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 …
Unfortunately for Dilbert, he is confused about the prisoner’s dilemma game, which occurs when the players of a game rationally choose not to cooperate with each other even if it is in their best interests to do so!
Here’s a list of articles that I have been reading lately: Judy Shelton: The Recovery Starts With Sound Money – WSJ.com Source: online.wsj.com “Judy Shelton writes in The Wall Street Journal that the willingness to work for the sake of future prosperity is a universal human quality, but people must believe there is a …
Here’s a list of articles that I have been reading lately: Hard Sell – WSJ.com Source: online.wsj.com “John Fund writes in The Wall Street Journal that ObamaCare appears more unpopular than ever.” Chronicle of a Currency Crisis Foretold – Project Syndicate Source: www.project-syndicate.org “The crisis in Greece and the problems in Spain and Portugal have …
I am a big fan of Presh Talwalkar’s Mind Your Decisions blogsite. He often posts some very thought provoking entries on the general topic of game theory. Anyway, in a recent entry entitled Game theory videos by Tim Harford, Presh points out a couple of particularly interesting YouTube videos on game theoretic aspects of racial segregation (see Youtube …
Here’s a list of articles that I have been reading today (organized by topic): Economics and Public Policy An Empire at Risk, by Niall Ferguson “We won the cold war and weathered 9/11. But now economic weakness is endangering our global power.” Finance Fama Lecture: Masters of Finance “From the American Finance Association’s “Masters in …
Here’s a list of articles that I have been reading today (organized by topic): Economics and the Financial Crisis In the World of Banks, Bigger Can Be Better, by Charles Calomiris “We can solve the too-big-to-fail problem without losing the benefits of a global financial system.” The jobs battle, by Keith Hennessey A Sickening Deficit, …
Here’s a list of articles that I have been reading today (organized by topic): Economics Parsing the intellectual contributions of the 2009 Nobel Prize in Economics laureates, Elinor Ostrom and Oliver Williamson. The day after the 2009 Nobel Prize in Economics was announced, there are all sorts of interesting commentaries emerging that parse the intellectual contributions …
Here’s a list of articles that I have been reading today (organized by topic): Economics and the Financial Crisis Taxes, Depression, and Our Current Troubles, by Art Laffer Wall Street Journal: “Tariffs, rising state and federal taxes, and currency devaluation ruined the 1930s, and they could do the same today.” Foreign Policy Summits of Folly, …
Here’s a list of articles that I have been reading today (organized by topic): Catastrophes One year after Hurricane Ike, from the Boston Globe’s “Big Picture” blogsite Boston Globe: “One year after Hurricane Ike tore across the gulf coast of Texas, residents paused on Sunday to observe the anniversary of the costliest natural disaster in …
