Candian Bacon (certainly Michael Moore’s best work of fiction), starring John Candy So I Married an Axe Murderer / Mike Meyers Airplane! / Leslie Nielsen Chain Reaction / Keanu Bright Lights, Big City / Michael J. Fox (who has no Elvis in him, but does good work) I think they’re trying to convince everyone to […]
Being a seven-hour drive away, I don’t have as much direct knowledge of the NYC economy as I did a year or so ago. So I have to rely on Different Metrics. Here is one DrektheUninteresting (see #6) (of Scatterplot and Total Drek fame) will love, when he resurfaces. For those who want a contemporary […]
CATO was making much hay a few days ago about budget problems in California, New York, and New Jersey, which can be explained, respectively, by the Governor’s veto of an Assembly-passed budget a few months ago, the decline in tax revenues from financial services firms and continuing loss of upstate industry, and underfunded pension obligations […]
I subscribe to too many RSS blog feeds. So everyone once in a while one pops up and I think, “Should I drop this”? And so it is with Evolutionary Economics, which occasionally seems like a self-parody of what would happen if you recited Economics 101 cant with an added, even-less-scientific, “evolutionary psychology” glean to […]
Tina at Scatterplot Explains It All to You (now in paperback).
With today’s (well, yesterday’s) five closings, the total of failings of U.S. banks since March of last year to 69. Of those, slightly more than 20% (14) are from the state of Georgia. Excepting the much larger California, there have been more failings in Georgia than in any two other states combined. Also as a […]
Our findings do not provide much support for the usefulness of monetary aggregates in forecasting inflation. See more at the St. Louis Fed. Did building realistic macroeconomic models just get a touch more difficult?
When I first heard that Michael Jackson died, I thought immediately of Chuck Sullivan. I met him once, probably in the early 1990s, after his sponsorship of The Jacksons’s Victory tour savaged his fortune. Unlike the other Moguls I Have Seen, it seemed his reversal of fortune impacted his mood. (More likely, I just caught […]
Dear Barry: The need for posts such as this one recurs because the large majority of economists are idiots. (Multiple exceptions noted—but not enough to change the truth of the initial statement.) As the regulatory reform report notes (quoted by PK at the last link above): In fact, enforcement of CRA was weakened during the […]
Via Eszter, there is one thing that is very clear from this graphic (duplicated below because I can’t figure out how to embed it): There is an excess of home-based internet capacity in the United States, for which people are definitionally paying too much. The question is whether this is a problem. If you argue […]