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Blog_2017_12_27
Robert Hughes

Consumer Confidence Falls in December as Short-Term Expectations Drop

The Consumer Confidence Index fell to 122.1 in the latest reading, but remains at historically favorable levels, supported by a robust labor market, suggesting support for ongoing economic expansion in the short term.

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MG_1227
Max Gulker

Tulip-Mania Mania Is a Bubble Bound to Burst

The bubble in comparing Bitcoin to the tulip bubble has gotten out of hand.

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Brian C. Albrecht

One Bad Bank Spoils the Bunch

A new NBER working paper explains how too-big-to-fail policy encourages risky investments by small banks as well.

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