Friday, May 30, 2014

Piketty Responds To Financial Times Criticisms

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Piketty has taken the time to produce a 10 page response to the FT article which raised methodological questions about his research.  The F...

A Review Of How Putting A Price On Carbon Has Been Working In Some States and Nations

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Economists like the system of putting a price on carbon in order to reduce carbon emissions.  The easiest method is to put a tax on carbon e...

Why Capitalism Should Not Eat Its Children

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Mark Carney, the Governor of the Bank of England, did not mince words in a speech that he delivered at a conference on Inclusive Capitalism ...
Thursday, May 29, 2014

The Next Waves Of Automation And The Implications For Society

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The global economy is being transformed by technology and the use of those technologies by firms to rationalize the process by which goods a...
Wednesday, May 28, 2014

Industry Concentration In The US Is On The Rise

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One of the axioms in economics is that competition is the force which causes firms to provide value to its customers.  Of course, competitio...

Why GDP Per Capita Growth Does Not Improve Well Being In Rich Countries

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Ed Dolan raises an old debate and he provides his answer in this article.  The old debate centers around the relationship between GDP growth...
Tuesday, May 27, 2014

Paul Krugman On The EU Reaction To The European Election

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Paul Krugman was disturbed by one of the explanations offered for the rise of protest parties in much of Europe.  Krugman believes that it ...