Henderson on Illegal Weed – Econlib
As more and more state governments legalize recreational use of marijuana—14 had done so by 2021—an obvious question to ask is, will the amount of legal marijuana sold and consumed eventually exceed the amount of illegal marijuana sold and consumed? Thinking through the economics, my answer would have been yes: Make marijuana legal and the […]
Links 9/30/2023 | naked capitalism
Octopus Intelligence Is Unlike Anything We Know Mind Matters (David L) Purr-fectly unexpected: Cat-astrophe as nail tech invades cat café Thaiger (furzy) Kelping is a ‘global phenomenon’ sweeping the world of humpback whales, scientists say Live Science (David L) Sea Lion Escapes From Central Park Zoo Enclosure During Flooding New York Times (David L). On […]
Market Talk – September 29, 2023
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 14.90 points or -0.05% to 31,857.62 Shanghai closed Hang Seng increased 436.63 points or 2.51% to 17,809.66 ASX 200 increased 23.80 points or 0.34% to 7,048.60 Kospi closed SENSEX increased 320.09 points or 0.49% to 65,828.41 Nifty50 increased 114.75 points […]
Good news for inflation hawks
An economic indicator the Federal Reserve favors as an inflation gauge rose less than expected in August, showing that the central bank’s fight against higher prices is making progress The personal consumption expenditures price index excluding food and energy increased 0.1% for the month, lower than the expected 0.2% gain from the Dow Jones consensus […]
