Economic (and financial crisis) links
A nice little reminder of how changes in relative prices can confound expectations.
Suggesting creating a market in endangered species futures.
Whose logistic supply system do you think works better: the US Air Force’s or Wal Mart’s?
About “animal spirits” in the economy. More, from an historical perspective.
In Italy, the credit crunch is helping the Mafia’s money-laundering lots.
In Ireland, lots of signs of economic downturn, including economic disaster tours.
George Mason University is pulling out of its expansion to the Persian Gulf.
Paper on the systematic failures of (pdf) economic modelling and the economics profession. A critique of Keynes’ General Theory. Death of an economist who had studied the last 10 US recessions as they were happening.
Arguing that the reason why governments directly engage in schooling is to primarily control the socialisation of (pdf) children. More. Trying to quietly strangle the US’s only federally-financed school voucher scheme.
An experienced Wall St banker on the crisis and the need to let things sort themselves out. Full video here. Noting that it is not banks that are the problem, but the securities market. On why it is difficult to fix the banking sector. Explaining the problem with who will suffer the losses of “fixing” the bond market. The commenter who says one of the important things to do is to take steps to stop it happening again seems very apposite.
About the stimulus effects of the New Deal and WWII.
A website that allows you to compare US recessions. Current economic downturn is still accelerating. Lots of graphs on the current US economy, particularly the housing market. Housing approvals have fallen to a record low in NZ.
About buying into Rio Tinto and Chinese companies overseas investing. The Beijing regime wasted truly spectacular amounts of money on the Olympics.
A report with lots of economic stats on (pdf) US States. Being struck by one of the graphs.
“Ponzi scheme” Madoff took investors’ money but does not seem to have actually invested any of it. Victims could end up fighting each other.
A property-rights analysis of the Victorian bushfires. That the government has often been a poor manager of State Forests and National Parks has been pointed out before.
Sales of Atlas Shrugged are soaring.
Suggesting creating a market in endangered species futures.
Whose logistic supply system do you think works better: the US Air Force’s or Wal Mart’s?
About “animal spirits” in the economy. More, from an historical perspective.
In Italy, the credit crunch is helping the Mafia’s money-laundering lots.
In Ireland, lots of signs of economic downturn, including economic disaster tours.
George Mason University is pulling out of its expansion to the Persian Gulf.
Paper on the systematic failures of (pdf) economic modelling and the economics profession. A critique of Keynes’ General Theory. Death of an economist who had studied the last 10 US recessions as they were happening.
Arguing that the reason why governments directly engage in schooling is to primarily control the socialisation of (pdf) children. More. Trying to quietly strangle the US’s only federally-financed school voucher scheme.
An experienced Wall St banker on the crisis and the need to let things sort themselves out. Full video here. Noting that it is not banks that are the problem, but the securities market. On why it is difficult to fix the banking sector. Explaining the problem with who will suffer the losses of “fixing” the bond market. The commenter who says one of the important things to do is to take steps to stop it happening again seems very apposite.
About the stimulus effects of the New Deal and WWII.
A website that allows you to compare US recessions. Current economic downturn is still accelerating. Lots of graphs on the current US economy, particularly the housing market. Housing approvals have fallen to a record low in NZ.
About buying into Rio Tinto and Chinese companies overseas investing. The Beijing regime wasted truly spectacular amounts of money on the Olympics.
A report with lots of economic stats on (pdf) US States. Being struck by one of the graphs.
“Ponzi scheme” Madoff took investors’ money but does not seem to have actually invested any of it. Victims could end up fighting each other.
A property-rights analysis of the Victorian bushfires. That the government has often been a poor manager of State Forests and National Parks has been pointed out before.
Sales of Atlas Shrugged are soaring.