Here’s what’s going on in the online world of economics.
- If you’re heading to Brazil anytime soon, be prepared to shell out big bucks for a Caipirinha–and everything else. Prices there are on the rise thanks to surging demand. [NPR]
- Find out how to run your company like an improv group, read a financial statement, become a better fundraiser, and get people to pay attention to your message with Bloomberg Businessweek’s HowTo 2013.
- 76 percent of university faculty are adjunct professors. Their average rate of pay: $2700 per course. Sarah Kendzior says this isn’t sustainable–and urges tenured professors to take up the cause. [Al Jazeera]
- Joel Kurtzman of the Miliken Institute says that economic forecasts don’t matter–but how people react to them does.
- The Federal Reserve’s 100th anniversary is coming up this year. David Warsh of Economic Principals celebrates with a round-up of recent books about the Fed’s role in the 2007-2008 financial crisis.
- Economist and Nobel Prize winner Robert Solow considers Ben Bernanke in “How to Save American Finance From Itself.” [The New Republic, via Greg Mankiw’s Blog.]
- Why doesn’t Canada have banking crises? Columbia University’s Charles Calomiris says the secret lies in liberal democracy. [Real Time Economics]
