Uncovering the Nobel Prize's Origins

This merger would only make groceries higher in cost. The economies of scale would not be passed along to consumers. Kroger and Albertsons sell hundreds of stores in a bid to clear merger of the 2 largest US groceries, QUARTZ The Federal Trade Commission has sued to block the $24.6 billion acquisition of Albertsons by rival grocer Kroger, alleging the deal would harm American consumers already facing high grocery bills. The FTC says the deal...

The Postal Service is the only carrier with a legal obligation to provide all the various aspects of universal service. The disruption at the USPS started about a year ago when DeJoy decided first class mail would not be moved by air to the western part of the nation from the east or vice versa. This in itself was a designed in slowdown of delivery meant to cut costs. Except it did not. If you have been reading along and picked up on Steve...

Data analysis for social sciences (student stuff) .[embedded content] When I teach statistics, I always try to recommend good supplementary material on YouTube to my students. This is a good example.

Great quotes and discussion from Reminiscences of a Stock Operator. Link to the book on Amazon....

from Lars Syll Mainstream economists have always wanted to use their hammer, and so have decided to pretend that the world looks like a nail. Pretending that uncertainty can be reduced to risk and that all activities, relations, processes, and events can be adequately converted to pure numbers, have only contributed to making economics irrelevant and powerless when confronting real-world financial crises and economic havoc. How do we put an end to this intellectual cataclysm? How do we...

How Einstein taught me a great lesson

Unlocking Economic Growth Through Working Class Boost

The Zero Sum Financial Equation

Over at jabberwocking.com, Kevin Drum takes on Paul Krugman over his assertion that small-town America is aggrieved because the working-age men are more likely to be unemployed than their metropolitan counterparts. As usual, Kevin brings the charts and numbers to show that while Krugman isn’t wrong, the differences are small and don’t explain “white rural rage.” Kevin notes that while pay is less in rural areas, the difference is mostly compensated...