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Craig
"One foot in the cradle, one foot in the grave." Noel Miller
Recent Activity
If you count hypothetical income, sure, but otherwise, hell no. Continue reading
Posted 10 hours ago at Newmark's Door
Working paper by Lawrence Summers and three others. Abstract: Unemployment is low and inflation is falling, but consumer sentiment remains depressed. This has confounded economists, who historically rely on these two variables to gauge how consumers feel about the economy.... Continue reading
Posted 10 hours ago at Newmark's Door
Fine piece from a Harvard undergrad. Grade inflation, just like financial inflation, is quite harmful. And therein lies the second reinforcing effect of grade inflation, which not only fails to punish substandard schoolwork but actively incentivizes it, as students often... Continue reading
Posted 10 hours ago at Newmark's Door
If this is accurate--and I presume it's public information and could be checked, but I'll leave that as "an exercise for the reader," OP could well be right. Continue reading
Posted 10 hours ago at Newmark's Door
Really difficult to believe, but at least it wasn't a major economics journal. Continue reading
Posted 10 hours ago at Newmark's Door
You know the old saying: A million here, a million there, and pretty soon you're talking about real money. Related: "Jeff Bezos' move to Miami shows just how hard it is to tax the rich". Continue reading
Posted 11 hours ago at Newmark's Door
"It was Pep Guardiola's Barcelona that made fall in love with football." Same. Continue reading
Posted yesterday at Newmark's Door
Score one for "He's not getting older, he's getting better." Continue reading
Posted yesterday at Newmark's Door
Posted 2 days ago at Newmark's Door
Who else but Sonny & Cher. Continue reading
Posted 3 days ago at Newmark's Door
"FinanceBuzz, a personal finance site, takes into account the number of gates on the opposite ends of terminals, the distances to the very farthest gates in an airport, and the need for transportation like trams within the airport for flyers... Continue reading
Posted 3 days ago at Newmark's Door
Keith Richards. Continue reading
Posted 3 days ago at Newmark's Door
It would take a bit of convincing for me to believe that this is a good use of about $15 billion. Continue reading
Posted 4 days ago at Newmark's Door
This has always been true, but it's especially true in these days where simply everything is political. Continue reading
Posted 4 days ago at Newmark's Door
Only three examples are cited, but maybe they do indicate the beginning of a trend. Continue reading
Posted 4 days ago at Newmark's Door
The inimitable Michael Fumento: Our proposition is simple: Are bees endangered to the point where they cannot pollinate what’s needed or wanted or supply our honey fix such that perverted stuffed bears that run around with red shirts but no... Continue reading
Posted 4 days ago at Newmark's Door
"Of the 21,450 Ph.D. recipients in 2022 who said they had accepted jobs in the United States, 48.1 percent were headed to jobs in industry — which has absorbed an increasing share of Ph.D.s over time." Continue reading
Posted 5 days ago at Newmark's Door
What I heard from my doctor years ago. Losing just 5–10% of our body weight – between 6 and 12kg for someone weighing 120kg – can significantly improve our health Continue reading
Posted 5 days ago at Newmark's Door
There are a number of indications that charter schools, and school choice generally, are winning the political battle. But unfortunately, there are still unbelievably dopey stories like this. (Having looked at the school's web site, another reason for opposition to... Continue reading
Posted 5 days ago at Newmark's Door
For the nth time I note once more: modern cosmology is weird. Continue reading
Posted 5 days ago at Newmark's Door
Posted 6 days ago at Newmark's Door
No surprise to an economist: people respond to incentives. (AKA "follow the money".) Continue reading
Posted 6 days ago at Newmark's Door
Among the ones I really like are Marginal Revolution, Managerial Econ, EconLog, The Undercover Economist, Cafe Hayek, and Economics One, Continue reading
Posted 6 days ago at Newmark's Door
And if there are, I predict that at least if they're Blue states, they'll be bailed out by the federal government. Continue reading
Posted 6 days ago at Newmark's Door