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Book Review “The Undoing Project”

value…. The marginal value of the dollars you give up to buy fire insurance on your house is less than the marginal value of the dollars you lose if your…

International Trade and the U.S.

…important feature of the U.S. economy. The U.S. has been running a trade deficit (that is that the total value of imports to the country has exceeded the value of U.S….

Measuring trade deficits and trade flows value

The Washington Post calls attention to changes in measuring international trade values: The U.S. trade deficit with China may be much smaller than thought according to new trade measurements that…

Are your tax dollars paying off Sinclair owners?

value equals 0.5(80) – 100 = negative $60 million. While John Smith is out $36 million in SB value, the minority shareholders are out $24 million. But John is also…