Aid Watch blog ends; New work on development begins
-
Today, after two years and four months, we end the experiment that was the
Aid Watch blog.
We think the experiment was a success. We’ve had a great time ...
Abuse of Reasons
-
Here’s a letter to the Wall Street Journal: Gordon Crovitz reports that
Pres. Obama’s “longtime adviser David Axelrod last week blamed a too-big
government...
M2020 Davao Team Workshop
-
Photos taken at the Mindanao 2020 Team Workshop held last December 12, 2009
at the MEDCO Conference Room. Uploaded here for easy access by rest of the
How to Spend a Billion Dollars: Best Answers
-
Thanks for all 115 answers to my "how to spend a billion dollars" challenge. Two general observations:1. When you claim that X is most efficient way fo...
Redeeming Bangladesh
-
The Bangladeshi factory collapse should provoke more accountability on
worker safety from companies, governments and the public, an economist
writes.
How you are my friend, by Kermit Kefafel
-
Friendship So, okay, no man is an island. And when the bell tolls, it
tolls for all of us. But do we all have to be friends? Of course not. For
one, frien...
Redemption at the Preakness
-
I made a mess out of this year’s Kentucky Derby. The worst part is that a
bunch of friends placed bets using my picks, collectively losing a large
stack...
Nominal GDP Targeting is Left, Right?
-
The recent surge in interest in Nominal GDP Targeting, as an alternative to
money targeting or inflation targeting if the central bank is to commit to
a no...
Assorted links
-
1. Ryan Avent on liquidity leaks, Paul Krugman also. 2. Some positive
results on microcredit. 3. Some not very surprising claims about Joseph
Beuys. I am ...
Mises Daily: Wednesday, November 2, 2011
-
“Will the Latest Plan ‘Fix’ the Eurozone?” by Frank Shostak Deleveraging is
necessary to clean up the system and lay the foundations for solid economic
exp...
Keynes in the Spotlight
-
| Peter Klein | As the Niall Ferguson kerfuffle begins fading from memory
it’s worth revisiting the underlying issue: What kind of person was John
Maynard ...
The Times' Rorshach Geithner Story
-
The New York Times has provided a handy blogging point for today in the
form of a long piece on the relationships Tim Geithner formed while head of
the N...
Reminder: This is why you should listen to us.
-
Stuff happens because we say so. Rugby, front page, above the fold,
Holgate. There’s usually a three to four-year gap from the time we say
“Listen to this”...
Parrots and ugly islands
-
So apparently, this is a blue-naped parrot. The one that made it to the
money had a yellow beak and green tail feathers. Granted that the real tail
feather...
AES Watch calls for Brillantes resignation
-
We welcome the chairman’s threat to sue us so all parties will be compelled
to make public all vital information about the automated system provided by
the...
6 hours ago
Economics as Zen
The market is like a post-impressionist painting.. The close view is no more real than the far view.. That is all. -- Deirdre McCloskey
Ponzi units ... make position by selling out positions. -- Hyman Minsky
Words ought to be a little wild, for they are the assaults of thoughts on the unthinking. -- John Maynard Keynes The wish is father to the thought.. What it means is that the wish is the father of faith. -- Ludwig von Mises
Pablo Picasso Art of the Day
T. S. Eliot wrote about the bottoms of trousers worn rolled
Having long toiled within a behemoth, I have since decamped to a quiet bay, at times on a single outrigger. I contemplate how social order and the economy interact. And what it's all about.
I've come to realize, painfully, that opportunity cost shatters the lenses of artificial privilege and self-delusion -- either you can or can't, whatever be the object. Why? Because opportunity cost is the next best thing.
