Thursday, September 10, 2009

Sympathy for the Devil

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To me, there are three reasons to get cable television: HBO, ESPN and C-Span. One of the best things about C-Span is question time, during w...
4 comments:
Wednesday, September 09, 2009

It won't be consumption this time

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Jim Puzzanghera and Jerry Hirsch wrote a story in this morning's LA Times about the rapid speed at which consumers are paying off their ...
3 comments:
Tuesday, September 08, 2009

Has greater competition for colleges increased learning?

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John Bound, Brad Hershbein and Bridget Long are not so sure : The increasingly competitive environment in higher education has increased the...
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Lisa Schweitzer on Alex Marshall

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She writes: Amongst the pop culture urbanists like Richard Florida and Jane Holtz-Kay, there are some that do good, accessible, interesting ...
1 comment:
Monday, September 07, 2009

The ultimate moral hazard?

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[Investment] bankers plan to buy “life settlements,” life insurance policies that ill and elderly people sell for cash — $400,000 for a $1 m...
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Thursday, September 03, 2009

"It's really distressing...these things need to be addressed"

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Ninety percent of people in La Crosse, Wisconsin have advance directives. Alec MacGillis writes in the Washington Post :. The town's b...
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I sometimes scratch my head at how accountants think

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I went to listen to Stan Ross give a talk at lunch--as always, it was very good. Among other things, Stan taught me how banks are required ...
1 comment:

David Wessel knows taxes

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" He writes: " Hard numbers and recent history suggest two facts. One, the deficit is too wide to be closed exclusively by raising...
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Wednesday, September 02, 2009

Fun with real estate leverage and diversification

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A few years ago, I had a REIT CEO speak to one of my classes. He is a very smart guy, with an MIT degree. He opened his talk with the foll...
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Tuesday, September 01, 2009

Diane Lim Rogers is very smart

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Around three weeks ago, she expressed well a point that I have not expressed so well : That’s why the two concerns Bruce has about the Bush ...
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Talking about baseball and watching game, with Bill James - Joe Posnanski - SI.com

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Bill James does not have, er, sophisticated econometric skills. But he thinks about and writes about data as well as anyone in existence. ...
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Diane Swonk has a nice, short, colloquial history of the Fed's management of the crisis.

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It begins : * August 1, 2007: BNP Paribas, one of Europe's largest banks released better-than-expected earnings... * August 9, ...
Monday, August 31, 2009

The dilemma of classical music

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Thanks to the urging of my daughters, I went to see Modest Mouse in Anaheim on Saturday. They were very good, and I had a lot of fun. Two ...
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How much revenue would scaling back the Mortgage Interest Deduction raise?

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Less than static analysis would suggest. Even in the absence of the mortgage interest deduction, homeowners get a tax preference because im...
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From Ken Harney: Ideas to cut the federal deficit could cost homeowners billions -- latimes.com

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Ideas to cut the federal deficit could cost homeowners billions -- latimes.com Posted using ShareThis This makes sense to me. Base broadeni...
Sunday, August 30, 2009

Housing inside the Beltway seems to be different

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IAS 360 puts out data on house prices at the county level for 360 counties around the country. I am in the process of finding out more abou...
8 comments:
Thursday, August 27, 2009

Should we be excited about the July new home sales number?

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The short answer is no. The July number was the worst July number since 1982; it just wasn't as bad as the June number, which wasn't...
11 comments:
Wednesday, August 26, 2009

To see the whole speech

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Go to http://www.americanrhetoric.com/speeches/tedkennedytruth&tolerance.htm
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Ted Kennedy at Liberty Baptist College

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1 comment:

Why Ben Bernanke was (and should have been) reappointed

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The Ted Spread has returned to normal (actually, a little less than normal). The A2P2 spread is getting there.
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