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Daily Archives: October 9, 2014

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My wish for this year’s Nobel prize in economics

I know it’s a fool’s business trying to predict who is going to win the prize every year.

But here is my wish:

Oliver Hart and/or Ben Holmstrom

For his (or their) contribution to the theory of firm.

Why most Americans don’t feel the recession is over?

During the past five years, I have seen many similar charts.  But this one really stands out as the best story-teller.

us income growth by income group 90 vs. 10

(source: vox.com)