Archive for November 16th, 2011

How Argentina is pressurising McDonalds to price its Burger lower

November 16, 2011

Argentina never refuses to surprise. Its policymakers  have been making all kinds of  attempts to report lower than actual inflation.

Cowen writes:

(more…)

How US Senators/Politicians engage in insider trading

November 16, 2011

Peter Schweizer a research fellow at the Hoover Institution has written a new book with a huge title called – “Throw Them All Out: How Politicians and Their Friends Get Rich Off Insider Stock Tips, Land Deals, and Cronyism That Would Send the Rest of Us to Prison”.

Marc Thiessen of The Washington Post gives a preview of what is to come:

(more…)

What if somethings we know about economic policy is wrong?

November 16, 2011

It is not nice to be reading and posting about such economics bashing papers so frequently. Here is another one by Dan Ciuriak and John M. Curtis.

They say all subjects including economics change with time:

(more…)

Did Napster lower the quality of music?

November 16, 2011

A superb research paper (longer NBER version here) by Joel Waldfogel of University of Minnesota. (I have started to call voxeu articles as papers and the NBER etc versions as longer editions. It is a departure from earlier practice of calling NBER versions as papers and voxeu as summaries. This adjustment done for lack of time to read longer versions).

(more…)

What they need to teach in a Harvard economics class?

November 16, 2011

 Another impact of the 2007 crisis.  It is a dream for most wannabe econs to be enrolled in one of the most hallowed economics department in the world Harvard economics department. The introductory class to economics is popularly called EC10 and is taken by Prof. Greg Mankiw.

Now even that is being criticised severely by its own students.  Harvard econ students conducted their own Occupy Wall Street moment when they walked out of Mankiw’s class (Mankiw blog covers the event).

EC 10 Students wrote an open letter to Mankiw expressing  discontent with the bias inherent in this introductory economics course. They say it is more Adam Smithian:

(more…)


Follow

Get every new post delivered to your Inbox.

Join 1,109 other followers