Currency Confusion

An article arguing that the reason for the US dollar's appreciation lies with the US not China. Good background on currency.

Turkish Interest Rates Rise to 24%

Article about the Turkish Interest Rates from the Guardian

Econ 101 or not

Interesting article about how people make basic economic assumptions.

Exceeding Inflation Target by a bit

Article about Venezuela exceeding 1million percent inflation. Even worse than Zimbabwae.

Tim Harford on Trade and Tariffs

A good article from Tim Harford on trade and tariffs as they are playing out right now.

More Jobs but Higher Unemployment Rate??

This article gives a good example of how unemployment rates are calculated and how even with more jobs it is possible to have unemployment increase. This is often seen as an economy comes out of a recession and people start looking for jobs. It also explains why in the depths of a recession a drop in unemployment is not necessarily a good thing. Remember if people are not looking for work they do not count as unemployed.

For those interested in Behavioral Economics

Richard Thaler on Behavioral Economics and the Video of the Lecture

Reminder that Richard Thaler won the Nobel Prize in economics 2017.