Recent Blog Posts
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The Times' Rorshach Geithner Story
Apr 27 20099:26 am EDT -
Sinking Animal Spirits
Apr 27 20098:45 am EDT -
Counter-cyclical Urban Policy
Apr 26 200910:00 am EDT -
Be Your Own Counterfeiter
Apr 26 20099:36 am EDT -
Being Tim Geithner
Apr 25 200912:37 pm EDT -
Notes From a Press Conference Naif
Apr 25 20099:41 am EDT -
What Good is the News?
Apr 25 20098:32 am EDT -
Stressful Enough
Apr 24 20092:29 pm EDT -
Not Regretting the Pound
Apr 24 20091:09 pm EDT -
Introducing the New Ford Squeeze
Apr 24 20099:47 am EDT
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Extra Credit, Sunday Edition
Cable’s paper: Will Cablevision buy Newsday? Maybe: "They haven’t been able to agree with their board on more than one offer to take their company private; it’s almost as if they hope that a newspaper would be dead weight sufficient to lower the price of the empire so they could finally buy it."
67,024+ Pages of the US Tax Code vs Transparency: The myriad of US tax deductions end up reducing tax collection by over 30%. I'd note that the UK income tax system is much more transparent, which I suspect has something to do with the difference between a parliamentary system and one with a separate executive and legislature.
All Streets: In the USA.
Subprime RMBS: Expected Credit Losses vs Mark to Market Losses
Flock of Black Swans: 'What the index makers are really saying is "we can't model what we said we were going to model, because we've never seen it before, in all 7 years or our index's existence."'
Improve the Real Estate Market, Make Mortgages Out of Corn
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