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The Macroeconomics of Brexit: Motivated Reasoning?



‘Game of Thrones’: Why Cersei Lannister Isn’t the Villain

The morality of Game of Thrones can be difficult to suss out at times. We have a spectrum that ranges from “irredeemably evil” (see Bolton, Ramsay), to “indisputably heroic” (all hail the new King in the...



College-Educated Workers Now Dominate the Labor Market

For decades, workers with a four-year degree have out-earned their less-educated peers. Now, they’re also the largest share of the labor market. That’s the finding of a new report from Georgetown University’s Center on Education...



Cramer: Intel is the key to this market

CNBC's Jim Cramer has seen the future of tech, and it's all about being the brains behind...



China's central bank willing to let yuan fall to 6.8 per dollar: Sources

The central bank will aim to ensure a gradual decline to prevent the sort of capital outflows that shook the economy earlier this...



George Soros Full Remarks – “European Union Is In mortal Danger”

George Soros is alive and well (despite the rumors) and he is back in the geopolitical arena – this morning warning once again of the dire consequences of the Brexit and what the world must do to prevent another financial crisis. Below are the...



Netflix, Inc. – ‘We Continue To Look Into China’

Netflix will continue to look into the possibility of entering China in a bid to develop its subscriber base outside the U.S., Chief Content Officer Ted Sarandos said at a media event in Seoul on Thursday. Without giving details, he said,...



Hey Kids! Great Jobs Available Doing Silly Caricatures of Arguments on Trade Policy

Sure, it's tough to get a job in reporting that pays a decent wage. But now you can get on the fast track to a successful career in journalism by writing pieces that make fun of opponents of U.S. trade policy. No knowledge of the economic theory of...



On (Not) Teaching Economics in High School

Tyler over at Marginal Revolution finds that about 20 states require some teaching of economics in high school. Implicit in the post is that requiring economics is a good thing. And why not? After all, the state of economic literacy in America is...



The 13 Best New TV Shows Coming in 2016

2016 is set to be a big year for television, with a slew of wide-ranging new series headed our way. From the latest superhero titles from the CW and Netflix to Ryan Murphy’s newest anthology series to another quirky comedy from FX, there seems to...



Links for 06-30-16

Monetary Policy Transmission before and after the Crisis - Liberty Street Alfred Marshall: Not Competition, But Deliberateness and Freedom - Tim Taylor Working mothers and the importance of economic security - Equitable Growth NAFTA and...



Sanders And Trump On Free Trade: Monkey See, Monkey Do

Sanders And Trump On Free Trade: Monkey See, Monkey Do by Joey Clark, Foundation For Economic Education Having been supposedly vanquished by Hillary Clinton in the Democratic primary, Bernie Sanders persists in being a naughty little monkey despite the...



The Marvel Cinematic Universe Movies Ranked, From Worst to Best

Marvel Comics spent most of the 20th century as a scrappy underdog, forever eclipsed by its big brother company DC, but with the turn of the 21st century, that all began to change. As X-Men and Spider-Man reinvigorated the comic book movie genre, Marvel...



Billionaire GOP Donor Says Trump Could Create 'Widespread Global Depression'

A Wall Street billionaire thinks a Donald Trump presidency could spell doom for the global economy. Paul Singer, who runs the hedge fund Elliott Management and has been a big GOP donor in the past, told a crowd at the Aspen Ideas Festival that...



Clinton Heavily Favored to Win

Nate Silver told ABC News that Hillary Clinton has a 79% chance of winning the election, compared to Trump’s 20%. Said Silver: “We’re at halftime of the election right now. She’s taking a seven-point, maybe a...



I hate Donald Trump. But he might get my vote.



Money, Hate And Hard Feelings: Brexit Fallout Continues In U.K., Europe

The U.K.'s credit rating has been downgraded. British police say there's been a rise in reports of hate crime incidents. And passions ran high on the floor of the...



Details-Schmetails!: Brexit And Uncertainty

An FB friend of mine skeptical that Brexit will have much of a negative economic impact has put up a post entitled "Brexit-Schmexit!"  To this I say, "Details-Schmetails!" because the widely varying possible impacts of...



How EU Overreach Pushed Britain Out

In the end, despite all the warnings and dire forecasts, the British people voted to take their chances by leaving the EU. If the EU is to save itself from further disintegration, it needs to understand its own role in that...



Fed Watch: Powell First Out Of The Gate

Tim Duy: Powell First Out Of The Gate, by Tim Duy: The first Fed speaker of the post-Brexit era delivered a decidedly dovish message. Confirming the expectations of market participants, Federal Reserve Governor Jerome Powell made clear that the Fed...



STOCKS RALLY: Here's what you need to know (SPY, SPX, DJI, IXIC)

Stocks rallied on Tuesday for the first time since Britain's decision to leave the European Union sent global markets into free fall.  First, the scoreboard: Dow: 17,403.46, +263.22, (1.54%) S&P 500: 2,035.69,...



A great migration of trading talent is about to start

The UK is leaving Europe.  More than 17 million people voted last week for the country to leave the European Union, winning a referendum, triggering the resignation of the country's prime minister, and a downgrade of its credit...



