Textbook

Monetary asmmetries without (and with) price stickiness

Retrieved on: 
Friday, April 19, 2024
Online, University, Public Security Section 9, Employment, Calibration, Small, Equity, Volume Ten, Research Papers in Economics, Policy, A.4, Communication, Crisis, Mass, Silvana Tenreyro, Business, Shock, Intuition, Business cycle, TFP, Volume, European Economic Review, Marginal value, SME, NBER, Forecasting, Depression, 3rd millennium, European Economic Association, Conceptual model, Journal of Monetary Economics, Insurance, Harmonization, Great Depression, CES, Economic Inquiry, Paper, Environment, Political economy, Journal of Financial Economics, MIT, University of York, COVID-19, Behavior, Review of Economic Dynamics, Rigid transformation, Website, Access to finance, Accounting, Working paper, Probability, Total, Appendix, Section 8, Quarterly Journal of Economics, Zero lower bound, Curve, Chapter, Cost, Nominal, Journal of Political Economy, Euro, PDF, ECB, Unemployment, Hoarding, STAT, Economic Policy (journal), Household, Canadian International Council, Social science, Government, Federal Reserve Bank, JEL, Journal, Textbook, Missing, Food, Private sector, A.5, Asymmetric, The Journal of Finance, Credit, Speech, Princeton University Press, Literature, NK, European Central Bank, Growth, Labour, Monetary economics, Loss aversion, Financial intermediary, Injection, Elasticity, Inventory, Subprime lending, Ben Bernanke, Finance, BIS, Phillips curve, International Economic Review, Money, London School of Economics, Marginal product of labor, Pruning, Marginal product, The Economic Journal, Rate, Aswath Damodaran, Risk, OECD, Competition (economics), Section 4, MIT Press, Consumption, Bond, Section 3, Yield curve, Loanable funds, Habit, Cobb–Douglas production function, Economy, Aarhus University, Financial economics, Section 2, Conference, Central bank, Chapter Two, Monetary policy, Capital, Hartman–Grobman theorem, CEPR, Framework, American Economic Review, Capital Markets Union, ZLB, Exercise, Liquidity, Interest, Intensive word form, Workshop, European Commission, Macroeconomic Dynamics, Population growth, B1, Response, Quarterly Journal, Community business development corporation, GDP, E31, Control, Journal of Economic Theory, Christian Social Union (UK), T2M, Hamper, Data, American Economic Journal, Aggregate, Konstantinidis, B.1, A.9, A.6, Remuneration, Civil service commission, EUR, Uncertainty, Motivation, A.7, Bank, GFC, Section 13, Motion, Reproduction, IMF, Staggers Rail Act, Abstract, Tale, Handbook, Asymmetry, Stanford University, Communications satellite
Key Points: 

    An economist explains: Textbook economics is badly flawed when it comes to climate change

    Retrieved on: 
    Wednesday, April 10, 2024
    University, McGill University, Climate change, University of Alberta, Tax, Letter, Growth, Nutrient, Climate, Policy, The Wealth of Nations, Textbook, Doughnut (economic model), Carbon, Keen, Harvard University, GDP, Water, Soil, Economics, Government, Wealth, Leach, Renewable energy

    But economists are hardly infallible experts on the carbon tax and other fiscal measures implemented by governments.

    Key Points: 
    • But economists are hardly infallible experts on the carbon tax and other fiscal measures implemented by governments.
    • While the carbon tax increase kicked in, the Alberta fuel tax was hiked by 13 cents the same day.
    • In other words, the carbon tax has been a blessing for Smith as she deflects attention away from her own government’s role in raising gas prices.

    Double standards

    • For instance, some homeowners have blamed the carbon tax for higher electricity bills in Alberta, ignoring the fact that the carbon tax does not apply to the electricity sector.
    • Double standards abound on the carbon tax.
    • While protesters chant “Axe the tax,” they ignore that fossil fuel subsidies cost them more than the carbon tax.

    Textbook economics backs carbon tax

    • As an economics instructor, a key lesson is that the carbon tax is the least costly method to address carbon emissions.
    • In my pedagogical paper on climate change, I refer to McGill University economist Chris Ragan, who states that the carbon tax is more efficient than regulation.
    • But the carbon tax incentivizes investment in new technologies to limit the tax payment.

    The limits of textbook economics

    • The way textbook economics approaches climate change through externalities suggests it’s simply a minor aberration.
    • Energy and raw materials are ignored, which means that biophysical or ecological limits are disregarded in the pursuit of growth.
    • Keen argues that mainstream economics assumes 90 per cent of GDP will be unaffected by climate change.
    • In short, he argues, mainstream economics has been complicit in the existential crisis of climate change.

    Radical solutions

    • But it may be too little too late, necessitating radical solutions beyond the carbon tax.
    • In this regard, Keen argues that carbon pricing is not enough, calling for carbon rationing.
    • This happens by going beyond textbook economics and technical jargon by highlighting the ecological and biophysical limits to growth.


    I am not affiliated with any organization. Though, I have in the past done research assistance work for the Parkland Institute.

