Category: Genetics
Razib and I have a discussion up at Bloggingheads.tv about genetics and behavior as well as a brief discussion of neuroeconomics. Check it out below the fold:...
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Posted by NotoriousLTP at 1:06 PM • 3 Comments •
Category: Economics
I caught this interesting sentence over at Marginal Revolution: as consumption approaches satiation, workers reduce their hours of work to prevent themselves from actually reaching satiation. More technically, as workers approach satiation, their labor supply curves start to "bend backwards."...
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Posted by NotoriousLTP at 10:48 AM • 0 Comments •
Category: Economics
Economic historian, Gregory Clark, details why times have changed for academic economists: The current recession has revealed the weaknesses in the structures of modern capitalism. But it also revealed as useless the mathematical contortions of academic economics. There is no...
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Posted by NotoriousLTP at 4:57 PM • 15 Comments •
Category: Economics
The Geithner Treasury plan for rescuing the banking system (more here) is getting panned on both sides of the aisle for being excessively vague. Megan McArdle: Tim Geithner reveals that the Treasury has a plan to fix the problems in...
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Posted by NotoriousLTP at 10:55 PM • 2 Comments •
Category: Economics
Check out this video by reason.tv below the fold....
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Posted by NotoriousLTP at 10:00 AM • 0 Comments •
Category: Economics
This guy has clearly not read about the broken window fallacy: Times were so tough for window repairman Timothy Carl Klenke, police say, that he decided to take proactive measures: He armed himself with a slingshot and began cruising around...
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Posted by NotoriousLTP at 1:09 PM • 6 Comments •
Category: Economics
Robert Barro is interviewed in The Atlantic about his views of the stimulus plan (see also a recent WSJ piece here). All in all, he is not a fan: The Atlantic: And I take it from the Wall Street Journal...
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Posted by Kara Contreary at 12:50 PM • 7 Comments •
Category: Economics
Here's an idea I had never heard about. The government could use an alternative currency that loses value over time to encourage spending. You would spend it like it was burning a hole in your pocket. Apparently there is historical...
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Posted by NotoriousLTP at 11:40 AM • 8 Comments •
Category: Economics
In an article reviewing the success of the Euro, the WSJ attributes at least some of the finiancial instability of recent months to currency volatility between the US and Europe....
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Posted by NotoriousLTP at 1:37 PM • 4 Comments •
Category: Prizes
Nobel laureates on the board bring in the bacon when it is time to capitalize a firm: WHAT is a Nobel prize really worth? The market values it at $34m, according to a new NBER paper by Matthew Higgins, Paula...
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Posted by NotoriousLTP at 7:41 PM • 1 Comments •