5 things to fill the void now 'Game of Thrones' is over

Now that Game of Thrones is finished for at least another year, how are we supposed to live? Like any good breakup, distraction is the only answer. Before you give into grief, put that chin up and dive into this list of Game...



China's Li won't allow 'rollercoaster' markets after Brexit

BEIJING (Reuters) - Chinese Premier Li Keqiang said on Tuesday he wouldn't allow the post-Brexit panic that roiled global currencies and stocks to send the country's financial markets into a tailspin, an indication authorities would intervene...



The dollar is slipping

Good morning! The US dollar is slipping as the post-Brexit hysteria starts to die down. The dollar index is down by 0.6% at 95.93 at 7:34 a.m. ET.   "A measure of calm has returned to global financial markets. Yet...



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The Macroeconomics of Brexit: Motivated Reasoning?



Sanders And Trump On Free Trade: Monkey See, Monkey Do

Sanders And Trump On Free Trade: Monkey See, Monkey Do by Joey Clark, Foundation For Economic Education Having been supposedly vanquished by Hillary Clinton in the Democratic primary, Bernie Sanders persists in being a naughty little monkey despite the...



Paul Krugman: Brexit: The Morning After

"Worry about Britain": Brexit: The Morning After, by Paul Krugman, NYTimes: Well, that was pretty awesome – and I mean that in the worst way. ... That said, I’m finding myself less horrified by Brexit than one might have...



A great migration of trading talent is about to start

The UK is leaving Europe.  More than 17 million people voted last week for the country to leave the European Union, winning a referendum, triggering the resignation of the country's prime minister, and a downgrade of its credit...



George Soros Full Remarks – “European Union Is In mortal Danger”

George Soros is alive and well (despite the rumors) and he is back in the geopolitical arena – this morning warning once again of the dire consequences of the Brexit and what the world must do to prevent another financial crisis. Below are the...



I hate Donald Trump. But he might get my vote.



George Soros: With Brexit, EU Now On The Verge Of Collapse

George Soros is back again with a dire warning – the Brexit could lead to the disintegration of the European Union. I noted in his earlier op-ed that Soros only focused on UK concerns with the EU and not with a EU break-up, but that it must...



6 ‘Star Wars’ Characters Who Deserve Their Own Video Games

Source: Lucasfilm Star Wars is a rich world of ancillary characters and never-ending story opportunities. We’ve seen games take place thousands of years before the films, alongside the films, and after the films. And we’ve had playable...



China's central bank willing to let yuan fall to 6.8 per dollar: Sources

The central bank will aim to ensure a gradual decline to prevent the sort of capital outflows that shook the economy earlier this...



College-Educated Workers Now Dominate the Labor Market

For decades, workers with a four-year degree have out-earned their less-educated peers. Now, they’re also the largest share of the labor market. That’s the finding of a new report from Georgetown University’s Center on Education...



5 things to fill the void now 'Game of Thrones' is over

Now that Game of Thrones is finished for at least another year, how are we supposed to live? Like any good breakup, distraction is the only answer. Before you give into grief, put that chin up and dive into this list of Game...



Netflix, Inc. – ‘We Continue To Look Into China’

Netflix will continue to look into the possibility of entering China in a bid to develop its subscriber base outside the U.S., Chief Content Officer Ted Sarandos said at a media event in Seoul on Thursday. Without giving details, he said,...



Is the middle class moving up?

Despite perceptions to the contrary, living standards for most people have been steadily...



Hey Kids! Great Jobs Available Doing Silly Caricatures of Arguments on Trade Policy

Sure, it's tough to get a job in reporting that pays a decent wage. But now you can get on the fast track to a successful career in journalism by writing pieces that make fun of opponents of U.S. trade policy. No knowledge of the economic theory of...



Bottom Line Nation: How Housing’s New Players Spiraled Into Banks’ Old Mistakes

Some private equity firms that came in as the cleanup crew for the housing crisis are now repeating errors that banks committed, while others are bypassing the working...



On (Not) Teaching Economics in High School

Tyler over at Marginal Revolution finds that about 20 states require some teaching of economics in high school. Implicit in the post is that requiring economics is a good thing. And why not? After all, the state of economic literacy in America is...



Chipotle Has A Sad New Plan To Win Us All Back

What do you do after suffering E. coli breakouts and a couple norovirus scares?  Invent a rewards program, of course. That'll win 'em back! The strategy seems worth a try to Chipotle. The company is...



Money, Hate And Hard Feelings: Brexit Fallout Continues In U.K., Europe

The U.K.'s credit rating has been downgraded. British police say there's been a rise in reports of hate crime incidents. And passions ran high on the floor of the...



3 Hottest Housing Markets in America Right Now

Hot housing market | Justin Sullivan/Getty Images The real estate market is on fire. Home prices continue to climb higher, the average new single-family home is now bigger than ever, low-document loans are starting to resurface, and Rocket Mortgage ads...



TRUMP STARES DOWN GLOBALISTS...

TRUMP STARES DOWN GLOBALISTS...(First column, 3rd story, link)Related stories:BERNIE: DEMS BETTER WAKE UP... ...