The budget control act is being edited. They are deciding what to do with budget caps and how to control them. The senate made a base for the rest to work of off but not everyone is on the same terms.

We are still expanding, but due to other countries in the world our economy has slowed growth. China etc have also slowed and though the government is trying to improve it, we are still slowing in growth. It is important that the country continues to grow in order to save itself as well as other countries.

Apparently our misery level is down! Yay us, we should celebrate! Except... that this is quite meaningless in our society now. The US has become too complicated to actually have meaning in a Misery test. We need prices to decrease or wages to increase in order to actually be able to pay off our debts and loans

We skipped the winter recession! Well at least that's what it looks like... because of this our business cycle is all out of whack.

Aggregate Supply... of jobs! This is an article that explains the amount of work and money around the world.. and the lengths people are going to get it .

The pope visited Germany and brought money for the poor. As a result people have been noticing that Germany not only needed help with it's poor people, but they are actually causing the world to be poorer as a result of their export to inport ratio.

Furman says that just because the US is growing its economy doesn't mean the rest of the world can slack off and rely on them, the US is not going to be able to save the rest of the world's economy. Other countries need to boost consumption and they have the resources to do so.

Obama released a new budget in hopes that others would finally agree with him...

There is ambiguity surrounding water laws and who owns what, resulting in a tragedy of commons. This can be fixed, so is thought, by water becoming a common property.

Negative externalities are when there are negative affects of something on another. Basically the thing being done comes with a cost. In this case eating hamburgers from bad chains.

The sugar industry in Maharashtra, the biggest producer of the sweetener in the country, expects that the formation of the Sugarcane Price Control Board (SPCB) will lead to a permanent solution on the sugarcane price issue. They are going to implement a revenue sharing formula in order to fix this.

This article is about the excise taxes on medical devices and Obamacare. It is important that it is repealed immediately so that is can go tax free and people can pay less, but it can't get through the house to the president's desk so the issue persists.

There is a new partnership to commercialize graphene. Supplies available were low, but now with the new jointed work, they are able to commercialize graphene and graphene technology. Graphene technology is going to help further research. Graphene is used in technology and can advance things that produce large amounts.

A study from the Brookings Institution, a think-tank, finds that poverty in America has become more concentrated over the past decade. During the 2000s the number of neighborhoods with poverty rates of 40% or more climbed by three-quarters. Poverty is rising in the suburbs however, and it might be because of inaccessability to good jobs - not the other way around. People cannot find jobs and although USA is 5% unemployed, inner cities and specifically black communities have a 40% unemployment rate. People are trying to get work too, there just isn't a supply of enough jobs - personally I think this is due to outsourcing, if everything just stayed in the USA then we would have thousands of more jobs available. The problem at hand is a falling in availability of jobs, along with an increased population and people searching for jobs. Due to companies trying to make more money, we have outsourced most of our available jobs in elastic goods to other countries. In this way we have ruined the economy for ourselves, or at least big companies have. Inelastic products do not have this same issue, yet they still outsource because they are greedy. Pretty crazy to think about. Perhaps if everything cost a bit more money, and we weren't allowed to outsource, then the PED would go down and people would pay more for goods because they would have more money to spend due to increase in number of workers.

There is no supply of an Ebola vaccine to date and it's starting to become an issue. The CDC's emergency budget has been cut, and it's becoming an issue. We really need to think about how we are allocating our money and how we are going to get rid of Ebola in our country.

Europe has had it's first Ebola victim. The disease has killed 3,400 people since March, in Madrid the on October 6th locals are worried about how quickly this will spread. Especially considering that the disease has mutated and is now airborne. Spain worries about the competence of their doctors