Sunday, December 30, 2007

Links to Cousins!

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My counsin Jon's site: http://www20.kellogg.northwestern.edu/facdir/facpage.asp?sid=1299 My cousin Scott's site: http://www.google.c...
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Saturday, December 29, 2007

Where is the J-Curve?

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Paul Krugman notes that Exports have off-set declining housing investment: http://krugman.blogs.nytimes.com/2007/12/29/why-we-havent-had-a-r...
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An Obvious Point, but....

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The large numbers of defaults in Inland California, Nevada, Arizona and Florida will cause pain for homeowners and endanger macroeconomic st...
Friday, December 28, 2007

PE Ratios for Housing

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Mark Thoma passes along comments from Paul Krugman and Brad Delong on the PE ratio for housing: http://economistsview.typepad.com/economists...

The Breadth of House Price Declines

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The Case-Shiller Index is declining in most cities (see http://blogs.wsj.com/economics/2007/12/26/home-prices-few-metro-areas-spared/). So ...
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Some Great Scholarship at GW

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The Eleanor Roosevelt Papers project is at GW. Information about it is here: http://www.gwu.edu/~erpapers/publications/ This is something f...

GW Studies itself for Reaccreditation

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Our report is here: http://www.gwu.edu/~gwaffirm/gwselfstudy/index.cfm I was involved with the Chapter on the University's finances.
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Wednesday, December 26, 2007

Ports and Social Costs

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Yesterday the LA Times had a story on the "greening" of the two big ports in LA: http://www.latimes.com/news/local/la-me-port25dec...
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Nouriel Roubini forecasts a hard landing...soon

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It is here: http://www.rgemonitor.com/blog/roubini/234115 To some extent, this sounds like a liquidity trap story: regardless of interest ra...
Sunday, December 23, 2007

When technology fails

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My iPod is frozen, I can't get it unstuck, and I have a coast-to-coast flight tomorrow. Sigh.

Slate needs a geography lesson

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Slate is running a slideshow called Christmas in non-Western countries. It is here--http://todayspictures.slate.com/20071221/--and it is ve...
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Ten Favorite Classical Recordings (as of today)

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Something to think about while procrastinating: Beethoven, Symphonies 5 and 7, Kleiber, VPO, DGG Bach, Goldberg Variations, Schiff, Decca Sh...
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Speaking of Transportation Costs

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WMATA is raising peak travel-time fares on Metro by 30 to 60 cents. From the transit agency's perspective, this makes sense--demand is ...
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Different Market Baskets for Different Income Levels

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I keep reading stories about food pantries being under particular pressure this year. The stories would be more helpful if they could expla...
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Saturday, December 22, 2007

An American Language

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A film by Morgan Green

In Praise of Green Bay

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Having dissed the city earlier today, I thought I should say a word or two in its favor. But before I do so, let me note that I am a Wiscon...
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Calculated Risk Points to an interview with BOA Chief Kenneth Lewis

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It is here: http://calculatedrisk.blogspot.com/2007/12/bofa-attitudes-changing-towards-default.html The gist is that prime borrowers are mor...
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Bias and Media venue

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Rush Limbaugh symbolizes Talk Radio; DailyKos symbolizes the Blogosphere. One could tell a variety of stories (and many have) about why thi...
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Cities as a Financial Strategy

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I rarely use Internet Explorer (I'm a Foxfire guy), and so I have never changed the home page from the default MSN page. When I acciden...
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Friday, December 21, 2007

Foggy Bottom has long-term Mortgages--why not Korea?

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Mortgages in South Korea generally have short terms--three to five years at most. As such, they resemble the bullet mortgage that predomina...
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