Archive for December 20th, 2011

Is 400,000 a magic number for jobless claims?

December 20, 2011

Every week US department of labor releases this econ data called initial  jobless claims with a one week lag.

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Why Grand urban economics theories end up being just fads..

December 20, 2011

A superb research article by Mario Polese (of Centre Urbanisation Culture Société at Montreal’s Institut National de la Recherche Scientifique). He says none of the previous grand theories of urbanisation have actually led to great cities (and most theories in other economics areas).

He says the histoery of local economic development is full of fads:

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