Wednesday, May 28, 2008

David Leonardt buys a House

›
He explains that the rent-to-price ratio is now sufficiently high in Washington is sufficiently high to make owning an acceptable financial ...
2 comments:
Tuesday, May 27, 2008

Lifted from Comments: My Friend Leslie Appleton-Young writes:

›
In 1996 E. Digby Baltzell published a book that addresses some of the differences between the two cities going way back -- Puritan Boston an...
2 comments:
Monday, May 26, 2008

Differences in Urban Development: A Mystery

›
I spent the past weekend in two of my favorite cities: Philadelphia, where I taught Wharton Executive MBAs, and Boston, where I attended a w...
4 comments:
Friday, May 23, 2008

My new Governor may be OK

›
From Thinkprogress : Speaking in San Francisco yesterday, Gov. Arnold Schwarzenegger (R) said he hopes that the state Supreme Court’s recent...
1 comment:
Tuesday, May 20, 2008

One reason I'm so looking forward to USC

›
Ignore the lyrics about Chicago and New York though. In fact, Daughter H is going to college in Chicago; Daughter M in NYC. The family wil...
3 comments:

Get Well, Senator Kennedy

›
His politics are to the left of mine, but I still think him to be among the greatest Senators of my lifetime. It is too soon to lose him.
1 comment:

Home News

›
As of August 16, I will have a new job .
1 comment:
Monday, May 19, 2008

Urban Densities Around the World

›
Paul Krugman this morning was contrasting Atlanta and Berlin for Urban Density. That ain't nothing: check out Atlanta vs. Mumbai. The...
1 comment:

A Former Student of mine writes from Sichuan

›
From Yanmei Xie INTO THE MOUNTAINS It seemed luck was compensating me after a sleepless night stranded in Shanghai. The cab driver who picke...
Sunday, May 18, 2008

Four quick takeaways from a subprime conference in Florida

›
Your's truly just returned from a conference he organized (with help from Susan Wachter, Marsha Courchane, Carol Reynolds, Bobbi Bernard...
4 comments:
Thursday, May 15, 2008

Freddie Mac's losses--worse than they look

›
Charles Duhigg has a good explanation in today's New York Times . The really scary part is that the company's capital has been redu...
2 comments:
Wednesday, May 14, 2008

My kid's music teacher is clever and good.

›
1 comment:

What makes liberal economists...liberal?

›
I like economics a lot. Every time a new issue of The Quarterly Journal of Economics (my favorite journal right now--AER is a strong seco...
4 comments:
Saturday, May 10, 2008

Did Old-School Management Work?

›
George Szell is here conducting Fritz Reiner's Chicago Symphony. Neither Szell nor Reiner was a nice guy--they would use humiliation an...
1 comment:

A Wonderful Piece that isn't quite a Warhorse (yet)

›
I sat down at the piano for the first time in a long time today, and I bulled my way through the first movement of the Schubert B-flat Sonat...
2 comments:

Do Ratios make sense for Underwriting?

›
A former colleague of mine (who is not on the record) at Freddie Mac says that using ratios to do mortgage underwriting makes little sense;...
2 comments:

The Frank Dodd FHA Proposal is Probably Good Policy

›
Because house prices have fallen (nearly) everywhere, it is hard to make a case that underwater mortgages are now principally the fault of i...
2 comments:
Thursday, May 08, 2008

Richard Arnott finds a conundrum for making housing policy in developing countries

›
The abstract for his paper for the Commission on Growth : All countries have a formal economy and an informal economy. But, on average, in d...
2 comments:
Tuesday, May 06, 2008

Best Line on Russian History I heard today

›
My daughter Hannah on Lenin: "His greatest success was dieing while he was still ahead." I think they're going to like her at ...
2 comments:

Bad News from Fannie Mae today

›
The GSE lost another $2.2 billion. It is not clear to me whether this includes new accounting treatment for bad loans--if it is no long con...
3 comments: