Ebeling on Austrian economics, Matheson on sports
According to SWIFT, 50 out of 161 countries that exchanged payments with China and Hong Kong used Chinese renminbi for more than 10 percent of their payments’ value last month. Edward Harrison weighs in. Richard Ebeling, professor of ethics at the Citadel, tells us which boom areas concern him most right now and what is responsible for the economic issues in Europe. Victor Matheson, professor of economics at College of the Holy Cross, explains how important winning is in terms of financial performance in the sports industry and explains the calculations behind trading players in the US. And in the Big Deal, Erin and Edward Harrison talk about professional athletes’ salaries and endorsement deals.
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