Are you folks interested in seeing how we will travel tomorrow? Well, science is getting there. Whether you or I will see this body of accomplishment in our day, remains to be seen. It's not that far away. It's pretty nifty. Enjoy.
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from the Richmond Fed
-- this post authored by Eamon O'Keefe
On the hottest days of summer, when many Americans turn down their thermostats and crank up their air conditioners, electric utilities have to boost production to meet high demand. The power plants they bring online often are more expensive to operate, yet electricity prices rarely change. Economists envision an electricity marketplace in which prices reflect the true cost of producing electricity so that consumers and producers are constantly adapting to real-world conditions.
Infographic Of The Day: The World's Greatest Fears
Did you know that inequality is the top fear for both North Americans and Europeans?
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by Dirk Ehnts, Econoblog101
The UNCTAD has a new book on development strategies (free pdf available). There is a section of fiscal space, which is an idea that is discussed quite a lot these days.
Written by Gary
Look for another quiet day on Wall Street with the bosses gone for the long weekend leaving the serfs with instructions. Have a great Black Friday fighting for bargains.
Read more ...
from the American Chemistry Council
The Chemical Activity Barometer (CAB) stabilized in November, rising 0.1 percent following three consecutive months of decline. October data was revised up 0.3 percent and September by 0.2 percent.