Author: Charlotte

March 9, 2022 Thinking Like an Economist: How Efficiency Replaced Equality in U.S. Public PolicyElizabeth Popp BermanPrinceton University Press, $35 (cloth) Cogs and Monsters: What Economics Is, and What It Should BeDiane CoylePrinceton University Press, $24.95 (cloth) What’s Wrong with Economics? A Primer for the PerplexedRobert SkidelskyYale University Press, $25 (cloth) “Those who can, do science,” the economist Paul Samuelson once remarked. “Those who can’t, prattle on about methodology.” Until fairly recently this seemed to be the dominant attitude among mainstream economists, but a sea change came when the global financial system began to unravel in 2007. In the decade…

Part of the road had to be shut due to the surface cracking and meltingAll parts of the A3 have been reopened after scorching weather had drastic effects on the surface.One lane on the northbound route the end of the A3M stretch and the B2070 to Petersfield was severely damaged in the sweltering temperatures. Parts of the road cracked and crumbled.National Highways South East confirmed that emergency resurfacing took place last night and into the morning to fix the problem. They said it originated from “extreme weather conditions”.The latest update added: “All lanes have reopened on the #A3 northbound in…

Decentralized finance platform Abracadabra said Wednesday that it launched emergency measures after its crypto-collateralized stablecoin, Magic Internet Money (MIM), fell 50% below its $1 peg. “We’re acutely aware of the MIM depeg and are taking emergency actions to remedy the situation,” the team said on Wednesday.It said effective immediately, it will begin gradually “increasing interest rates across all Cauldrons, including deprecated markets, to encourage debt repayment and reduce the outstanding MIM supply.” The MIM depeg is a stark reminder that even overcollateralized DeFi stablecoins can be fragile in thin-liquidity environments and bear markets, underscoring the persistent risks of crypto-backed money.Abracadabra describes itself…

Steven Conway, territory sales manager at Edge Innovate, shares the latest on the S16 mobile scalping screen during the Hillhead show. Kevin Yanik Kevin Yanik is editor-in-chief of Pit & Quarry. He can be reached at 216-706-3724 or kyanik@northcoastmedia.net. Source link

According to Financial Times sources familiar with the matter, an initial public offering of the now Bolton-based petrol station operator would look to raise USD1 billion, and could value the company at more than USD9 billion. These sources added that an IPO (Initial Public Offering) could occur within the next few months. Details of the confidential filing cannot be independently verified at this stage. Should EG decide to move ahead with a US listing, it would mark a departure from its roots, as the company started in the UK. EG is 50%-owned by London-based private equity firm TDR Capital LLP,…

Boaz Weinstein is half right on Workspace’s valuation rut Financial Times Source link

South Korean policy chief calls for increased investment in AI infrastructure South Korea’s government is considering major investment in AI-related infrastructure as part of efforts to support long-term economic growth and industrial transformation, according to Yonhap, citing government sources. Kim Yong-beom, presidential chief of staff for policy, said the emergence of a new era centred on semiconductors and AI could mark the beginning of a structural shift in the country’s economy and industrial base. Source link

HDFC Defence Fund leads thematic mutual funds in three-year CAGR returns; delivers 42.7% gain Moneycontrol.com Source link

ZPZ Coin is emerging as a purpose-built utility token designed to support real traders, real data, and real trading infrastructure. As the official utility token of the EZPZ Trading ecosystem, ZPZ Coin introduces a functional approach to blockchain integration that prioritizes access, performance, and long-term sustainability over speculation. Unlike tokens launched without operational backing, ZPZ Coin was developed alongside an existing trading platform that already delivers advanced analytics, market intelligence, and trader-focused tools. This foundation allows ZPZ Coin to enter the market with active utility rather than future promises. A Utility Token Backed by Live Trading Infrastructure ZPZ Coin serves…

We are delighted to announce that Professor Imran Rasul is taking over from August 2022 as Director of the ESRC-funded Centre for the Microeconomic Analysis of Public Policy (CPP) at IFS. Professor Sir Richard Blundell is stepping down after 31 years in the role. Imran has been a Co-Investigator at CPP since 2015 and is a Research Director at IFS, along with Professor Dame Rachel Griffith and Professor Fabien Postel-Vinay.We owe a tremendous debt of thanks to Richard, who spearheaded the successful application in 1991 for an ESRC Centre at IFS and has presided over its research programme since then.…