Millions are on the brink of starvation If countries don't make big changes now, the world will face mass food shortages.
The Behavioral Economics Guide 2022, edited by Alain Samson, begins with an essay by Dan Goldstein that offers an unnerving reminder for studies that compare only a few potential outcomes, rather than the full range (“Leveling up Applied Behavioral Economics”).
Many discussions of ”technology” and how it will affect jobs and the economy have a tendency to discuss technology as if it is one-dimensional, which is of course an extreme oversimplification.
An old trick in Washington policy circles is to obscure unwelcome news by releasing it late on Friday afternoon–and if it can be Friday afternoon of a three-day weekend, so much the better.
Milk advertisements are trying to push back against the tide: U.S. milk consumption has been falling for several decades.
When I get the quarterly announcements for what my retirement account is now worth, and a drop in the stock market has caused the total in the account to decline, I find myself looking at some of the long-run patterns in stock market prices.
For years we have read that it was important for the Federal Reserve (FED) and the major central banks to push the limits of monetary policy to boost growth and jobs.