Archive for the ‘Economics’ Category:

Presimetrics Review

{ Posted on Oct 22 2011 by Ken Houghton }
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Categories : All, Angry Bear, Book Reviews, Economics, Presimetrics, Research, Uncategorized
Noted for the record: author Piaw Na reviews Mike Kimel's Presimetrics at Piaw's Blog:This is a great book to read if you've got a statistical bent and are willing to follow the data rather than your pre-conceived notions....Many people like ...Read More »

Economists:Entrepreneurs::Blind Men:Interior Decorators

{ Posted on Oct 16 2011 by Ken Houghton }
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Categories : All, Angry Bear, Economics, Entrepreneurship, microeconomic theory, rational expectations, Uncategorized
As part of my continuing series of Analogies that Should Be on the SAT, this is what Famous Entrepreneurs do (h/t Brad DeLong):In the IBM PC era, Steve drove innovation forward with the Macintosh. This, like the Apple II, was ...Read More »

Weekend Reflection Points

{ Posted on Sep 30 2011 by Ken Houghton }
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Categories : All, alternative energy investment, Angry Bear, Banks and Financial Institutions, capital adequacy, Economics, employer-provided health insurance, environment, risk management, TARP, Uncategorized
The lead article in the current AER is available here (gated, apparently, though the link isn't working; h/t Tom Bozzo [on FB] and Brad DeLong; I was using the paper copy). The most interesting part so far: the authors only ...Read More »

The Spectacle of Financial Difficulty

{ Posted on Sep 29 2011 by Sarah Gilbert }
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Categories : All, debt, Economics, Get Rich Slowly, Psychology, SNAP, Uncategorized
This post is from new staff writer Sarah Gilbert. Both my husband and I have spent some periods of unemployment over the past decade, and we have become intimately familiar with financial humiliation. Having had a red tag left on your ...Read More »

Netflix Toasts Itself

{ Posted on Sep 19 2011 by Ken Houghton }
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Categories : All, Angry Bear, Business, Economics, movies, Uncategorized
I was going to write something about Reed Hastings's inane email, but Wired covered the main point, even if they did bury the lede:However, it’s impossible to see how the split itself benefits customers. The price and plan changes that ...Read More »

Volunteering

{ Posted on Sep 12 2011 by Ken Houghton }
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Categories : All, Angry Bear, Economics, labor, Uncategorized
by Mike KimelCan someone explain to me why people volunteer at for-profit hospitals? I can understand volunteering at a not-for-profit hospital, but how is volunteering at a for-profit hospital different from, say, volunteering at Exxon-Mobil or Wal-Mart? Read More »

Why Austerity Hurts: The Government’s Budget is Not Like Yours

{ Posted on Aug 25 2011 by Sarah Gilbert }
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Categories : All, Economics, Frugality, Get Rich Slowly, News, Uncategorized
This post is from new staff writer Sarah Gilbert. GRS readers liked Gilbert’s recent post on economics and current events, so today she’s offering more of the same. Unlike “entitlements,” the word “austerity” has come to mean something akin to “godliness” ...Read More »

Unemployment, Unemployment Benefits and Severance Packages: A Modest Thought Experiment

{ Posted on Aug 17 2011 by Ken Houghton }
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Categories : All, Angry Bear, Economics, employment, labor, Uncategorized, unemployment benefits
by Mike Kimel Most economists believe that unemployment benefits increase the unemployment rate. The idea is that even having a relatively small income coming in (from unemployment) can encourage people to stay jobless just a little while longer. And ...Read More »

If You Believe the Market Reacts to Information

{ Posted on Aug 11 2011 by Ken Houghton }
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Categories : All, Angry Bear, debt, Economics, markets, total information awareness, Uncategorized, unemployment
The bad news of the day is that about $5B ($5,000,000,000) more than previously believed went to buy goods made in China, Japan, non-major South and Central American countries, and other places outside the U.S. Per the Vampire Squid (tm ...Read More »

What S&P Debt Ratings Mean for the U.S. (and Its Citizen Shareholders)

{ Posted on Aug 10 2011 by Sarah Gilbert }
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Categories : All, Economics, Get Rich Slowly, News, Uncategorized
This post is from new staff writer Sarah Gilbert. We’d planned for her to make her debut later, but Gilbert offered to write about the current economic situation, so she’s stepping up the plate a little early. This is a ...Read More »
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