Economy
Japan’s ruling party suffers record low result in Tokyo poll
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Japan’s ruling party has suffered its worst result in local…
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Lasted Economy
Introducing EconLog Price Theory: Cutsinger’s Solution
Price Theory Problem: Allocating Milk Across Different Uses In a thought-provoking quote from Thomas Sowell's book, "Basic Economics," he states…
Decoupling Desert and Responsibility – Econlib
In the realm of analyzing the world, one interesting concept to consider is the dichotomy between high decoupling and low…
Tesla stock sinks 7% after Elon Musk’s robotaxi reveal disappoints investors
Tesla (TSLA) stock took a hit during morning trading on Friday following the much-anticipated robotaxi reveal by Elon Musk, which…
JPMorgan Chase (JPM) earnings Q3 2024
JPMorgan Chase is set to announce its third-quarter earnings before the opening bell on Friday. Wall Street analysts are expecting…
Chinese Shares Slide With Focus on Policy Briefing: Markets Wrap
Chinese stocks experienced a decline, performing lower than other Asian markets amidst growing caution ahead of an important weekend briefing…
Pin factory, 40,000 BC
Adam Smith, the renowned economist, famously observed the impact of specialization on productivity in a pin factory where different individuals…
Banks aren’t in the clear just yet
The Federal Reserve's recent decision to cut interest rates has sent ripples through the banking industry, with both positive and…
Baumol’s Cost Disease Comes to Britain
Britain’s incoming Labour government faced a challenging start in July with news that independent pay review bodies recommended a 5.5%…