Brick-and-Mortar Retailers must Reinvent Themselves to Survive the Shift to Online Shopping

January 3rd, 2015
in Op Ed

by George Cook, The Conversation

Department stores and other brick-and-mortar retailers registered another lackluster holiday shopping season, while online sales have remained upbeat since Cyber Monday. As more consumers spend a larger share of their dollars online, does this signal the days of shopping at department stores and shopping malls are numbered?

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Where does Economics Go in 2015?

January 3rd, 2015
in Op Ed

by Dirk Ehnts, Econoblog101

I am reading a PhD thesis and found a memorable quote by Leontieff.

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Why You Should Be Prepared for Both Inflation and Deflation

January 2nd, 2015
in Op Ed

by James Rickards, Daily Reckoning

Today's investment climate is the most challenging one you have ever faced. At least since the late 1970s, perhaps since the 1930s. This is because inflation and deflation are both possibilities in the near term. Most investors can prepare for one or the other, but preparing for both at the same time is far more difficult. The reason for this challenging environment is not difficult to discern.

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Association of German Banks: Loanable Funds Theory Fails.

January 1st, 2015
in Op Ed

by Dirk Ehnts, Econoblog101

The Association of German banks has released a press statement (in German) which is very interesting. According to a survey, Germans keep their wealth in the form of bank deposits at different maturities even though interest rates are low.

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Hoppe on Democracy, Progress, and the State

January 1st, 2015
in Op Ed

by David Gordon,

[This is David Gordon's introductory essay to Hans-Hermann Hoppe's new book From Aristocracy to Monarchy to Democracy.]

Hans-Hermann Hoppe is a master of theoretical history. He tells us that

it is not my purpose here to engage in standard history, i.e., history as it is written by historians, but to offer a logical or sociological reconstruction of history, informed by actual historical events, but motivated more fundamentally by theoretical - philosophical and economic - concerns.

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