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A WSJ article by Reinhart and Rogoff, on what past crises around the world might teach us for the current crisis. It really ain’t lookin’ that good… I have obviously attended Ken Rogoff’s presentation of this research at the recent ASSA in San Francisco.
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Excellent point of Bill Easterly on the use of ‘trump cards’ instead of logic, common sense and evidence; it does apply way beyond the context here.
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Super interesting Science overview on the origins of art and symbolism (individual or institution subscription to Science required)
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Great US city match-maker. When one for European cities?
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“Whatever you do, somebody in psychometrics already did it long before“, the longstanding principle in statistics. We love it!
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Don’t know what’s going on with Posner, but this really is something I can only imagine someone trained in Economics write while drunk… I am referring obviously to his suggestion of regulating charitable giving abroad; this is not Economics anylonger… Caveat lector: Becker’s post on the same theme, on the other hand, is very sound; I really doubt Becker would support Posner’s suggestion above.
