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3 posts tagged with Economics by saulgoodman.
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Your Efficient Markets at Work

How a fire in a small German town threatens to cause a worldwide car shortage. "When a fire in the small town of Marl in the west of Germany closed down an obscure chemical plant on 31 March, it barely made headlines." Now according to a recent IHS Automotive report, "shortages of the obscure component are 'likely to be serious.'"
posted by saulgoodman on Apr 19, 2012 - 33 comments

The Luxury Prime

"The rich are different than you and me." A new study out of the Harvard Business School suggests that frequent use of luxury goods and services may encourage a narrower, more self-interested view of the world. Here's a link to the report itself. (Achtung! it's a PDF.)
posted by saulgoodman on Jan 5, 2011 - 72 comments

Sometimes When You Give, You Get Back

TARP investments yield 15% returns. Almost trom the start, critics characterized the TARP program that first began under the Bush administration and that continued through early this year under President Obama as a taxpayer funded giveaway, while government officials insisted it was a long-term investment program whose initial costs would eventually turn a profit as economic recovery began. Now the NY Times reports that the program has already yielded $4 billion in profits, and a separate report reveals that related Federal Reserve loan programs aimed at economic stabilization have returned $14 billion in profits.
posted by saulgoodman on Aug 31, 2009 - 119 comments

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