Tag Archives: Economics

US Consumer Confidence Jumps to Highest Level Since 2001 – Bloomberg News

U.S. Consumer Confidence Jumps to Highest Level Since 2001 – Bloomberg News Consumer confidence climbed in December to the highest level since August 2001 as Americans were more upbeat about the outlook than at any time in the last 13 years, according to a report Tuesday from the New York-based Conference Board. “The post-election surge in optimism for the economy,

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Honda And Google Talk About Self-Driving Technology

Honda And Google Talk About Self-Driving Technology Google wants to develop the brains behind self-driving technology, and work with established automakers rather than build the cars. http://world.honda.com/news/2016/c161222aeng.html Economic Conditions Snapshot December 2016 – McKinsey Global In the face of political transitions and concerns over trade, executives expect improvements at home and a stable global economy, with some regional divergences. http://www.mckinsey.com/business-functions/strategy-and-corporate-finance/our-insights/economic-conditions-snapshot-december-2016-mckinsey-global-survey-results

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Mofo Report – BREXIT And the Impact on the Venture Capital Community

The process of Brexit and the implications for businesses will unfold over time. MoFo’s Brexit Task Force is coordinating Brexit-related legal analysis across all their offices and working with clients on their key concerns and issues. In the run-up to the Brexit vote, the negative impact on access to capital and access to the best start-up talent were two of

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Milken Report – What Makes a City Thrive?

What factors distinguish cities that can withstand an economic downturn, or rebound afterward, from those that cannot? Are these factors unique to successful cities, or are there best practices that can be adopted in peer cities? Building on the Milken Institute’s Best-Performing Cities index, this paper examines what sets resilient cities apart. The economic performance of a city is driven

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Federal Reserve Bank of Dallas Report – Why Heart of Texas Leads Startup Activity in USA


“At the Heart of Texas: Cities’ Industry Clusters Drive Growth” is a new report from the Federal Reserve Bank of Dallas. This report is a comprehensive look at the industry clusters, history and demographics shaping eight of the state’s key metropolitan areas: Austin, Dallas, El Paso, Fort Worth, Houston, McAllen, Midland-Odessa and San Antonio. For each city, the report’s authors

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Mies Institute – Economics Is About Scarcity, Property, and Relationships


by Michael J. McKay The other day I was having coffee with a new friend, a retired businessman who had customized luxury cars in California. I mentioned I had recently retired from owning an investment firm and had studied economics for many years, especially Austrian economics. Like so many people, he said, “I really don’t understand economics and always have

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NVCA Report – How Immigrant Entrepreneurs Contribute To U.S. Economy


Report Commissioned by the National Venture Capital Association Shows Impact of Immigrants on American Jobs, Markets, and Innovation, Confirming Broad Support for High-Skilled Immigration Reform American Made 2.0: How Immigrant Entrepreneurs Continue to Contribute to the U.S. Economy finds that immigrants are having an even greater impact on U.S. competitiveness today, despite high-skilled immigration policies that many believe harm job

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Stanford Business – What is the economic impact of venture capital on US economy?


New academic report measures the impact of venture capital funded companies by Ilya A. Strebulaev Stanford Graduate School of Business, Professor of Finance Director of The Emerging CFO: Strategic Financial Leadership Executive Program Will Gornall Sauder School of Business Assistant Professor, Finance Division Over the past 30 years, venture capital has become a dominant force in the financing of innovative American

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What is capitalism?

Capitalism depends on harnessing private motives to produce the goods and services that the public wants as efficiently as possible. Historian Charles Van Doren leads us to the early roots of “primitive capitalism” in his book A History of Knowledge: Past, Present, and Future. He provides insight to the ancient Egyptians, economic life before the peasant, the introduction of the

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What is socialism?

Knowing that I am a professor teaching entrepreneurship a friend sent this funny email. After reading this, you can understand the definition of socialism in one minute. An economics professor at a local college made a statement that he had never failed a single student before but had once failed an entire class. The class had insisted that socialism worked

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