As economies slow around the world—including the economy of the United States—we can expect central banks to quickly return to easy-money policies, most commonly manifested in central-bank efforts to force down interest rates.
Those who have been predicting a recession in the United States and an associated stock market crash seem to be having a hard time. At least, it appears so.
The gig economy as we know it is on the verge of destruction. Gig work, otherwise known as freelance work, was once held up as an entry into the entrepreneurial economy for many people seeking to dip their toes in, but that economy is currently threatened by people who do not understand its vitality for freelance entrepreneurs. There is now a push, from policy makers and a few gig contractors who think it is in the best interest of gig workers and gig employers, to professionalize the gig economy.
On Tuesday, a federal judge in Washington, D.C., sentenced Enrique Tarrio, the former leader of the Proud Boys, to 22 years in jail for the crime of “sedition” arising out of the January 6 protests at the Capitol. It wasn’t the first time that the judge, Timothy Kelly, meted out a high jail sentence for the sedition offense. Last week, he handed out an 18-year sentence to Ethan Nordean, one of Tarrio’s co-defendants. Last May, another D.C. federal judge, Amit P. Mehta, sentenced leader of the Oath Keepers militia, Stewart Rhodes, to 18 years for the federal crime of “sedition.”
People celebrating Labor Day often do so by attending a regional Labor Day celebration, usually organized by labor unions. One undoubtedly hears the phrase “support all labor” being thrown around at these gatherings.
A Google search will reveal the most recent example of this phrase being used. In light of the Screen Actors Guild (SAG) strike, a film festival released the following statement:
As of now, President Biden stands to be keep being granted the privilege of signing for and executing takings of more than $6 trillion a year for another 1 1/2 to 5 1/2 years. This would total another $9 trillion to $33 trillion.
Donald Trump’s legal troubles, the possibility that Joe Biden will face an impeachment inquiry, and other stories related to the upcoming presidential election, caused the American media to miss a story of potentially greater significance. This was the decision of the BRICS (Brazil, Russia, India, China, and South Africa), who formed their alliance to challenge US political and economic dominance, to induct six new countries into their group: Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates.
Abstract: Hering, Olbrich, and Rapp (2021) pointed out limitations to the risk-adjusted method proposed in Kruk (2020) and advised using scenario analysis as an alternative. Based on their reply, some additional improvements of the method can be proposed, such as using the time-dependent discount rate. Business practitioners value the simplicity of the risk-adjusted net present value method.
ABSTRACT: This article argues that criminal law should not, in general, prevent the creation of artificially intelligent servants who achieve humanlike moral status, even though it may well be immoral to construct such beings. In defending this claim, a series of thought experiments intended to evoke clear intuitions is proposed, and presuppositions about any particular theory of criminalization or any particular moral theory are kept to a minimum.
