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So, what's the difference between this new trade deal with Mexico and Canada and the old one, and what are the implications? (68 points, 12 comments)
Do powerful unions increase wages above the optimal level, or do firms with market power cause imperfect competition in the labor market, causing sub optimal wages? (Or both?) (29 points, 2 comments)
How do the salaries of high paid professionals compare between the US and various other developed countries? (28 points, 1 comment)
Just how much more expensive is it to build on mountainous terrain than on flat land? How much more expensive would housing have to be before it's economical to develop the mountains of Hong Kong? (27 points, 5 comments)
When it is said that someone in a third world country lives on a dollar a day, what does that actually mean? (25 points, 19 comments)
How do economists measure unpaid work? (23 points, 8 comments)
What's the economic effect of legal vs illegal immigration? (22 points, 10 comments)
If someone saved enough money to live on investment income, could their descendants live off it indefinitely? (Assuming they don't spend the principle, reinvest to account for inflation, etc, of course.) (20 points, 46 comments)
How effectively can negative externalities be quantified? (11 points, 7 comments)
What are some common misconceptions about economics? (11 points, 19 comments)
Do economists actually calculate consumer surplus empirically, or is it more of s theoretical concept? (19 points, 5 comments)
If we have cobb douglas preferences, my demand for x is not a function of the price of y. How do substitution effects arise then? (13 points, 6 comments)
Is me making more money than I would necessarily require to work( so more than my 'opportunity wage') for a job an economic inefficiency? or is ineffiency in labor markets a wedge between my marginal revenue product and my wage? (11 points, 3 comments)
understanding equilibrium in a dynamic context? (6 points, 1 comment)
Trying to understand economies of scale, e.g. costco (5 points, 5 comments)
Why does inflation necessarily mean wages will be increasing too? (5 points, 3 comments)
question about equilibrium tax incidence (3 points, 1 comment)
trying to understand the utility of theoretical models (3 points, 3 comments)
when firms are earning short run economic profit, does that just mean all factors of production are earning more than their opportunity cost? so firms entering the industry = labor and capital reallocating towards that industry by forming new firms? (3 points, 1 comment)
Do most economists think political and economic freedoms are intrinsically tied together? How do they explain the success of extremely authoritarian capitalist governments (Singapore, China, South Korea, Chile)? (37 points, 25 comments)
Why are salaries for professionals so much higher in the United States than other developed countries? (20 points, 34 comments)
Why do Information Technology workers are so high in demand and earn so much in Western countries but doesn't even get sustenance wage in Bangladesh? (30 points, 10 comments)
Anyone know of a comprehensive list of all the sub disciplines one can do a PhD in Economics, Finance and Business? (6 points, 4 comments)
Which PhD sub disciplines have the least math but still good employability prospects in academia and industry? (5 points, 19 comments)
What is the best website to publish your working papers in Economics? (3 points, 4 comments)
Do I have to prove factual assertions before providing my arguments on economic policy suggestions for a journal article? (2 points, 4 comments)
Why is the Ready Made Garments industry of Bangladesh declining due to withdrawal of trade privileges of Western countries when prices are already competitive in the world market? (2 points, 1 comment)
Are qualitative policy prescription papers accepted by most journals or are they better of in blog posts? (1 point, 7 comments)
What is the best free website for working papers in Economics? (1 point, 3 comments)
Where can I find data on work conditions and how hard is the work of foreign students who work alongside their studies legally or illegally? (1 point, 0 comments)
Which metrics do I need, to find out the effects of outward remittance on a poor economy? (1 point, 5 comments)
Is China still considered a centrally planned economy? (16 points, 4 comments)
Ressources on the Soviet industrial failures due to poor economics? (15 points, 2 comments)
What is the reason behind France's high unemployment rate? (10 points, 13 comments)
About Land Value Tax & Single Tax: how would it affect farmers and those of them who own their land? (9 points, 3 comments)
Does welfare policies contribute to inflation? (2 points, 1 comment)
If a Bitcoin is worth $1 000 000 and some persons like Satoshi have one or more millions of it... what power do they have? Can they disrupt the financial system with the huge amount of dollars that they have? (0 points, 8 comments)
The Tax Bill of 2017 reduced corporate tax rate from 35% to 21%. Tax haven countries have rates as low as 15%. Why would companies be more likely to move money back to the US if they still aren’t getting a better rate? (47 points, 6 comments)
What are some of the most interesting results in economics that are widely well regarded by the academic community to come out in the last decade? (39 points, 7 comments)
So, what's the difference between this new trade deal with Mexico and Canada and the old one, and what are the implications? by benjaminikuta (68 points, 12 comments)
If Bruce Wayne was revealed as Batman, would stock prices and sales skyrocket or plummet for Wayne Enterprises by imadeadinside (65 points, 16 comments)
Why does the economy have to be a series of bubbles and bursts/corrections, rather than a sustained gradual growth? by gh0bs (47 points, 32 comments)
The Tax Bill of 2017 reduced corporate tax rate from 35% to 21%. Tax haven countries have rates as low as 15%. Why would companies be more likely to move money back to the US if they still aren’t getting a better rate? by furikakebabe (47 points, 6 comments)
For all the economists out there that got advanced degrees, what were your most influential assigned readings? by wcoleman22 (45 points, 23 comments)
With Soybeans piling up and a 12 Billion bailout from the trade war, how come tofu isn’t super cheap right now? by kornork (42 points, 3 comments)
Are there any papers/solid arguments about the benefits of having more local business as opposed to corporate consolidation? by TheHoleInMoi (41 points, 2 comments)
Top Comments
68 points: Calvo_fairy's comment in Milton Friedman is well respected by many economists, why aren't there more Libertarians?
