Add To Watchlist

ECONOMICS

→ Show Results From: All | Politics | Business | U.S. News | World News
The Wire

Ostrom thanks husband, colleagues for Nobel prize

Elinor Ostrom says it's an honor to be the first woman to win a Nobel Prize in economics — and she promises she won't be the last.

Winners of the Nobel economics prize

Recent winners of the Nobel Memorial Prize in Economic Sciences, and their research, according to the Nobel Foundation:

2 Nobel winners may shape financial crisis debate

One scholar studies how best to manage resources like forests, fisheries and oilfields. A fellow American looks at why some companies grow so large. Together they're winners of this year's Nobel Prize in economics for groundbreaking work that could affect efforts to prevent another global financial crisis.

He survived botched bungee jump from 165 feet

Even though the bungee-jumping company claimed a 100 percent safety record, a nervous Rishi Baveja still said a prayer and made the sign of the cross before launching himself off a 165-foot tower in Thailand.

White House defends optimistic stimulus model

The White House is defending the overly optimistic economic models it used to justify the historic stimulus plan.

Archbishop warns of economic dogmatism

Thoughtless adherence to economic theories can be as dangerous as blind obedience to political ideology, the head of the Church of the England said Monday, drawing parallels with Nazi Germany.

Financial crisis drives up interest in economics

Stocks are down, down, down. But student interest in economics appears to be trending upward.

Absent Obama still a presence in the capital

President-elect Barack Obama is an invisible force as foreign leaders and Congress convene separately in Washington, the economy at center stage.

Presidential candidates' recent economic proposals

Democrat Barack Obama and Republican John McCain recently unveiled new proposals to their economic plans. Here's a look at the presidential candidates' additions to their economic proposals:

Winners of the Nobel economics prize

Recent winners of the Nobel Memorial Prize in Economic Sciences, and their research, according to the Nobel Foundation:

Bush critic Paul Krugman wins economics Nobel

Paul Krugman, whose relentless criticism of the Bush administration includes opposition to the $700 billion financial bailout, won the Nobel prize in economics Monday for his work on international trade patterns.

Palin has mixed record as fiscal conservative

Alaska Gov. Sarah Palin, the Republican nominee for vice president, bills herself as a fiscal conservative. But her record looks little like the classic conservative who favors less government and lower taxes.

Businesswomen praise McCain on economics

Several leading women in the business community, addressing the GOP presidential convention Wednesday, said John McCain's plan for lower taxes, less government and a push to reduce America's dependence on foreign oil will do more to help revive the struggling economy than the Democratic agenda.

Shrinking packages, pricier foods fluster parents

Kids may be worried about homework, teachers and that pesky bully this school year. But parents? They're leery about lunches.

Iditarod raises race entry fee

Mushers wanting to run the world's best-known sled dog race will have to pay a lot more for a shot at a smaller guaranteed purse.

Dairy Farms Stand to Lose in Downer Ban

Dairy farmers stand to lose income if the government honors congressional demands for a total ban on downer cattle after a California slaughterhouse failed to keep them out of the food supply.

A Look at Ohio Facts and Figures

A look at Ohio's demographics and how its numbers compare with those of the United States:

A Look at Texas Facts and Figures

A look at Texas' demographics and how its numbers compare with those of the United States:

Obama Pledges Help on Health Coverage

Barack Obama listened intently Wednesday as 65-year-old Sandra Burt poured out her troubles, a recent retiree and her husband without the money to cover a $2,900 monthly drug bill or even a full load of kerosene for heat.

U.S. Trio Wins Nobel Economics Prize

Americans Leonid Hurwicz, Eric S. Maskin and Roger B. Myerson won the Nobel economics prize Monday for developing a theory that helps explain how sellers and buyers can maximize their gains from a transaction.

3 Americans Win Nobel Economics Prize

Americans Leonid Hurwicz, Eric S. Maskin and Roger B. Myerson won the Nobel prize in economics on Monday for developing a theory that helps explain situations in which markets work and others in which they don't.

12th-Graders Show Strength in Economics

Efforts to save up for a first car or stretch an allowance might be helping high schoolers in at least one academic area.

Political Conventions Spark Money Debate

It would be hard for Troy Johnston to have a better perch for the 2008 Democratic National Convention. His Brauns Bar and Grill is in the parking lot of the Pepsi Center, where thousands of convention delegates will gather — perfect, he figures, for selling burgers and steaks.

Phelps 6th American to Win Nobel in 2006

American Edmund S. Phelps won the 2006 Nobel Memorial Prize in Economic Sciences on Monday for explaining the relationship between inflation and unemployment, work that has had a profound impact on macroeconomic policy.

The Vine
A Milestone In the Health Care Journey
Source: politics.theatlantic.com

"I'm sort of a known skeptic on this stuff," Gruber told me. "My summary is it's really hard to figure out how to bend the cost curve, but I can't think of a thing to try that they didn't try. They really make the best effort anyone has ever made.

What Geithner Got Right
Source: The New York Times

By DAVID BROOKS It's amazing to go back and read what people were saying about Timothy Geithner in the spring. Many people said he looked terrified as the Treasury secretary, like Bambi in the headlights.

