Submitted by CARPE DIEM
Chart above (click to enlarge) is based on 2007 stock returns for the emerging markets, in USD, from MSCI.
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Discussing the economy from A to Z
Submitted by CARPE DIEM
Chart above (click to enlarge) is based on 2007 stock returns for the emerging markets, in USD, from MSCI.
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Submitted by CARPE DIEM
Santa Claus may turn out to be the real front-runner in the primaries, judging by the way candidates are vying with one another to give away government goodies to the voters.
We now have a bipartisan tradition of the government stepping in to rescue people who engaged in risky behavior — whether by […]
Submitted by CARPE DIEM
Strange as it sounds, the best way to boost sales at your independently owned coffeehouse may just be to have Starbucks move in next-door.
Read why here in Slate.com’s article “Don’t Fear Starbucks: Why the Franchise Actually Helps Mom and Pop Coffeehouses.”
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Submitted by CARPE DIEM
Based on Intrade.com trading:
Hillary is more than a 3:1 favorite for the Democratic nomination. There is close to a 3-way tie for the Republican nomination among Giuliani (27%), Romney (26%) and McCain (23%).
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Submitted by unsettling economics
As if the health care situation were not bad enough, Business Week has an very good report showing how medical providers are signing unwitting patients up to transfer their bills onto credit cards that charge unconscionable rates. How much further can this crap go?
36: “… hospitals and clinics are bringing in more […]
Submitted by unsettling economics
Kissinger’s nauseating Nobel Peace Prize award might deflate some of the interest in beyond Leon Walras’s nomination. Walras wrote his own nomination and had some colleagues submit it.
The basis of his nomination was his work in mathematical economics. Although he wrote almost about free trade, his claim was that his work had […]
Submitted by Econbrowser
Is there (an “equlibrium” exchange rate) model for all seasons?
Figure 1: Nominal trade weighted dollar against other major currencies. Source: Federal Reserve via St. Louis Fed FREDII.
Setting the stage: from Bloomberg:
Dollar May Extend Two-Year Decline Versus Euro on Slower Growth
By Bo Nielsen
Jan. 1 (Bloomberg) — The dollar may extend a […]
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