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Economics

Japan Starts to Recharge After Two Lost Economic Decades - NYTimes.com

Sunday, May 19, 2013
Category: Economics

From www.nytimes.com

It’s hard to tell if Japan’s new experiments in economic policy will work in the long run, but they have already caused world markets to take notice.

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What If We Never Run Out of Oil? - Charles C. Mann - The Atlantic

Thursday, May 2, 2013
Category: Economics

From www.theatlantic.com

If methane hydrate allows much of the world to switch from oil to gas, the conversion would undermine governments that depend on oil revenues, especially petro-autocracies like Russia, Iran, Venezuela, Iraq, Kuwait, and Saudi Arabia.

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The Economic Argument Is Over — And Paul Krugman Won Daily Ticker - Yahoo! Finance

Saturday, April 27, 2013
Category: Economics

From finance.yahoo.com

For the past five years, a fierce war of words and policies has been fought in America and other economically challenged countries around the world. On one side were economists and politicians who wanted to increase government spending to offset weakness in the private sector.

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Have Oil Prices Stabilized? Don′t Be Too Sure Commodities Minyanville′s Wall Street

Monday, April 8, 2013
Category: Economics

From www.minyanville.com

For investors, laying off oil-related investments probably makes sense in the short term, with economic recovery still half-hearted and production rising at a healthy clip. If and when the world economy returns to full strength, one should watch closely where the engine of prosperity is: US and Europe means less oil bang for the buck, Asia/emerging markets means more.

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Anatole Kaletsky on A New Capitalism FiveBooks The Browser

Monday, December 31, 2012
Category: Economics

From thebrowser.com

This is the fourth systemic crisis of capitalism, and it’s going to give rise to a new kind of capitalist system. One still based on private property, competition and profits, but fundamentally distinct from the classic capitalism of the 19th century " from the government-led Keynesian economics of the postwar period, and from the Reagan and Thatcher market fundamentalism of the last 30 years.

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Rise of the Robots - NYTimes.com

Thursday, December 13, 2012
Category: Economics

From krugman.blogs.nytimes.com

Robots mean that labor costs don’t matter much, so you might as well locate in advanced countries with large markets and good infrastructure (which may soon not include us, but that’s another issue).

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Yen Edges toward Brink -

Saturday, November 17, 2012
Category: Economics

From english.caixin.com

Few people pay attention to Japan′s problems nowadays. Financial markets pay a lot of attention to the United States′ economic problems. But its nominal GDP rose 7 percent between 2007 and 2011 and is likely to rise another 4 percent in 2012.

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CONVERSABLE ECONOMIST: Minimum Wage to $9.50? $9.80? $10?

Wednesday, November 14, 2012
Category: Economics

From conversableeconomist.blogspot.co.uk

The unemployment rate in May 2007 was 4.4%, and had been below 5% for 18 months. The unemployment rate last summer was around 8.2%, and had been above 8% for more than 40 months. Thus, there was a lot less reason in May 2007 to worry about the risk that a higher minimum wage might reduce the number of jobs for unskilled labor than their was in summer 2012.

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Sandy price gouging: Anti-gouging laws make natural disasters worse. - Slate Magazine

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Friday, November 2, 2012
Category: Economics

From www.slate.com

The basic imperative to allocate goods efficiently doesn’t vanish in a storm or other crisis. If anything, it becomes more important. And price controls in an emergency have the same results as they do any other time: They lead to shortages and overconsumption.

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Free exchange: Concrete gains The Economist

Monday, October 29, 2012
Category: Economics

From www.economist.com

Differences in metropolitan populations may help explain gaps in productivity and incomes. Western Europe’s per-person GDP is 72% of America’s, on a purchasing-power-parity basis. A recent study by the McKinsey Global Institute, the consultancy’s research arm, reckons that some three-quarters of this gap can be chalked up to Europe’s relatively diminutive cities.

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