From Yahoo! News: By Edward Krudy NEW YORK (Reuters) – When Thomas Herndon, a student at the University of Massachusetts Amherst’s doctoral program in economics, spotted possible errors made by two eminent Harvard economists in an influential research paper, he called his girlfriend over for a second look. As they poured over the spreadsheets Herndon had requested from Harvard’s Carmen Reinhart and Kenneth Rogoff, which formed the basis for a widely quoted 2010 study, they spotted what they believed were glaring errors…. Original post on yahoo.com Comments on reddit.com
Tag Archives: growth
How not to Excel: Austerity economics paper is coding-flawed
(Phys.org) —Required reading for those examining the cause and effect of bread lines: Two papers, one published in 2010 and the other published just this month, poking holes into the 2010 study and inciting a global wave of publicity. The 2010 paper, by Harvard economists Carmen Reinhart and Kenneth… Original post on phys.org Comments on reddit.com
Fatty Acid Metabolite Shows Promise Against Cancer in Mice: Health: Headlines – Global News
A team of UC Davis scientists has found that a product resulting from a metabolized omega-3 fatty acid helps combat cancer by cutting off the supply of oxygen and nutrients that fuel tumor growth and spread of the disease. Original post on hngn.com Comments on reddit.com
NASA – Amplified Greenhouse Effect Shifts North’s Growing Seasons
Vegetation growth at Earth’s northern latitudes increasingly resembles lusher latitudes to the south, according to a NASA-funded study. Original post on nasa.gov Comments on reddit.com
Horsemeat scandal sparks rise in sales of vegetarian alternatives – UK news
Quorn, the UK’s biggest vegetarian ready-meal brand, is among firms reporting sales growth in February Original post on guardian.co.uk Comments on reddit.com
Scientists Discover Protein that Stimulates Bone Growth in Humans – Biology
U.S. scientists have discovered that a protein called Jagged-1 stimulates stem cells to differentiate into bone-producing cells. Original post on sci-news.com Comments on reddit.com
Hello 2013: a demographic dividend is not a one-way bet – beyondbrics
beyondbrics, from the Financial Times, brings news and comment from more than 40 emerging economies, headed by China, India, Brazil, Russia, Mexico, Indonesia and South Africa. We cover politics and economics, finance and business – everything that makes markets move. Original post on ft.com Comments on reddit.com
The IMF Admits It Was Wrong About Keynesianism
Listened to the wrong economists. Original post on businessinsider.com Comments on reddit.com
Daily chart: Growers and shrinkers
The fastest growing and shrinking economies in 2013MACAU will be the fastest growing economy this year, according to the latest estimates from our sister company,… Original post on economist.com Comments on reddit.com
Peter Orszag Chart Shows Medicare Costs Slowing
Medicare inflation is slowing. Fast. Original post on businessinsider.com Comments on reddit.com
3 Results Showing Significant Online Giving Growth in 2012
Online giving continues to make strides. Here are some stats showing the boost online giving received in 2012, and insights into when donors give online. Original post on eleventygroup.com Comments on reddit.com
CIBC: Canada’s job market mismatch puts economy at risk – Productive Conversations
Canada’s economic prosperity is at risk due to a labour market split that sees high-demand positions go unfilled while lower-skilled workers languish in unemployment, warn CIBC economists Original post on financialpost.com Comments on reddit.com
AT&T revenue, subscriber growth miss Wall Street view
From Yahoo! News: (Reuters) – AT&T Inc posted third-quarter revenue below estimates as it added fewer customers than expected, citing a shortage of the latest Apple Inc iPhone. The company’s profit beat Wall Street expectations and it raised its target for free cash flow for the year as slower customer growth likely helped keep costs in check. The No. 2 U.S. mobile service provider said it had only 151,000 net new subscribers in the quarter, compared with the average expectation for 358,000, according to five analysts contacted by Reuters…. Original post on yahoo.com Comments on reddit.com
The National Memo
The president found his voice in the second debate, but he still needs to make a clearer case for the progress he’s made. There has been entirely too much ce Original post on nationalmemo.com Comments on reddit.com
