1. Profile of Arthur Brooks, new head of AEI.
2. Did Evangelicals check the housing bubble?
3. David Brooks on General Motors.
4. Symposium on Parfit's new ideas.
5. A new joke about economists.
6. Keynes on method and humanism.
Assorted links
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“regions with high concentrations of evangelicals saw lower gains in home prices and less volatility than similar regions with fewer evangelical residents”
I would very much like to know what factors went into categorizing “similar regions”.
I believe this is a working Link for Parfit (I never actually saw the intended article so it could be different):
http://journal.ilovephilosophy.com/Article/Parfit-and-Identity—does-really-not-matter-/7
Can you judge the economic climate based on how often sillily big numbers get used? IS “trillion dollars” a counter cyclical phrase?
http://www.google.com/trends?q=trillion+dollars&ctab=0&geo=us&geor=all&date=all&sort=0
Evangelicals are often warned against debt.
See Crown Financial Ministries etc.
davidc: definitely a possibility. For the last month or two I’ve been monitoring the use of various words on the economics blogs – trillion, billion and million move up and down in interesting patterns.
http://www.knowingandmaking.com/search/label/word%20cloud for full details.
Brooks wrote: “It would have been better to keep a distance from G.M. and prepare the region for a structured bankruptcy process. Instead, Obama leapt in.”
The reports and Obama’s words indicate that the reason for replacing management at GM was to pave the way for structured bankruptcy as Wagoner and the board seemed to be determined to go to the brink when creditors would force GM into bankruptcy and liquidation.
Unless the government stepped in with “long-term government intervention and backdoor subsidies forever” that Brooks decries, of course.
But Brooks is correct, conservatives will be attacking Obama in 2004 for being the man who forced GM into bankruptcy, seeking to win former UAW worker votes.
how is that a joke about economics? It’s a joke about mathematics, which has very little to do with economics.
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