Category Archives: Economics

Peter Gordon’s Blog: Interesting analogy

From Peter Gordon, via Greg Mankiw, an “interesting analogy” from p. 25 of Paul Seabright’s book entitled “The Company of Strangers: A Natural History of Economic Life“: “Politicians are in charge of the modern economy in much the same way as a sailor is in charge of a small boat in a storm. The consequences

Assorted Links (8/7/2010)

Here’s a list of articles that I have been reading lately: How Companies Track Corporate Reputation – The Numbers Guy – WSJ blogs.wsj.com  “How polling firms and other companies track corporate reputation, from monitoring social networks to surveying thousands of people daily.” Medicare Actuary Questions Obamacare Savings | Foxnews.com politics.blogs.foxnews.com “The actuaries at Medicare are

Assorted Links (8/5/2010)

Here’s a list of articles that I have been reading lately: Nature or nurture: What determines investor behavior www.sciencedirect.com Here’s the abstract from this fascinating article: “Using data on identical and fraternal twins’ complete financial portfolios, we decompose the cross-sectional variation in investor behavior. We find that a genetic factor explains about one-third of the

The Broken Window Fallacy…

Hat tip to Tim Shoemaker at the Campaign for Liberty blogsite for “…an excellent video explaining one of the great economic fallacies of our day”:

Assorted Links (8/2/2010)

Here’s a list of articles that I have been reading lately: Hurricane Neal: Cat. 5 – Barrons.com online.barrons.com “Rep. Richard Neal’s bill has foreign insurance companies worried.” ‘Dilbert’ Cartoonist Puts His Money Into ETFs – WSJ.com online.wsj.com “Scott Adams uses his ‘Dilbert’ strip to mock actively managed funds and their managers.” Connecticut Probing Pricing of

Assorted Links (7/31/2010)

Here’s a list of articles that I have been reading lately: Obama Declares Auto Bailout a Success – WSJ.com online.wsj.com “The president said last year’s $60 billion rescue of GM and Chrysler saved an estimated one million jobs… Alan Blinder of Princeton University and Mark Zandi of Moody’s, estimated that the rescue of GM during

Assorted Links (7/29/2010)

Here’s a list of articles that I have been reading lately: Dipping and Deflating — The American, A Magazine of Ideas www.american.com “A double-dip recession now appears all too probable, likely tipping the U.S. economy into deflation.” SEC Says New FinReg Law Exempts It From Public Disclosure www.foxbusiness.com “Under a little-noticed provision of the recently

How the Great Recession Was Brought to an End?

A new working paper entitled “How the Great Recession Was Brought to an End“, by Princeton’s Alan Blinder and Mark Zandi of Moody’s Analytics, was released two days ago. In his blog posting entitled “The Impact of Another Kind of Stimulus“, New York Times reporter David Leonhardt characterizes it as “…the first serious attempt at

Assorted Links (7/27/2010)

Here’s a list of articles that I have been reading lately: Debate Heats Up Over Stimulus Spending – WSJ.com online.wsj.com “Eighteen months after Obama administered a massive dose of spending increases and tax cuts, a fight has broken out about whether fiscal-stimulus medicine is curing the illness or making it worse.”  For a page 1

Assorted Links (7/24/2010)

Here’s a list of articles that I have been reading lately: Mike Huckabee on politics, Christianity, Israel : The New Yorker www.newyorker.com Interesting New Yorker article about former Arkansas governor and presidential candidate Mike Huckabee… Will the U.S. Hand Chavez a License to Kill? www.american.com “Venezuelan dictator Hugo Chavez’s record of providing money, arms, political