Δευτέρα, Οκτωβρίου 31, 2005
Frank on Schelling
Frank on Schelling: "
Robert Frank devotes his NYT Economic Scene column to the co-Nobel Prize winner (Of Hockey Players and Housing Prices). He makes an interesting observation about preferences and values that has implications for environmental valuation. The idea is that …"
Τρίτη, Οκτωβρίου 25, 2005
Ben Bernanke, economist
Ben Bernanke, economist: "
I associate Ben Bernanke with several major contributions: 1. The theory of irreversible investment, circa 1983. Before Bernanke, Dixit, and Pindyck, models often assumed that investments could be reversed or taken back. Bernanke outlined how the …"
Ben Bernanke, economist
Ben Bernanke, economist: "
I associate Ben Bernanke with several major contributions: 1. The theory of irreversible investment, circa 1983. Before Bernanke, Dixit, and Pindyck, models often assumed that investments could be reversed or taken back. Bernanke outlined how the …"
Δευτέρα, Οκτωβρίου 24, 2005
Student blogs
Student blogs: "
For your weekend reading pleasure, my Internet & Society course blog links to 25 students’ class blogs. They are required to blog about their readings (which already leads to some interesting posts), but additionally, several of them have …"
Fooled by randomness
Business Week on Taleb's book: Link to article
Τετάρτη, Οκτωβρίου 19, 2005
Ocean warming threatens Antarctic wildlife
Ocean warming threatens Antarctic wildlife: "
Scientists working in Antarctica have discovered an alarming rise in sea temperature that threatens to disrupt populations of penguins, whales, seals and a host of smaller creatures within a few decades."
Thomas Sowell on Freakonomics
Thomas Sowell on Freakonomics: "
Thomas Sowell wrote this about us recently: “Economist Steven Levitt’s best-selling book “Freakonomics” is not really about economics. It is about applying systematic reasoning to all sorts of social problems. Systematic reasoning is needed even more …"
The Future of American Manufacturing
The Future of American Manufacturing: "
This commentary by Robert Samuelson, while acknowledging the difficulty it causes for individuals, essentially applauds the troubles Delphi is having as a means of eliminating the contracts that turned the companies into mini-welfare states and returning …"
DeLong Smackdown Watch!
DeLong Smackdown Watch!: "
Robert Waldmann--who knows about biochemistry and medicine--wields the bludgeon: Robert's Stochastic thoughts: Dean Baker asks: Just for the record, the U.S. government already spends $30 billion a year on biomedical research.... Why shouldn't we believe …"
Housing Economics
http://www.marginalrevolution.com/marginalrevolution/2005/10/housing_economi.html
Housing Economics
The NYTimes Magazine has an excellent article on the housing market based around a discussion of the development firm Toll Brothers. Bob Toll the president of the firm is predicting that US housing prices will converge with those in Europe. In Britain you pay seven times your annual income for a home; in the U.S. you pay three and a half." The British get 330 square feet, per person, in their homes; in the U.S., we get 750 square feet.
Housing Economics
The NYTimes Magazine has an excellent article on the housing market based around a discussion of the development firm Toll Brothers. Bob Toll the president of the firm is predicting that US housing prices will converge with those in Europe. In Britain you pay seven times your annual income for a home; in the U.S. you pay three and a half." The British get 330 square feet, per person, in their homes; in the U.S., we get 750 square feet.
Τρίτη, Οκτωβρίου 18, 2005
t r u t h o u t - Paul Krugman | The Big Squeeze
In 1999 Delphi, the parts division of General Motors, was spun off as an independent company. Now Delphi has filed for bankruptcy. Its chief executive, Robert S. Miller, wants the company's workers to accept drastic wage cuts, from an average hourly wage rate of about $27 to as little as $10 an hour.
There are a lot of questions about how Delphi and the auto industry in general reached this point. Why were large severance packages given to Delphi executives even as the company demanded wage cuts? Why, when General Motors was profitable, did it pay big dividends but fail to put in enough money to secure its workers' pensions?
Nationalize Tamiflu Now!
From: Brad DeLong's Semi-Daily Journal
Dean Baker writes some very good sense about Tamiflu and compulsory licensing: MaxSpeak, You Listen!: BIRD FLU, BIRD BRAINS, AND ECONOMISTS : Those of you who like to prepare for potential crises in advance, rather than waiting until after the fact (i.e.
3. Global Transformations: Politics,...
3. Global Transformations: Politics, Economics, Culture
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The Global Transformations Reader: An Introduction to the Globalization Debate
Δευτέρα, Οκτωβρίου 03, 2005
Quantity demanded for gas vs. gas demand
From: Enviromental Economics Blog
I found some interesting tidbits about retail gas pricing in the big-city paper (Here comes another Charlotte Gas Spike). The article concludes with this:Dropping demand -- estimated at 5 percent to 8 percent lower than a year ago -- could...
Κυριακή, Οκτωβρίου 02, 2005
Dealing with the Housing Bubble
Dealing with the Housing Bubble: "
Mark Thoma reports Janet Yellen's views on the housing bubble: Economist's View: Yellen: There is a Bubble But Don't Pop It With Monetary Policy: [W]hile I'm certainly not predicting anything about future house price movements, I think it's obvious that …"
Σάββατο, Οκτωβρίου 01, 2005
Μικροοικονομικοί Προβληματισμοί
Ένας χώρος για να μοιραζόμαστε σκέψεις και αναφορές σε δημοσιεύματα για επίκαιρα μικροοικονομικά ζητήματα.
