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Monthly Archives: November 2011
Review: New York Tech Meetup
I went to another NYTM last night and, again, really enjoyed it. Every time I go, I meet a few really interesting people (batting 1.000 so far) and have some stimulating conversations about the presentations. This month we were treated … Continue reading
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Uplifting Quote Of The Day
AMR was the last of the major legacy airline companies in the United States to file for Chapter 11. Analysts said that its reluctance to do so earlier had left it less nimble than many of its competitors. More here. … Continue reading
Posted in economics
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Selected Questions From Tyler Cowen’s 2005 Macro Final
Note: I’m working through Tyler’s 2005 Macro final. 3. How will the aging baby boom generation affect the following and why? Savings rates, interest rates (real, nominal, short and long term), Fed policy, inflation, and investment. We’re going to become (ARE!) a savings-driven … Continue reading
Selected Questions From Tyler Cowen’s 2005 Macro Final
Note: I’m working through Tyler’s 2005 Macro final. You’d be out of your mind to take a formal economics class in this blogosphere. 2. What is the difference between covered and uncovered interest parity? Which are assumed by the traditional Dornbusch model … Continue reading
Steve Jobs in Startup Mode
When he started NeXt. Vido here. Really interesting to see the ‘magic happen’. Focus, drive and frustration. You see it all.
Posted in Uncategorized
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Okaaaay, But
This was an interesting take: The WSJ has a very interesting table of the unemployment and wage distributions for various majors. There’s lots to talk about, particularly the STEM/humanities/social/vocational divide, but one thing that struck me was that the highest and … Continue reading
Posted in economics
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But They Teach, Too
I’m not here to comment on Krugman’s main point in this post, which is that there isn’t any substance to the idea that high income earners contribute something called “job creation” to the economy. But I do take issue with … Continue reading
Great Quotes
Robin Hanson: Like democracy fans who insist the only acceptable solution to democracy’s failings is more democracy, for many school fans the only acceptable solution to school failings is more school. A variant on this is Arnold Kling‘s: The other … Continue reading
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Irony
I briefly overheard an impassioned case for increasing the minimum wage on some morning news program today. The reason? “Rent is too high to pay on $7.25 an hour” Indeed, rent is high in this city. I can’t imagine earning … Continue reading
Selected Questions From Tyler Cowen’s 2005 Macro Final
Note: I’m blogging through Tyler’s 2005 Macro final. I’m not really imagining that these answers are ‘right’ in the exam sense, but rather just an excuse to think about 2005 questions in 2011. 1. The pessimists commonly argue that the … Continue reading
