12-13-2015, 10:44 PM
We used to think that high labor mobility was a good thing for currency unions, because it would allow the union’s economy to adjust to asymmetric shocks — booms in some places, busts in others — by moving workers rather than having to cut wages in the lagging regions. But what about the tax base? If bad times cause one country’s workers to leave in large numbers, who will service its debt and care for its retirees?
Economics and Politics by Paul Krugman - The New York Times
Fed officials believe that the solid job growth of the past couple of years ... will continue even if rates go up..., those officials could be right, in which case waiting to raise rates could mean some acceleration of inflation. On the other hand, they could be wrong, in which case a rate hike could end the run of good economic news. And this would be much more serious than a modest uptick in inflation, because it’s not at all clear what the Fed could do to fix its mistake.
Economist's View: Paul Krugman: The Not-So-Bad Economy
The questions for this quiz were inspired by questionnaires developed by Delroy Paulhus and Daniel Jones (Assessment, vol 21, p 28). Our quiz was designed solely for entertainment, and the results should not be considered a scientific measure of your personality. If you would like to learn more about Paulhus’s personality research and his serious explorations of the dark triad, read our profile “The man who studies everyday evil”.
BBC - Future - How dark is your personality?
Models have urged MPs to consider tougher rules for the fashion industry, describing catwalks full of models with advanced eating disorders, some surviving solely on popcorn.
Ban underfed and underage models in fashion, MPs urged | Fashion | The Guardian
Andre wrote of his father rustling up matches for his son all over Las Vegas, often getting action on the contests. Once, Mike bet former NFL star Jim Brown $5,000 that his then nine-year-old boy could beat the running back in tennis. Andre won. It was good that he did because Mike could be intimidating.
The Joy of Six: athletes' pushy parents | Sport | The Guardian