Very pertinent recent viewpoints of Gary Becker and Richard Posner on the issue of whether the debt of students to finance their college education is too high, as the new Congress claims (they also blogged about these issues – focusing at that time on commercial vs.
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Prescott, Card and Mankiw on income and substitution effects (applied to USA vs. EU)
Without holding either a Nobel, a John Bates Clark, a chair in Economics or even a PhD in Economics for that matter (yet!- working hard to finish my thesis soon), I will adventure to state that I am inclined to agree with the argument put forward in a recent post by Greg Mankiw (which is also Ed Prescotts’s position, but not so much David Card’s).
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Also (since I was just talking about Cowen’s advice regarding success in the blogosphere) via Marginal Revolution: some people have started thinking about the economics of blogging (so did I).
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I was mentioning in a previous post the Technology Quarterly section of the most recent Economist edition. In that same section The Economist is announcing this year’s innovation awards. Below the excerpts describing my favourites among the winners:
Computing and communications: Janus Friis and Niklas Zennström of Skype, for the development of internet file-sharing and telephony using peer-to-peer technology, which allows millions of computers to link up over the internet without central co-ordination.
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Obviously Greg Mankiw is following this debate much more closely than I am, which is very good since I can profit from it and just follow Professor Mankiw’s very recent links to it, on his popular blog.
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