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Company Owners: PCMR Deal Ensures Bright Future
After expressing relief when Powdr Corp. revealed Tuesday that it would pay a judge-ordered bond to conserve this winter seasons ski season at Park City Mountain Resort, local company owners doubled down on those sentiments after Vail Resorts revealed Thursday that it had actually bought PCMR. The sale to Vail Resorts ends years-long litigation between […]
Fed Reserve Bank Discovers Care Amongst Farmers Over Economics Of 2015
A survey of Midwestern agricultural lenders conducted by the Federal Reserve Bank finds a lot of cautious farmers throughout Iowa and the area. Nathan Kauffman, with the Omaha branch office of the Feds 7-state 10th District, says not too numerousfew farmers and livestock producers are frettedstressed over this year, but 2015 is another matter. ThinkingThinking […]
Private Bankers Especially Absent From Fed’s Symposium This Year
Wall Streets huge investment banks are out and the AFL-CIO is in this year at the Federal Reserves Jackson Hole Seminar. William Spriggs, primary economist at the American Federation of Labor and Congress of Industrial Organizations, is amongst the guests at the Fed seminar, a yearly conference of worldwide central bankers. The theme of this […]
5 Questions For Participants At Fed’s Jackson Hole Conference
Leading central bankers from around the globe gather in Jackson Hole, Wyo., this week for the Federal Reserve Bank of Kansas Citys annual policy conference. This years focus is labor markets. The sluggish recuperation of the United States job market has actually been a key factor for aggressive Federal Reserve efforts to stimulate growth, consisting […]
Overlooked Data Reveals Japan Earnings Increasing
Is Japans financial revival experiment still on track? One important gauge: whether employee pay is increasing. Fresh, little-noticed information out today makes the image look a bit better. Revised numbers now show worker profits increased in June for the 4th straight month, the lengthiest such streak since 2010 and at the fastest pace in 4 […]
Today In Small CompanySmall Company: Economics Lessons From ‘The Simpsons’
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Why Are Unemployed Claims Falling So Fast?
The variety of people filing new claims for joblessness benefits fell recently to 298,000, marking the third time in the last 5 weeks they have fallen below the 300,000 level. The last time claims were so low was in early 2000 and 2006, at the height of previous financial growths. Unemployed claims, a proxy for […]
The Economics Of Jane Austen
When Jane Austen died in 1817, her reinvention began. Her brother Henry Austen published, as the preface to the posthumous edition of Northanger Abbey and Persuasion, a biographical note that applauded her modesty and her monetary disinterestedness. According to Henry, Jane accounted herself astonished when her very first released novel, Sense and Sensibility, made her […]
Smart Economics: If You Must Get A Fortwo Electrical Car, Lease It
The electric car with the cheapestthe most affordable sticker label rate in Canada is not a $26,990 slug. No, the Smart Fortwo ED (Electric Drive) will do 0-100 km/h in less than 12 seconds, which indicatesmeanings it’s quicker than a gasoline fortwo. And ultimately, the Fortwo ED can do 125 km/h. That in a car […]
The Economics Of Police Militarism
Credit Photo by Jeff Roberson / AP 2 essential battles broke out in Ferguson, Missouri, this week. The very first started with the public airing of sorrow and rage after the fatality of the eighteen-year-old Michael Brown, who was shot by a copsa policeman, on Canfield Court, in the St. Louis suburb, at 2:15 PM […]