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Keyword: economics

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  • Constitution v. Novus Ordo Seclorum

    10/05/2022 12:50:37 PM PDT · by Frederick_R_Smith · 2 replies
    Frederick R. Smith Speaks Substack ^ | September 17, 2022 | Frederick R. Smith
    Currently, the discussion of sovereignty sees the Pavlovian retort bellowing the false notion of xenophobia. Or, more recently, it is touted as comparing nationalists to national socialism (Nazi). We can see that the collectivists are masters at linguistic gymnastics. For example, as the collectivist narrative goes, Trump is a nationalist and must be xenophobic at best or populist at worst. So, in reality, it is not about Trump but the Predator Global Psychopath (PGP) big club and their programmed sheep among us. Who are a the PGPs? We, the ordinary people who can still think, know “them” to be people...
  • Economics professor censured live on TV for suggesting US role in Nord Stream leaks

    10/04/2022 7:17:01 AM PDT · by JonPreston · 33 replies
    WION news ^ | 10/4/22 | C Krishnasai
    A Columbia university Economics professor was censured during a live TV interview when he suggested that US and Poland might be responsible for the mysterious leaks on the Nord Stream gas pipeline.He further claimed that several journalists have reported insinuating Washington for the sabotage of pipelines
  • Failing Introductory Economics. A Davidson professor bemoans the state of his classroom.

    10/03/2022 7:47:56 AM PDT · by karpov · 18 replies
    James G. Martin Center for Academic Renewal ^ | October 3, 2022 | Clark Ross
    In June 2014, I wrote a piece entitled “Reform Intro Economics” for Inside Higher Ed. There, I argued that then-current introductory economics courses were little changed from those of decades past. I further stated that the students of 2014 found the unrevised course somewhat unsatisfactory: Today’s students are … not accustomed to sitting through 50-minute lectures, taking detailed notes of material and techniques, the value of which has yet to be demonstrated to them. Thus, it is little wonder that more students do not elect [to take] introductory economics or, following the course, do not take more economics. I would...
  • Atlanta Fed GDPNow: 0.3, down from 0.5

    09/20/2022 8:43:31 AM PDT · by ConservativeInPA · 11 replies
    Atlanta Federal Reserve ^ | September 20, 2022 | Atlanta Federal Reserve
    Latest estimate: 0.3 percent — September 20, 2022 The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2022 is 0.3 percent on September 20, down from 0.5 percent on September 15. After this morning's housing starts report from the US Census Bureau, the nowcast of third-quarter residential investment growth decreased from -20.8 percent to -24.5 percent.
  • Deep State-Nazi Hidden Axis

    09/19/2022 11:50:52 AM PDT · by Red Badger · 10 replies
    New American ^ | 19 September 2022 | Daniel Natal
    The invisible government of the Deep State has long worked with the Nazis to accomplish its nefarious objectives, going back to the rise of Hitler. =============================================================== Witness Osh, Kyrgyzstan, a modest outpost in Central Asia. Boiling clouds enliven the sky as a breeze lazily strums the tall grass. Meanwhile a farmer tends his yaks, as clouds of gnats move across a meadow in a body like a mournful specter. Life here has gone on in a relatively unbroken pattern for thousands of years. But peasants have noticed something unusual appearing in the soil of late: train tracks. The construction is...
  • Census Bureau: 3.8 Million Americans Will Likely Be Evicted in Next Two Months

    09/03/2022 5:00:52 PM PDT · by millenial4freedom · 76 replies
    Gateway Pundit ^ | 08/29/2022 | Jim Hoft
    Those rising rents mean that households representing a total of 8.5 million people were behind on their rent at the end of August, according to Census Bureau figures. And 3.8 million of those renters say they’re somewhat or very likely to be evicted in the next two months. The combination of soaring inflation, the end of most eviction moratoriums and rental assistance payments and an extremely low vacancy rate has pushed rents up — and many renters out.
  • Home builders see ‘housing recession’ as builder sentiment index drops further in August

    08/15/2022 8:49:47 AM PDT · by ConservativeInPA · 16 replies
    Market Watch ^ | August 15, 2022 | Aarthi SwaminathanFollow and Greg Robb
    The home builder confidence index fell to 49 in August for the eighth straight month. Economists surveyed by the Wall Street Journal expected the number to be 54. The numbers: The National Association of Home Builders’ monthly confidence index fell 6 points to 49 in August, the trade group said Monday. The August reading of 49 is the first time since May 2020 that the index fell below a break-even measure of 50. One year ago, the index stood at 75. In January this year, the index was at 83. The decline was the eighth straight month in August. Economists...
  • New York Empire State factory gauge plunges in August deep into contraction territory

