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U.S. Bubble-Led Macroeconomics – Economic News, Analysis, and Discussion

Policy Center for the New South, August 2021, PB-21/29 Macroeconomic dynamics in the U.S. economy—and arguably also in other advanced economies—has increasingly become associated with asset price fluctuations in the past few decades. There has been a mismatch between rising financial wealth and the pace of creation and incorporation of new assets. Along with macroeconomic […]

Dani Rodrik | Economics has another diversity problem | Business

Early in his career, economist Joseph E. Stiglitz had an extended stay in Kenya, where he was struck by various oddities in how the local economy operated. Sharecropping was one such anomaly: If farmers were required to surrender half of their harvest to landlords, Stiglitz wondered, wouldn’t that greatly tax incentives and thus reduce efficiency? […]

Business Calendar: online workshops; networking luncheon; program on medical marijuana | Local Business

ACCOUNTING • Score offers this free online workshop for users of QuickBooks to learn how to better manage business finances. • Free; register: https://bit.ly/3AwDqEU WEBSITES • Score offers this free online workshop covering the basics of making your business website work for you. • Free; register: https://bit.ly/3xDG5uD SMALL BUSINESS • Score offers this Zoom session […]

China’s future economic potential hinges on its productivity

NOBLELIFT, BASED in Changxing, a town on the banks of Tai Lake, provides robotic tools for warehouse management: self-driving pallet jacks and sorting systems that make picking and fetching quicker and less dependent on humans. The factories in which it builds its wares are themselves a blur of robot arms. “There’s no comparison with the […]

2021 Tax Breaks for Self-Employed Business Vehicles

The new 2022 car and truck models will be in dealership showrooms soon. If you’re in the market for a vehicle for your self-employed business, don’t forget to factor taxes into the equation. Starting point: Generally, you can claim deductions for vehicle expenses as a self-employed taxpayer, but there are a few twists and turns […]

Rupee weakens further against dollar

KARACHI: The dollar increased to Rs164.01 in the interbank foreign exchange market on Thursday, as the demand for import payments remained high, dealers said. The exchange rate ended with a decline of 9 paisas in the rupee value to close at Rs164.01 from last day’s closing of Rs163.92. The dollar is at the highest level […]

ADVA launches market’s first 25G demarcation solution | Business

MUNICH, Germany–(BUSINESS WIRE)–Aug 12, 2021– ADVA (FSE: ADV) today introduced its FSP 150-XJ128, the industry’s first Layer 2 demarcation device that offers an easy route to 25Gbit/s connectivity services. The solution is specifically designed to enable enterprise networks to expand in an easy and cost-effective way. Until now, businesses had to choose between juggling their […]