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Persistent Overoptimism Three Ways: Truckers, Fed Economists, Manufacturers

MishTalk

As surface transportation’s peak period ends for the year, and trucking eyes the traditionally slowest time for the industry as first quarter 2016, economic signals are, at best, mixed. Third-quarter Gross Domestic Product grew at a 1.5 Trucking Industry Entering a Profit-Killing Era of Overcapacity? in October from 50.2 in September.

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Inequality Isn’t Just Due to Market Forces — It’s Caused by Decisions the Boss Makes, Too

Harvard Business

Scholars from a number of fields have offered explanations for this transition, including globalization, technological change, declining unionization, heightened product market competition, and the rise of finance. And improved worker productivity and lower turnover frequently more than offsets these firms’ higher labor rates.

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Midsize Cities Are Entrepreneurship’s Real Test

Harvard Business

Through a coordinated, systemic, prolonged intervention with dozens of institutions and thousands of individual participants, new growth of the local companies we trained has directly created over 1033 jobs, fueled by dozens of new private sector financings. strategic hires). day, scale-focused workshops and related activities.

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The Cantillon Effect

Tom Spencer

In 2020, the Fed has galloped over the precipice, increasing its balance sheet by around $2.8 In 2016, Brexit and Trump’s victory came as a one-two punch. Rising prices over time create an incentive for production to move abroad, and the resulting decrease in productive capacity causes a society to decline.

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