I’ve spent most of the past two weeks alternating between dizziness and sleep. Maybe the dizziness explains why I find myself in agreement with a WSJ editorial: In a better world, Citi would have long ago been put into bankruptcy. The FDIC could have taken over and disposed of the bank’s assets, while protecting insured […]

In the past two minutes of checking out Coates’s latest—well worth reading, otherwise—there have been banner and frame adverts for: The Atlantic Business, edited by Megan McArdle, “Decoding the Mysteries of Today’s Economic Order” or McMegan Explains Modern Business Models (a.k.a. “Built to Flip”) All to You and “Need Advice? Ask Jeffrey Goldberg“ Sorry, but […]

There is now an Angry Bear Chat Room facility, accessible from the lower-right corner of the blog. Does anyone want to use it? Do you need/want posters and others to schedule regular times in there used water slides?

What my brain wants to do: Bank capitalisation, stress testing, book value, and discussion of other data that clearly indicates the need for the nationalisation of several LARGE banks. What my brain is currently capable of doing: The cheerleader who saves the world? Hayden Pantierre (Heroes) George W. Bush (ex-President of the USA) Christy Carlin […]

Following up on Tom’s post of yesterday, PC World offers a list of “10 Ways Microsoft’s Retail Stores Will Differ from Apple Stores.” With links. In honor of #7, it’s time once again to put the picture from this link at the fore: Take that, McMegan!

“Countable Infinity“ The extension of this is that I can have infinite resources, and still sleep under a bridge.

Via Stefan Karlsson, Kash guest-posts at EconBrowser. With—as will come as no surprise to long-time AB readers—lots of graphics.

The U.S. Conference of Mayors presents a (by no means all-inclusive) list of shovel-ready projects, including $11 billion in Public Transit(over $600 million in demand from Charlotte alone, which recently passed NYC in drive-time to work and has seen its drivers vote with their train passes) and over $30B in Energy projects. Search through it. […]

Via Mark Thoma, Uwe Reinhardt* hits one out of the park on economist’s research abilities: Evidently, in the mind of economists, Lone Ranger C.E.O.’s can make truly astronomical contributions to a firm’s market capitalization, ceteris paribus, which justifies high bid prices for them. Why Lone Ranger C.E.O.’s who have trashed their firm’s market capitalization should […]

After the first round, I was convinced that Microsoft’s songsmith was at best, a way to produce mash-ups for the tonally impaired. Kieran Healy has convinced me otherwise, with this piece: capitalism in action, set to music: I believe this is what we meant when we talked about “creative destruction,” back in the days when […]