Tag Archives | Economics

  • Inflation and the case of the missing profits

    Inflation and the case of the missing profits

    Originally published: Occasional Links & Commentary on April 14, 2022 (more by Occasional Links & Commentary)

    Everyone knows that inflation in the United States is increasing. Anyone who has read the news, or for that matter has gone shopping lately. Prices are rising at the fastest rate in decades. The Consumer Price Index rose 8.6 percent in March, which is the highest rate of increase since December 1981 (when it was 8.9 percent).

  • Alfred Nobel

    There is no Nobel Prize in economics

    Originally published: The Daily Star on October 22, 2020 by Asrar Chowdhury (more by The Daily Star)  | (Posted Jan 07, 2022)

    Let’s debunk a myth. There is no “Nobel Prize in Economics”. On Nov 27, 1895, when Alfred Nobel signed his will, he left five prizes in alphabetical order to: chemistry, literature, peace, physics, and physiology or medicine. The Nobel Prize in Economics is declared after the Panchapandavas above.