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an excellent (wide-audience targeted) article on the upside of income inequality, by Gary Becker and Kevin Murphy. Greg Mankiw also writes about it (and singles out exactly the fragment I wanted to single out).
Category: politics
Chapeau bas, inca o data! Cred ca e chapeau^4
Desi a facut si oaresicare prostii inextricabile (pe care prefer- let me rephrase: am un strong preference – sa nu le discut) care la un moment dat m-au determinat sa ma intreb daca plusurile sale nu au fost decat variatii de la o medie dominant-mediocra, sunt fericit sa descopar ca Darius Groza e categoric pe calea cea buna (alternativ, in cel mai rau caz, “dezvoltarea” sa poate fi descrisa printr-o miscare browniana cu un drift pozitiv :-)).
→ Read more Fun with Rogoff and Wolfowitz. And hedging against a (Presidential) change, in general
Amid all the scandal around the World Bank boss, Paul Wolfowitz and his (required/demanded/expected, by most) would or would not-be resignation, here’s a very recent leaked memo from him to his staff (Ken Rogoff has been rather careless and leaked it to the press :-)).
→ Read more New Blog Contest: Best Blog Entry on Inter-Ethnical Matters in Transylvania
As announced, I restate below the second part of the my previous post. Looking forward for a big number of enthusiastic participants!
Sebi Buhai (in collaboration with Dan, Lolka and Tihi, my colleagues from PhoenixTransylvania, who do not yet know about this, but I am sure will have nothing against it 🙂 ) is launching a new (smaller scale) blog contest.
→ Read more This blog is more popular than I thought. And a new blog contest!
Popularity is not at all something I am after (though I could start considering my running for the Romanian Presidency in the future- after all, so far, all you need for that is to be very popular:-)), as I immediately made clear when I was nominated to this “Clujblogfest”, a blog “competition” in my native city, Cluj-Napoca, Romania.
→ Read more