Few black families will benefit from the historic stock market rally
https://apple.news/AMGQnWzMlTR6q0FzMThMBwQ
Posts
Falling Jobless Rate Could Imperil Aid Underpinning the Recovery
https://www.nytimes.com/2020/06/05/business/jobs-economy-recovery-aid.html?referringSource=articleShare
Economy improves faster than expected
https://www.wsj.com/articles/global-stock-markets-dow-update-06-05-2020-11591331442?emailToken=1ca931422a7ece16d63dc01131f45b3bZ7tfEwDj6GOOXX3Ni3lpPXw9Gs93cKpCQxz/BTnh7OUo0f+7d6yx7esKgL7hhCt1S0mHzU4GekBbQDIu8WC5kMKqExozksjBACHTQiFj8mY%3D&reflink=article_copyURL_share
The grim racial inequalities behind Americaʼs protests
The grim racial inequalities behind Americaʼs protests Profound economic, health and judicial disparities help explain the fury over George Floydʼs death Jun 3rd 2020 Profound economic, health and judicial disparities help explain the fury over George Floydʼs death ON THE EIGHTH day of protests against the killing of George Floyd, Donald Trump boasted about his record on reducing black poverty and unemployment and passing criminal-justice reform. “My Admin”, he tweeted, “has done more for the Black Community than any president since Abraham Lincoln.” Is that true? Are African-Americans better off under Mr Trump, and what does that have to do with the protests? According to the Census Bureau, African-Americans earn barely three-fifths as much as non-Hispanic whites. In 2018 average black household income was $41,400, compared with $70,600 for whites. That gap is wide. In Britain, where race relations can also be tense, blacks earn 90% as much as whites. The American gap is narrowe...
Systemic racism in the economy
https://slate.com/business/2017/06/an-interview-with-richard-rothstein-on-the-color-of-law.html
Dismal Earnings, Bullish Stock Investors and the Fed’s Invisible Hand
https://www.nytimes.com/2020/05/27/business/stock-market-coronavirus.html?referringSource=articleShare
Keynes
https://www.nytimes.com/2020/05/20/books/review-price-of-peace-john-maynard-keynes-zachary-carter.html?referringSource=articleShare
Fever Checks and Quarantine Dorms: The Fall College Experience?
https://www.nytimes.com/2020/05/19/us/college-fall-2020-coronavirus.html?referringSource=articleShare
Facing Adulthood With an Economic Disaster’s Lasting Scars
https://www.nytimes.com/2020/05/19/business/economy/coronavirus-young-old.html?referringSource=articleShare
Has covid-19 killed globalisation?
https://www.economist.com/leaders/2020/05/14/has-covid-19-killed-globalisation
Fed Chair Warns the Economy May Need More as Congress Hesitates
https://www.nytimes.com/2020/05/13/business/economy/fed-chair-powell-economy-virus-support.html?referringSource=articleShare
It pays to be in Stocks
Despite market pullbacks, stocks have risen over the long term Source: Fidelity Investments. Past performance is no guarantee of future results. See footnote 1 for details. It's unclear what will happen next. But we do know that these patterns have played out in similar ways in recent market pullbacks. Days with unimaginable losses have sometimes been followed quickly by days with large gains. Eventually, the market has historically gotten through these periods and gone on to produce positive returns—the largest of which often come right after big selloffs.
