No Nonsense Economics
Relevant, hype-free insights about what’s happening in the global, U.S., and California economies.
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For all the sophistication of modern asset markets, at their core, they are still just Keynesian beauty contests. Keynes’s metaphor for the markets derived from a special type of beauty contest where the judges don’t pick who they think is most attractive, but who they think will be most attractive to all the other judges. His intuition is that traders...
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- blog
- Budgets & Deficits
- Business plans
- Business plans
- Business plans
- Competitive research
- Consumers
- Economic Policy
- Economics
- Environment
- Finance & accounting
- Finance & accounting
- Finance & accounting
- Franchising
- Funding trends
- Funding trends
- Funding trends
- General Economy
- Healthcare
- Innovation
- International
- Real Estate
- Social Issues
- Taxes and Regulations
- Transportation
Miserabilism and Money: Why More Stimulus Is A Bad Idea (part 2) Relevant, hype-free insights about what’s happening in the global, U.S., and California economies . Budgets & Deficits, Economic Policy February 24, 2021 Author: Christopher Thornberg, PhD Christopher Thornberg, PhD All Articles Part 1 of this post (published last week) argued that the strong economic recovery the United States experienced in 2020 signifies that there is little real...
Miserabilism and Money: Why More Stimulus Is A Bad Idea (part 1) Relevant, hype-free insights about what’s happening in the global, U.S., and California economies. Budgets & Deficits, Economic Policy February 18, 2021 Author: Christopher Thornberg, PhD Christopher Thornberg, PhD All Articles Last year’s COVID-19 stimulus and relief packages enacted by the Federal government played some positive role in helping the U.S. economy weather the pandemic-driven recession that has...
Congrats California! We’ve Met Climate Change Goals Early But Can We Rise To The Challenges Ahead? Relevant, hype-free insights about what’s happening in the global, U.S., and California economies. Environment February 9, 2021 Author: Hoyu Chong Hoyu Chong All Articles After meeting the goals of its landmark Global Warming Solutions Act (AB32) four years early in 2016, California’s progress on climate change has stalled – and it will...