James Tobin

7 results

US economist Richard Thaler: his “nudge” economics theory suggests people can be subtly guided toward beneficial behaviours without heavy-handed compulsion. Photograph: Reuters
‘Nudge’ theorist Richard Thaler wins Nobel economics prize

US economist Richard Thaler won the 2017 Nobel Economics Prize for his contributions in the field of behavioural economics, showing how human traits a(...)

Children at Holy Trinity National School did a workshop on the physical changes in the brain when a new skill or knowledge is mastered, which neuroscientists call “neuroplasticity”. The fixed mindset sees intelligence as unchanging from cradle to grave; the growth mindset sees intelligence as a malleable attribute that can grow through effort and persistence
Learning through failure: Can we teach children to be smarter?

One of the best aspects of being a teacher is that I have never stopped learning. Last year I had the opportunity to put a theory of learning to th(...)

Since 2009’s market bottom, earnings have soared but actual sales growth has been relatively modest. Increased profits have been made possible by record profit margins of 9.2 per cent. Photograph: REUTERS/Brendan McDermid
Quicksilver markets: investors ignore signs of turbulence at their peril

US stock markets appear dangerously overpriced, and investors should remember that “quicksilver markets can turn from tranquil to turbulent in short o(...)

Pause for thought: multiple signals indicate that the US stock market faces years of sub-par returns. Photograph: Andrew Burton/Getty Images
US stock valuations bode ill for long-term returns

Bearish predictions of a market crash are largely hyperbolic, as we noted last week, but that doesn’t mean investors shouldn’t be concerned about valu(...)

Tesco, the monarch of food retailing, has found discount competitors chopping up its throne to use as kindling. Photograph: Paul Ellis/AFP/Getty Images
Monopolies are no friend of a healthy democracy

‘I t takes a heap of Harberger triangles to fill an Okun gap,” wrote James Tobin in 1977, four years before winning the Nobel Prize in economics. He m(...)

Mayor of Waterford John Cummins from of Fine Gael who has secured a seat in Waterford.
Total of 32 elected to newly amalgamated Waterford councils

After two intense days filled with a mixture of jubilant displays and defeated demeanors, 32 councillors have been elected to the newly amalgamated Wa(...)

Waterford profile: Councillors face major challenge to retain seats in merged council

Full list of candidates One of a handful of counties where city and county councils have been merged, the new Waterford County Local Authoritie(...)