62 points: Calvo_fairy's comment in Milton Friedman is well respected by many economists, why aren't there more Libertarians?
54 points: Calvo_fairy's comment in If Bruce Wayne was revealed as Batman, would stock prices and sales skyrocket or plummet for Wayne Enterprises
52 points: Qwernakus's comment in What is the difference between GDP (Nominal), GDP (PPP), and Real GDP ?
50 points: TheoryOfSomething's comment in Which parts of Marxism are theoretically dependent on the labor theory of value and which are not?
47 points: Lucid-Crow's comment in I've heard Marxists claim that central planning is good because the military and corporations do it.
46 points: Integralds's comment in Milton Friedman is well respected by many economists, why aren't there more Libertarians?
44 points: Yankee9204's comment in If Bruce Wayne was revealed as Batman, would stock prices and sales skyrocket or plummet for Wayne Enterprises
43 points: lawrencekhoo's comment in With Soybeans piling up and a 12 Billion bailout from the trade war, how come tofu isn’t super cheap right now?
So, what's the difference between this new trade deal with Mexico and Canada and the old one, and what are the implications? (71 points, 12 comments)
The EU is considering making product life expectancy a mandatory piece of info for consumer electronics. What would the economic implications of that be? (64 points, 24 comments)
Do powerful unions increase wages above the optimal level, or do firms with market power cause imperfect competition in the labor market, causing sub optimal wages? (Or both?) (27 points, 3 comments)
How do economists measure unpaid work? (24 points, 8 comments)
When it is said that someone in a third world country lives on a dollar a day, what does that actually mean? (22 points, 19 comments)
What are some common misconceptions about economics? (14 points, 19 comments)
What would be a better alternative to Bernie's proposal to tax employers of welfare recipients? (14 points, 65 comments)
How effectively can negative externalities be quantified? (10 points, 7 comments)
To what degree has the internet increased the liquidity of the labor market? (7 points, 3 comments)
What happened with the Greek economic crisis? (7 points, 5 comments)
When economists refer to industrialization, does it mean a move from agricultural to manufacturing economy? Is the growth in services a different term? (22 points, 6 comments)
Do economists actually calculate consumer surplus empirically, or is it more of s theoretical concept? (20 points, 5 comments)
If we have cobb douglas preferences, my demand for x is not a function of the price of y. How do substitution effects arise then? (11 points, 6 comments)
Is me making more money than I would necessarily require to work( so more than my 'opportunity wage') for a job an economic inefficiency? or is ineffiency in labor markets a wedge between my marginal revenue product and my wage? (11 points, 3 comments)
why is ceteris paribus important for analyzing/thinking about the world? (11 points, 7 comments)
Why does inflation necessarily mean wages will be increasing too? (6 points, 3 comments)
Can the Euro become the global currency for trade? (17 points, 3 comments)
Is China still considered a centrally planned economy? (16 points, 4 comments)
Ressources on the Soviet industrial failures due to poor economics? (14 points, 2 comments)
What is the reason behind France's high unemployment rate? (9 points, 14 comments)
About Land Value Tax & Single Tax: how would it affect farmers and those of them who own their land? (7 points, 3 comments)
Does welfare policies contribute to inflation? (2 points, 1 comment)
If a Bitcoin is worth $1 000 000 and some persons like Satoshi have one or more millions of it... what power do they have? Can they disrupt the financial system with the huge amount of dollars that they have? (1 point, 8 comments)
Have there been any serious proposals for economic systems that don't use money? (23 points, 67 comments)
Could a company ever become quality-control for a market in which they're competing, assuming no government interference? (16 points, 4 comments)
Is there a formal name for this? (15 points, 6 comments)
Why are second-hand clothing donations fundamentally different from other types of imports? (5 points, 1 comment)
I saw this article on a UN report calling for the dismantling of Capitalism to stop Global Warming, and was wondering what most economists think of the claims? (3 points, 4 comments)
Peter Navarro and Lyndon Larouche? (2 points, 1 comment)
Does income inequality really matter? (19 points, 39 comments)
What happens when there's a surplus of labour? Can there ever be a point where the wages earned are less than the cost of living? (10 points, 2 comments)
Not sure if this is the kind of question I should be asking here. I’m an Undergrad Econ major and I’m looking for reading recommendations. Anything from economic theory, history, current research, etc. Main interest is Macro. Thanks (4 points, 5 comments)
If free trade is so good, then why do countries insist on making trade deals? Why can't we just abolish all tariffs? (18 points, 11 comments)
If climate change is such a huge problem, then why aren't countries utilizing nuclear energy more? (8 points, 17 comments)
Do I understand the problem with"trickle-down" economics correctly? (6 points, 38 comments)
