EconoSpeak
Friday, October 29, 2010

Why Capitalism Cannot be Tamed

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A little more than a year ago, I posted a note using football as a metaphor for the futility of effective regulation. http://michaelperelman...
5 comments:
Thursday, October 28, 2010

This Is What Accounting Identities Look Like

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I have been periodically raging against the ignorance of those who would slash fiscal deficits without regard to fundamental accounting iden...
12 comments:

You Wouldn’t Know that Banking Is a Business

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I was glumly reading this morning’s New York Times article about Spain, where bankruptcy law holds borrowers fully liable for their outsta...
2 comments:
Wednesday, October 27, 2010

Deleterious Doodling About The Deficit: What Else Is New? Department

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In today's Washington Post business section, Lori Montgomery has a big article on "A renewed focus on spending," starting with...
8 comments:

French Pension “Reform” and the Life Expectancy Canard

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Angela Doland reports on a bill passed by the French parliament: France's parliament granted final approval Wednesday to a bill raising...
3 comments:
Monday, October 25, 2010

The url's for my videos

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A friend asked if I would collect the urls for my videos. Here they are, beginning with the most recent. http://www.youtube.com/watch?v=8Ps...
1 comment:
Sunday, October 24, 2010

The Ironies of the Commodity: My New Video

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I just posted a new video regarding the ironies of the commodity, taking up from the respective analysis of Marx and Smith and the behavior ...

Privatized Education Ripoff in the Homeless Shelters

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Golden, Daniel. 2010. “The Homeless at College.” Bloomberg Business Week (30 April). Here is how the article begins: “Benson Rollins wants a...
1 comment:
Saturday, October 23, 2010

Do No Evil: Pay No Taxes

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Bloomberg has an excellent article describing how Google saves billions in taxes. Besides showing how Google constructs its international ne...
2 comments:
Friday, October 22, 2010

A Very Small Step

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The 4% solution proposed by Tim Geithner—countries should try to keep their current account surpluses or deficits within 4% of their GDP—of...
3 comments:
Thursday, October 21, 2010

Denial on Two Fronts, Climate and Keynes

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This morning’s New York Times , without any apparent irony, gives us two front page stories in which science and empiricism are rejected in ...
3 comments:
Tuesday, October 19, 2010

In Memory of Benoit Mandelbrot

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I would have posted on the death of mathematician Benoit Mandelbrot on October 14 sooner, but my mother died on Oct. 8, and I have been comp...
6 comments:
Sunday, October 17, 2010

Privatized Education Fraud: Stripping to Pay Tuition

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Bloomberg Businessweek has done a good job of tracking the scandal of privatized colleges. I will post another piece in which the magazine ...
Saturday, October 16, 2010

Overview of Economic Crises

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I just uploaded another YouTube talk on the overview of economic crises. http://www.youtube.com/watch?v=6h9xpmM14BU
Thursday, October 14, 2010

Why Greg Mankiw's taxes must be increased!

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In the Sunday Times, Mankiw whines about how Obama's desire to let the Bush tax cuts for the rich expire reduces his incentives to take...
6 comments:
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