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Facts about overweight and obesity Overweight and obesity are the fifth leading risk for global deaths. At least 2.8 million adults die each year as a result of being overweight or obese. In addition, 44% of the diabetes burden, 23% of the ischaemic heart disease burden and between 7% and 41% of certain cancer burdens […]

Submitted by Eugen von Bohm-Bawerk via Bawerk.net, In the 1970s economists started to incorporate rational expectations into their models and not long after the seminal Kydand & Prescott (1977) article named Rules Rather than Discretion: The Inconsistency of Optimal Plan was published. Their work has been driving the mainstream macroeconomic debate ever since. The question […]

While not quite on the level of last week’s Berenberg downgrade (to Sell) which warned that DB’s problems are now “insurmountable“, shortly after the close Moody’s surprised the market with a downgrade that may have substantial repercussions on the funding costs (and perhaps viability) of the largest German, and European, lender. Shortly after the market […]Read More

Not only is there real world conflict to worry about, it turns out there are an increasing amount of conflicts to worry about in Legoland as well. According to a study by New Zealand’s University of Canterbury, violence in LEGO products has increased significantly as the company looks to boost sales. During the study, researchers […]

From The Great Recession Blog by David Haggith   This past Thursday marked the one-year anniversary of the US stock market’s death when stocks saw their last high. Market bulls have spent a year looking like the walking dead. They’ve tried to push back up to that distant high that means new life several times, but each time […]Read More

One of the recurring refrains about the New Normal housing market is that just because median and/or average home prices have failed to match the astronomic increases in prices seen in the 2004-2007 period, that it the current bubble is far less concerning. And to an extent that is true: the reason why asking rents […]

Submitted by Ron Paul via The Ron Paul Institute for Peace & Prosperity, Debates over the US government’s foreign and economic policies have recently taken a backseat to the debate over what bathroom transgender individuals should use. The two sides of the debate both believe that government has the legitimate authority to tell private businesses […]

A quick note from Eric Peters, CIO of One River Asset Management, which explains in very simply terms how as oil tumbled and its volatility soared, virtually everyone who manages large amounts of money missed the oil price rebound. “Oil is a 60 vol instrument,” said the CIO. “If you’re targeting 10 vol for your […]Read More

Having been paid $90,000 in bonuses over the last 13 months, Kelly Hoggan – the head of security for TSA – has been fired… UPDATE: Kelly Hoggan has been removed from his position as head of security at TSA, following our hearing on May 12 on mismanagement at TSA. — Oversight Committee (@GOPoversight) May 23, […]

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A black death row inmate has been saved from execution this morning, after the Supreme Court ruled that prosecutors violated the Constitution when striking all potential African American jurors from his trial. Timothy Foster had been convicted of capital murder in Georgia in 1987. He later discovered evidence showing that prosecutors exercised their peremptory strikes […]

The Chicago law firm of Winston & Strawn must be eyeing the prize for most-loved BigLaw firm in the Windy City — perhaps even the country. Expanding its already generous parental leave program, the firm has decided to up its number of paid weeks to twenty. To sweeten the deal, the firm is also doing […]