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Finding the fun in good math; Shredding bad math and squashing the crackpots who espouse it.
Mark Chu-Carroll (aka MarkCC) is a PhD Computer Scientist, who works for Google as a Software Engineer. My professional interests center on programming languages and tools, and how to improve the languages and tools that are used for building complex software systems.
Category: Bad Economics
Remember the post I made a couple of weeks ago, flaming the wall-street idiots for a bad graph? They were comparing the value of financial firms before and after the current mess. But they way that they drew it...
Posted by Mark C. Chu-Carroll at 10:46 AM • 43 Comments •
Category: Bad Economics
It's economics time again. I hate economics. I find it hopelessly dull. But apparently my style of explaining it is really helpful to people, so they keep sending me questions; and as usual, I do my best to try...
Posted by Mark C. Chu-Carroll at 5:53 PM • 22 Comments •
Category: Bad Economics
A lot of people, reading the reporting on the current financial disaster, have been writing me to ask what people mean when they talk about incentives. The traders, the bankers, the fund managers, and all of the other folks...
Posted by Mark C. Chu-Carroll at 1:36 PM • 13 Comments •
Category: Bad Economics
Watching news reports about President Obama's proposed tax changes, I've seen a number of variations on a very annoying theme, which involves a very stupid math error. A typical example is this story on ABC news, which contains a...
Posted by Mark C. Chu-Carroll at 10:42 AM • 61 Comments •
Category: Bad Economics
I wasn't going to write about this, because I really don't have much to add. But people keep mailing it to me, so in order to shut you all up, I'll chip in. As everyone knows by now, we're...
Posted by Mark C. Chu-Carroll at 5:10 PM • 46 Comments •
Category: Bad Economics
I'm behind the curve a bit here, but I've seen and heard a bunch of people making really sleazy arguments about the current financial stimulus package working its way through congress, and those arguments are a perfect example of...
Posted by Mark C. Chu-Carroll at 11:45 AM • 19 Comments •
Category: Bad Economics
And now for a short gripe from the other side of the political spectrum. Normally, I like Media Matters. I personally think that the whole "left-wing media" thing is a crock. The media has become so sensitive to the...
Posted by Mark C. Chu-Carroll at 1:54 PM • 10 Comments •
Category: Bad Economics
Naturally, since this friday was the first time that the SB server has really been down since I start blogging (planned downtime, as it happens, for a major system upgrade), there was spectacularly bad math in the local news...
Posted by Mark C. Chu-Carroll at 8:48 PM • 85 Comments •
Category: Bad Economics
So, the financial questions keep coming. I'm avoiding a lot of them, because (A) they bore me, and (B) I'm really not the right person to ask. I try to stay out of this stuff unless I have some...
Posted by Mark C. Chu-Carroll at 3:37 PM • 28 Comments •
Category: Bad Economics
This is just a short gripe at the NYT, and a feature that they included in today's Op-Ed section. It purports to compare how the economy does under democratic versus republican administrations. They claim that they're computing the returns...
Posted by Mark C. Chu-Carroll at 4:16 PM • 35 Comments •
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