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Monthly Archives: May 2012
Betsey and Justin Go Closet Sumnerinan
High-frequency data on consumer confidence from the research company Gallup, based on surveys of 500 Americans daily, provide a good picture of the debt-ceiling debate’s impact (see chart). Confidence began falling right around May 11, when Boehner first announced he would not … Continue reading
Posted in economics
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Things We Sorta Know: Earth’s Core Edition
NYT on some recent reserach: Now it turns out that existing models of the core, for all their drama, may not be dramatic enough. Reporting recently in the journal Nature, Dario Alfè of University College London and his colleagues presented evidence … Continue reading
Posted in science
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Guess That City
via MR: The riches reflect a regional economy as resilient—and as strange—as any in the world. “We don’t make anything here,” Fuller says simply. [...] is one of the few metropolitan areas in the country that have no significant manufacturing … Continue reading
Posted in economics, entrepreneurship
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Googorola
The story goes that Tim Cook, CEO of Apple, was trying to poach new head of Motorola, Dennis Woodside, from Google to be Head of Sales at Apple. But then Larry Page asked Woodside to be the next Steve Jobs. … Continue reading
Posted in leadership
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Ugh… More on Facebook
I’m bored of talking about Facebook but I can’t stop myself. Two essays (here and here) present the apotheosis of Facebook hating (as a business model). Here’s a quote that about sums it all up. I think. Facebook is not … Continue reading
Posted in economics, entrepreneurship
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The Thrill Of The Chase
Well there is one inescapable fact about the Facebook IPO: there’s a lot of poop in this bed. Just about everyone seems in on it: From a purely technical trade execution perspective, the NASDAQ was in complete chaos The bankers … Continue reading
Posted in economics, entrepreneurship
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NFL Cities Buy Status
Of the 20 stadiums built since the Georgia Dome opened, four have been privately financed. Of the rest, the average public share is 73% of the total cost. That’s the Economist on football stadiums. The impetus is the recent plan … Continue reading
Posted in economics, politics (ugh), sports
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Links on Data
CalculatedRisk rounds up some links on how data collection can come under political fire, which is, of course, terrifying. He also tells this story: The Depression led to an effort to enhance and expand data collection on employment, and I was … Continue reading
Posted in data, economics
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The Market is Smarter Than You
Two pretty different links here: 1. Scott Sumner is really starting to get good at nailing down his view. It’s been fun watching his writing sharpen up over the last few years. Nobody who cares about macroeconomics can afford to … Continue reading