    08/15/2022 8:56:50 AM PDT · by ConservativeInPA · 11 replies
    Market Watch ^ | August 15, 2022 | Greg Robb
    General conditions index drops 42 points to negative 31.3 — the second largest decline on record The numbers: The New York Fed’s Empire State business conditions index, a gauge of manufacturing activity in the state, plummeted 42.4 points to negative 31.3 in August, the regional Fed bank said Monday. This is the second largest monthly decline on record and among the lowest levels in the survey’s history, the regional Fed bank said. Economists had expected a reading of 5.0, according to a survey by The Wall Street Journal. Any reading below zero indicates deteriorating conditions.
  • Have the markets bottomed, and is it safe to buy? Experts weigh in

    08/08/2022 8:26:58 AM PDT · by millenial4freedom · 37 replies
    AOL ^ | 08/07/2022 | Innes Ferre
    A recession? Don’t tell that to the stock market. The major averages ended positive for the week. That came after the best month for the S&P 500 (^GSPC) since November 2020. Granted, the Nasdaq Composite (^IXIC) is still 20% down year-to-date, and the S&P 500 is 13% in the red. But the recent rally in the markets has some investors wondering if we're watching a turning point, and if it's safe to buy. In continuation of our series “What to do in a bear market,” Yahoo Finance asked the experts.
  • Argentina’s Government Collapsing, People Refuse to Work Amid Major Subsidy Cuts Only 43 percent of adults have a job, as inflation soars above 60 percent

    07/30/2022 6:01:03 PM PDT · by dynachrome · 66 replies
    Epoch Times ^ | 7-27-22 | Autumn Spredemann
    Protests have erupted in Buenos Aires over the past 90 days and continue to build inside the capital as residents battle with their center-left government over sizeable amendments to social programs. Cuts to subsidies in the energy sector based on household income already began in June. Other subsidies, including the country’s notorious welfare program, are also on the chopping block, triggering thousands of angry residents to take to the streets. State-sponsored aid for civilians has soared in the past 20 years, leaving 22 million Argentinians dependent on some form of government assistance. However, for the 1.2 million members dependent on...
  • Does the American State Deserve Collapse?

    07/11/2022 6:47:43 AM PDT · by Diana in Wisconsin · 44 replies
    Economic Prison Blog ^ | July 8, 2022 | MN Gordon
    “Look back over the past, with its changing empires that rose and fell, and you can foresee the future, too.” – Marcus Aurelius What Took So Long? Monetary, fiscal, economic, political, and military affairs are tightly interwoven into the fabric of a nation. The primary thread extending throughout is the state’s endless desire to dominate and centralize the supply of money. Monetary policy, in this regard, always attends to the apparent wants of a country’s leaders and its ruling class. Sometimes, over an extended period, it may appear to enrich the general population. But that is merely the mirage of...
  • We Need to Remember What Reagan Knew About Economics

    06/17/2022 8:17:09 PM PDT · by ChicagoConservative27 · 17 replies
    Wall Street journal ^ | 06/16/2022 | Richard Vigilante
    How did John Rutledge know Reaganomics would be such a smashing success? In December 1981 the Journal ran a contrarian op-ed by Mr. Rutledge, then president of Claremont Economics Institute. It was the most prescient prediction by an economist I have ever read. Mr. Rutledge predicted that inflation would decline faster than expected; that interest rates would fall, not rise, despite the growing deficit; and the economy and financial markets wouldn’t slump, but soar. It all happened.
  • Retail spending UNEXPECTEDLY drops as vehicle sales plummet

    06/15/2022 2:47:01 PM PDT · by American Number 181269513 · 93 replies
    Axios ^ | June 15, 2022 | Courtenay Brown
    Consumer spending came to a halt last month: Retail sales fell 0.3% from the prior month, the Commerce Department said on Wednesday. Why it matters: Weak car sales weighed on retail sales, as vehicles got more expensive, shortages persisted and borrowing costs rose. Stripping out autos, ­re­tail sales actually rose 0.5%. Details: Overall retail sales eased from April's downwardly revised 0.7% increase. In May, consumers ramped up spending on services, including at food and beverage stores (+1.2%). Consumers cut back on goods, like furniture (-0.9%) and electronics (-1.3%). The bottom line: The unexpected drop in retail sales, which aren't adjusted...
  • I need help with ECON 101, why does government spending cause inflation?

