Written by John Lounsbury
Econintersect: Steve Keen says that, although you cannot derive economics from thermodynamics, economic theorems cannot violate the laws of thermodynamics. In this new lecture, Prof. Keen discusses definitions of value and why, even though there have been many theories of value, none of the main schools of thought have gotten it right.
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.
This feature is published every day late afternoon New York time. For early morning review of headlines see "The Early Bird" published every day in the early am at GEI News (membership not required for access to "The Early Bird".).
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by Felix Richter, Statista.com
Former world number one Serena Williams kicked off her Australian Open campaign in style, beating the Swiss hopeful Belinda Bencic 6:3 6:4 on Tuesday
Infographic Of The Day: Why Pets Make Us Happy
It's no secret that humans love having pets of all shapes and sizes, and turn to them for comfort and entertainment.
This widget provided by DailyForex.com Forex News & Brokers;
Written by Sig Silber
NOAA maintains the fiction that we have a La Nina and now forecasts two weeks of wet followed by two weeks of dry. This part of the forecast may indeed work out if the ridge forecast over the Western U.S. materializes. We should be having very interesting and highly changeable weather for the next 30 days at least. At this point, three storms are teed up to impact the West and Southwest within the next ten days. Then the pattern changes to a more dry pattern. The temperature changes may be even more rapid.
from The Conversation
-- this post authored by George Feiger, Aston University
Many people feel that the capitalist economic system delivers wealth to a few and somehow cheats the rest of opportunity. I agree: our market system is being looted by a small minority and the only real solutions call for courageous measures.
by Investing Daily, Investing Daily
--this post authored by Joe Duarte
Investing Daily Article of the Week
The stock market is in a bit of a pickle, as is maybe the entire world. As the Trump inauguration nears, the war of words between the president-elect and just about everyone else is heating up and the potential for higher volatility is increasing in the markets.
18Jan2017 Market Close: US Stock Markets Closed Mostly Higher, Crude Prices Slipping Further, US Dol
18Jan2017 Pre-Market Commentary: Wall Street Opening To Be Higher, But For How Long As The Trump Ral
Written by Steven Hansen
The consolidated economic report from the 12 Federal Reserve Districts (Beige Book) stated "the economy continued to expand at a modest pace across most regions from late November through the end of the year". The previous report stated the economy expanded at "that the economy continued to expand across most regions from early October through mid-November".