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Date: Thursday, 09 Oct 2014 12:49
(October 9, 2014 11:49 AM, by Art Carden) I tweeted the following last night: If schooling is really about valuable skills, shouldn't personal finance be part of the core curriculum?— Art Carden (@artcarden) October 9, 2014 Economic and financial literacy among the populace is abysmal, and my impression... (5 COMMENTS)
Author: "Art Carden" Tags: "Finance: stocks, options, etc."
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Date: Thursday, 09 Oct 2014 12:48
(October 9, 2014 11:48 AM, by David Henderson) UPDATE BELOW In particular, if I'm a bank and I'm making risky loans, I have an incentive, if I can, to make those loans using other people's money, in other words to make highly leveraged loans. But when I do... (9 COMMENTS)
Author: "David Henderson" Tags: "Finance"
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Date: Wednesday, 08 Oct 2014 22:33
(October 8, 2014 09:33 PM, by Scott Sumner) Matt Yglesias is normally my favorite progressive blogger, but today I have two bones to pick. The first is perhaps a bit picky, as I object to a single word: On the other hand, one can make the case that... (15 COMMENTS)
Author: "Scott Sumner" Tags: "Finance"
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Date: Tuesday, 07 Oct 2014 11:20
(October 7, 2014 10:20 AM, by Scott Sumner) Many people like to attack ideas by linking them up with words that have ambiguous meaning, but either very positive or very negative connotations. Then they use the word as a sort of crude cudgel, to bash their opponent. This... (39 COMMENTS)
Author: "Scott Sumner" Tags: "moral reasoning"
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Date: Monday, 06 Oct 2014 22:28
(October 6, 2014 09:28 PM, by David Henderson) After years of playing down the problem, technology companies like Google, Facebook and Apple now say they're serious about improving the gender and ethnic diversity of their work forces and corporate boards. Recent data from those companies and others like... (34 COMMENTS)
Author: "David Henderson" Tags: "Labor Market"
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Date: Monday, 06 Oct 2014 17:19
(October 6, 2014 04:19 PM, by David Henderson) One can barely read a newspaper or listen to a politician's speech without hearing the standard "we as a society" or its derivatives. "You know, we're going to have to make some choices as a society," said President Barack Obama... (23 COMMENTS)
Author: "David Henderson" Tags: "Economic Philosophy"
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Date: Monday, 06 Oct 2014 12:57
(October 6, 2014 11:57 AM, by Art Carden) Recently, the Birmingham Business Journal interviewed me and my colleague Darin White (@sports_biz_prof on Twitter) about the case for and the case against government financing for a domed stadium (info here; subscription required). Over the weekend, I re-read Rolf Dobelli's... (11 COMMENTS)
Author: "Art Carden" Tags: "Political Economy"
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Date: Monday, 06 Oct 2014 12:45
(October 6, 2014 11:45 AM, by Art Carden) I learned from my finance colleagues that there apparently aren't very liquid markets in which I could short-sell or buy put options on municipal bonds. Birmingham has been going around and around about expanding the Convention Center and building a... (1 COMMENTS)
Author: "Art Carden" Tags: "Finance"
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Date: Monday, 06 Oct 2014 02:14
(October 6, 2014 01:14 AM, by Bryan Caplan) The most surprising figure in Arum and Roksa's new Aspiring Adults Adrift:Yes, lots of newly-minted college grads live with their parents.  Yes, the fraction of college grads who live with their parents has sharply increased.  But at least for 22-24... (18 COMMENTS)
Author: "Bryan Caplan" Tags: "Economics of Education"
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Date: Sunday, 05 Oct 2014 16:59
(October 5, 2014 03:59 PM, by David Henderson) In a recent critique of Richard Epstein's call for another U.S. military intervention in the Middle East, I wrote the following at the end of my piece: One issue I did not address was the issue of whether President Obama... (17 COMMENTS)
Author: "David Henderson" Tags: "Economic Philosophy"
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Date: Sunday, 05 Oct 2014 03:45
(October 5, 2014 02:45 AM, by David Henderson) A regular reader of Econlog told me that while he likes my obituaries of famous economists, it would be nice to pay tribute to older accomplished economists while they're still alive. Here is my first. Yesterday was Leland Yeager's 90th... (3 COMMENTS)
Author: "David Henderson" Tags: "International Macroeconomics: Exchange R..."
