February 2010
13 posts
3 tags
Exclusive video: Tim Geithner discusses a strange...
Back in 2008 a strange series of bank collapses sends tremors across Wall Street. - In March 2008 Bear Stearns is in free fall. - On 7 Sept the US government swiftly moves to push mortgage giants Fannie Mae and Freddie Mac into conservatorship. - On 12-14 Sept Lehman Brothers nears collapse. - On 15 September 2008, the firm filed for Chapter 11 bankruptcy protection. - On 16 Sept the...
4 tags
Joseph Stiglitz: Do not Trust Politicians to End...
The Crisis of the Flagship of the Liberal Ideology: Is the American Dream Over? In a recent speech in Paris, while touring Europe to promote his latest book, Joseph Stiglitz sized the magnitude of the crisis with several figures, which reveal important patterns: - First, the financial support provided by the US governement to AIG was of $180 billion, which is the amount of its financial...
4 tags
Why are there so many Engineers Among Islamic...
In a study released in 2009, Diego Gambetta (Nuffield College, Oxford) and Steffen Hertog (Sciences Po, Paris) tried to explain the reason why there seems to be such a large ratio of Engineers among Islamic radicals. The fact that the percentage of individuals from educated and wealthy extraction is higher among radicals (Islamic or left-wing) than in the average population is well...
California Death Spiral →
2 tags
The following post is not suitable for people...
* Students and young people are being warned about the dangers of a new “legal high” drug known as “Bubble” * * The combination of graphical images and economic rationalism is not recommended. * * do not open at work * * You have been warned …. * —> ici Posted via email from le Laissez-Faire { is Over } | Comment »
The Making of a Euromess →
Republicans and Medicare →
3 tags
Davos paradigm shift [quick notes]
What has been known for years as “the Davos Consensus” is shifting from a “High Growth, Privatized, Deregulated, Global World” mantra to a new paradigm: - Low Growth - Governments as essential shareholders (and lenders of last resort) - Tighter, utility like regulation - The relevance of a ‘global model’ is seriously question Two documents - worth a read - give very interesting insights and...
America Is Not Yet Lost →
Fiscal Scare Tactics →
2 tags
MC Keynes Vs DJ Hayek: Fear The Doom And Bust (Rap...
You want a bit of economics. Deep diving into Samuelson’s tome sounds a bit daunting. You are over the Freakonomics, Airport Economist, Lounge Economist, Armchair Economics,.. We have the perfect item in store for you: a Rap Anthem. But not any rap anthem. One featuring John Maynard Keynes and F. A. Hayek, two of the great economists of the 20th century. In *Fear the Boom and Bust* they...
January 2010
31 posts
2 tags
If you are in Australia & thinking of buying a...
Yep. A geek-techno-express-post to share the love… A bit of context and planning: The analogue free-to-view signals are being switched off and replaced with digital-only signals. This process is being managed by the Federal Government which has set end of 2013 as the date for the final decommission of Australia’s analog TV signals. A bill was passed in parliament in 2008. The...
Good and Boring →