Gaps in Amazon’s Response as Virus Spreads to More Than 50 Warehouses
https://www.nytimes.com/2020/04/05/technology/coronavirus-amazon-workers.html?referringSource=articleShare
White-Collar Companies Race to Be Last to Return to the Office
https://www.nytimes.com/2020/05/08/technology/coronavirus-work-from-home.html?referringSource=articleShare
Will the post-coronavirus economy come roaring back? Lessons from the 1918 pandemic and the Roaring '20s
https://news.yahoo.com/will-the-postcoronavirus-economy-come-roaring-back-lessons-from-the-1918-pandemic-and-the-roaring-twenties-131833176.html
As Job Losses Mount, Lawmakers Face a Make-or-Break Moment
https://www.nytimes.com/2020/05/09/business/as-job-losses-mount-lawmakers-face-a-make-or-break-moment.html?referringSource=articleShare
Spring Quarter: The Michael Lewis Project Please read one of the following Michael Lewis books that document dramatic changes in the financial, business, and academic landscapes from the 1980s going forward. Then write a paper of at least six pages about the period that the Lewis book is set in using his text as a jumping off place. So the context of his book is at least as important to your paper as the actual Lewis story. Some of you will make the mistake of writing a book report. Please don’t be one of those. Here are the Lewis' texts you may choose from: Liar's Poker about the transformation of the mortgage market into a money making machine for Wall Street during the 1980s; The New, New Thing concerning the emergence of Silicon Valley through the eyes of Jim Clark, the founder of Netscape; The Big Short about the collapse of the housing market; Boomerang, the story of the Great Recession in Europe; Flash Boys that focuses on insider trading with the emergence of elect...
She predicted the virus what does she see you next?
https://www.nytimes.com/2020/05/02/opinion/sunday/coronavirus-prediction-laurie-garrett.html?referringSource=articleShare
As Students Put Off College, Anxious Universities Tap Wait Lists
https://www.nytimes.com/2020/05/01/us/coronavirus-college-enrollment.html?referringSource=articleShare
Coronavirus Pushes Colleges to the Breaking Point, Forcing ‘Hard Choices’ About Education
https://www.wsj.com/articles/coronavirus-pushes-colleges-to-the-breaking-point-forcing-hard-choices-about-education-11588256157?emailToken=ad660548ef46f9d91700a21f633c29c6m1DzLRbu12mVWvaTiPjzgrC/seco6AwnPdtqOlheeIxdiVokdoYV3787KEqDoHLa3UfuTquPJ+eRbmrgfo4ovlryThbiZ8y+i+/Cd8L7G0d3IW+v35cN4LWBUySxKW1S64U4W0xEYvAq5eh6OKZCwEVirvkLDNotk3OK73ju50o%3D&reflink=article_copyURL_share
Crashing Economy, Rising Stocks: What’s Going On?
https://www.nytimes.com/2020/04/30/opinion/economy-stock-market-coronavirus.html?referringSource=articleShare
TUESDAY ZOOM MEETING WITH ALEX LURYE
PLEASE GO TO ZOOM WEBSITE AND CLICK ON “JOIN MEETING.” THEN OPEN “CLOUD MEETING” AND THEN CLICK ON “JOIN.” NOW ADD MEETING ID: 97991828747. I DON”T THINK YOU WILL NEED A PASSWORD BUT IT IS:361383.
How Las Vegas Became Ground Zero for the American
https://www.nytimes.com/2020/04/26/us/Coronavirus-unemployment-Las-Vegas.html?referringSource=articleShare
The Bearer of Good Coronavirus News
https://www.wsj.com/articles/the-bearer-of-good-coronavirus-news-11587746176?emailToken=91dfc7ccc752cd4eaab107498b03ac7cYh+BmedKzT+rN7wEL2jv8a3Q6CqUQQjW59P3RKAKh1d7I0y6yLpjh62Zr/awkdbP/DgI4kcDR2D+rKpIbMpGGg%3D%3D&reflink=article_copyURL_share
Reopening Has Begun. No One Is Sure What Happens Next.
