Principles of Economics (translated)
Amateur Economist
Why Is Autism Rate So High For Somalis In Minn.?
Very interesting. Lots of autism stories in the news very recently. Michael Savage most notably. "Autism spectrum" is a phrase I keep hearing as well. Also see this timely recent column on autism from. […]Painter given £30 fine for smoking 'at work'...in his own van
Scary, outrageous. (ht: Club for Growth)Painter given £30 fine for smoking 'at work'...in his own van - Mail Online: "For painter and decorator Gordon Williams, his van is simply a means of getting f. […]The Seiko Automatic Watch 6R15 SARB031
I saw this watch for the first a few days ago at the TimeZone Seiko forum. I absolutely love the retro look of it (about $400). And I agree w/ Ratskunk, it would be perfect if it was a manual wind. ;-. […]
John Lott's Website
Appearing on Tom Gresham's Gun Talk radio show tomorrow at 2 PM EDT
I will be on Tom Gresham's Gun Talk radio show at 2 PM.Obama lies
Here is another whopper. On Obama's recent trip he was asked about his promise during the South Carolina debate to meet with the Iranian government without preconditions. Obama claimed that there was. […]Why Europe thinks that they like Obama
Over at the AtlanticBlog, William Sjostrom has a useful post trying to explain why Obama is so popular in Europe. The bottom line is that what makes him popular in Europe should hopefully make him les. […]
Lessig Blog
Netroots Nation Keynote
A Declaration FOR Independence -- draft 1
Here's a text-based version of the argument for the Change Congress movement. First version, many flaws, feedback welcome.Dems unite on Network Neutrality
Matt Stoller at OpenLeft has been collecting positions from Democratic candidates about network neutrality. As he reports today, every single Democratic challenger supports open access. Check out the. […]
Seth's Blog
Weekend reading and viewing
Steve sends us this video, way too true. And Your Business Bookyard, now as a free download to entice you to buy the book.I need to build a house, what kind of hammer should I buy?
I want to write a novel. What word processor do you recommend? Yesterday on the radio, Jimmy Wales was talking about the Wikipedia movement. A caller who identified himself as a strategist at Amnesty. […]Bait and switch
I feel bad for the airline industry. They are caught in a never-ending price war due to online websites and their own commodification. Pick the cheapest flight to get from here to there... The natural. […]
Marginal Revolution
The economics of newspapers
The soon-to-be-working for the Center for American Progress Matt Yglesias writes: The New York Times is known for its hard news coverage, but he observes that from a business perspective it's primaril. […]Play *Jeopardy* at MarginalRevolution
...shorting requires a [margin] deposit at zero interest rate, that is the key here... That's my email answer to the question I receive most frequently these days. Who can state the question?The best two sentences I read this morning
In this paper, we present a simple model of housing bubbles that predicts that places with more elastic housing supply have fewer and shorter bubbles, with smaller price increases. However, the welfar. […]
Knowledge Problem
Green Tech Media
If you like what we discuss here at KP and you have not been reading Green Tech Media, you should be. There's lots of good stuff there on renewables, plug-in hybrid vehicles, and other energy technolo. […]Tom Friedman from Aspen on energy and his new book
Lynne Kiesling Earlier this month Tom Friedman gave a talk at the Aspen Ideas Festival about his new book, Hot, Flat, and Crowded. I recommend all three of the video outtakes to all of you, regardless. […]Electricity markets and price signals: Customer technology in Britain, and a misleading WSJ article about Texas
Lynne Kiesling Two recent news articles highlight the relevance of electricity price signals and intelligent end-use technology during a period of increasing fuel prices, and the juxtaposition of the. […]
Freakonomics
This Year's Business Model: Restaurants Without Food
You may have read earlier stories on this blog about a pay-what-you-wish bakery in Canada, a pay-what-you-wish coffee shop in Washington state, and pay-what-you-wish granola at a Miami supermarket. He. […]Why Do Voters Reward Poor Disaster Preparedness?
Politicians reap higher electoral benefits from doling out disaster relief money than they do from spending money beforehand on disaster prevention. According to a new paper by Andrew Healy, an econom. […]More on "Creative Capitalism"
I blogged last month about a Bill Gates speech on "creative capitalism." Motivated by the Bill Gates speech, Michael Kinsley and Conor Clarke have undertaken an unusual web experiment in which they in. […]
Econbrowser
Oil prices and economic fundamentals
Oil was selling for $123 a barrel on May 7, and that's where it closed this week. Sounds like a calm and rational market, except for the fact that just last week it was going for $145. Spot price of W. […]Implications of adjustment to riskier dollar assets in a portfolio balance framework, illustrated in three steps
Consider a hypothetical world economy with assets denominated in dollars and euros. Define the exchange risk premium on dollar denominated assets as: rp = iUS - i* - E(ds) where E(.) is the expectatio. […]Why a lot of people think the CPI is not representative of their experience ... and are right. At least partly.