    Wyoming Residents Outraged by Wolf Tortured at Bar; Crime Must be Prosecuted Under State Anti-Cruelty Law, Welfare Groups Say

    Retrieved on: 
    Monday, April 8, 2024
    Punishment, Violation, Crime, Letter, Ethics, News, Textbook, Interview, Death, Mouth, Animal, Law, Hunting

    Two groups, Animal Wellness Action and the Center for a Humane Economy, sent a letter to Sublette County Attorney Clayton Melinkovich and Sublette County Sheriff K.C.

    Key Points: 
    • Two groups, Animal Wellness Action and the Center for a Humane Economy, sent a letter to Sublette County Attorney Clayton Melinkovich and Sublette County Sheriff K.C.
    • Lehr, urging them to prosecute Cody Roberts of Daniel, Wyo., and seek felony-level penalties under the statute.
    • The groups sent out a press release Friday and have been receiving a constant stream of calls from outraged Wyoming residents.
    • Currently, Roberts, owner of C. Roberts Trucking, LLC, has faced only a $250 fine for possession of live wildlife.

    Jorge Nocedal is the 2024 SIAM John von Neumann Prize Lecturer

    Retrieved on: 
    Tuesday, April 2, 2024
    Physics, Uncertainty, Mathematics, KNITRO, Algorithm, Communication, Applied mathematics, Walter, Rice University, Mathematical sciences, Research, Continuous optimization, Textbook, Management science, Software, Electricity, Poverty, Argonne National Laboratory, Doctor of Philosophy, Astronomy, Industrial engineering, Machine learning, SIAM Fellow, Parent, UNAM, National Autonomous University, IEMS, Weather

    Philadelphia, PA, April 02, 2024 (GLOBE NEWSWIRE) -- Jorge Nocedal, Northwestern University, has been awarded the 2024 John von Neumann Prize – the highest honor and flagship lecture of Society for Industrial and Applied Mathematics (SIAM) – in recognition of his fundamental work in nonlinear optimization, both in the deterministic and stochastic settings.

    Key Points: 
    • Philadelphia, PA, April 02, 2024 (GLOBE NEWSWIRE) -- Jorge Nocedal, Northwestern University, has been awarded the 2024 John von Neumann Prize – the highest honor and flagship lecture of Society for Industrial and Applied Mathematics (SIAM) – in recognition of his fundamental work in nonlinear optimization, both in the deterministic and stochastic settings.
    • SIAM awards the John von Neumann Prize annually to an individual for outstanding and distinguished contributions to the field of applied mathematics and for the effective communication of these ideas to the community.
    • Learn more about SIAM’s John von Neumann Prize .
    • Nocedal will be awarded the John von Neumann Prize and deliver the associated lecture at the 2024 SIAM Annual Meeting , which will be held July 8-12, 2024, in Spokane, Washington.

    NCLA Asks Ninth Circuit to Overturn SEC’s Illegal Gag Rule on Targets of Settled Enforcement Cases

    Retrieved on: 
    Friday, March 29, 2024
    Speech, Organization, Letter, Comment, Administrative Procedure Act, Gag rule (United States), Gag, Cape Gazette, Policy, Textbook, First, Security (finance), Life, Commission, Freedom of the press, Government, Reason Foundation, Novinger, Missouri, NCLA

    Representing several SEC enforcement targets silenced by the Gag Rule—and media organizations eager to hear the stories they wish to tell—NCLA urges the Ninth Circuit to halt this egregious trampling of First Amendment rights.

    Key Points: 
    • Representing several SEC enforcement targets silenced by the Gag Rule—and media organizations eager to hear the stories they wish to tell—NCLA urges the Ninth Circuit to halt this egregious trampling of First Amendment rights.
    • SEC enacted the 1972 Gag Rule without notice and comment after falsely framing it as an internal “housekeeping” measure that would not affect third parties.
    • SEC has never provided a legitimate—much less a compelling reason—for silencing all settling enforcement targets for life.
    • NCLA has also represented Petitioner Christopher Novinger previously in appealing the gag provisions of his SEC enforcement settlement.

    Parks! America, Inc. Cites Focused Compounding’s Principals’ Lack of Relevant Corporate Experience

    Retrieved on: 
    Wednesday, March 27, 2024
    Slate, New York Stock Exchange, Letter, FC, PINE, Education, Edison International, Textbook, Michigan State University, Investment, Future, Marketing, Animal, The Cheesecake Factory, San Diego State University

    PINE MOUNTAIN, Georgia, March 27, 2024 (GLOBE NEWSWIRE) -- Parks! America, Inc. (OTCPink: PRKA) (“Parks! America” or the “Company”), a leading operator of regional safari parks in the United States, today advised stockholders of its view that the dissident slate of directors offered by Focused Compounding Fund, L.P. is not qualified to operate Parks! America as a public company. Parks! America urges stockholders to vote for the Company’s slate of director candidates. The full text of the letter to stockholders follows.

