In the grand tradition of “pulled from comments,” I’m pulling this one—from Brad DeLong’s blog, in response to this post: …Manzi does not seem to have a consistent view of the concavity of instantaneous indirect utility functions. He argues that it would be absurd to consume the proceeds of the IPO of a successful startup […]
Via Andrew Samwick at Capital Gains and Games, note that David Altig’s Macroblog is back. (Altig is now the Research Director at the FRB Atlanta; it appears he has settled into the job and is expanding his bandwidth.) As Dr. Samwick said, set your bookmarks (or RSS feeders or whatever all the Cuil kids are […]
No matter who “won.” Anyone who knows the phrase “think at the margin”—with or without the differential calculus and comparative statics—would have predicted that the Bankruptcy Bill (a.k.a. The Ken Lewis Retirement Subsidy Act) would damage to the economy when it was least able to survive the damage. What no one knew for certain was […]
The most interesting presentation I saw at the AEA last January was Maccini and Yang’s discussion of the effect of rainfall on the health and growth of Indonesian babies.* It was subsequently discussed as an NBER working paper** by Jason Shafrin, and the thing that made it most interesting is that Maccini and Yang found […]
The gents at Capital Gains and Games—and soon, likely, the ma’am at EconMom—are in the throes of ecstasy (not necessarily the drug). There are “bond vigilantes” on the horizon. Stan Collender: The bond market “vigilantes” — the same people who forced the Clinton administration to propose and push for deficit reduction — are starting to […]
The first thing my uncle (who has lived in the Toronto area since, I believe, the late 1950s) asked was “Why on earth are you going to Quebec instead of Ontario?” Considering the evidence, he may have a point. Comparison of Licence Plate mottos: Quebec Province: Je me souviens (which I would translate to “I […]
As noted last week, we are in Montreal, and Videotron was scheduled today to install telephone, television, and internet services. They came through with flying colors. At approximately 12:50, I made a phone call to inquire about the arrival time of the individuals I had been expecting. It was revealed by the representative that they […]
In the grand tradition of cactus, I have arranged with Videotron for telephone, television, and internet service at our apartment in Montreal starting on Tuesday morning. If all goes well, I hope to blog about it on Tuesday. If all does not go well, I’ll be blogging it sometime after the opening ceremonies of the […]
Roger Ailes notes that Tim Kaine (D-VA) is the frontrunner for Dem VP, while KathyG (whose post on Cass Sunstein is a must-read) notes that Tim Pawlenty (R-MN) appears likely to be McCain’s choice, likely ensuring one ovation at the Minneapolis convention. Hmm. The man who presides over his state being described as “the state […]
Today at Readercon, my wife participated on a Necrology panel. (“Those we’ve lost this year…”) An audience member mentioned that Tom Disch wrote an episode of Miami Vice, featuring James Brown. Also appearing was Chris Rock, four years before New Jack City made him a movie star. Anyone who can tell me about the episode? […]