Eaton Professor of Economics at the University of Colorado, Bloomberg Columnist, and Independent Blogger on economics, politics, religion & fighting obesity
New post: "Miles Kimball's Presentation on Negative Interest Rate Policy to the National Association of Business Economists"
“E-commerce is expected to account for about $170 billion of the roughly $730 billion in total holiday spending this year, according to National Retail Federation estimates.”
Melissa Korn questions just about everything about college admissions except the most important one: highly selective colleges should expand their number of undergraduates. If a college is doing a great job, & many want in, it should serve more students.
Elizabeth Warren’s suspicion of Wall Street is her least radical position. This is where she is on the most solid ground. Wall Street deserves much fiercer oversight. In particular, leverage should be limited and corporate borrowing taxed more heavily.
“[Alan Krueger] was the first person who taught me that there is nothing more painful for an unemployed person to do than search for a job, and that we couldn’t really understand job search and unemployment without acknowledging that fact”
The 1915-16 Armenian genocide was part of a larger spree of elimination that lasted some 30 years, write scholars Benny Morris and Dror Ze’evi.