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Economics and Market News

2021-2022 Witnessed a Surge in Mergers: What Drove the Trend?

The Hart-Scott-Rodino Antitrust Improvements Act of 1976 requites that all mergers above a certain size–now $101 million–must be reported to the federal government before they occur. This gives the authorities at the Federal Trade Commission and the Antitrust Division at the US...

The Possibility of World War III: Assessing the Likelihood of Conflict with China in the Coming Decade

When I wrote my book on war, I avoided ongoing conflicts because I didn’t want the book to be dated the moment it came out. The roots of war and the paths to peace are timeless, and I wanted examples that made this permanence...

Japan’s net income surplus and its impact on the exchange rate

Japan’s current account surplus may not be a surprise to those of us who remember Japan as a major exporter. But a closer examination shows that the current account surpluses recorded today are not due to the trade account but rather the...

December Saw a Rise in Builder Confidence

by Calculated Risk on 12/18/2023 10:00:00 AM The National Association of Home Builders (NAHB) reported the housing market index (HMI) was at 37, up from 34 last month. Any number below 50 indicates that more builders view sales conditions as...

An Intriguing Discussion with a Non-George Mason University Graduate Student

Don: “I want to challenge your claim about what it makes sense for entrepreneurs to care about. But before I do so I must insist again that even if you’re correct about entrepreneurs being unduly interested in catering to rich people, a...

The Economic Impact of Avocados: A Curiosity

Perhaps there is something to learn about markets from the price of avocados? It's been a long time since I posted, not since February. Nevertheless, if you are a follower of this site, I hope you appreciated the guest posts. This post is born out of...
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