Featured
- 3 days
Trending
1 Some Economics of Tipping
Timothy Taylor2 The Reality Behind GDP Growth, Inflation, and Fiscal Policy
Daniel Lacalle3 Governments Could Halt Inflation If They Chose to, but They Won't
Daniel Lacalle4 US Airlines Mandated to Offer Automatic Cash Refunds for Flight Disruptions
Rayson Choo5 How Fast Are Americans Drawing Down Their Pandemic Savings?
Timothy Taylor
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
Charles Dickens on Management vs. Labor
There's a sort of parlor game that the economically-minded sometimes play around the Christmas holiday, related to A Christmas Carol, by Charles Dickens.
- 1
The Role of Academia in Tumultuous Times
The other day I found myself, as one does, reading speeches given 50 years ago by Edward Levi, who was then the president of the University of Chicago. Here are some thoughts from "The University and the Modern Condition," which was delivered to the University of Chicago Citizen's Board on November 16, 1967, and reprinted in his 1969 collection Point of View: Talks on Education (magically available via Google Books). It is both comforting and disheartening that many of his comments could be delivered essentially unchanged by a speaker a half-century later.
- 4
Difficulties of Making Predictions: Global Power Politics Edition
Making predictions is hard, especially about the future. It's a comment that seems to have been attributed to everyone from Nostradamus to Niels Bohr to Yogi Berra. But it's deeply true. Most of us have a tendency to make statements about the future with a high level of self-belief, avoid later reconsidering how wrong we were, and then make more statements.
- 8
The Need for Generalists
One can make a reasonable argument that the concept of an economy and the study of economics begins with the idea of specialization, in the sense that those who function within an economy specialize in one kind of production, but then trade with others to consume a broader array of good.
- 3
A Weak Dollar Won't Make America Great
The US dollar has become the safest asset in the face of mounting evidence that the “beggar thy neighbor” policy and drowning structural liquidity problems are coming to a close.
- 5
The Economics of Advertising
There's an old rueful line from firms that advertise: "We know that half of all we spend on advertising is wasted, but we don't know which half." It's not clear who originally coined the phrase. But we do know that the effects of advertising have changed dramatically in a digital age. Half of all advertising spending may still be wasted, but now it's for a very different reason.
- 6
Early Examples of Randomization in the Social Sciences
Randomization is one of the most persuasive techniques for determining cause and effect. Half of a certain group get a treatment; half don't. Compare. If the groups were truly chosen at random, and the treatment was truly the only difference between them, and the differences in outcomes are meaningful and the size of the samples are also large enough for drawing statistically meaningful conclusions, then the differences can tell you something about causes.
- 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.