Government statistics, particularly the CPI, have been in the news (e.g., [0]). Following up on my previous posts [1], [2], I want to take a stab at the question posed in the title. This post focuses. […]
In the coming weeks and months, I am going to build my HO-scale train set. The theme will be inner-city or downtown. No inner-city would be complete without the police. One of the first things I have purchased for this project is a fleet (4) Dodge Charger police cars. I am going to put strobe... more »
Fan Mail From LeeLee writes: I’m attending Kaplan University for my MBA. I’ve read that you got your BS degree from there. I want to know how good this school is. Is it hard to graduate from here? Is it very well-known by most employers? If I got my MBA degree from here, do you think I can get a good... more »
Houston Museum of Natural ScienceI paid a visit to the Houston Museum of Natural Science today. The Museum’s exhibit halls are host to a rich and diverse array of natural treasures and technological marvels. The world’s finest collection of display-quality gems and minerals and an awesome array of dinosaur skeletons are... more »
Bird in the Tree LBJ State ParkI drove by LBJ State Park last weekend on the way to Fredericksburg. Nothing at the park caught my eye, but I got a couple of shots none the less. Read More →
Breaking Bread With Birds My First Attempt At MiniaturesThis is my first attempt at photographing miniatures. This is a 1/72 scale of the USS Nimitz aircraft carrier at the National Museum of the Pacific War. It’s obvious I have some work to do in order to sharpen my skills in this interesting craft. The entire gallery is here. Read More →
National Museum of the Pacific WarI am beginning to dislike museums because it’s so difficult to get good shots in the dim lighting. Another futile effort was made yesterday at the National Museum of the Pacific War in Fredricksburg, Texas. [Wikipedia Article]. The shots I did get are pretty good. There were many that are... more »
Search Groups on LinkedInIt was announced a few days ago that beginning today people would be able to search for groups on LinkedIn. This has been one of the most important features that has been lacking (until today). Up until now, a person could suggest a group (school alumni, employer groups, etc.) and the people at LinkedIn... more »
Starbucks DoubleShot a Scarce CommodityWhat market conditions would dictate that a person has to go to five (5) different retail outlets in order to find a Starbucks Doubleshot? Are deliveries not being made on time? Have a ton of people recently realized that crack in a can tastes pretty good? Perhaps ~$2.50 a can is a small price to... more »
Bob Bullock Texas State History MuseumWe went to the Bob Bullock Texas State History Museum today. The museum is in downtown Austin, Texas and tells the “Story of Texas” with three floors of interactive exhibits, the special effects show, The Star of Destiny, in the Texas Spirit Theater, and Austin’s only IMAX Theatre, featuring... more »
7 Months - 1GB of E-MailLate in November 2007, I decided to switch the domain where I get e-mail over to Google Apps. For those not aware, Google Apps gives you the ability to use GMail, but with your own domain (among other cool features). Today I hit the 1-gig mark in my e-mail box. It took seven months and a week. ... more »
Approaching StormFor the second time this week, brief, violent storms rolled through Houston. Clouds were awesome. Pictures of the scene are below. Read More →
Idiot of the Day: Maxine WatersMaxine Waters (D-CA) is a moron. Even her colleagues are laughing at her if you listen closely. Socialism for the win! Waters was named in 2005 and 2006 as one of the “most corrupt” members of congress by Citizens for Responsibility and Ethics in Washington. They said, “Her ethics... more »
Cloud Appreciation SocietyOne of my photos has turned up on the Cloud Appreciation Society. The Cloud Appreciation Society is a society founded by Gavin Pretor-Pinney from the United Kingdom in January 2005. The society aims to foster understanding and appreciation of clouds. Since its inception, the society has over 10,000... more »
Photos After The StormA nice little storm blew through Houston tonight. I was fortunate enough to snap some really good shots after the fact. The whole gallery of tonight’s efforts can be found here. Read More →
Photos Around HoustonJust some random shots I took. Nothing that would put a professional out of work. Reliant Stadium is a multiple-use stadium in Houston, Texas. The stadium is the home of the National Football League’s Houston Texans, the Houston Livestock Show and Rodeo, the Texas Bowl, host to many international... more »
BlindsAdded to the Random Objectivity set, here are some pictures I took of some mini-blinds. I threw in some photos of clouds as a bonus. Shooting photos of the blue sky is one of the best ways to tell if you have a dirty CCD in your camera. A dirty CCD will show up in photos as a smudge or spot. ... more »
Laughing BabiesSome of the funniest stuff on YouTube is the laughing baby videos. Here are two of the best ones I’ve seen! Read More →
Flowers and CloudsMore flowers and random objects. As you can see on some, there is a haze that adds a soft light to the picture. This is untouched by me. It is the result of the Houston humidity, which is notorious! Instead of just deleting the pics that have this “effect”, I added them. This was the... more »
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The Undercover Economist by Tim Harford
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"The herd instinct among forecasters makes sheep look like independent thinkers."
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