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Keyword: economist

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  • 'Bond vigilantes' are saddled up and ready to push rates higher, says economist who coined the term

    02/09/2018 3:07:38 PM PST · by NRx · 3 replies
    CNBC ^ | 02-09-2018 | Michelle Fox
    There's reason to be concerned about bond vigilantes, who are no longer under "lock and key" and are free to push yields higher, Wall Street veteran Ed Yardeni told CNBC on Friday. Yardeni, a market historian, coined the term bond vigilantes in the 1980s to refer to investors who sell their holdings in an effort to enforce fiscal discipline. Having fewer buyers drives prices down — and drives yields up — in the fixed-income market. That, in turn, makes it more expensive for the government to borrow and spend. "They had been sort of put under lock and key by...
  • The Economist Went There – Shockingly Un-PC Study Shows Whites Work Hardest, Longest

    11/20/2017 11:43:00 PM PST · by blam · 67 replies
    Newz Sentinel ^ | 11-21-2017
    A trio of labor economists suggest that effort at work is correlated with race… As The Economist writes, given the long history of making racial slurs about the efforts of some workers, any study casting black and Hispanic men as lazier than whites and Asians is sure to court controversy. But, a provocative working paper by economists Daniel Hamermesh, Katie Genadek and Michael Burda sticks a tentative toe into these murky waters. They suggest that America’s well-documented racial wage gap is overstated by 10% because minorities, especially men, spend larger portions of their workdays not actually working. Uncomfortable though the...
  • Why you should get out of the stock market — now

    02/14/2017 10:53:54 AM PST · by DFG · 73 replies
    Dallas Morning News ^ | 02/13/2017 | Laurence Kotlikoff
    Smart economists never predict the stock market. Our theory tells us that it's impossible. Leaving aside inside information, everyone already knows what we know and has traded on this old news and moved stock prices accordingly. Princeton economist Burton Malkiel popularized this point in his famous book A Random Walk Down Wall Street. The fact that only "new news," things that people don't yet know or expect, should change stock prices means that stock movements are supposed to be random — that is, unpredictable.
  • Bill and Hillary Inc.

    09/30/2016 2:44:37 PM PDT · by Lorianne · 10 replies
    Economist ^ | 01 October 2016
    SEVERAL years ago your correspondent attended a talk that Bill Clinton gave to the rich and powerful of a megacity in Asia. On a sweltering night the former president discussed his philanthropic foundation and the global battle against AIDS, climate change and poverty. The host, the boss of a local bank, then asked Mr Clinton to give the audience a special insight into whether his wife would run again for president. Mr Clinton sidestepped the question—while trying to give the star-struck crowd a sense that they really had a window into American power. His financial disclosures later indicated he was...
  • The new political divide [Globalists of the world, unite!]

    07/28/2016 5:55:51 PM PDT · by oblomov · 14 replies
    The Economist ^ | 30 Jul 2016 | Economist editorial board
    Farewell, left versus right. The contest that matters now is open against closed AS POLITICAL theatre, America’s party conventions have no parallel. Activists from right and left converge to choose their nominees and celebrate conservatism (Republicans) and progressivism (Democrats). But this year was different, and not just because Hillary Clinton became the first woman to be nominated for president by a major party. The conventions highlighted a new political faultline: not between left and right, but between open and closed (see article). Donald Trump, the Republican nominee, summed up one side of this divide with his usual pithiness. “Americanism, not...
  • The Economist: Trump presidency one of top 10 global risks

    03/16/2016 9:22:18 PM PDT · by Citizen Zed · 42 replies
    The Hill ^ | 3-16-2016 | Mark Hensch
    The Economist magazine on Wednesday named a potential Donald Trump presidency as one of its top 10 global risks. “In the event of a Trump victory, his hostile attitude to free trade, and alienation of China and Mexico in particular, could escalate rapidly into a trade war — and at least scupper the Trans-Pacific Partnership [TPP] between the U.S. and 11 other American and Asian states signed in February 2016,” the Economist Intelligence Unit wrote in its assessment. “His militaristic tendencies towards the Middle East (and ban on all Muslim travel to the U.S.) would be a potent recruitment tool...
  • Who is the Real Con Man: Ryan or Krugman?

