‘Public Trust’—A Key Legal Tool to Preserve Our Natural Resources
Yves here. While in theory the public trust angle seems a promising mechanism for preventing or impeding private control and resulting rentierism of essential resource, my impression is this article is very misleading as to the trajectory of these rights. Perhaps some well informed readers will beg to differ and if so, please pipe up […]
ADP jobs report December 2022:
The jobs market closed out 2022 on a high note, with companies adding far more positions than expected in December, payroll processing firm ADP reported Thursday. Private payrolls rose by 235,000 for the month, well ahead of the 153,000 Dow Jones estimate and the 127,000 initially reported for November. While the goods-producing sector increased by […]
Will investors have another awful year in 2023?
After a nightmarish 2022, shell-shocked investors have losses to recoup and plenty to ponder. There are asset-class allocations to be made, industries to favour or shun and every economic variable under the sun to forecast. Professional money managers have the extra headache of working out how to stop nervous clients racing for the exits. But […]
Imagine an India without hawkers
India’s vast informal economy is both a blessing and a curse. The hundreds of millions who toil in it—without contracts, outside the tax system, often on miserable incomes—are the human engine for the country’s farms, hawker stands and rickshaws, providing food, transport and even phone repair and currency exchange. They shape how India looks (the […]
Combatting Midlife FOMO – Econlib
We warn you to prepare for this deep dive conversation about life, midlife, and our inevitable death. EconTalk host Russ Roberts holds the view that “the poignance of death adds a richness to day-to-day life,” a thought he’s shared in previous episodes. In this episode, Russ welcomes philosopher Kieran Setiya, who shares personal stories […]
Manufacturing-Sector Contracts Again in December
The Institute for Supply Management’s Manufacturing Purchasing Managers’ Index fell to 48.4 percent in December, the second consecutive reading below neutral and the lowest level since May 2020. The survey suggests the manufacturing sector contracted in December (see the first chart). Nearly every component index was below neutral for the month (see second chart). According […]
Wanted: a new economics writer
The Economist is looking to hire an international economics correspondent, ideally based at first in London. Journalistic experience is not necessary. The ability to write clearly and entertainingly is crucial. So is a thorough understanding of economics—including current-account and sovereign-debt crises—and an ability to work with data. The writer will be responsible for coverage of […]
