Canada Makes Marijuana Legal, and a National Experiment Begins
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BUSINESS : ECONOMICS
On Wednesday, Canada becomes the first major world economy to legalize recreational marijuana, presenting the country with enormous public policy challenges.
What History Books Left Out About Depression Era Co-ops
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It would seem that a movement that provided livelihood for more than 300,000 people in California alone would merit discussion in the history books.
No, Trump’s Tax Cut Isn’t Paying for Itself (at Least Not Yet)
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Federal revenues rose slightly in the 2018 fiscal year. But that doesn’t mean the $1.5 trillion tax cut is bringing in more revenue than it’s losing.
Senior Treasury employee charged with leaking documents related to Russia probe
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The charges stem from a series of stories about suspicious financial transactions involving Trump associates.
Mike Pompeo Meets Turkish President to Discuss Saudi Journalist’s Fate
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President Trump said the United States had asked Turkish officials for what they say are recordings of the gruesome killing of Jamal Khashoggi by Saudi agents.
Chicken or beef... why not have both? Jollibee launches in Britain
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BUSINESS : ECONOMICS
A multibillion-dollar Asian rival to KFC will make its first foray into the UK on Thursday, opening in London’s Earl’s Court.
Mike Pompeo in Turkey as newspaper claims damning evidence against Saudi Arabia in Khashoggi case
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BUSINESS : ECONOMICS
After hearing fresh denials from Saudi royals, top U.S. diplomat in Ankara, where pressure is still mounting over Jamal Khashoggi's alleged murder
Denmark has the flattest work hierarchy in the world
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BUSINESS : ECONOMICS
Why being able to criticize your manager is crucial to your country's competitiveness in the economy of the twenty first century.
Report Offers Better Ways to Cut Traffic from New Development
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BUSINESS : ECONOMICS
What if instead of requiring developers to add parking or widen roads, we asked them to do things that discouraged driving and car ownership? That?s what Smart Growth America recommends.
US: China 'not a currency manipulator'
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BUSINESS : ECONOMICS
The US Treasury held back from blaming Beijing for holding down the value of China's currency.
The Public Student Loan Forgiveness Rescue Hasn’t Gone Well So Far
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BUSINESS : ECONOMICS
Federal relief for public servants needed its own relief effort. Nearly 30,000 have applied for the “temporary expanded” plan. Nobody has qualified yet.
In bid for healthier cities, Ethiopia is going green
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BUSINESS : ECONOMICS
Addis Ababa wants to create a healthy, functioning, liveable metropolis.
And the Nobel Prize goes to? Climate Economics
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BUSINESS : ECONOMICS
How newer research is building off Nordhaus? past contributions
IMF Blog - International Monetary Fund Blog
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BUSINESS : ECONOMICS
By Tobias Adrian October 10, 2018 ????, ??,
U.S. named world’s most competitive economy for the first time in 10 years, despite fraying social fabric
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BUSINESS : ECONOMICS
The U.S. was recognized for its innovation, strong labor market and financial system.
At stake in Khashoggi affair: control of the Arab world’s narrative
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BUSINESS : ECONOMICS
If human rights and a free press are fundamental values in the West, what obligations does it have to ensure the Khashoggi affair does not squelch voices of dissent across the Arab world, as many fear?
Trump Embarks on Bilateral Trade Talks to Pressure China
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BUSINESS : ECONOMICS
The White House is looking to create deals with many of the nations in the Trans-Pacific Partnership, the pact the president withdrew from.
Subscribe to read | Financial Times
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BUSINESS : ECONOMICS
White House has criticised pact as giving China an unfair advantage
The U.S. Is Ranked the World's Most Competitive Economy for First Time Since 2008
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BUSINESS : ECONOMICS
The U.S. surpassed Switzerland, which fell to No. 4 behind Singapore and Germany.
Why the fight against corruption is this generation's defining issue
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BUSINESS : ECONOMICS
On the first anniversary of the assassination of investigative journalist Daphne Caruana Galizia, we must remember what the sacrifice of heroes like her teach us, writes Isabel Cane.
Subscribe to read | Financial Times
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BUSINESS : ECONOMICS
Treasury says it remains concerned about recent weakness of the renminbi
US Regains Crown as Most Competitive Economy for First Time Since 2008
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BUSINESS : ECONOMICS
U.S. Regains Crown as Most Competitive Economy for First Time since 2008 - WEF; U.S. Beats Singapore to Top of Global Competitiveness Rankings
Subscribe to read | Financial Times
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BUSINESS : ECONOMICS
IPO resurgence includes one set to tie for its all-time record
On hitchhiking, circa 1969, from the comments - Marginal REVOLUTION
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BUSINESS : ECONOMICS
I hitchhiked across the U.S. twice in 1969. Here?s what my 18-year-old white, male, hippie self learned: 1. Expect to get picked up and propositioned by homosexuals. 2. Everybody is really interested in drugs and wants to get their hands on some. 3. Drugs quickly went from being the pastime of a small, hip elite, ?
