Content tagged economics

Blog Entries

Negative, rather political review of Naomi Klein’s The Shock Doctrine: “But Klein was intellectually unfazed. Rather than re-think the economicist … gulfstream/2483

Excellent timeline of the chain of events that led United Airlines’ stock to plunge from $12 to $3 on the strength of a false news story that it had … gulfstream/2516

Lehman and AIG FAQ, from two of Levitt’s UChicago colleagues. gulfstream/2525

James Surowiecki: “All companies, of course, worry about how their stock is doing. But for most the stock price is a product of performance, rather than … gulfstream/2528

James Surowiecki ever bit as good a blogger as you might expect. Shame about the lack of RSS feed. [Update: A few people pointed out that there is one … gulfstream/2541

Chris Anderson on the Long Tail: “I’ll end by conceding a point: It’s hard to make money in the Tail.” gulfstream/2554

“Cash-strapped American Airlines announced a new series of fees this week that will apply to all customers not currently flying, scheduled to fly, or … gulfstream/2559

Bruce Schneier answers some questions on security. Not as paranoid as you might think: he uses the same password for low security sites, buys stuff from … gulfstream/2359

Differences in consumption per person are much less dramatic than differences in income (in the US): “If we look at consumption per person, the difference … gulfstream/2395

In 2001 the Swiss ambassador to London invited graffiti artists to decorate the underground carpark of the Swiss Embassy, one of whom turned out to be … gulfstream/2405

“Today, more than 40 percent of the black girls born in California in a given year receive a name that not one of the roughly 100,000 baby white … gulfstream/1721

“To this end, Chen has taken steps to ensure that future monkey sex at Yale occurs as nature intended it.”—do monkeys understand money? gulfstream/1767

Curious: Cory Doctorow endorses ISP’s plan to monitor network traffic, report what songs are being traded (via audio-analysis software) back … gulfstream/1825

“Why is Africa Still Poor?” (Book reviews.) gulfstream/1857

Adam L. Penenberg proposes that Apple run iTunes like a stock market, with price determined by demand. “The more people who download the … gulfstream/1901

The restaurants in Ikea’s German stores are apparently very popular: there’s only 37 stores, but they have the 11th highest revenue.“Flocks … gulfstream/1921

Julian Dibbell makes $11,000 selling items on Ultima Online, asks the IRS if this is taxable income, or what. They don’t know, and suggest that … gulfstream/1937

(Debt as a percentage of GDP.) The US is below a whole lot of countries, including Japan, Germany and France. I don’t really understand what all this … gulfstream/2031

A whole heap of stuff is being built—somewhat improbably, given its history, climate, prospects—in Dubai. gulfstream/2040

Measuring poverty: in the US, the poverty line for the last 40 years has been set at three times a (very minimal) food budget. This approach has many … gulfstream/2045

The sad story of Nauru: in the 1970s, the people of Nauru were amongst the richest in the world (the whole island is basically phosphate); now the government … gulfstream/2065

The shapeless official website of Berkshire Hathaway, Warren Buffet’s $136bn (+ $25bn in B stock?) holding company. The Message from Warren Buffet … gulfstream/2081

Long Tail doubters: Slate says Anderson is overreaching; the WSJ says his data is bogus. I’m still pretty skeptical of this (previously); whatever the … gulfstream/2127

Malcolm Gladwell: the success of a company (or country) is determined, to a great extent, by the ratio of workers to dependent non-workers. (GM has 453,000 … gulfstream/2141

Great story: Steven Levitt, playing in a poker tournament to celebrate his 10 year wedding anniversary, plays like a crazy man in order to either lose … gulfstream/2170

James Surowiecki: Nintendo is #3 in the console game, but is making solid profits. Do you need to aspire to be #1? gulfstream/2195

Steven Levitt, co-author of Freakonomics, argues against tenure. “What does tenure do? It distorts people’s effort so that they face strong incentives … gulfstream/2251

the economics of drug distribution (amusingly academic). Many other good, related, articles: see the "In this Survey" sidebar. gulfstream/483

"My Life as a Nontraditional Ticket Reallocation Special." The alternative economics of ticket scalping. gulfstream/681

New Yorker article on the ethics and economics of AIDS research. This is blurbed as being on whether it’s appropriate to subject AIDS research … gulfstream/1117

Slate is now making money. (Also discussion of how being an arm of Microsoft helps, general analysis of the economics of web publishing.)  … gulfstream/1130

There’s a great article in yesterday’s Australian Financial Review about how Washington—which in 2001 convinced Vietnamese officials  … gulfstream/1165

Nobel Prize for Literature committee is still fucking up citations. The subjugating power of cliches? What? (Compare them to the citations for … gulfstream/1584

Overview of time-sensitive road tolls. Economics prof: “Everyone accepts that if your car is stationary, it’s fine to pay for parking. But if you … gulfstream/2230

del.icio.us

What Makes People Give? - New York Times

The Inflation Calculator

How Much Is That in Real Money? A Historical Commodity Price Index for Use as a Deflator of Money Values in the Economy of the United States | Book Reviews | EH.Net

Marginal Revolution: What do we know about tipping?

Official Google Blog: Putting crowd wisdom to work

Introductory Economic Analysis

How Much Is That? | EH.Net

The Dark Side of China’s Rise
chinese economy about to do not so well?

Sample Chapter for Manning, A.: Monopsony in Motion: Imperfect Competition in Labor Markets.

Federal Reserve Bank of Minneapolis - fedgazette - Thomas J. Holmes on Wal-Mart's location strategy - March 2006

cityofsound: London hasn't changed

BBC NEWS | UK | Magazine | What's a little debt between friends?

Factsheet - Special Drawing Rights (SDRs)
strange unit of currency used by the imf. (someday i'd like to understand this.)

Mind the Gap
arch-capitalism! kinda lazy economics here too, but provoking nevertheless.

Esquire:Feature Story:Three Things You Don't Know About Aids In Africa

Myths about the developing world (Amazing graphics) (TEDTalks, Hans Rosling) - Google Video

Stocks -- Coach Class of Capitalism: Michael Lewis

Pigovian tax - Wikipedia, the free encyclopedia
tax levied to change behaviour, rather than raise revenue

The Black Swan: The Impact of the Highly Improbable - Nassim Nicholas Taleb - Books - Review - New York Times

The Pirates’ Code: Online Only: The New Yorker
james surowiecki on the surprisingly democratic nature of pirate ship governance

Behind the Fiendish Complexities of Airfare Pricing

MicroPlace, an eBay Company: Make an investment, help relieve global poverty.

Kiva.org - Loans that change lives