Study: Lobbyists into Government 

Lobbyists are trained to influence and persuade government officials to act on behalf of their corporation. Lobbying firms often hire men and women with prior government experience to gain access to their connections. A new study entitled “Lobbyists into Government” (Benjamin C. K. Egerod and Joshua McCrain (2023)) examines what occurs when a lobbyist transitions […]

The true price of a Japanese cinema ticket

From June, the price of watching a film at Japan’s biggest cinema chain, Toho, will rise by ¥100 ($.074): a hike of between 5 to 8 per cent depending on the type of ticket. Not wallet-shredding or even audience-deterring, perhaps, but critical for the new world it symbolises. For the school of thought that believes […]

Traders raise the chances of a Fed rate cut following inflation report

Shoppers during the grand opening of a Costco Wholesale store in Kyle, Texas, on Thursday, March 30, 2023. Jordan Vonderhaar | Bloomberg | Getty Images Even with inflation running well above the Federal Reserve’s goal, markets became more convinced Wednesday that the central bank will be cutting interest rates by as soon as September. The […]