Economics

"Declining Amazon offer"

Over at Economics Job Market Rumors, an intriguing bit of gossip:

that said, not sure what the story is for economists there except for one small tidbit. a faculty member at my (HRM) school had dinner with bezos a couple years ago, and he said something to the effect of "yea we have a bunch of economists, but they mostly tell us that we can/should increase prices. so we end up ignoring them most of the time."


"The Trump Growth Machine"

Richard Epstein, no less. (Not exactly an over-enthusiastic Trumpster.)

I discovered my genuine confidence in the sustainability of the current economic growth cycle when I recommended to my 27-year-old Uber driver that he invest some portion of his wages in a diversified index fund. Although the stock market will surely ease off its current pace, it nevertheless should prove far more profitable than standard money market funds with their puny returns. The good news is that the current trend likely will not fizzle out anytime soon thanks to several key factors, including lower taxes and deregulation.