paul.kedrosky.com - 11/24/2008
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"The first thing we do, let's kill all the lawyers". - Henry VI, (Act IV, Scene II). Tonight I happened to be looking at some data on the top 50 economics programs in the world. Just for fun, I resorted the list by country, and then bucketed the ...
blogs.cfr.org - 11/27/2008
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blogs.cfr.org —
Make sure it is the latest World Bank
China Quarterly. David Dollar, Louis Kuijs and their colleagues
have outdone themselves – and in the process provided a clear assessment of the sources of China’s current slowdown and the risks that lie ahead. ...
(more)
If you only read one thing on China this fall …
ft.com - 11/26/2008
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ft.com —
Eye chart It has been a bad year
for economic forecasters. So bad that royalty wants to
know what went wrong. “Why did no one see it coming?” Britain’s Queen Elizabeth asked during a visit to the London School of Economics this month.
(more)
FT.com / Comment / Analysis - The vision thing
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Links 11/24/08
naked capitalism —
The eco machine that can magic water out of thin air Guardian Americans’ ’Hypocrisy’ in Auto Rescue Spurs Me-Too Trading Ire Bloomberg. An auto industry rescue may run afoul of WTO rules. Charming. A reassuring figure for Treasury Economist. On why Geithner is a good pick for Treasury. The problem is that the Bush Administration has so lowered standards that someone who is competent is applauded as a good choice, as in ideology and past record are ignored if you have a respectable background and are not a patronage choice. Competence is a minimum standard, folks. What does the candidate stand for? The ...
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Too much of a good thing …
krugman.blogs.nytimes.com 12/3/2008 — Is only prudent. As far as I know, nobody has written up the case for a fiscal expansion larger than our best estimate of what's needed to close the looming output gap. So I thought it might be useful to write the obvious down.
In the figure below, ...
The one thing broken by this crisis …
tvhe.co.nz 2/11/2009 — Even if nothing else is broken in the economy, there is one thing that has been irrevocably smashed.
My belief that academic economists in the US would be able to use the economic tools developed over the last 200 years to objectively frame issues during a crisis - and then transparently ...
What Will Be The Next Big Thing On The Market
thefinancialblogger.com 10/24/2008 —
With this kind of title, you may think I will write about two different topics. I would either write about the next big bank or insurance company to fall down or the next big company or industry where making money will have never ...
SAVING: IT'S THE NEW, NEW THING (AGAIN)
capitalspectator.com 10/31/2008 — Today's update on personal income and spending corroborates yesterday's GDP report, which told us clearly that the consumer is wary and is cutting back sharply on consumption.
The smoking gun today is that while disposable personal income rose ...
Doing the right thing?
krugman.blogs.nytimes.com 10/9/2008 — A tentative cheer: Paulson may have been dragged kicking and screaming into doing the right thing to rescue the financial system:
Having tried without success to unlock frozen credit markets, the Treasury Department is considering taking ownership ...
Trust us! We're economists!
themessthatgreenspanmade.blogspot.com 12/13/2008 — From This Modern World comes a look at what economists hath created, featuring a special appearance by Paul Krugman (hat tip EU).
6 Reasons Why Recessions are a Good Thing!
milliondollarjourney.com 1/23/2009 — Yes you read the title right, a recession can be a good thing! With all the doom and gloom talk of recessions, I think it’s time to look at the other side of the coin. That is, the positive aspects that recessions can bring. Even though ...
Unemployment: It’s A Guy Thing
mjperry.blogspot.com 12/6/2008 — Kansas City Star -- In the last 12 months, more than 8 of every 10 pink slips have gone to men. The firings have been so gender-lopsided that the male unemployment rate is more than a percentage point higher than that of women. NY Times -- …82% ...
Is Cheaper Oil A Good Thing?
time.com 10/11/2008 — A gas price sign is seen at an Exxon station on September 20, 2008 photo in Manassas, Virginia. AFP PHOTO/Karen BLEIER
China’s Stimulus Plan Is No Such Thing
ritholtz.com 11/11/2008 — Paraphrasing Nixon, have the Chinese become Keynesians now, too?
I don’t believe so.
China’s proposed $586 billion dollar stimulus plan sure generated a lot of excitement this past weekend. It was amusing to watch the SPX futures tick ...
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