    10/17/2015 5:56:12 AM PDT · by Kaslin · 13 replies
    Townhall.com ^ | October 17, 2015 | John C. Goodman
    Writing about Republicans in U.S. House of Representatives, New York Times columnist Paul Krugman says Paul Ryan is “basically, the best con man they’ve got.” He goes on to characterize the modern Republican Party” as “a post-policy enterprise, which doesn’t do real solutions to real problems.” We think the reverse is true. It is Paul Krugman who is the con artist with no real solutions to our most important economic problems. Paul Ryan, by contrast, has put forth bold policy proposals that have been favorably scored by the Congressional Budget Office (CBO) and are actually closer to mainstream economic thinking...
  • The Economist Calls Victory For "No" Camp: Sees 60% Voting "Oxi"

    07/05/2015 10:33:29 AM PDT · by Enlightened1 · 18 replies
    Zero Hedge ^ | 07/05/15 | Tyler Durden
    Can't wait 4 more hours until the first official results from the Greek referendum trickle in? The "Intelligence Unit" of the Economist Group, part-owned by the Rothschild banking family, has already called it and the "Oxis" have it by a wide margin.
  • Economist at Dept. of Labor deletes tweet calling Christians NAZIS over Indiana law

    03/29/2015 2:31:08 PM PDT · by Nachum · 48 replies
    The Right Scoop ^ | 3/29/15 | soopermexican
    This is the kind of thing that would get you fired anywhere else, but when the taxpayer is made to pay for these bigots’ paycheck, they usually get a promotion for insulting the American public. She has deleted the tweet which reads, “people in the red states vote for nazis to govern, and then call themselves Christian, it will not end well for them. #BoycottIndiana”. Now first off, that’s a run-on sentence. You would think an economist would have a better grasp of the English language. Read more: http://therightscoop.com/economist-at-dept-of-labor-deletes-tweet-calling-christians-nazis-over-indiana-law/#ixzz3VoS8EPdT
  • Gun Watch Refered to in Economist Comment

    02/18/2015 5:20:35 AM PST · by marktwain · 8 replies
    Gun Watch ^ | 16 February, 2015 | Dean Weingarten
    A very well written comment in the Economist refers to the Gun Watch article on the comparison of European Murder rates to those in the United States.   It is so well done that I will quote it in its entirety.  From the Economist comments section, kudos to guest-sosaoel: I'll give the author credit for trying to be reasonable as well as thanks for having the integrity to try shooting for himself. However I must correct a number of glaring errors. We oppose gun control because it has never been credibly demonstrated to work. Ever. Yes, there have been some...
  • The Oceans Ate Global Warming?

    09/15/2014 6:16:41 AM PDT · by Moseley · 49 replies
    American Thinker ^ | September 15, 2014 | Jonathon Moseley
    In Alice in Wonderland, by Lewis Carroll, Alice says she cannot believe impossible things. The Queen of Hearts is surprised: “When I was younger, I always did it for half an hour a day. Why, sometimes I've believed as many as six impossible things before breakfast.” Therefore, suppose we compare two events: 1.Global warming advocates argue that the oceans are absorbing the extra heat that their computer models predicted, which has mysteriously vanished. The missing heat over the last 18 years has been going into the oceans. 2.Yet, the Arctic Sea Ice Cap aound the North Pole has grown by...
  • Obama's Former Chief Economist Calls For An End To US Dollar Reserve Status

    09/08/2014 6:37:03 PM PDT · by Nachum · 19 replies
    zero hedge ^ | 9/8/14 | Authored by Jared Bernstein, originally posted Op-Ed at The NY Times,
    There are few truisms about the world economy, but for decades, one has been the role of the United States dollar as the world’s reserve currency. It’s a core principle of American economic policy. After all, who wouldn’t want their currency to be the one that foreign banks and governments want to hold in reserve? But new research reveals that what was once a privilege is now a burden, undermining job growth, pumping up budget and trade deficits and inflating financial bubbles. To get the American economy on track, the government needs to drop its commitment to maintaining the dollar’s...
  • "Racist" book review removed from Economist Website

    09/05/2014 3:49:06 PM PDT · by Ennis85 · 22 replies
    Economist ^ | 09/05/2014 | John Carey
    So I was reading an online review of the book "“The Half Has Never Been Told: Slavery and the Making of American Capitalism” that was critical of the assertions made in said book that slavery was significant in the growth of the US economy. The next day I came to look at it again and found out it had been removed. The reason because apparently quite a number of people had found it racist and offensive. This is the review itself in its entirety before it was removed: “FOR sale: a coloured girl, of very superior qualifications…a bright mulatto, fine...
  • Obama's Former Chief Economist Has Some Words Of Encouragement For US Workers