How much of the Reagan administration's deficits could be attributed to increased defense spending? (3 points, 3 comments)
If automation will result in less jobs, then shouldn't the government stop incentivizing childbirth through tax credits and stop immigration? (1 point, 12 comments)
So, what's the difference between this new trade deal with Mexico and Canada and the old one, and what are the implications? by benjaminikuta (71 points, 12 comments)
If Bruce Wayne was revealed as Batman, would stock prices and sales skyrocket or plummet for Wayne Enterprises by imadeadinside (66 points, 16 comments)
The EU is considering making product life expectancy a mandatory piece of info for consumer electronics. What would the economic implications of that be? by benjaminikuta (64 points, 24 comments)
Those who went into the job market after an Econ Undergrad, what do you do and briefly what does it entail? by Akehc99 (49 points, 27 comments)
What would happen if the US printed $12.3 trillion tomorrow and paid off all of its debt? by piltonpfizerwallace (48 points, 31 comments)
Why does the economy have to be a series of bubbles and bursts/corrections, rather than a sustained gradual growth? by gh0bs (45 points, 32 comments)
What is the difference in knowledge between academic economists(Krugman, Acemoglu, Mankiw etc) and hedge fund managers and the like(Soros, James Simons)? by deleted (43 points, 5 comments)
You've just been declared supreme potentate of Venezuela. Now how do you fix the economy? by Turnt_Up_For_What (42 points, 24 comments)
Top Comments
62 points: Calvo_fairy's comment in Milton Friedman is well respected by many economists, why aren't there more Libertarians?
62 points: Calvo_fairy's comment in Milton Friedman is well respected by many economists, why aren't there more Libertarians?
59 points: RedditUser91805's comment in The EU is considering making product life expectancy a mandatory piece of info for consumer electronics. What would the economic implications of that be?
58 points: arctigos's comment in What do most Economists think about The Economist?
55 points: hbtn's comment in Why are Little Caesar's cheese pizzas the same price as its pepperoni pizzas?
54 points: Calvo_fairy's comment in Could someone explain the wage gap and whether it's a myth or not.
51 points: Calvo_fairy's comment in If Bruce Wayne was revealed as Batman, would stock prices and sales skyrocket or plummet for Wayne Enterprises
51 points: RedditUser91805's comment in You've just been declared supreme potentate of Venezuela. Now how do you fix the economy?
51 points: smalleconomist's comment in What are the most commonly held misconceptions about economics among people with at least some background?
49 points: TheoryOfSomething's comment in Which parts of Marxism are theoretically dependent on the labor theory of value and which are not?
Kevin Warsh and Stan Druckenmiller Just Invested In a Cryptocurrency That's Designed to Be Boring
This is the best tl;dr I could make, original reduced by 37%. (I'm a bot)
Digital currencies are risky, volatile investments, and that's what speculators love about them. A group of Silicon Valley venture capitalists and Wall Street fixtures are spending $133 million on a cryptocurrency that's boring by design. The startup behind it wants to create an "Algorithmic central bank," inspired by economic principles that underpin fiat currency to adjust supply and minimize price swings. "We've designed this to be a cryptocurrency but without the volatility that we believe has prevented popular adoption to date," said co-founder Nader Al-Naji. Basis said Wednesday that it sold $133 million in a pre-sale coin offering to the venture capital arms of Alphabet Inc. and Bain Capital, as well as Andreessen Horowitz, Foundation Capital and Lightspeed. Economists have supported Basis's thesis that drastic price fluctuations common among digital currencies will limit their mainstream appeal as a place to store money long-term.
Summary Source | FAQ | Feedback | Topkeywords: capital#1cryptocurrency#2currency#3common#4price#5 Post found in /technology, /CryptoCurrency and /Forex. NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.
High income user looking for best travel/general rewards card
Title says it all - I am a relatively high income (120k/yr) 28 yo user still using my college beginners credit card. I'm leaving lots of money on the table in CC bonuses/rewards and want to get a card that will help maximize the utility of the dollars I spend every month. I've checked NerdWallet and just wanted to hear what folks here have to say. Priority is on flexibility for travel redemption (meaning airlines and hotels with no forex). I don't care about the interest rate because I pay off in full monthly. Don't care about anything sub $100 annual fee because I spend enough to make that up on a good card fairly quickly. From what I've read, Starwood AmEx and Barclay's Elite are the two best cards. All of my consultant friends (Bain, McKinsey, BCG) swear by their Starwood but Barclays seems to be a bettemore flexible offering for folks who travel less frequently (I don't travel for work that often so I won't be getting the 5x Starwood bonus as frequently). Thoughts? Suggested readings? Thanks!
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Forex Educational Tutorials and Course by Peter Bain
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