economics Archives - Page 37 of 63 - The Sebastian Buhai Blog

Salivating over economics in public

Definitely the morning pill today. Couldn’t have phrased this better. From a self-defined “Ec10 slut” and necessarily via Greg Mankiw :-). The conclusion of this short article is useful to keep in mind as future reference, for everybody– both outsiders and insiders to economics:

When we use the tools that economics give us, we need to be sure that the complexity of the models we use match the complexity of the real world situations.

→ Read more

Econlinks for 13-12-’07

An article by James Surowiecki on the subprime crisis and the “band-aid” Paulson (partial), J.P. Morgan-like, solution. This while Greenspan thinks the bubble should first break on its own (and certainly differs here from Martin Feldstein, who advocates for a fast, two-act intervention, see my previous post on that)

Here’s a very interesting post of Andrew Gelman (based on this co-authored article of his) on whether the Democrats should move, as an electoral strategy, more to the left on the economic policy axis.

→ Read more

Econlinks for 06-12-’07

very sad for this country’s people, but otherwise a very concrete first level econ lesson for everybody. One can only hope that any other government passes ‘introductory economics’ before experimenting with policies (samples of which, for the same country, were featuring on my blog a while ago as well)…

female leaders and what comes and what doesn’t, with that (with further links to very interesting recent PDF articles within the text)

from the ‘exotic entreneurship’ stories cycle, another example mentioned in Tyler Cowen’s very well written book, Discover Your Inner Economist (see also my previous example from there).

→ Read more

Econlinks for 27-11-’07

Becker and respectively Posner, on tax evasion. Why is tax compliance higher than one would expect (with a reservation here: it also follows from Posner’s argument than in fact tax evasion isn’t necessarily lower than rationally expected…) and is that mainly due to the rational fear of punishment or to the taxpayers’ feeling of moral duty/ fairness etc?

→ Read more

Best phrase I’ve read today

“no one cares about inequality. People care about injustice, unfairness, poverty, sexual predators, family values, gay marriage, terrorism, and many other problems of everyday life. People don’t care about Gini distributions.”

→ Read more

S	M	T	W	T	F	S
	1	2	3	4	5	6
7	8	9	10	11	12	13
14	15	16	17	18	19	20
21	22	23	24	25	26	27
28	29	30