Daily Economy
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Medical Cartel Fears Dose of Amazon
After the announcement, insurers Cigna and Anthem stocks dropped by more than 5 percent, while UnitedHealth, Aetna, and Humana were down about 3 percent. Even popular drug stores, CVS and Walgreens, declined more than 4 percent.
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New Yorkers Pick Up the Tab for Construction Pensions
Over the past 10 years, prevailing wages earned by New York public construction workers have almost doubled the rate of inflation. There is just one problem. Most of the increase didn’t go into their pockets.
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Why the Crypto Community Needs to Support AIER
We’ve worked to counter the negative opinions of people at once-mighty institutions like the Bank for International Settlements and on. And the research you read here truly matters. AIER is not just another Medium account; it is one of the world’s most respected voices in economics. We have both the credibility and longevity. To win…
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Pro-Trade Economists Helped Elect Trump the Protectionist
Economists tend to minimize those people who are hurt in the short run by free trade, but they’re hard to ignore as a political voting bloc.
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More Guns, Less Crime?
What makes More Guns, Less Crime special is Lott’s uncanny ability to weave economic concepts with gun policy. The power of this text lies in its ability to make any economist or casual observer of economics feel at home.
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What Is a Price?
The large drop in financials of all sorts – both conventional and crypto – have people wondering what went wrong. What could have triggered this stunning sell off? What has spooked the markets? When there are no obvious answers, and there really aren’t this time around, it tempts people to believe that markets themselves are…
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Large Businesses Might Adopt Blockchain Technology Faster Than Individuals
Blockchain technology won’t truly be pervasive until people gain enough intuitive understanding of the technology to trust it. That could be a slow process.
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What If We Keep Declassifying Government?
Trump’s decision to declassify this memo is a great start. Declassify more. Declassify it all. What will we discover? We will find the great myth of the modern age – that government can be neutral, public spirited, and full of non-stop integrity – completely refuted. Government is not really about service to others; it’s about…
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Why Unpaid Internships Make Sense
In a perfect universe, everyone would be automatically productive, and firms would have deep pockets to hire employees right away with full salaries. The reality is that taking on a new employee is costly; replacing one is even harder; time constraints are real; and competition is fierce, especially for small and medium-size firms with cash-strapped budgets.
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•
Payroll Gains Are Slowly Boosting Wage Increases
U.S. nonfarm payrolls added 200,000 jobs in January, the third monthly gain at or above 200,000 in the last four months, helping boost wage growth to 2.9 percent, the highest rate since 2009.
-
•
Medical Cartel Fears Dose of Amazon
After the announcement, insurers Cigna and Anthem stocks dropped by more than 5 percent, while UnitedHealth, Aetna, and Humana were down about 3 percent. Even popular drug stores, CVS and Walgreens, declined more than 4 percent.
-
•
New Yorkers Pick Up the Tab for Construction Pensions
Over the past 10 years, prevailing wages earned by New York public construction workers have almost doubled the rate of inflation. There is just one problem. Most of the increase didn’t go into their pockets.
-
•
Why the Crypto Community Needs to Support AIER
We’ve worked to counter the negative opinions of people at once-mighty institutions like the Bank for International Settlements and on. And the research you read here truly matters. AIER is not just another Medium account; it is one of the world’s most respected voices in economics. We have both the credibility and longevity. To win…
-
•
Pro-Trade Economists Helped Elect Trump the Protectionist
Economists tend to minimize those people who are hurt in the short run by free trade, but they’re hard to ignore as a political voting bloc.
-
•
More Guns, Less Crime?
What makes More Guns, Less Crime special is Lott’s uncanny ability to weave economic concepts with gun policy. The power of this text lies in its ability to make any economist or casual observer of economics feel at home.
-
•
What Is a Price?
The large drop in financials of all sorts – both conventional and crypto – have people wondering what went wrong. What could have triggered this stunning sell off? What has spooked the markets? When there are no obvious answers, and there really aren’t this time around, it tempts people to believe that markets themselves are…
-
•
Large Businesses Might Adopt Blockchain Technology Faster Than Individuals
Blockchain technology won’t truly be pervasive until people gain enough intuitive understanding of the technology to trust it. That could be a slow process.
-
•
What If We Keep Declassifying Government?
Trump’s decision to declassify this memo is a great start. Declassify more. Declassify it all. What will we discover? We will find the great myth of the modern age – that government can be neutral, public spirited, and full of non-stop integrity – completely refuted. Government is not really about service to others; it’s about…
-
•
Why Unpaid Internships Make Sense
In a perfect universe, everyone would be automatically productive, and firms would have deep pockets to hire employees right away with full salaries. The reality is that taking on a new employee is costly; replacing one is even harder; time constraints are real; and competition is fierce, especially for small and medium-size firms with cash-strapped budgets.
-
•
Payroll Gains Are Slowly Boosting Wage Increases
U.S. nonfarm payrolls added 200,000 jobs in January, the third monthly gain at or above 200,000 in the last four months, helping boost wage growth to 2.9 percent, the highest rate since 2009.