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Friday, January 22, 2010
Deflation Threat Recedes: "It" Didn't Happen Here
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December 2009 inflation data showed the U.S. Consumer Price Index rising at an annual rate of 2.7 percent over the preceding 12 months. Afte...
Tuesday, January 19, 2010
Are Pay-for-Delay Drug Deals Anticompetitive?
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In January, the Federal Trade Commission published a new study claiming that so-called pay-for-delay drug deals are costing consumers $3.5 ...
Saturday, January 16, 2010
2009: A Bad Year for Jobs, but Some Light at the End of the Tunnel
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2009 Was a bad year for the U.S. job market. Unemployment hit a peak rate of 10.1 percent in October, and barely edged down to 10.0 percent ...
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Thursday, December 31, 2009
Will High Pork Prices Ruin the Holidays?
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The supply and demand model is the core of microeconomics. You can never have too many examples in your classroom. Here is a simple example ...
Tuesday, December 22, 2009
Carbon Prices Fall on Copenhagen Results
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The principle of revealed preference, a cornerstone of economic thinking, tells us that if you want to know what something is worth, look at...
Saturday, December 19, 2009
How Healthy are US Banks?
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December has seen a spate of good news about US banks. Many banks report a return to profitability, with record earnings in some cases. The ...
Thursday, December 17, 2009
Microsoft Settles EU Antitrust Case
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On December 16, the European Union announced a settlement in its long-running antitrust case against Microsoft. The settlement responded to ...
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