Change in car safety has been dramatic since 1950. Remember that when wingnuts call for government to get off of their backs.
Marginal Revolution: Progress
Wednesday, September 30, 2009
Sunday, September 27, 2009
Susquehanna
Profile of what makes a good trader. This could be about any one of the principals of quant trading firms by only changing a few details:
- Discipline
- Understanding of probability
- Willingness to take bets.
- Ability to lose money.
Philadelphia Magazine:
- Discipline
- Understanding of probability
- Willingness to take bets.
- Ability to lose money.
Philadelphia Magazine:
Wednesday, September 16, 2009
Tuesday, September 15, 2009
Monday, September 14, 2009
Saturday, September 12, 2009
Friday, September 11, 2009
Economist's View: "The Economic Impact of the American Recovery and Reinvestment Act of 2009"
Only 151 billion has been spent.
"As of the end of August, $151.4 billion of the original $787 billion has been outlaid or has gone to American taxpayers and businesses in the form of tax reductions"
Economist's View: "The Economic Impact of the American Recovery and Reinvestment Act of 2009"
"As of the end of August, $151.4 billion of the original $787 billion has been outlaid or has gone to American taxpayers and businesses in the form of tax reductions"
Economist's View: "The Economic Impact of the American Recovery and Reinvestment Act of 2009"
I know I know nothing;
Sometimes knowing what you do not know is a good thing.
FT.com | Willem Buiter's Maverecon | I know I know nothing; but at least I know that
FT.com | Willem Buiter's Maverecon | I know I know nothing; but at least I know that
Thursday, September 10, 2009
A brilliant healthcare speech
Should be watched in full.
Delivering a brilliant healthcare speech - Credit Writedowns
[Our predecessors] knew that when any government measure, no matter how carefully crafted or beneficial, is subject to scorn; when any efforts to help people in need are attacked as un-American; when facts and reason are thrown overboard and only timidity passes for wisdom, and we can no longer even engage in a civil conversation with each other over the things that truly matter – that at that point we don’t merely lose our capacity to solve big challenges. We lose something essential about ourselves.
That large-heartedness – that concern and regard for the plight of others – is not a partisan feeling. It is not a Republican or a Democratic feeling. It, too, is part of the American character. Our ability to stand in other people’s shoes. A recognition that we are all in this together; that when fortune turns against one of us, others are there to lend a helping hand. A belief that in this country, hard work and responsibility should be rewarded by some measure of security and fair play; and an acknowledgement that sometimes government has to step in to help deliver on that promise
Delivering a brilliant healthcare speech - Credit Writedowns
[Our predecessors] knew that when any government measure, no matter how carefully crafted or beneficial, is subject to scorn; when any efforts to help people in need are attacked as un-American; when facts and reason are thrown overboard and only timidity passes for wisdom, and we can no longer even engage in a civil conversation with each other over the things that truly matter – that at that point we don’t merely lose our capacity to solve big challenges. We lose something essential about ourselves.
That large-heartedness – that concern and regard for the plight of others – is not a partisan feeling. It is not a Republican or a Democratic feeling. It, too, is part of the American character. Our ability to stand in other people’s shoes. A recognition that we are all in this together; that when fortune turns against one of us, others are there to lend a helping hand. A belief that in this country, hard work and responsibility should be rewarded by some measure of security and fair play; and an acknowledgement that sometimes government has to step in to help deliver on that promise
Wednesday, September 09, 2009
Tuesday, September 08, 2009
The Evolution of Divorce
"now that the institutional model has lost its hold over the lives of American adults, sex, children, and intimacy can be had outside of marriage. All that remains unique to marriage today is the prospect of that high-quality emotional bond -- the soul-mate model. As a result, marriage is now disproportionately appealing to wealthier, better-educated couples, because less-educated, less-wealthy couples often do not have the emotional, social, and financial resources to enjoy a high-quality soul-mate marriage."
The Evolution of Divorce > Publications > National Affairs
The Evolution of Divorce > Publications > National Affairs
Monday, September 07, 2009
Total 10 Year Job Gains: Negative 203k |
More than housing, more than the deficit, this is the biggest problem facing our economy.
Total 10 Year Job Gains: Negative 203k | The Big Picture
Total 10 Year Job Gains: Negative 203k | The Big Picture
Sunday, September 06, 2009
Saturday, September 05, 2009
Friday, September 04, 2009
Thursday, September 03, 2009
Wednesday, September 02, 2009
Tuesday, September 01, 2009
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