    08/01/2014 6:48:37 PM PDT · by Nachum · 16 replies
    zero hedge ^ | 8/1/14 | Tyler Durden
    The minimum-wage-hiker-in-chief will not be happy this morning. Former Obama administration economist Alan Krueger has some choice words for the hope-filled living-wage seekers of America: *KRUEGER SAYS WORKERS NEED TO 'RATCHET DOWN WAGE EXPECTATIONS' Isn't it odd how quickly the views of ethical economists change once they have tenure and the shackles of government-servitude are removed. We don't remember hearing Krueger arguing that a 'fair' wage is a little much to expect in the current environment. It would appear Mr. Krueger should stop being cynical and just get hopey.
  • Sowell: Gary Becker (1930-2014)

    05/05/2014 2:56:25 PM PDT · by jazusamo · 13 replies
    Creators Syndicate ^ | May 5, 2014 | Thomas Sowell
    Nobel Prize-winning economist Gary Becker was internationally renowned within the economics profession, but was not nearly as well known among the general public as he deserved to be. More important, his path-breaking ideas, including his analysis of the economics of racial discrimination, deserved to be much more a part of the many discussions of that subject. More than half a century after Professor Becker's landmark work on the economics of discrimination, most controversies on that subject, both in the media and in politics, go on in utter ignorance of his penetrating insights. So do laws and policies that make discrimination...
  • "Insatiable" Idiocy from the Economist on What to Do About Russia

    04/21/2014 8:51:25 AM PDT · by Kaslin · 12 replies
    Townhall.com ^ | April 21, 2014 | Mike Shedlock
    In "Insatiable" the Economist says "The cost of stopping the Russian bear now is high—but it will only get higher if the West does nothing". Economist: Mr Putin has used the Ukrainian crisis to establish some dangerous precedents. He has claimed a duty to intervene to protect Russian-speakers wherever they are. He has staged a referendum and annexation, in defiance of Ukrainian law. And he has abrogated a commitment to respect Ukraine’s borders, which Russia signed in 1994 when Ukraine gave up nuclear weapons. Throughout, Mr Putin has shown that truth and the law are whatever happens to suit him...
  • Fmr. RNC Economist: Economy Isn't Good - CNN Crossfire Video

    12/07/2013 7:05:45 AM PST · by Son House · 8 replies
    CNN ^ | December 6, 2013 | CNN Crossfire
    Nancy Pfotenhauser, David Madland, S.E. Cupp & Jennifer Granholm debate the latest job numbers.
  • The 20 Greatest Quotes From Walter Williams

    06/18/2013 5:03:00 AM PDT · by Kaslin · 26 replies
    Townhall.com ^ | June 18, 2013 | John Hawkins
    Walter Williams is a veteran, a professor of economics at George Mason University, a syndicated columnist, a fill-in host for Rush Limbaugh and an author of eight books. Williams has one of the finest minds in America as you're about to see as you read these quotations. 20) How many times have we heard “free tuition,” “free health care,” and free you-name-it? If a particular good or service is truly free, we can have as much of it as we want without the sacrifice of other goods or services. Take a “free” library; is it really free? The answer is...
  • Econ Love Ballad

    05/07/2013 11:01:17 AM PDT · by ancientart · 2 replies
    YouTube ^ | May 6, 2013 | Richard Marmorstein
    This video is for the 'Economics Music Video Contest' sponsored by Fayetteville State University's Hackley Endowment. These are students at Washington and Lee University working under Dr. Tim Diette.
  • The Warmist Crisis [Global Warming Becomes a Hot Topic]

    04/09/2013 5:36:47 AM PDT · by Moseley · 13 replies
    The AMERICAN THINKER ^ | April 9, 2013 | Jonathon Moseley
    The Warmist conspiracy has reached a critical point, with doubters in the establishment speaking out. One of Sweden's top climatologists now admit global temperatures have barely changed (translated from Swedish): "The Earth appears to have cooling properties that exceeds the previous thought ones, and that computer models are inadequate to try to foretell a chaotic object like the climate, where actual observation is the only way to go." In March, a scientific study "Orbital forcing of tree-ring data" found that global warming is caused by that big yellow thing in the sky. Earth's orbit varies over the centuries. Changing distance...