https://www.nytimes.com/2020/04/25/business/economy/coronavirus-economy-reopening.html?referringSource=articleShare
Who is driving income inequality? You are
https://www.nytimes.com/2020/04/23/opinion/income-inequality.html?referringSource=articleShare
The NFL draft
https://nl.nytimes.com/f/a/7O2oFSlyBih6QWbxKkDWEA~~/AAAAAQA~/RgRghAfzP0TDaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vYnkvZGF2aWQtbGVvbmhhcmR0P2NhbXBhaWduX2lkPTM5JmVtYz1lZGl0X3R5XzIwMjAwNDIzJmluc3RhbmNlX2lkPTE3ODgxJm5sPWRhdmlkLWxlb25oYXJkdCZyZWdpX2lkPTc2Mjc4MTY0JnNlZ21lbnRfaWQ9MjU4MDImdGU9MSZ1c2VyX2lkPWQ3ZjRhOTUxNDBjNTU1N2I5ZDE1YmRiMDEwOWJmMmU3VwNueXRCCgAc84KhXrISmUVSGGNqYW51c0B1Y2xzLnVjaGljYWdvLmVkdVgEAAAAAA~~
Amazon scooped up data from its own sellers,to launch new peoducts
https://www.wsj.com/articles/amazon-scooped-up-data-from-its-own-sellers-to-launch-competing-products-11587650015?emailToken=f8195eff9fbf00065fcc592bd2f2fdccF9KNhbSZoTv0USOL05krX20tPrCiuVxwHBGWSe24JlioMhRMAkA9+Vkirdu2XLrZvPQTM7dJmpUAo1dPF9pJoymSX5BnjtCPKSkJj9ZlCOGwHVEQ+6YtEb6YKW6JCNcJUnYXwt7Ax820QeXpWG0mGQ%3D%3D&reflink=article_copyURL_share
Janus Survey
https://docs.google.com/forms/d/1FpfnKOoMVysTYZXNfWH0aplpH8MS1htjurG7GYKfwDA/viewform?edit_requested=true
After Coronavirus, Colleges Worry: Will Students Come Back?
https://www.nytimes.com/2020/04/15/us/coronavirus-colleges-universities-admissions.html?referringSource=articleShare
Lawmakers Seek New Ways to Cover Workers’ Paychecks During Coronavirus
https://www.wsj.com/articles/lawmakers-seek-new-ways-to-cover-workers-paychecks-during-coronavirus-11586692801?emailToken=2c9d8f421e549971ab656c61124d1c0aql7csEWNTZ7d3Es7e4wBgsrYlsEkZOT+x9H7aQlgLs/QPgBvDidqDv6TsMCXd0EIXHGSN5tzk2BPMvjmsohQRrqV9+oQhva4TLVwlEUlQ9s7jr4KHxmY5xjubydtmQlVE3u9XY6toIMG8LtlrCk7og%3D%3D&reflink=article_copyURL_share
Everything Is Awful. So Why Is the Stock Market Booming?
https://www.nytimes.com/2020/04/10/upshot/virus-stock-market-booming.html?referringSource=articleShare
Chicago’s Jail Is Top U.S. Hot Spot as Virus Spreads Behind Bars
https://www.nytimes.com/2020/04/08/us/coronavirus-cook-county-jail-chicago.html?referringSource=articleShare
Rents Are Late, and ‘It’s Only Going to Get Worse’
https://www.nytimes.com/2020/04/08/business/economy/coronavirus-rent.html?referringSource=articleShare
Will Renters be able to Pay their Rent? The next big crisis?
https://apple.news/Afii0nSMmS4ePs37heVOuzw
For the Class of 2020, a Job-Eating Virus Recalls the Great Recession
https://www.nytimes.com/2020/03/27/business/coronavirus-class-of-2020-jobs.html?referringSource=articleShare
Why Is America Choosing Mass Unemployment?
https://www.nytimes.com/2020/03/26/opinion/covid-economy-unemployment-europe.html
The Nordic Way to Economic Rescue
https://www.nytimes.com/2020/03/28/business/nordic-way-economic-rescue-virus.html?referringSource=articleShare
Opinion What Is a College Education in the Time of Coronavirus?
https://www.nytimes.com/2020/03/18/opinion/college-education-coronavirus.html?referringSource=articleShare
Opinion ‘More Severe Than the Great Recession
https://www.nytimes.com/2020/03/17/opinion/coronavirus-economy-recession.html?referringSource=articleShare
Possible Essay Questions
In the Wheelan chapter on the Federal Reserve, what did you learn about monetary policy and the Great Depression? What were the consequences of the policy that was adopted? What have you learned in this class that you can apply to the present financial crisis? According to Kaplan, why did the Fed cut rates by ½ a percentage point? Why have interest rates been so low? What does Kaplan say about income inequality? Explain the anatomy of a financial crisis.
