Featured
- 5 days
Trending
1 Congestion Pricing in Manhattan: About to Arrive?
Timothy Taylor2 Some Economics of Tipping
Timothy Taylor3 The Reality Behind GDP Growth, Inflation, and Fiscal Policy
Daniel Lacalle4 Governments Could Halt Inflation If They Chose to, but They Won't
Daniel Lacalle5 US Airlines Mandated to Offer Automatic Cash Refunds for Flight Disruptions
Rayson Choo
Search
Most Read
- 3 years
Climate Summit 2021: President Joe Biden Announces the United States Will Aim to Cut Carbon Emissions by as Much as 52% by 2030
- 6 years
Economics of World War I
- 5 years
"You Cannot Convict Your Opponent of Error; You Can Only Convince Him Of It"
- 5 months
“Academic” Freedom Has an Adjective in Front of the Noun
- 2 years
“Economics is the Social Science of Love”
- 5 months
“Spend Now, Deal with The Consequences Later” Is the Worst Policy
- 4 years
100 Million Traffic Stops: Evidence on Racial Discrimination
- 4 years
1957: When Machines that Think, Learn, and Create Arrived
- 7 months
2023’s Most Popular Bitcoin Alternatives
- 1 year
4 Ways to Keep Food Prices Low Amid Inflation & Cost of Living Crisis
- 11 months
5 Things The Government Can Do To Boost Innovation
- 6 years
8 Downside Risks to Indian Economy in 2018
- 3 years
A “Medicare Funding Warning” from the Trustees
- 6 years
A Bee Industry Update: Colony Collapse Disorder and Almond Pollination
- 4 years
A Bounce Is Not A Recovery
More in Global Economy
Yes, You Can Patent an Invention that Doesn't Exist
It is odd but true that the US Patent and Trademark Office has in the past been willing to grant patents for inventions that did not actually exist. Janet Freilich and Lisa Larrimore Ouellette discuss this policy in "Science fiction: Fictitious experiments in patents: Prophetic examples may unnecessarily distort understanding," published in Science magazine (June 14, 2019, pp. 1036-1037). For a fuller discussion, see the "Prophetic Patents" working paper by Freilich, available at SSRn (June 25, 2018).
- 5
Analysing University Endowments
How much money do major universities and colleges have in their endowments? How are they investing the money? What returns are they earning? The National Association of College and University Business Officers does a survey of these questions each year, and here are some results for 2018.
- 7
Payments from China for Foreign Intellectual Property
It seems clear that China's government and firms have been aggressive in their pursuit of intellectual property from firms in other countries. Sometimes this aggressiveness comes from government rules that if a foreign firm wished to sell or produce in China, it needs to have a Chinese firm as a partner and to share technology with that firm. There are also widespread allegations of technology theft. I once chatted with a group of California tech executives who did business in China, and they all said that if they take a computer or a phone to China, they only take one where the memory has been previously wiped clean.
- 5
Why Don't People Buy More Annuities?
Among economists, it's sometimes known as the "annuities puzzle": Why don't people buy annuities as frequently as one might expect?
- 3
China's Changing Relationship with the World Economy
China's economy is simultaneously huge in absolute size and lagging far behind the world leaders on a per person basis. According to World Bank data, China's GDP (measuring in current US dollars) is $13.6 trillion, roughly triple the size of Germany or Japan, but still in second place among countries of the world behind the US GDP of $20.4 trillion. However, measured by per capita GDP, the World Bank data shows that China is at $9,770, just one-sixth of the US level of $62,641.
- 6
Low Yield, No Yield, Negative Yield – Buy Now But Don’t Forget to Sell
· The amount of negative yielding fixed securities has hit a new record · The Federal Reserve and the ECB are expected to resume easing of interest rates · Secondary market liquidity for many fixed income securities is dying · Outstanding debt is setting all-time highs
- 4
Is AI Just Recycled Intelligence, Which Needs Economics to Help It Along?
The Harvard Data Science Review has just published its first issue. Many of us in economics are cousins of burgeoning data science field, and will find it of interest. As one example, Harvard provost (and economist) Alan Garber offers a broad-based essay on "Data Science: What the Educated Citizen Needs to Know." Others may be more intrigued by the efforts of Mark Glickman, Jason Brown, and Ryan Song to use a machine learning approach to figure out whether Lennon or McCartney is more likely to have authored certain songs by the Beatles that are officially attributed to both, in "(A) Data in the Life: Authorship Attribution in Lennon-McCartney Songs."
- 2
Follow us
On social Media
Download our app
Download our app for iPhone and Android
BBN Times connects decision makers to you. Experts in their fields, worth listening to, are the ones who write our articles. We believe these are the real commentators of the future. We quickly and accurately deliver serious information around the world. BBN Times provides its readers human expertise to find trusted answers by providing a platform and a voice to anyone willing to know more about the latest trends. Stay tuned, the revolution has begun.