Economic Bubble

Positive correlation between inflation and unemployment creates a unique set of challenges for fiscal policymakers. Policies that are effective at boosting economic output and bringing down unemployment tend to exacerbate inflation, while policies that rein in inflation frequently constrain the economy and worsen unemployment. Key Takeaways According to economic theory,…

Left: Los Angeles, Right: Tokyo. Writer Colin Marshall presents a case for seeing Tokyo, Japan and Los Angeles, California as sibling cities, two places that have much in common formally, visually, and materially while remaining distinct and uncategorizable all the same. The two megalopolises possess a deep similarity," according to Marshall: They…

An asset bubble occurs when the price of a financial asset or commodity rises to levels that are well above either historical norms, the asset's intrinsic value, or both. The problem is that since the intrinsic value of an asset can have a very wide range, a …

Authored by Olivia Li via The Epoch Times, A local from Wuhan City videotaped herself lashing out at the Chinese Communist Party (CCP) for the way it handled the coronavirus outbreak that has killed scores of people in China, including her own relative(s). The video was recorded on Jan. 26 and has…

The unemployment rate in December was unchanged from the previous month at 2.2 percent, reflecting a labor shortage due to the rapidly graying population, government data showed Friday. The number of unemployed was 1.45 million in the reporting month, down 1…

text from a review at thethoughtfulgamer.comI’ve got to hand it to James Naylor, first time designer and publisher of Magnate: The First City. He didn’t play it safe. Not only did he make a somewhat obtuse game to dive into, where multiple pages of the rulebook are required to explain…

In Moscow, Russian President Vladimir Putin is proposing a new constitution. Meanwhile, in Washington, US President Donald Trump is disposing of the old constitution. The first is a demonstration of power meant to showcase the unity of the Russian political system behind a strong leader. The second is an act…

(Bloomberg) -- Follow Bloomberg on Telegram for all the investment news and analysis you need. Japans stock market could rally toward levels unseen since before the nations economic bubble burst about three decades ago, if so-called golden cross patterns are…

Python is arguably the programming language nowadays. We’ll explore why that might be the case, what the current trends within the Python community are, and what packages and tools you might want to get acquainted with if you don’t want to be left behind. If…

For better or worse, it’s all Trump’s fault all the time. House Speaker Nancy Pelosi’s delay in forwarding two articles of impeachment to the Senate removed any doubt that the primary motivation for impeaching Trump was political, not constitutional. Her del…