Deaths of Despair, the Future of Capitalism,
https://deathsofdespair.princeton.edu/about-book?te=1&nl=david-leonhardt&emc=edit_ty_20200306&campaign_id=39&instance_id=16538&segment_id=21941&user_id=d7f4a95140c5557b9d15bdb0109bf2e7®i_id=7627816420200306
When a Pandemic Meets a Personality Cult
https://www.nytimes.com/2020/02/27/opinion/coronavirus-trump.html?referringSource=articleShare
The Liberal Economists Behind the Wealth Tax Debate
https://www.nytimes.com/2020/02/21/us/politics/the-liberal-economists-behind-the-wealth-tax-debate.html?referringSource=articleShare
Possible Janus test questions on macro test. 1. Explain the curves in the AS/AD model. Why do economists like this model so much? 2. Explain the importance of growth in the long-run classical economy. What are it’s costs, it’s benefits? 3. Is the United States in a good position to deal with the next recession? Explain. 4. Explain the gender related field research that Professor List’s team did on gender related differences. What conclusions did they draw?
Trump to Propose $4.8 Trillion Budget With Big Safety-Net Cuts
https://www.wsj.com/articles/trump-to-propose-4-8-trillion-budget-with-big-safety-net-cuts-11581274525?emailToken=5c9c26ccd9e8c3390ccc179f07cb1b17MTzZCxL0EV7a0HAwYGluoX7Pes616MSslHCp+b95iBZBR7zGqnWLx554tm2Ne+Lp/YeS1D+f6rRm2XHRa89jJd7gd3fqoRudcQLNuAV6mIo22avNGpvmExyB4JMNavvq&reflink=article_copyURL_share
What if Brexit Works?
https://www.nytimes.com/2020/02/01/world/europe/brexit-britain.html?smid=nytcore-ios-share
THERE IS NO SUCH THING AS A FREE TAX CUT
https://www.nytimes.com/2020/01/22/opinion/trump-tax-cut.html
Why does American hate it’s children?
https://www.nytimes.com/2020/01/16/opinion/children-america.html?smid=nytcore-ios-share
Rich People Don’t Just Live Longer. They Also Get More Healthy Years.
https://www.nytimes.com/2020/01/16/science/rich-people-longer-life-study.html?smid=nytcore-ios-share
Government needs to be seen, not hidden.
https://www.nytimes.com/2020/01/12/opinion/fdr-warren-2020.html?smid=nytcore-ios-share
POSSIBLE JANUS ESSAY QUESTIONS 1. What are the causes of income inequality? In particular, what is Jonathan Rothwell's view? 2. What is Colander's view on technology and the demand for Labor? 3. How does Colander think income, taxation, and leisure affect work? 4. What would you say the difficulties are with how poverty is measured in this country? 5. How good is the government at at redistributing income?
Want to Do Something About Climate Change? Follow the Money
https://www.nytimes.com/2020/01/11/opinion/climate-change-bank-investment.html?smid=nytcore-ios-share
California’s Newsom Proposes New Approach to Homeless Spending
https://www.wsj.com/articles/californias-newsom-proposes-new-approach-to-homeless-spending-11578705423?emailToken=ed51f794efdc4dac96e926b21392e9a18C6/tgi/g3B42xaTiaNX2ibnNplQtDH+nzSaeTRdjnyn56hMrSvPcn+wDpur7iqdnxZnYWrsGJVZgF3kowD8hBnEuS27jP6AGsQ4ey8m4f1ddatx7Aim6DKTTFzIbKA6&reflink=article_copyURL_share
The Secret Shame of Middle-Class Americans
https://www.theatlantic.com/magazine/archive/2016/05/my-secret-shame/476415/