I was away, in Amsterdam, on the occasion of the 80 years anniversary of the Aarhus University (AU); hence I’ve only read now the AU rector’s speech . It turns out to be quite informative and most of it has got a lot of sense, while remaining at the same time concise, rare species in terms of public speeches nowadays :-).
→ Read more For a Bailout Press 1
This is too good not to be mentioned: Alan Neff in the Washington Post on the automated bailout hotline.
Via Greg Mankiw, who is—obviously— pretty pissed off with the recent massive bailout proposal. → Read more
The phrase of the day
→ Read moreThanks goodness we bailed out Bear Stearns back in March if we hadn’t we might have lost Fannie Mae and Freddie Mac, Lehman Brothers, Merrill Lynch and who knows what else.
The next thing is to inquire whether the saints are listening…
The empirical conclusion from this analysis is important. A little prayer does no good and may make things worse. Much prayer helps a lot.
If Jim Heckman says that, it’s gotta be true. → Read more
The Phelps Games
And he did it: 8 Golds, with 7 World Records. Ave Michael, morituri te salutant! → Read more