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Showing posts from December, 2019

The 2010s Have Been Amazing

https://www.wsj.com/articles/the-2010s-have-been-amazing-11576540377?emailToken=e588fd1ba25779309fb0c15cbeb59ce9sWSJ473GwP+uF6YQWt6QoLrcDFq2TpsI752uqgAc7tAu/IyDYXIDSMUttYm8443DAcG0KKzjWGdHVaN8y2Ddkw%3D%3D&reflink=article_copyURL_share

Brexit’s Advance Is Latest Blow to Postwar Trade Order

https://www.nytimes.com/2019/12/13/business/economy/uk-election-brexit-trade.html?smid=nytcore-ios-share

EQUITY MARKET COMMENTARY

https://drive.google.com/a/ucls.uchicago.edu/file/d/0BwdvEG3Mi2VpQTlreUwtdVI0T2J5MV90ejNzWVVSNEpFdmpB/view?usp=drivesdk

Investors Bail on Stock Market Rally, Fleeing Funds at Record Pace

https://www.wsj.com/articles/investors-bail-on-stock-market-rally-fleeing-funds-at-record-pace-11575801002?emailToken=eef524d88ffded0ded0302fe5012caa9q3DtRXQgQGFX7MjZYQSroYp6khxe8jTAWIhYPj+tTaxSxhkHOOMFpHR28NdAHDYij9Ho9SXtMVerlav65ddBHHoe23E9zLQ3OwnAlplIxOuhE1+c/RfcyCBGjeGSWXIN&reflink=article_copyURL_share

THE AFGHANISTAN PAPERS

Dear reader, The project we are publishing this week on Afghanistan demonstrates the indispensable role that journalism plays in a democracy. We seek to uncover the truth about difficult subjects of national import. We are undeterred by obstacles erected by government or other powerful interests. And when we obtain revelatory original documents, we make them available and easily accessible so that Americans can see for themselves what has been done in their name.  The Afghanistan Papers  make clear that presidents, generals and diplomats systematically failed to tell the truth about the longest war in U.S. history. The Post sued twice for release of confidential documents during a three-year legal battle, obtaining 2,000 pages of unpublished transcripts and summaries from 428 interviews conducted during a federal project on lessons from the war effort. The government identified 62 interviewees. We are still in court seeking 366 names that remain blacked out. Please read  The Afg

Professor Hsieh’s slides

https://drive.google.com/a/ucls.uchicago.edu/file/d/1l-sQ3sNLe5CZ_XD-m5bm0dINY5TgNXZh/view?usp=drivesdk

Trump Cripples W.T.O. as Trade War Rages

https://www.nytimes.com/2019/12/08/business/trump-trade-war-wto.html?smid=nytcore-ios-share

Finland Is a Capitalist Paradise

https://www.nytimes.com/2019/12/07/opinion/sunday/finland-socialism-capitalism.html?smid=nytcore-ios-share

Possible Janus Essay Questions

1. Explain the key differences among Perfect Competition, Oligopoly, Monopolistic  Competition, and Monopoly? 2. Explain the Kinked Demand Curve. 3. Based on Professor Hsieh’s talk is income inequality a good thing or a bad thing? 4, Explain the threat of platform monopolies. What is the solution? ````