DIRS.INFO The most relevant business & tech news

☆ Opinion | Government Budget Deficits Can Pay for Themselves
▼ + stars: | 2023-05-10 | by ( Peter Coy | ) www.nytimes.com time to read: +1 min

Now some other economists have demonstrated a second mechanism by which a government could run deficits and never have to pay for them. Unlike Blanchard’s mechanism, it doesn’t depend on the relationship of interest rates to economic growth. Their research came out last month as a working paper released by the National Bureau of Economic Research. “Can Deficits Finance Themselves?” is the paper’s provocative title — evoking, to me anyway, the Laffer Curve theory that tax cuts can pay for themselves. The economists concluded that “deficits contribute to their own financing via two channels.” First, they can accelerate economic growth, which generates more tax revenue.

☆ New York Is Full of Empty Offices After Covid. Make Way for the Playground City. - The New York Times
▼ + stars: | 2023-05-10 | by ( Edward L. Glaeser | Carlo Ratti | ) www.nytimes.com time to read: +20 min

We are witnessing the dawn of a new kind of urban area: the Playground City. The transformation toward the Playground City will not happen on its own. To draw people into the Playground City, we need to show, not tell. 6.Engage citizensGovernments should empower citizens to participate directly in making the Playground City. The Playground City sees people as both a means and an end, and it should involve them in the process of its creation.

☆ I've won $3 million in my 7 years as a pro poker player, but it's not a life that I would ever recommend — it's a hard way to make easy money
▼ + stars: | 2021-12-30 | by ( Xuan Liu | As Told To Jenny Powers | ) www.businessinsider.com time to read: +5 min

Since we were all a bunch of super competitive analytical type students, the school was a hotbed for poker players. From 2010 to 2017, I earned $3 million playing live and online tournaments (online under the name xx23xx). From an outsider's perspective, it may seem glamorous, but poker is also mentally and physically drainingLiu with fellow players at a poker tournament. By 2017, I didn't like the trajectory my life was heading, so after a brief marriage to a fellow player, I left the circuit to live life at a slower pace in Vancouver. Now that live events are back, I'm getting back into poker in different waysI'm doing live poker tournament commentating work in English and Mandarin because there's a broader international audience these days.

Automakers are now shifting to electric vehicles, which could make up one-quarter of new sales by 2035 , analysts project. Around the world, governments and automakers are focused on selling newer, cleaner electric vehicles as a key solution to climate change. Some Democrats have proposed reviving that program to accelerate the shift to electric vehicles. In that scenario, the researchers found, the United States could cut emissions just as deeply with around 205 million electric vehicles. “Right now it can be inconvenient to own an electric vehicle if there are no charging stations around.

Search resuls for: "M.I.T"

4 mentions found