In the midst of an interesting if dauntingly long-winded discussion among economists at FT.com comes this from the LSE’s Robert Wade:
All this is a long way of saying that the great global reflation after 2001, which Martin, Larry and others celebrate, is more fragile than they suggest. But the fragility is not mainly to do with the
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Well, maybe not here: I wrote it back when this blog had a different home. But the editorial on “The Coming Tax Increase” in today’s W$J sure does have a familiar ring. Thus spake the righteous descendants of Wanniski:
The new House and Senate majorities have now passed budget resolutions — five-year budget outlines — that include the
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Sometimes people say really revealing things when they’re talking in a language that they figure nobody outside their own country understands. This is from leading Dutch paper NRC Handelsblad (clunky translation mine):
According to Dan Ligtvoet, head of MTV Networks Benelux, the lawsuit filed by “big boss” Viacom is mainly a means of
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Sure he’s the competition (although this is from Robert Samuelson’s Washington Post column, not his Newsweek one), but that doesn’t mean he can’t be right:
For the past three months, the consumer price index has increased at an annual rate of 4 percent. “Core inflation” (all prices minus food and energy) is at 2.7 percent for the past
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I’m sure this news will cause a little something to die inside my pal the Equity Private, but I’m supposed to go on CNBC’s Power Lunch this afternoon at 1:40 or so to share my bounteous expertise on the subject of Apollo Management’s possible IPO. The Sorkinator actually says Apollo isn’t thinking of going public at the moment, and he …
So Europe’s stock markets have passed those of the U.S. in value, at least if you count Russia and Turkey as part of Europe (which they both partly are). This apparently happened last week, but nobody seems to have noticed until Tuesday after an analyst in London named Ian Harnett pointed it out. There are some caveats, noted the …
I Google myself, on a regular basis. I was slightly ashamed to admit this until I read this on page 193 of John Battelle‘s book The Search:
…it’s a good idea to check your own name on Google, early and often. Given that just about everyone else you meet will be doing it anyway, it’s just smart to get a picture of who you are in the
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After my brief dalliance with the prophets of financial Armageddon, I have returned to the world of yeah, but. As in, yeah the residential real estate market is in a world of pain, but commercial real estate isn’t in any kind of trouble at all.
The reason is that commercial real estate had its meltdown in 2000 and 2001, as the dot-coms …
On Friday the Commerce Department announced a crackdown on shiny Chinese paper. I can’t even begin to tell you whether the particular decision was warranted, and I don’t know if it’s mere saber-rattling about a triviality or the beginning of a new era in U.S. trade policy. But I do know that if Americans really want to erase or at least …
The Curious Capitalist family lunched together today, at Frankie’s Spuntino on the Lower East Side. The bill for the three of us was $57.44, which I thought was reasonable enough (the fact that we weren’t drinking certainly kept the price down). But Curious Capitalist Jr., who is seven, was appalled. We don’t eat out all that often, and …
I can’t tell whether this investing dictum, from shaggy-haired hedge-fund manager Cody Willard‘s column in the Weekend FT, is really smart, or is the sort of temporarily sensible sounding nonsense that we’ll all giggle at after the next market crash. I’m leaning at least slightly toward the former:
Those who empower, win. Those who
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I’m on the Princeton campus, where I spoke earlier this afternoon on a panel on careers in the publishing industry (there will still be careers in the publishing industry, right?) and visited a guy named Krugman. The big excitement, though, was seeing what use Meg Whitman’s $30 million has been put to.
The money went toward building the …
