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More on Dubner and Levitt II

It has long been a standard claim of economics—iirc, Robert Lucas was the first to say it aloud, though it may have been Gary Becker*—that a man who marries his…

Clearly a Commie-Symp Terrorist

Who said: The United States participated actively and effectively in the negotiation of the [1984 UN Convention on Torture] . It marks a significant step in the development during this…

Blind-Reference of the Week

Late to the party, but FelixMatthew Malone (via The Divine Bess) quotes from Andrew Lahde’s good-bye letter, the follow-up to the one in which he noted that he only plays…

DeLong, Krugman and Risk Aversion

Robert Waldmann Brad DeLong writes I think the private-sector players in financial markets right now are highly risk averse–hence assets are undervalued from the perspective of a society or a…

The Shape of the Future

…the message that high risks were not really high risks in a low-risk economy. Then the fundamental stability and growth momentum of the global economic system created a bulging appetite…