Archive for January 19th, 2011

Interview of Andrew Gelman

January 19, 2011

There is a superb interview of Andrew Gelman of  Columbia University. He is a professor in statistics and has received what I reckon as the Clark medal for statisticians – Council of Presidents of Statistical Societies award for outstanding contributions by a person under the age of 40. 

In this interview he picks five books to read on statistics. He says stats is all about uncertainty:

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What explains the rise in commodity derivatives?

January 19, 2011

Parantap Basu and William Gavin write a paper on the topic.

The authors point to some startling facts on the rise of commodity derivatives:

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FOMC Jokes

January 19, 2011

WSJ Blog points to a number of jokes cracked by FOMC members in their 2005 meetings. The jokes were extracted from 2005 detailed transcripts, released with the customary five-year lag.

I found this one to be the best:

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