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Date: Saturday, 04 Oct 2014 16:48
(October 4, 2014 03:48 PM, by Scott Sumner) In a recent post I criticized the "free lunch" view of printing money. However I did acknowledge that there was a sort of free lunch aspect to having a monetary system, but only to the tune of a bit over... (2 COMMENTS)
Author: "Scott Sumner" Tags: "Money"
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Date: Saturday, 04 Oct 2014 12:45
(October 4, 2014 11:45 AM, by Art Carden) This post appears in the Facebook discussion group for my LearnLiberty Personal Finance Course. A Weekend Thought on Investing and Personal Finance: If behavioral economics and psychology have taught us anything, it's that people are not very good at making... (2 COMMENTS)
Author: "Art Carden" Tags: "Finance: stocks, options, etc."
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Date: Saturday, 04 Oct 2014 12:40
(October 4, 2014 11:40 AM, by David Henderson) Last weekend, I posted about who should be on Mt. Rushmore. In the comments, there was discussion about who was the greatest American president. Ivan Eland, not a commenter but a friend who has written a book on the subject,... (3 COMMENTS)
Author: "David Henderson" Tags: "Public Choice Theory"
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Date: Friday, 03 Oct 2014 17:45
(October 3, 2014 04:45 PM, by Art Carden) I'm currently leading an online personal finance course for the IHS LearnLiberty project (disclosure: and getting paid for it) and teaching both Principles of Macroeconomics and the MBA "Economics of Competitive Strategy" course at Samford (disclosure: and getting paid for... (0 COMMENTS)
Author: "Art Carden" Tags: "Econlog Administrative Issues"
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Date: Friday, 03 Oct 2014 15:45
(October 3, 2014 02:45 PM, by David Henderson) "Blue Jeans meeting." That's what I think showed up on my cell phone at about 6:20 this morning. I didn't know what it meant and I ignored it. It turned out that it was a reminder to talk to an... (3 COMMENTS)
Author: "David Henderson" Tags: "Growth: Causal Factors"
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Date: Friday, 03 Oct 2014 08:05
(October 3, 2014 07:05 AM, by Scott Sumner) Here's Matt Yglesias: Here's the thing about the federal government -- it can print dollars, a highly profitable activity. You can't print dollars. I can't print dollars. Vox Media can't print dollars. The state of Tennessee can't print dollars. These... (8 COMMENTS)
Author: "Scott Sumner" Tags: "Monetary Policy"
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Date: Friday, 03 Oct 2014 01:13
(October 3, 2014 12:13 AM, by Bryan Caplan) I've known about "aging out" for ages, but former addict and neuroscience journalist Maia Szalavitz eloquently boils down the evidence:According to the American Society of Addiction Medicine, addiction is "a primary, chronic disease of brain reward, motivation, memory, and related... (12 COMMENTS)
Author: "Bryan Caplan" Tags: "Behavioral Economics and Rationality"
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Date: Thursday, 02 Oct 2014 14:35
(October 2, 2014 01:35 PM, by David Henderson) Ron McKinnon, the Stanford University economist who specialized in international finance, has died. According to his colleague John Shoven, Ron "fell on an escalator at SFO about twelve days ago and was badly injured." I didn't know Ron well but... (2 COMMENTS)
Author: "David Henderson" Tags: "Obituaries"
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Date: Thursday, 02 Oct 2014 13:36
(October 2, 2014 12:36 PM, by David Henderson) The person who wants to get you fired is not your friend. Daniel S. Hamermesh and Elena Stancanelli recently presented data showing that Americans work longer hours, and more night and weekend hours, than Europeans. I'm not familiar with Professor... (24 COMMENTS)
Author: "David Henderson" Tags: "Labor Market"
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