Adam Ozimek wonders: Provocative question of the day: should mortgage applications come with a short IQ test, where potential borrowers receiving a score below a certain level… Read more “In Which I Say ‘Well, Maybe’…”
Tag: Financial
From the Annals of Time
I found this an amusing and timely story: The Duc de Richelieu said in 1818 that there were six great powers in Europe — France, England, Prussia,… Read more “From the Annals of Time”
Picking Nits
On the whole, I agree todays editorial written by Paul Krugman. In the past, when discussing the issue of Wall Street banks vs. ratings agencies, I have… Read more “Picking Nits”
You Were Not Invited
Ever wonder what it would be like to have Paul Krugman throw a party and then not invite you? Well that happened to me, today…but since I… Read more “You Were Not Invited”
The Best Laid Plans…
Out of the myriad of topics I have committed myself to write about (either publicly on the blog, or personally), I haven’t really been able to find… Read more “The Best Laid Plans…”
Complexity? Or Efficiency?
Andrew Haldane (via Arnold Kling writes about one of my favorite subjects: complexity. Ezra Klein also has a post about complexity that makes absolutely no sense, and… Read more “Complexity? Or Efficiency?”
Sentences to Ponder
This is from an argument by Kevin Drum about the size of banks: It’s true that I think trying to break up big banks is politically unfeasible,… Read more “Sentences to Ponder”
Thinking Man’s Sentences
Tim Hartford, writing about [FT, gated] the importance of designing randomized experiments to guide political policy. What is missing is the political demand for tests of what… Read more “Thinking Man’s Sentences”
Effause and Causfect?
Dean Baker does not think the financial crisis was the cause of the recession: Spain is noteworthy because it now has an unemployment rate of more than… Read more “Effause and Causfect?”
Making Markets…Be Markets?
I very much respect Mike Konczal, and regularly read his blog for very insightful analysis about how we can make the mechanics of finance work more effectively.… Read more “Making Markets…Be Markets?”