    06/15/2022 5:22:33 AM PDT · by RaceBannon · 153 replies
    none | 6/15/22 | self
    I still cant fully understand how the printing of money causes inflation. Economies are normally driven by supply and demand at the basic level. . If I need something that everyone else needs, it tends that the people who make the product or supply the service will raise prices to make profit when fulfilling the sale side of this, the need of that product or service making more profit for the provider. . Supply can affect price, also, the scarcity of the product means it costs more, generally, because new means to provide the initial raw materials or shipping of...
  • Janet Yellen Seen Reading 'Economics For Dummies'

    06/02/2022 1:45:44 PM PDT · by DFG · 19 replies
    Babylon Bee ^ | 06/02/2022 | Babylon Bee
    WASHINGTON, D.C.—After admitting on national television that she had not anticipated the intensity and length of America's inflation pains, Treasury Secretary Janet Yellen was seen in her office poring over a copy of Economics for Dummies. The secretary, hired for her brilliance in possessing a checklist of acceptable physical characteristics, has been praised for her renewed desire to understand how moneys work. "Huh, I was way off when I said inflation risks were small and manageable," Yellen was overheard muttering to herself while using a crayon to circle the book's key principles about how money does not grow on trees....
  • Supply Chain Realities: The Trains are Too Long!

    05/10/2022 4:03:57 PM PDT · by Intar · 40 replies
    Railway Age ^ | April 25, 2022 | Matthew DeLay
    Main point of the article:“PSR has [made] engineer’s trains almost impossible to control. Shareholders roll the dice with communities, cities and the environment daily. They don’t live here. Trains have more than doubled in length. Imagine a train 16,400 feet in length weighing 17,500 tons: That is three miles, 560 feet and 35 million pounds. One train. And it is hauling hazmat, tanks of say, chlorine gas, or anhydrous ammonia. Just one tank car alone weighs 131 tons, that is 262,000 pounds. To give an example from history, 262,000 pounds of chlorine gas is approximately two-thirds of what the German...
  • Putin ceases economic relations with unfriendly countries

    05/08/2022 11:25:12 PM PDT · by ganeemead · 57 replies
    Brihteon ^ | Gonzalo Lyra
    Lyra makes a compelling case that European nations will collapse without food, oil, gas, and raw materials from Russia, while Russia is so close to self-sufficient that it can survive without anything from anybody. If he is right, then Germany, France, the UK, and others are basically committing suicide by toeing the deep-state line on Ukraine.
  • America Needs a Return to First Principles

    05/01/2022 12:46:25 PM PDT · by Wuli · 19 replies
    Wall Street Journal Opinion Page - Weekend Interview ^ | April 30, 2022 | Tunku Varadarajan
    The 21st century so far hasn’t been the best of times for America. First 9/11, then a financial crisis and deep recession, then a global pandemic without recent precedent. The economy has suffered, and politics has been upended. American self-confidence has been badly bruised, and public trust in institutions has plummeted. What can we do about it? That’s the question that John Cogan and Kevin Warsh, both policy veterans and Journal contributors, asked themselves in September 2020 when prompted by former secretary of state Condoleezza Rice. She had just taken over as director of Stanford University’s Hoover Institution, where both...
  • Russian firms back govt 'dictatorship' over banks

    11/11/2008 2:18:40 PM PST · by Tailgunner Joe · 1 replies · 83+ views
    Reuters ^ | Nov 11, 2008 | Oleg Shchedrov
    Yevgeny Primakov, who led Russia's government as it emerged from its previous financial crisis 10 years ago, said a "state dictatorship" was required to ensure tens of billions of dollars flowed through banks to their intended recipients in industry. "Our biggest concern is that the thrombosis of credit lines and the rise in banks' rates is leading to falling production," said Primakov, chairman of the Russian Chamber of Commerce and Trade, which unites and represents various Russian businesses. In an address to President Dmitry Medvedev at a Kremlin meeting attended by the heads of regional chambers, he said the rescue...
  • gross domestic product

    04/29/2022 8:49:20 AM PDT · by ConservativeInPA · 4 replies
    britannica.com ^ | Peter Bondarenko
    gross domestic product (GDP), total market value of the goods and services produced by a country’s economy during a specified period of time. It includes all final goods and services—that is, those that are produced by the economic agents located in that country regardless of their ownership and that are not resold in any form. It is used throughout the world as the main measure of output and economic activity. In economics, the final users of goods and services are divided into three main groups: households, businesses, and the government. One way gross domestic product (GDP) is calculated—known as the...