    Key Points: 
    • The slate of nominees proposed by Focused Compounding Fund, L.P. (“FC”) is not qualified to run Parks!
    • These individuals are not prepared by training, education or experience to run a public company.
    • They have not worked in senior management positions in any corporate environment, much less at a publicly traded company.
    • FC’s principals appear to believe that their narrow skill sets are immediately transferrable into running a unique public company like Parks!

    White Gold Corp. Identifies Multiple Prospective IP Chargeability Anomalies on Two Large Multi-Element Porphyry Targets in Close Proximity to the Casino Copper-Gold Porphyry Deposit, Yukon, Canada

    Retrieved on: 
    Wednesday, March 27, 2024
    Dawson Range, Lead, Copper, History, FRA, OTCQX, IP, RAB, Fracture, White Gold, Exploration, Silver, Anomaly, NW, Gold, Silver standard, Mitsubishi Materials, Bismuth, Propylitic alteration, WNW, M1, News, Textbook, Soil, Mining, Attention, Molybdenum, Zinc, 4N, Late Triassic, Tungsten, Late Cretaceous, ASD, Rare-earth element

    All data collected thus far on these large early-stage targets continue to support a porphyry deposit model.

    Key Points: 
    • All data collected thus far on these large early-stage targets continue to support a porphyry deposit model.
    • The new IP looked deeper than any previous geophysical surveys and demonstrates potential at depth beneath these large multi-element soil anomalies.
    • It’s now recommended to follow up with more IP survey lines to cover this large developing porphyry target.
    • The Bridget and Isaac targets represent large, early-stage, multi-element porphyry targets that have never been diamond drill tested.

    VitalSource Named Finalist for Prestigious EdTech Award

    Retrieved on: 
    Tuesday, April 9, 2024
    Software, Mobile, Wireless, Networks, Training, Apps, Applications, Technology, Other Education, Continuing, University, Artificial Intelligence, Education, Audio, Video, Other Technology, Learning, VitalSource, Educational technology, SIIA, History, Textbook, Carbon, Student, E-text, Artificial intelligence, Teaching

    VitalSource has been selected as a finalist for the Software and Information Industry Association (SIIA)’s “Most Innovative EdTech Company” CODiE Award.

    Key Points: 
    • VitalSource has been selected as a finalist for the Software and Information Industry Association (SIIA)’s “Most Innovative EdTech Company” CODiE Award.
    • The prestigious award honors the EdTech company that is on the cutting edge of innovating products that make a difference for students.
    • “This nomination is a testament to the dedication of the team at VitalSource that strives to create impactful learning experiences for students worldwide,” said Kent Freeman, Chief Executive Officer at VitalSource.
    • When a student purchases an etext from VitalSource, they’ve reduced their carbon emissions by 45x compared to a print textbook.

    IEHP awards $15,000 in scholarships to worthy San Bernardino students

    Retrieved on: 
    Tuesday, April 9, 2024
    Partnership, Education, Textbook, Food, Student, Housing, Fund

    RANCHO CUCAMONGA, Calif., April 9, 2024 /PRNewswire/ -- Inland Empire Health Plan (IEHP) provided six IEHP Heart Award scholarships to worthy students during the San Bernardino County Children's Network's annual Shine a Light on Child Abuse Breakfast on April 4 in Ontario.

    Key Points: 
    • RANCHO CUCAMONGA, Calif., April 9, 2024 /PRNewswire/ -- Inland Empire Health Plan (IEHP) provided six IEHP Heart Award scholarships to worthy students during the San Bernardino County Children's Network's annual Shine a Light on Child Abuse Breakfast on April 4 in Ontario.
    • A total of 25 scholarships were given to high school and college-age foster youth, including the six $2,500 IEHP Heart Awards totaling $15,000.
    • IEHP partnered with Children's Fund to create the new Heart Award and scholarship, selecting students from varied backgrounds with impactful stories and aspirations.
    • Since its founding in 1986, Children's Fund has served more than 18 million children living in San Bernardino County, many of whom are IEHP members.

    Labster and OpenStax Partner to Expand Equitable Access to Interactive Science Learning

    Retrieved on: 
    Tuesday, April 2, 2024
    Technology, Software, Other Education, Continuing, Training, University, Primary, Secondary, Science, Education, Other Science, Growth, VR, Learning, Partnership, Rice University, School, Research, Health care, OER, Textbook, Doctor of Philosophy, Faculty, Student, Business Insider, STEM, OpenStax, Catalog, Gold, Teaching, Virtual reality, Tutoring

    “Making science education more accessible to all learners everywhere has been Labster’s core vision since its founding.

    Key Points: 
    • “Making science education more accessible to all learners everywhere has been Labster’s core vision since its founding.
    • “Partnering with Labster as one of our valued OpenStax Allies enables the OpenStax library of peer-reviewed, customizable, free digital science content to connect directly with Labster’s immersive learning platform for science simulations.
    • OER and OpenStax have become central to the learning materials landscape for postsecondary courses.
    • Instructors and program leaders can contact Labster with their course title and learning objectives or an existing syllabus and they will receive a syllabus that aligns their topics with relevant OpenStax chapters and Labster science simulations.