many approaches to climate change are analogous...
  • How the Myth of the 'Robber Barons' Began—and Why It Persists

    09/14/2019 9:38:24 AM PDT · by TBP · 42 replies
    The Foundation for Economic Education (FEE) ^ | Friday, September 21, 2018 | Burton W. Folsom
    We study history to learn from it. If we can discover what worked and what didn’t work, we can use this knowledge wisely to create a better future. Studying the triumph of American industry, for example, is important because it is the story of how the United States became the world’s leading economic power. Free markets worked well; government intervention usually failed. The years when this happened, from 1865 to the early 1900s, saw the U.S. encourage entrepreneurs indirectly by limiting government. Slavery was abolished and so was the income tax. Federal spending was slashed and federal budgets had surpluses...
  • America Needs Jobs, Not Chinese Imports

    09/12/2019 7:22:08 AM PDT · by Thalean · 13 replies
    American Greatness ^ | September 12, 2019 | Spencer P Morrison
    J.P. Morgan estimates that President Trump’s tariffs will cost American families up to $1,000 next year. We have heard this before and we’ll hear it again. But the fact is that tariffs have not yet—nor will they likely—increase the cost of living. Further, the myopic obsession with the price of goods ignores the more pressing problem: millions of Americans remain chronically unemployed, and millions more have been reduced to surviving on part-time McJobs and welfare. Turns out, cheap goods aren’t so cheap if you don’t have a job.
  • 'Trump only understands if somebody wins and somebody loses'

    09/02/2019 4:28:18 AM PDT · by Eleutheria5 · 88 replies
    Arutz Sheva ^ | 2/9/19
    ..... Speaking at the conference, Fischer said: "The problem with Trump's approach to trade is that he doesn't understand trade. Trump only understands if somebody wins and somebody loses. Both sides profit if they have a head on them and they know how to conduct negotiations." "I understand that Trump is an expert on this," he added. Fischer also mentioned the book "The Art of the Deal," authored by Trump or someone who wrote it "in his name." "That's not what happens in international trade," Fischer said about the book. "Trump....simply does not understand, and if he does understand then...
  • Poverty, the Compassion Cartel, and Environmental Racism

    08/24/2019 2:43:21 PM PDT · by Twotone · 13 replies
    American Policy Center ^ | August 5, 2019 | Tom DeWeese
    In 2006, I was surprised to find myself sitting at a formal dinner in the middle of a 200-year-old debating society at Cambridge University in England. In a few minutes I, and five others were about to engage in a debate over the usefulness of the United Nations. But here, for a few minutes longer, at the long dinner table with the crisp, white tablecloth, I was sitting next to one of my fellow debaters, Salis Shetty, the head of the UN’s Millennium Project. I had ignored him through most of the dinner, but with just a few minutes left...