Written by Econintersect
Early Bird Headlines 08 December 2016
Econintersect: Here are some of the headlines we found to help you start your day. For more headlines see our afternoon feature for GEI members, What We Read Today, which has many more headlines and a number of article discussions to keep you abreast of what we have found interesting.
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 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: 12 Reasons To Let Your Employees Play Games
It might seem counter-intuitive to encourage, or even allow, employees to cut loose and play games at work, but the potential benefits might surprise you.
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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.
Written by Dan Steinbock, Difference Group
The Rise of Anti-Establishment Italy
After the UK Brexit and the Trump triumph in the US, the rise of anti-establishment Italy is hardly a surprise. It is the effect of half a decade of failed austerity doctrines in Europe and decades of failed political consolidation in Italy - ever since the notorious Tangentopoli scandals.
Written by Jim Welsh
Macro Factors and their impact on Monetary Policy, the Economy, and Financial Markets
Macro Tides Investment Outlook - December 7, 2016
The recovery since June 2009 has been 60% as strong as the average of the 10 prior post World War II recoveries. There is more than one reason for this lackluster performance. One of the reasons has been the low level of business investment. One of the keys to the success of Trumpsternomics will be whether Trump's plan to lower corporate tax rates and repatriation of overseas profits leads to an increase in business investment.
07Dec2016 Market Close: Wall Street Records New Highs, Health-Care Stocks Tumble, Crude Prices Stall
07Dec2016 Market Update: US Stock Indexes Continue To Climb Higher, Crude Prices Halt Downward Slide
07Dec2016 Pre-Market Commentary: Wall Street Takes A Breather, Crude Prices Slipping, Investors On F
Written by Steven Hansen
The headlines say consumer credit rate of annual growth decreased from last month. Our analysis suggests the rate of loan growth is unchanged.