Legislating the Redistribution of Wealth
Source: FOXNews.com

What's in the House and Senate health care bills that is not in the Constitution? The redistribution of wealth. Barack Obama told us he was a believer in that concept during the campaign: (BEGIN VIDEO CLIP)

Things you may not know.

As I write this the country is trying to figure out exactly what our new President is doing.

CNN Poll: It's Obama's Economy Now -- Blame for recession shifting from GOP to Democrats
Source: CNN

Nearly two years into the recession, opinion about which political party is responsible for the severe economic downturn is shifting, according to a new national poll.

Nations boost demand for long-term U.S. assets
Source: msnbc.com

Foreign demand for long-term U.S. financial assets rose in September as China and other countries boosted their holdings of Treasury securities.

China says yes to free markets, no to free currency regime
Source: news-public.com

President Barack Obama on his tour to China has approached a very cautious approach. While raising issues of contention between the two nations, he has been subtle in his own right.

Full circle: India buys 200 tons gold from Interational Monetary Fund
Source: Times of India

More than 18 years after New Delhi pawned 67 tons of gold to tide over a balance of payments crisis, the Reserve Bank of TwitterFacebookShare EmailPrintSaveComment India has bought thrice that amount of gold from the International Monetary Fund to diversify its assets.

Bringing In the Harvest, Will We Come Rejoicing?

Potatoes have become such a staple to American cooking that we barely skip a beat over them. Unfortunately they may be best known to America's children and teens when used as a base for fast food french fries.

Chasing Corporations Out Of The U.S.
Source: Investors.com

Unemployment is foremost on everyone's mind today. Yet jobs can continue to leave the U.S. because of the threat of new taxes, the convergence of technology, the ease of digital collaboration and ready access to abundant foreign engineering talent.

ACORN & The Housing Bubble
Source: Wall Street Journal

All agree that the bursting of the housing bubble caused the financial collapse of 2008. Most agree that the housing bubble started in 1997.

Nature 'services' undervalued, EU report finds
Source:

The cost of nature conservation is by far outweighed by societal and economic benefits, argues a new report supported by the European Commission.

Genuine Realism A Sequel to "Wishful Thinking Realists"
Source: Israpundit

Is it realistic to believe that while Islam is conquering Europe and spreading throughout America that there is an economic solution to the Israeli-Palestinian conflict, indeed, that making Palestinians prosperous will transform them into bourgeois democrats? Is it not the case t …

Immigrants to get 100,000 kroner incentive to leave Denmark
Source: cphpost.dk

The Danish People's Party (DF) has strengthened its immigration stance by securing an agreement to pay 'anti-social' foreigners 100,000 kroner to leave Denmark.

He Saw It Coming: Byron Dorgan on Repeal of Glass-Steagal
Source: The Huffington Post

Senator Byron Dorgan, Democrat of North Dakota, was one of eight senators who stood up to oppose the repeal of the Glass-Steagall act in 1999.

The Man Who Predicted the Depression
Source: Wall Street Journal

Ludwig von Mises was snubbed by economists world-wide as he warned of a credit crisis in the 1920s. We ignore the great Austrian at our peril today.

Healthcare: So That's Why It's So Expensive
Source: Business Week

Economists have long believed that technology is the main reason that health-care costs are rising so rapidly. Now a young economics professor at the Massachusetts Institute of Technology is challenging the conventional wisdom.

Geithner lauds stance on exchange rates
Source: FT.com

Ya gotta love Tim Geithner. Just like we always love a doofus! While blatantly kowtowing to the Wall Street jackals whom he actually has the power to control, now he's standing up to the Chinese... over whom he has no control whatsoever.

Does "net neutrality" violate the First Amendment?
Source: Americans for Tax Reform

An interesting perspective, from The Goldwater Institute and Americans for Tax Reform.

Innovations Rejuvenation and the Inflicted Society

Over the past couple decades this great nation and the world has seen the taken of age of epoch of the internet with a plethora of avenues and means for livilyhood and communication.We have seen economic collapse of all including morals and the inevitable destruction of society  …

Fed Rules Would Restrict Overdraft Fees on Debit Cards
Source: The New York Times

"The final overdraft rules represent an important step forward in consumer protection," the Federal Reserve Chairman Ben S. Bernanke said. "Both new and existing account holders will be able to make informed decisions about whether to sign up for an overdraft service."

Decline but no fall
Source: FT.com

Here's a fourth and last article... for today. Four is a bit much for a single day -- I suppose that Mr Obama's trip is the reason for this flurry. Still... There is at least one article every day, even when Mr Obama isn't doing anything in particular.

Plea to reduce demand for dollar reserves
Source: FT.com

There are risks in having the world's reserves denominated in any particular currency. Everyone becomes vulnerable to irresponsible monetary policy for that single country.

Dollar weakens as China hints at stronger renminbi
Source: FT.com

The €uro is slightly over $1,50 this morning.

Insight: Redesigning a flawed system
Source: FT.com

Has everyone been following the intense debate in the media over how best to break up those "too big to fail" banks? No? That's because the debate isn't happening in the US, but in the UK.

This area needs news. Click here to seed the vine