EconoSpeak
Thursday, January 31, 2008

More on time in a capitalist economy

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Part of what interested me in the article was the time requirement to find the best price. Economists tell us that prices are supposed to b...
12 comments:
Tuesday, January 29, 2008

Time in a capitalist economy

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The American Economic Review has a fascinating article that inadvertently points to a relatively insecure, but significant negative conseque...
16 comments:

Does Steven Landsburg Believe in Ricardian Equivalence or Not?

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The LA Times featured a debate between Jason Furman and Steven Landburg where Jason opened up with a nice discussion of how Lord Keynes mig...
4 comments:
Monday, January 28, 2008

Thoughts on Credit in the United States Economy

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I'm far from an expert on credit, so I'm posting this, hoping that some of you may contribute to my education. My understanding is t...
20 comments:

Regulatory Neglect and the Subprime Mortgage Crisis

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Until a recent Washington Post op-ed piece, I was unaware that the federal government, in particular the Treasury Department's Office of...
6 comments:

China and US Macroeconomic Policies: More Expenditure Switching and Less Expenditure Adjusting Please

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As we worry about a US recession, BusinessWeek says the Chinese are hoping for one: In China, some people might be looking forward to a U.S...
3 comments:
Sunday, January 27, 2008

Jonah Goldberg's "Liberal Fascism": Some Big Problems

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Jonah Goldberg is not wrong about everything in his mostly annoying book, _Liberal Fascism_. Thus, the term "fascism" has been to...
9 comments:
Saturday, January 26, 2008

Bank Failures in Second Life

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I have never seen how Second Life works, but I am fascinated by the game's connections with the real economy -- often replicating some o...
2 comments:

Andy Carnegie and Bill Gates

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My recent post about the two faces of Bill Gates brought some comparison with Carnegie. There is an interesting difference between the two. ...
6 comments:
Friday, January 25, 2008

Bushist Ideology Runs Rampant Over Any Sense Whatsoever

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The front page of the Washington Post today reports that the current US Transportation Secretary, Susan Peters, has thrown up impossible bar...
6 comments:
Thursday, January 24, 2008

The Two Faces of Bill Gates

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Gates just gave a speech advocating a kindler, gentler capitalism, posing a good brother to the poor. At the same time, Microsoft is embark...
7 comments:
Wednesday, January 23, 2008

Why to Tax the Rich: How the Rich Get Richer

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The Ken Griffin interview got me to think about some earlier contributions about his thinking. A Pennsylvania businessman wrote a book with ...
6 comments:

The Latest Recommendation from the Washingtoon Ethnic Dining Guide

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Anybody interested in a spoof on Tyler Cowen and his Ethnic Dining Guide of Washington, link to: The Latest Recommendation from the Washin...
4 comments:

Fiscal Stimulus: Little Bang for the Buck

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CNN reports on the politics of fiscal stimulus: A one-time tax rebate is at the heart of an economic stimulus package being negotiated by H...
9 comments:

Bush and Crew Lied 953 Times About Iraq

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This is probably old news to most, but it is very precise and documented. At http://juancole.com today one can find a report on the Center ...
5 comments:
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