Sunday, February 24, 2008

One of my favorites lines from Bugs Bunny

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is, "Daddy, you're back from Peru." My kids will actually be able to say this to me on Wednesday night--I am going down to Li...
1 comment:
Saturday, February 23, 2008

Alan Blinder and Mark Thoma want to bring back the HOLC

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Mark's post is here . I am myself a fan of the HOLC, and have said so in articles I wrote with Susan Wachter for Journal of Economic Per...
4 comments:

10 percent of Homeowners Upside Down???!!!

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That was the headline in yesterday's NYT, based on calculations from economy.com. Because the article doesn't describe how the calc...
3 comments:
Wednesday, February 20, 2008

Testing Micky's Kaus' Election Hypothesis

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I don't care much for Kaus' stuff, but he puts forward an interesting hypothesis : that every time Hillary Clinton does well in a pr...
2 comments:
Monday, February 18, 2008

Why an Interest Rate Freeze won't solve the Subprime Problem

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I. Freezing interest rates on Adjustable Rate Mortgages would have little impact on the current mortgage crisis. As I noted in a p...
3 comments:
Sunday, February 17, 2008

What is wrong with this picture?

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I read the following in today's Slate about Clinton and Obama sending representatives to the AAAS meeting this year: About 400 science ...
3 comments:
Saturday, February 16, 2008

Airline Mergers and Urban Dynamics

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Apparently there is a very good chance that Delta and Northwest will merge . Delta's three domestic hubs are in Atlanta, Cincinnati and...
1 comment:
Thursday, February 14, 2008

Sometimes Harvard Really is Great

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I really like this policy that was just approved by the Faculty of Arts and Sciences there.
2 comments:

David Wessel has a Nice Piece on House Price Indexes in today's WSJ

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It is here . Let me repeat something I wrote here last September: The two indices have three principal differences: OFHEO has only houses f...
2 comments:
Wednesday, February 13, 2008

GREEN CHIMNEYS PT. 1

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I like the name of the tune.
3 comments:

Postal Experiments

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One of my students, Jocelyn Leitzinger, forwarded this to me. It is fun.
1 comment:

Some hope on housing from Pasadena

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I was running some rent to price ratio stuff there. I basically get that rent near Cal Tach and Downtown Pasadena is about $18 per square f...
3 comments:

Remarkable

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I am teaching in Hyderabad for a few weeks in March. Fortunately, my kids' spring break coincides with some of the time I will be there...
2 comments:
Monday, February 11, 2008

Favorite Variations

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Bach, Goldberg Variations Beethoven, Diabelli Variations Brahms, Handel Variations Schumann, Symphonic Etudes Rzewski, The People United wil...
1 comment:

It was cold in Washington today

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So it is good to think of spring in Paris.
2 comments:
Saturday, February 09, 2008

Is Everything we "Know" about Subprime Wrong?

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Yesterday I saw a great talk by Paul Willen of the Boston Fed. An earlier version of the paper he gave is here . I don't think I am car...
7 comments:
Friday, February 08, 2008

Couldn't help but notice

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It is almost certain that a sitting Senator will be elected President. Hasn't happened since JFK.
Thursday, February 07, 2008

John Dickerson in Slate has a Great Line

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On Romney: "He was a PowerPoint candidate who was all points and no power." A thought all business school professors should take ...
1 comment:
Wednesday, February 06, 2008

How houses are like movies

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Brad Delong has a nice piece on selectivity bias and the quality of movies . His basic point is that when people say "they don't m...
Tuesday, February 05, 2008

Ahem

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On December 11, I wrote this . I would have mentioned it had I gotten it wrong, too.