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Americans Lost $100+ Million to Online Scams in 2014

May 26th, 2015
in News, econ_news, syndication

by Felix Richter, Statista.com

In 2014, victims of Internet crimes in the United States lost more than $800 million as a new report published by the FBI's Internet Crime Complaint Center reveals.

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The Skyscrapers of the Future will be Made of Wood

May 26th, 2015
in econ_news

by Peter Wilson, The Conversation

Vancouver-based architect Michael Green was unequivocal at a conference at which I heard him speak a while ago:

“We grow trees in British Columbia that are 35 storeys tall, so why do our building codes restrict timber buildings to only five storeys?”

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Early Headlines: Revolutionary new Silk Road, GM and Deere Want to Force Only Factory Authorized Repair, China Sea Power, Greece Fights On and More

May 26th, 2015
in News, econ_news, syndication

Early Bird Headlines 26 May 2015

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.

early-bird-301-180

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Earnings and Economic Reports: Week Starting 25 May 2015

May 26th, 2015
in News, econ_news, syndication

Written by Merlin Rothfeld, Online Trading Academy

Econintersect: Here is a day-by-day rundown of the global economic calendar events for the coming week and the important earnings announcements each day, as well.

Video presentation follows the Read more >> jump.merlin-rothfeld-ptr-380px
Merlin Rothfeld

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Averting Financial Crises: Advice From Classical Economists

May 25th, 2015
in econ_news

by Thomas M. Humphrey - Econ Focus, Federal Reserve Bank of Richmond

The story of how central banks handled the global financial crisis in 2007-2008 is now familiar: They bent the traditional rules of lending to provide emergency funds to a wide array of institutions that lacked short-term financing, hoping to keep the institutions alive and minimize recession and job loss. Since then, scholars have continued to debate central bank crisis procedures. The starting point for many is the 19th century classical economists, whose prescriptions would go on to govern some of the world's most successful central banks.

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