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Economics and Market News

The Lessons of Gang Violence: Insights from Street Fights to World Wars

Episode 65 of the Irregular Warfare Podcast explores why violence occurs from the local to the geopolitical level and how conflict can revert back to peace. Our guests today begin by asserting that peace—and not war—is the natural order of things...

Junior’s Deception: Unraveling the Tale of Cheap Talk

On Saturday The New York Times published the story that Donald Trump Jr together with Paul Manafort and Jared Kushner met in Trump Tower with a Russian Lawyer.  That was basically the entire content of the story in terms of new information being reported.  The...

Weekly Survey Shows Increase in Mortgage Applications

by Calculated Risk on 11/29/2023 07:00:00 AM From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage applications increased 0.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA)...

Today’s Bonus Quote of the Day: Uncover Your Curiosity

Tweet … is from page 45 of the original edition of Walter Lippmann’s in-places flawed but deeply insightful and important 1937 book, The Good Society (footnotes deleted): In the realm of ideas a change in theory is reflected in practice only after a lapse of time...

Return to the Future: Simplify to Save Earth

Using simpler products with lower emissions and similar quality-of-life factors can be an effective way to combat climate change. For example, a long-handled cordless vacuum cleaner purchased 7 years ago can be replaced by a broom, which is cheaper and does not need charging....

The Biased Economist: Revolutionary Development Economists sparking Curiosity

I was sleeping in the evening today, and when I woke up, at 5:45 pm, I saw my mobile phone. There was a news notification where I could only see a picture of Prof. Abhijit Banerjee. I searched for my specs and put them...
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