BY CACTUS Fox News Warns What’s with Fox? On their website, they have this piece: Obama to Inherit Economy in Worst Crisis in 70 Years Barack Obama’s presidential election victory comes with an albatross of a prize — an economy beset by a stubborn housing slump and the worst financial crisis in 70 years. Even […]
Hat tip Economist View for Vox EU David Autor. Though heterogeneous, it is my contention that labour market intermediaries serve a common role. They address – and in some case exploit – a set of endemic departures of labour market operation from the first-best benchmark of full information, perfect competition, and decentralised price taking. Three […]
rdan Sandwichman is serializing Chapman’s theory on hours of labour at Econospeak. The abstract is below. Part 2 is posted today, Nov. 4. Abstract: Sidney Chapman’s theory of the hours of labour, published in 1909 in The Economic Journal, was acknowledged as authoritative by the leading economists of the day. It provided important insights into […]
rdan Good listening to be had on the CDO awards and home owners at PBS Online, This American Life.
by cactus Some Last Thoughts About the Campaign I am not involved in either campaign, nor do I have all that much to do with politics other than running the occasional numbers, expressing an opinion voting. That said, here are my thoughts on the mistakes made in the campaign by both candidates. Obama’s Mistakes This […]
rdan Roll Call reminds us that any talk of monolithic control by party is unlikely for Democrats. I am glad there are no ‘first 100 days’ goal posts for whoever wins the presidency…and watching certain races, such as Pelosi’s as well. House Majority Leader Steny Hoyer (D-Md.) is turning a blind eye to his one-time […]
by cactus Heritage Looks at the McCain and Obama Plans Its that time again. Heritage looks at the McCain and Obama plans and tells us which one is best. (This particular report is authored by William W. Beach, Karen Campbell, Rea Hederman, Jr., and Guinevere Nell.) Heritage being Heritage, I don’t think I have to […]
Cross post with Noni Mausa, Tunnel Under Snow The manner to which they are accustomed — Stolen Quote of the Day What to wear for Halloween? From the Slate overview of the daily papers for Oct. 31 2008, here: Maybe wear a suit and monocle and go as a corporate fat cat? The Journal fronts […]
The Christian Science Monitor reports: NEW DELHI – Tuesday at the United Nations President George Bush and his Pakistani counterpart, Asif Ali Zardari, reaffirmed the alliance of two nations that, in some respects, are fighting two different wars under the single banner of the war on terror. The United States has recently stepped up missile […]
A simple analysis of Arctic sea ice can be found here. A cooler early season provided a cushion for a warmer late season temperature pattern, resulting in more first year ice retention than in 2007. Different wind patterns made for a larger dispersal area than last year.