McDonald’s profit hit by strong dollar – Consumer News – Crain’s Chicago Business

McDonald’s Corp. said its net income slipped 4 percent in the second quarter as a result of unfavorable currency exchange rates and a slowing global economy.

via McDonald’s profit hit by strong dollar – Consumer News – Crain’s Chicago Business.

Welcome

Welcome, economics students. This is an exciting if not harrowing time to be learning the dismal science, which is economics.

New Books

I posted a couple of new book links on the Recommended Reading page. Keynes: Return of the Master is on the policies of John Maynard Keynes as put forth by his biographer, Robert Skidelsky. The other is an offering by a Australian economist, Steve Keen, Debunking Economics in the neo-Classical vein.