… in the Colbert Report show. Wonderful, just wonderful, this time Colbert rules! You cannot miss this interview, whether you like unions or you hate them :-).
Thanks to Justin Wolfers, guest blogger on Freakonomics. → Read more
Category: economics
Quote for week 30th Dec ’07- 5th Jan ’08
Utopia is located not in New York or L.A., or in the endless wheat fields of Iowa, but somewhere around Copenhagen and the green countryside of Jutland.
Lans Bovenberg and Coen Teulings, in “Rhineland exit?”
→ Read more Mioritic achievements of bad renown. And their primary causes.
→ Read moreNo one, it turns out, does Internet auction fraud like the Romanians. […]when it comes to online auctions, particularly for big-ticket items such as cars that can yield $5,000 a scam, Romanians own the game.
Econlinks for 27-12-’07
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How to avoid recession in USA: Greg Mankiw’s answer. Gary Becker and Richard Posner advocate a similar perspective (the argument is centered, of course, on the subprime housing mess). Former Fed boss Greenspan already said that one should do absolutely nothing and wait for the bubble to break on its own, just as the people above (e.g.
Econlinks for 21-12-’07
- Larry Summers on the state of the US economy, a 19th of Dec speech (PDF, 8 pages). The gist is that he recommends fast and aggresive monetary and fiscal stimulus (the latter, mainly through tax cuts), just like (but more detailed than) Martin Feldstein, see my previous post on that.