Thursday, December 31, 2009
Wednesday, December 30, 2009
Tuesday, December 29, 2009
Monday, December 28, 2009
Cost and Outcomes in US healthcare
We know the numbers but neither the causes nor the solution.
The recent Senate bill will not change this curve by much.
American Exceptionalism Strikes Again | Angry Bear
The recent Senate bill will not change this curve by much.
American Exceptionalism Strikes Again | Angry Bear
Stimulus timing - Paul Krugman Blog - NYTimes.com
Simple explanation of impact of stimulus on growth.
First derivative is important.
Stimulus timing - Paul Krugman Blog - NYTimes.com
First derivative is important.
Stimulus timing - Paul Krugman Blog - NYTimes.com
Jonathan Gruber - 'Cadillac' tax isn't a tax -- it's a plan to finance real health reform - washingtonpost.com
A lesson in framing.
The Cadillac tax is not a tax. It is actually an elimination of a tax break on wealthy Americans.
Jonathan Gruber - 'Cadillac' tax isn't a tax -- it's a plan to finance real health reform - washingtonpost.com
The Cadillac tax is not a tax. It is actually an elimination of a tax break on wealthy Americans.
Jonathan Gruber - 'Cadillac' tax isn't a tax -- it's a plan to finance real health reform - washingtonpost.com
“Is Blaming AAA Investors Wall-Street Serving PR?” « naked capitalism
Investment Banks ripped off investors by selling them fraudulently marked bonds.
“Is Blaming AAA Investors Wall-Street Serving PR?” « naked capitalism
“Is Blaming AAA Investors Wall-Street Serving PR?” « naked capitalism
Sunday, December 27, 2009
Saturday, December 19, 2009
Thursday, December 17, 2009
Morgan Stanley Walking Away from Properties
First class business in a first class way.
What does this say about the CRE market?
What if more homeowners start to do this? Another leg down in the housing market.
What does this say about the CRE market?
What if more homeowners start to do this? Another leg down in the housing market.
Wednesday, December 16, 2009
Bonuses Were Paid Fraudulently
Trader and management bonuses were based on fraudulent profits and should be clawed back.
Unfortunately this will not happen.
This is another good reason for a windfall profit tax.
Former Barclays Chief Points Out Bonuses Were Paid Fraudulently « naked capitalism
Unfortunately this will not happen.
This is another good reason for a windfall profit tax.
Former Barclays Chief Points Out Bonuses Were Paid Fraudulently « naked capitalism
Sunday, December 13, 2009
The Secret Diary of Steve Jobs :
One of the problems of American industry. Lack of vision and run by the numbers mentality.
The Secret Diary of Steve Jobs : A not-so-brief chat with Randall Stephenson of AT&T
The Secret Diary of Steve Jobs : A not-so-brief chat with Randall Stephenson of AT&T
Saturday, December 12, 2009
FT.com | Money Supply | A windfall tax in the US?
The tax should be on bank's profits, not on the bonuses. This is easier to administer and tougher to defer. Less appealing to vindictive popularists.
FT.com | Money Supply | A windfall tax in the US?
FT.com | Money Supply | A windfall tax in the US?
Obama's Big Sellout : Rolling Stone
More on America's Oligarchy from Taibbi.
Obama's Big Sellout : Rolling Stone
DeLong counters.
And a counter.
And Salmon counters the counter.
Obama's Big Sellout : Rolling Stone
DeLong counters.
And a counter.
And Salmon counters the counter.
Friday, December 11, 2009
Thursday, December 10, 2009
Wednesday, December 09, 2009
Britain to Levy a One-Time Tax on Banker Bonuses - NYTimes.com
U.K. shows guts. Unfortunately this will not happen in the US. It should
Britain to Levy a One-Time Tax on Banker Bonuses - NYTimes.com
Britain to Levy a One-Time Tax on Banker Bonuses - NYTimes.com
What is Maturity - and Who's Got It?,
From the comments: "It's accepting that there are some things you want but will never have, and that that's ok."
What is Maturity - and Who's Got It?, Bryan Caplan | EconLog | Library of Economics and Liberty: "
What is Maturity - and Who's Got It?, Bryan Caplan | EconLog | Library of Economics and Liberty: "
Monday, December 07, 2009
NY Fed President Dudley: Still More Lessons from the Crisis
The Fed is learning. They are no longer saying that they will wait for bubbles to pop and then clean them up.
Calculated Risk: NY Fed President Dudley: Still More Lessons from the Crisis
Calculated Risk: NY Fed President Dudley: Still More Lessons from the Crisis
Sunday, December 06, 2009
Fundamental Reseaons for the Gold Bubble
Rational explanations of the irrational.
The Oil Drum: Europe | Peak Gold, Easier to Model than Peak Oil? - Part I
The Oil Drum: Europe | Peak Gold, Easier to Model than Peak Oil? - Part I
Friday, December 04, 2009
For my Netflix queue
I got lots of free time these days.
f250bestmoviesmap_HQ.jpg (JPEG Image, 3507x2160 pixels) - Scaled (43%)
f250bestmoviesmap_HQ.jpg (JPEG Image, 3507x2160 pixels) - Scaled (43%)
Thursday, December 03, 2009
Public Works
But it's not as though the United States hasn't started some big public works projects over the past decade or so; it just hasn't been doing them here at home. We've spent billions constructing military bases in Iraq and Afghanistan, for example, and another billion or more on a giant embassy in Baghdad and another one in Pakistan. Needless to say, those "public works" projects are a drain on the U.S. economy rather than a source of additional productivity.
Obsidian Wings: But I’ve Been Unfaithful, I’ve Been Traveling Abroad
Obsidian Wings: But I’ve Been Unfaithful, I’ve Been Traveling Abroad
Wednesday, December 02, 2009
A More Perfect Union
"What would a better marriage look like? More happiness? Intimacy? Stability? Laughter? Fewer fights? A smoother partnership? More intriguing conversation? More excellent sex?"
A More Perfect Union - NYTimes.com
A More Perfect Union - NYTimes.com
Contra Max Weber
So the most value I got out of that sociology class was the 9w joke.
Marginal Revolution: Contra Max Weber
Marginal Revolution: Contra Max Weber
Tuesday, December 01, 2009
The Amazing Animated Version Of The Tiger Woods Crash
The Chinese are really taking over the world. They have surveillance cameras in Orlando
The Amazing Animated Version Of The Tiger Woods Crash
The Amazing Animated Version Of The Tiger Woods Crash
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