The Great Macro Debate never ends. Reader Adam Ozimek writes, quoting me being snotty about rational-expectations macroeconomics:
“But has any of this contributed significantly to economic policymaking? Not that I know of, not yet. That may be the policymakers’ fault, not the economists’. But the standard policy prescription of
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The winner of the Nobel Peace Prize gave another push this afternoon to his administration’s proposed Consumer Financial Protection Agency, with a speech at the White House. The only thing I heard that was really new was that he busted the chops of the U.S. Chamber of Commerce, saying one of its anti-CFPA ads—which claims that the …
It’s easy to be green when you’re saving money at the same time. Eschewing bottled water for tap, recycling household items for cash, and turning off the water while brushing your teeth are no-brainer, no-hassle ways to help Mother Nature, not to mention your bank account. But what’s up with rechargeable batteries and other …
A Columbus Day Weekend promotion offers $15 off when you spend $60 or more at Express. The offer is valid through October 12. Shop online using promotion code 3079 or print out a coupon to bring into a store here.
A Congressman from Michigan introduced a bill that would give pet owners a tax break on veterinary care and other expenses.
So I’m in the heart of Obamanation this morning, the Greenmarket on West 97th Street in Manhattan. The woman standing next to me in line for some totally precious locally grown veggies asks what I think of Obama’s Nobel. “Seems a little premature,” I answer. She laughs, shakes her head, and we both start speculating on what could have …
It’s time for another roundup of money-saving lists, with places to eat for free, household items you can recycle lickety-split for cash, and some unusual schemes—like taking advantage of your local library’s lost and found to snag a free umbrella.
Our pals at the American Mustache Institute have a new study out revealing that mustachioed men make more money and spend more of their income than the bearded and the cleanshaven:
The research found that Mustached Americans earned 8.2 percent more on average than those with beards and 4.3 percent more than the clean-shaven. People of
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Okay, this is gonna get wonky. Giuseppe Paleologo writes, in a comment to my post on Krugman vs. Chicago,
It is not true that:
“The central empirical prediction of the efficient market hypothesis, as laid out by Eugene Fama at the 1969 annual meeting of the American Finance Association, was that markets would move over time in
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The current scene at many malls—new ones in particular—is more ghost town than teeming shopping hub. More than 10% of retail space at U.S. shopping centers is vacant, up from 8.4% a year ago. And 30% of malls that opened their doors this year did so with at least 50% of their storefronts empty.
Thanks to the recession, people—people with jobs anyway—are paying off their credit cards and saving more. But no one seems to know where to put the money they’ve worked so hard to save.
Treasury Secretary Tim Geithner announced today that the government’s Making Home Affordable mortgage modification program has lowered monthly payments for 500,000 homeowners, beating a Nov. 1 deadline the administration set earlier in the year. I wish Barbara were here to tell us what this means (she’s off this week). The overall goal …