Oil prices set to fall, forecasts IEA – Business
International Energy Agency predicts sluggish economic growth will help bring price down from $107 to $89 by 2017 Original post on guardian.co.uk Comments on reddit.com
Top 1% Got 93% of Income Growth as Rich-Poor Gap Widened
Since 2009, Anita Reyes’ wages have been as frozen as Lake Minnetonka in January. Original post on bloomberg.com Comments on reddit.com
Hillary to World Leaders: Time for the Rich to Pony Up Their Taxes
“You know I’m out of American politics, but it is a fact that around the world, the elites of every country are making money, Original post on alternet.org Comments on reddit.com
Tax Cuts Don’t Lead to Economic Growth, a New 65-Year Study Finds – Derek Thompson
But a new study finds that reductions of capital gains taxes and top marginal rate taxes have led to greater income inequality Original post on theatlantic.com Comments on reddit.com
Factchecker: Romney’s ’12 million jobs’ promise
Factchecker: Romney’s ’12 million jobs’ promise Original post on washingtonpost.com Comments on reddit.com
Breast Milk Promotes a Different Gut Flora Growth Than Infant Formulas
The benefits of breast milk have long been appreciated, but now scientists at Duke University Medical Center have described a unique property that makes mother’s milk better than infant formula in protecting infants from infections and illnesses. Original post on dukehealth.org Comments on reddit.com
China announces £800bn stimulus to boost confidence – Telegraph
China has announced a total of 8 trillion yuan (£800bn) of Original post on telegraph.co.uk Comments on reddit.com
Nanosized Pollutants Pose Crop Risks – Science News
Some harm crops or boost plants’ ability to pick up toxic materials through their roots Original post on sciencenews.org Comments on reddit.com
Superpower Denied? Why China’s `Rise’ May Have Already Peaked – The Diplomat
How a toxic mix of economic, demographic, environmental, political, and international challenges could end China’s ascent to great power status. Original post on thediplomat.com Comments on reddit.com
Chemotherapy can backfire and boost cancer growth: study – Yahoo! News Canada
From Yahoo! News Canada: Cancer-busting chemotherapy can cause damage to healthy cells which triggers them to secrete a protein that sustains tumour growth and resistance to further treatment, a study said Sunday. Original post on yahoo.com Comments on reddit.com
Facebook shares dip below $20 for first time – Yahoo! Finance
From Yahoo! Finance: Shares of Facebook Inc dipped below $20 for the first time on Thursday, pummeled by ongoing doubts about its growth prospects, a string of recent executive departures, and the August 16 expiration of a… Original post on yahoo.com Comments on reddit.com
Companies add 163,000 jobs, but manufacturing falters – CNBC
NEW YORK (Reuters) – U.S. companies hired more workers than expected in July, but continued weakness in the manufacturing sector pointed to sluggish economic growth. Original post on cnbc.com Comments on reddit.com
Zynga hit by twin lawsuits after stock carnage – Reuters
SAN FRANCISCO (Reuters) – Zynga Inc was hit by a pair of lawsuits from shareholders accusing the FarmVille creator of failing to warn about declines in user and revenue growth before disastrous results Original post on reuters.com Comments on reddit.com
European entrepreneurs: Les misérables – The Economist
THE St Oberholz café in eastern Berlin is as hip as any of the area’s bars: graffiti-covered doors, in-your-face art, edgy fashion and the Beastie Boys in the… Original post on economist.com Comments on reddit.com
Facebook’s value slides by $10 billion; outlook unclear – Reuters
(Reuters) – Investors wiped $10 billion off the value of Facebook Inc on Friday, taking the recently listed shares to a new low, after the social network offered no forecast and analysts said mobile investments Original post on reuters.com Comments on digg.com
The Slow Agony of the Obama Recovery – Jim Tankersley – NationalJournal.com
Under President Obama, America is experiencing one of its weakest recoveries from recession in the modern statistical era. This is the indisputable conclusion from the last three years of job-creation and economic expansion data, reinforced by Friday’s Commerce Department estimate that gross domestic product grew by just 1.5 percent in the second quarter of this year. Original post on al.com Comments on digg.com