How Does Economics Help Us Make Better Policy? Here are Four Examples
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BUSINESS : ECONOMICS
Economics can help us be better stewards, and it can help us make better public policy. Here are four examples--minimum wages, tariffs, price-gouging laws, and drug prohibition--where economics helps us see and explain the unintended consequences of well-intentioned policies.
Investors’ Big New Worry Is Hitting Small Stocks Hardest
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BUSINESS : ECONOMICS
Instead of being insulated, small companies are actually more likely than larger ones to be affected by rising interest rates.
This is what a smart city should do for its people
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BUSINESS : ECONOMICS
We can design more efficient and more ecological people-centred cities, which promote individual wellbeing and sustainable development.
Words of wisdom - Marginal REVOLUTION
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BUSINESS : ECONOMICS
Lant Pritchett’s new working paper, “Alleviating Global Poverty: Labor Mobility, Direct Assistance, and Economic Growth” should be required reading for every Effective Altruist.  Bottom line: Virtually all poverty reduction comes from economic growth and migration – not redistribution or philanthropy. That is from Bryan Caplan.
That was then, this is now - Marginal REVOLUTION
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BUSINESS : ECONOMICS
A Cincinnati newspaper printed a malevolent editorial proclaiming that [Andrew] Jackson?s mother was a common prostitute brought to this country by British soldiers.  thereupon she married a mulatto man with whom she had several children, among them Andrew Jackson.  Apprised of this far-fetched, scandalous tale, [John Quincy] Adams thought it absurd, but cynically went on ?
New York to Settle Inquiry of Rent-to-Own Trailer Park Firms
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BUSINESS : ECONOMICS
The agreement, which the attorney general’s office could announce Thursday, would give people who signed leases the right to recoup their deposits.
The disintegration of legitimacy in western democracies
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BUSINESS : ECONOMICS
Today's daily post is going to be more of a theme post, largely because the news flow warrants it. I have at least three articles in mind, which were
Wednesday assorted links - Marginal REVOLUTION
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BUSINESS : ECONOMICS
1. There is now a transcript of my earlier podcast with the excellent David Perell. 2. Is capitalism saving the bees? 3. Why WeChat did not take off in India. 4. A reactionary renaming. 5. Markets in everything. 6. Some crypto portraits from The New Yorker.
BBRG: Cheap Is Great, But Free Will Cost You - The Big Picture
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BUSINESS : ECONOMICS
Cheap Is Great, But Free Will Cost You Whenever a company offers something at no charge, that means the price is hidden and out of sight. Bloomberg, October 17, 2018
Quotation of the Day?
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BUSINESS : ECONOMICS
Tweet… is from page 101 of Eamonn Butler?s excellent 2018 monograph, An Introduction to Capitalism: There is actually plenty of planning in capitalism: individuals and firms make plans all the time. Those plans get constant and instant feedback from the daily decisions of customers on what they will or will not buy, and producers quickly […]
Impacts of Climate Change - The Big Picture
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BUSINESS : ECONOMICS
Cool set of graphics from CarbonBrief showing data from 70 peer-reviewed climate studies to show how global warming is projected to affect: Oceans, Ice, Temperature, Rainfall, Drought, Storms and flooding, Crops, Nature, Economy, & Health:
Fed Hawks Want to Chill Roaring US Economy - Live Trading News
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BUSINESS : ECONOMICS
Fed Hawks Want to Chill Roaring US Economy Despite sharp criticism from President Donald Trump for raising interest rates, Fed policymakers remain generally united on the need to raise borrowing costs further, according to minutes from their most recent policy meeting. Every policymaker backed the Fed’s September rate increase, according to the minutes of the Sept. ?
How to Be Creative (Ep. 354) - Freakonomics
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BUSINESS : ECONOMICS
There are thousands of books on the subject, but what do we actually know about creativity? In this new series, we talk to the researchers who study it as well as artists, inventors, and pathbreakers who live it every day: Ai Weiwei, James Dyson, Elvis Costello, Jennifer Egan, Rosanne Cash, Wynton Marsalis, Maira Kalman, and more. (Ep. 1 of the “How to Be Creative” series.)
Trump Channels Nixon Again: This Time, His Target Is the US Economy
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BUSINESS : ECONOMICS
GW Law professor and economist Neil H. Buchanan describes why President Trump’s recent attacks on the nation’s independent central bank, the Federal Reserve, is dangerous and worrisome. Buchanan explains the reason the Fed is independent of politics and highlights the importance of its continued existence and independence, regardless of who is in the White House.
Market Update: Dollar Pressure - OpenMarkets
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BUSINESS : ECONOMICS
Jack Bouroudjian dives into how upside pressure on the dollar is affecting foreign exchange markets. Meanwhile, it looks very likely...