Here’s a list of articles that I have been reading today (organized by topic): Finance and the Financial Crisis
Efficient Market Theory and the Crisis, by Jeremy Siegel
“Neither the rating agencies’ mistakes nor the overleveraging by financial firms was the fault of an academic hypothesis.”
Foreign Policy
The Tenacity Question, by David Brooks
“Military experts say that President Obama [...]
Here’s a list of articles that I have been reading today (organized by topic): Economics and the Financial Crisis
It’s Smart to Delay Hiring Early in a Recession, by Casey Mulligan Another Entry for the Employment-Reducing Policies List, by Casey Mulligan The Banking System Is Still Broken, by Ann Lee
“Borrow from the Federal Reserve at zero and lend [...]
Here’s a list of articles that I have been reading today (organized by topic): Economics
The More the Merrier: Population Growth Promotes Innovation, by Casey Mulligan Questioning a Chastened Priesthood, by Jeremy Clift
Finance & Development : “Jeremy Clift profiles psychologist (and 2002 Nobel Laureate) Daniel Kahneman.” Professor Kahneman is one of the “founding fathers” of behavioral economics.
Financial [...]
Here’s a list of articles that I have been reading today (organized by topic): Economics
The More the Merrier: Population Growth Promotes Innovation, by Casey B. Mulligan
Financial Crisis
Bank Pay Controls Aren’t the Answer, by Andy Kessler
Wall Street Journal: “It was leverage, not a ‘thirst’ for risk, that toppled the financial system.”
Health Care Reform
To Explain Longevity Gap, [...]
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, by Bret Stephens
Wall Street [...]
In response to my previous posting entitled “On the use of math in economics…”, my colleague Allen Seward pointed out the following quote to me (Attributed to Alfred Marshall; see Todd G. Buchholz, 1989, New Ideas from Dead Economists, New York: Penguin Group, p. 151.):
In a letter to his protégée, A.C. Pigou, he [Marshall] laid out [...]
As I prepare my course in managerial economics, I have tried to put myself in my students’ shoes and ask why all the math? This is a particularly relevant question because my students are enrolled in Baylor’s executive MBA program, and they (quite understandably) have no interest in becoming professional economists. In his recent blog entry entitled [...]
Here’s a list of articles that I have been reading today (organized by topic): Economics and the Financial Crisis
Lessons from the Fall of Lehman, by Donald Marron Debriefing Lehman, by Holman Jenkins
Wall Street Journal: “The time to worry about moral hazard is now.”
Health Care Reform
Mandated Health Insurance Squeezes Those in the Middle, by Vanessa Fuhrmans
Wall Street [...]
Here’s a list of articles that I have been reading today (organized by topic): Foreign Policy
Ballots, bullets and bombs in Afghanistan, from the Big Picture (News Stories in Photographs from the Boston Globe)
Health Care Reform
Who should decide whether additional medical care is worth the cost?, by Keith Hennessey Keith Hennessey offers some interesting [...]
Here’s a list of articles that I have been reading today (organized by topic): The Economy
The 2010 jobs outlook, by Keith B. Hennessey
Health Care Reform
Obama’s Health Rationer-in-Chief, by Betsy McCaughey WSJ: “White House health-care adviser Ezekiel Emanuel blames the Hippocratic Oath for the ‘overuse’ of medical care.” Work Disincentives in the Health Care Bill, by Casey B. Mulligan
Statistics
Statistical [...]