The time for introducing a fresh group of students to supply and demand is soon to be upon us.
Supply chain management makes the world go round, and there are some exciting technology innovations that are helping to boost supply chains across the globe.
It has been my tradition to take a break from current events in late August. Instead, I offer a series of articles about academia, economics, and editing, focusing on comments or themes that caught my eye in the last year. I start with the story of the 296-page footnote, and how its author cried out for an editor.
The ECB balance sheet has risen to 53.9% of GDP in July 2020. This compares to a 32% of the Federal Reserve and 33% of the Bank of England.
When studying urban economics, a common starting point is to make the obvious observation that economic activity does not have an even geographic distribution.
Back in 2013, someone going under the nom de plume of Economist Hulk wrote on Twitter (all caps, natch): "WHEN FACTS CHANGE, HULK SMASH FACTS UNTIL THEY FIT HIS PRE-CONCEIVED THEORY. HULK CALL THIS ‘ECONOMETRICS’."
The United States added 1.76 million Jobs in July 2020, compared to a consensus estimate of 1.48 million.