Discussion Board

All Posts (1038)

Sea to Sea: Trekking the Israeli Highlands

When people hear the word Israel, it is natural for many to have this image of a barren desert with little shrubbery. After all, is this not the land where Jesus famously wandered the desert? If you look at a satellite image of the Middle East, it looks almost all yellow and brown, contrasting against the lush green of neighboring Europe and Central Asia.  Well, as often is the case, that perception of a barren…

Read more…

Who Does the President Listen To?

By Donald (Donnie) Willyard

Earlier this year, President Donald J. Trump’s personal schedule was leaked to media which has revealed exactly how much “Executive Time” the Nation’s Chief Executive is taking at the White House. Now while to some this may seem a non-story, this is in-fact a case study of any behavioral economist looking for “Confirmation Bias.”

               In the leaked schedule, President Trump routinely has five hours of…

Read more…

No.

 

Earlier this week, 26-year old third baseman Manny Machado signed with the San Diego Padres for a record breaking 10-year $300M contract, which has been months in the making. He, along with 26-year-old outfielder Bryce Harper, have been talking with teams since October about acquiring his services for sky high amounts. Harper will likely sign in the coming weeks to a similar, albeit more expensive, contract as spring training begins around Major League Baseball. These two…

Read more…

Montevideo 101

Over winter break, I headed south to try and find some warmer temps. Most of my trip was spent in Patagonia, but that's for another post. Before heading to the end of the planet, I wanted to visit Uruguay. Uruguay has been on my list for many years, primarily as a professional curiosity. The Economist magazine named the small South American nation "Country of the Year" in 2013, an award given to the country that has shown the most progress in the last 12 months. From 2010 to 2015 it was run…

Read more…

How come it’s never a nice and straightforward slam dunk? To predict the superbowl winner. As it turns out the expected scores for this one are barely different.  And what little separation exists appeared only because I added a little touch of (sensible) ad hoc juice. 

The FULL New Haven Economics prediction model says: Patriots 33 – Rams 32. …

Read more…

An October 2018 article from the Motley Fool questions the integrity of the online retail giant Amazon, claiming it to be a monopolist in the market. We examine statements from its author, Adam Levine-Weinberg, and contrast them to historic and current antitrust policy. This paper suggests the findings of Adam Weinberg and the Motley Fool are flawed; Amazon is not a monopoly.

 …

Read more…

Debates over the balance of power between U.S. state governments and the U.S. Federal government have been long-standing and on-going since the nation was established. Moreso, the debate is feverish within the court system over the issue of dual sovereignty and its similarities with double jeopardy as it relates to state and Federal court system. This paper examines the economic impact of the dual sovereign's clause on crime.…

Read more…

Update 01/30/2019: As we may know by now,  last Friday the Trump administration and House leader Nancy Pelosi struck a 'deal' that would open up the government through the 15th of February. This resulting impact of this deal is Trump conceding entirely to Pelosi after she held firm on revoking the SoTU speech in the House chambers. It is clear that Trump's expected value's on another tree were greater than holding - something we mentioned when we stated that…

Read more…

According to a Bloomberg article, investors can get a lot more from safe, liquid securities than from the S&P 500 Index adjusted for volatility. This is all due to a statement from JPMorgan Asset Management. “Cash isn’t only a safe place to invest, it now offers a better risk-adjusted return than equities.” The firm had a multi-asset strategy team, with $260 billion under management. This upgraded its recommendation on U.S. cash to overweight for 2019. John…

Read more…

Apple is experimenting with iPhone marketing strategies. Apple had aggressive trade-in offers that have temporarily reduced the cost of some of its latest iPhones. This is a rare step for a company that’s been raising device prices in recent years to lift revenue and profit. Apple is working on several new products and services. These include: an augmented-reality headset, driverless car technology, and digital offerings like original video. Analysts are…

Read more…

INF Treaty

Written by Brynn Slicer and Rebecca Satzberg.

The United States has accused Russia of violating the Nuclear Forces (INF) Treaty and is threatening to withdraw from the treaty. NATO has also supported the accusations and is asking Russia to immediately stop and follow the treaty again. Russia has denied their breach of treaty, but this is not the first time they have been accused. In 2014 President Obama also accused Russia of violating after Russia allegedly tested a ground-launched…

Read more…

Richard Hass, CEO of the Council of the Foreign Affairs in New York, tweeted on Dec 7:  

“In an instant Europe has gone from being the most stable region in the world to anything but. Paris is burning, the Merkel era is ending, Italy is playing a dangerous game of chicken with the EU, Russia is carving up Ukraine, and the UK is consumed by Brexit. History is resuming."

May be the most surprising in all this is the eruption of violent protests in France! Leaving Russia…

Read more…

Business Forecasting-Presentations

Last night, 18 Business Forecasting (ECON 3343 & ECON 6635)  students, seen in the picture below, presented their projects in front of their classmates.

There were many interesting data sets, and many good discussions on the forecasting performances of their models. By using Rob J Hyndman and George Athanasopoulos 's Forecasting: Principles and Practice textbook (available online h…

Read more…

Problems with Cryptocurrency

I chose this article on cryptocurrency, because I like the fact that it’s a different view on it since it’s been so hyped lately, it’s nice to get a different view and why it’s actually not that great. In the article, the man says that bitcoin is never going to be a currency because they are fatally flawed. Last year bitcoin gained a lot of recognition, due to the fact that that the trade was around $20,000. It’s not trading at $4,330 and the cryptocurrency market lost $700 billion since…

Read more…

In this quarter India is expecting to have 7.1% GDP about 1.1% less than the previous quarter of this year. The sharp decline was expected, India still managed came ahead of China’s GDP which was about 6.5% over the same period as the world’s fastest growing economy.

This will be a crucial time to watch India’s economy as Indian general elections are due in 2019. The current Prime Minister Narendra Modi promised when they won previous elections that his party will boost Indian economy…

Read more…

Just this morning President Trump, Prime Minister Justin Trudeau and Mexican President Enrique Pena Nieto signed a new trade agreement in Argentina as an attempt to modernize the NAFTA trade agreement. It was during the G-20 Summit when the agreement was signed which included provisions on subjects such as wages and the auto sector. However, the moment was a bit bittersweet for Canada’s Prime Minister Justin Trudeau. Trudeau took the opportunity to express that ongoing collaboration and…

Read more…