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Monday, May 30, 2011
Sunday, May 29, 2011
Saturday, May 28, 2011
Friday, May 27, 2011
Wednesday, May 25, 2011
Tuesday, May 24, 2011
Recent and Worth Reading - Grasping Reality with a Flexible Trunk
Summary of recent works of Brad DeLong
Monday, May 23, 2011
Sunday, May 22, 2011
Friday, May 20, 2011
Thursday, May 19, 2011
Wednesday, May 18, 2011
On Short-Termism and the Institutionalization of Rentier Capitalism � naked capitalism
An incorrect and high discount rate is responsible for the lack of will to commit to infrastructure investment projects.
Econbrowser: F for Fail
Econbrowser: F for Fail: \
What drives the price of gasoline (it is not just the currency)"
"US GDP
Rest-of-world GDP
Energy intensity of economic activity
Oil production capacity
Cost of production of marginal producer
Nominal interest rates
Inflation rates
Expected price of oil (itself a function of trends in the above factors)
Speculative activities of non-fundamentalist traders
Numeraire issues"
Rest-of-world GDP
Energy intensity of economic activity
Oil production capacity
Cost of production of marginal producer
Nominal interest rates
Inflation rates
Expected price of oil (itself a function of trends in the above factors)
Speculative activities of non-fundamentalist traders
Numeraire issues"
Tuesday, May 17, 2011
Sunday, May 15, 2011
Saturday, May 14, 2011
Honest Republicans
"Rep. Ron Paul (R-Texas) suggested Friday that he wouldn't have supported the 1863 Emancipation Proclamation"
Thursday, May 12, 2011
Toyota's Latest Struggles Bare Export Ills - WSJ.com
Toyota contemplating moving more production outside of Japan. Earthquake as a catalyst.
Wednesday, May 11, 2011
Interrogation Experts From Every Branch of the Military and Intelligence Agree: Torture DOESN’T Produce Useful Information | The Big Picture
Torture does not work. But even if it did we should not do it.
Tuesday, May 10, 2011
Monday, May 09, 2011
Saturday, May 07, 2011
- Glenn Greenwald - Salon.com
How times change
"That four great nations, flushed with victory and stung with injury stay the hand of vengeance and voluntarily submit their captive enemies to the judgment of the law is one of the most significant tributes that Power has ever paid to Reason."
Friday, May 06, 2011
The Slippery Slope of Justifying Torture
"As I tried to allude to in my post this morning, torture will always appear to “work” regardless of whether it in fact “works.” �We will attribute any success to it, and any failure to not enough of it. �And thus we will soon find that we are justifying it in all manner of situations."
Thursday, May 05, 2011
Loony-ass Insurgents vs. Waffling Bores: GOP Presidential Fight Starts Tonight | Rolling Stone Politics | Taibblog | Matt Taibbi on Politics and the Economy
Loony-ass Insurgents vs. Waffling Bores: GOP Presidential Fight Starts Tonight | Rolling Stone Politics | Taibblog | Matt Taibbi on Politics and the Economy: "Loony-ass Insurgents vs. Waffling Bores: GOP Presidential Fight Starts Tonight!"
Tuesday, May 03, 2011
Monday, May 02, 2011
A brief note on the death of bin Laden � Fabius Maximus
Some different views on the death of bin Laden.
Sunday, May 01, 2011
Uh-Oh: Is Shiller Defending the Failures of Economists? | The Big Picture
Uh-Oh: Is Shiller Defending the Failures of Economists? | The Big Picture:
Quote of the day:
"future crises could be avoided if only we had less economists who were fools."