by Felix Richter, Statista.com
More people are afflicted with diabetes every year and the cost is rising. Treatment of the disease is costly, in addition to the human suffering involved.
Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary 'reading list' which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for 'reading list' items are gratefully reviewed, although sometimes space limits the number included.
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by Philip Pilkington
In her excellent book Economic Philosophy (available as a PDF here) Joan Robinson undertakes an extensive discussion of marginal utility theory. Here I will be more so interested in her technical criticisms. But before going into these it should be noted that Robinson characterises the impetus of marginal utility theory in a way many might find unusual.
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Infographic Of The Day: Copyright - Illegal Download
People are talking about how they just saw the latest movie or how they are watching the latest TV shows episode. They are downloading illegally and they talk about it like its nothing.
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Written by Sig Silber
Global Warming takes a break at least for CONUS as cold is the forecast for the Northern Tier of CONUS (and points North). It first looked like this would be a meridional pattern bringing record cold down to the Southwest but the Jet Stream turned zonal in the nick of time. So the cold air is being distributed more equitably. Waiting for NOAA to walk back their incongruous La Nina Advisory...probably December 8.
by Ellen Brown, Web of Debt
To stimulate the economy, create new jobs, and generate new GDP requires an injection of new money. Borrowing from the bond markets or off-balance-sheet in public/private partnerships won't do it. If Congress won't issue money directly, it should borrow from banks, which create money on their books when they make loans.
Written by Investing.com Staff, Investing.com
U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.72%
U.S. stocks were higher after the close on Friday, as gains in the Healthcare, Consumer Goods and Utilities sectors led shares higher.
At the close in NYSE, the Dow Jones Industrial Average gained 0.72% to hit a new all time high, while the S&P 500 index climbed 0.59%, and the NASDAQ Composite index gained 0.50%.
09Dec2016 Market Close: Wall Street Closes On A New High, Trump Sugar High, Crude Prices Testing Res
09Dec2016 Market Update: New Highs, New Correction Concerns Loom, Short-term Indicators Remain Bulli
09Dec2016 Pre-Market Commentary: Wall Street Set To Open Flat, But On The Green Side, WTI Crude Atta
ECRI's WLI Growth Index which forecasts economic growth six months forward remains in positive territory for the 37th week - after spending the previous 35 consecutive weeks in negative territory. This is compared to RecessionAlerts similar weekly leading index. Also ECRI released their inflation outlook this past week.