The latest Case-Shiller house price numbers are out, and they’re good:
Data through August 2009, released today by Standard & Poor’s for its S&P/Case-Shiller Home Price Indices … show that the annual rate of decline of the 10-City and 20-City Composites improved compared to last month’s reading. This marks approximately seven
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This was the scene in front of Goldman Sachs CEO Lloyd Blankfein’s apartment building Sunday, as photographed by TIME’s Deirdre van Dyk (who came across it after running a race in Central Park). The protesters were mad about, among other things, a Goldman-backed company shutting down the Stella D’Oro biscuit factory in the Bronx and …
There are the gold bugs, with their tales of impending economic apocalypse. And then there are people like Martin Murenbeeld, chief economist for Canada-based money manager DundeeWealth. “I’m just an economist who happens to like gold,” he says. “I’m not always bullish on it.”
Right now Murenbeeld is bullish on gold. He was here at TIME …
Flemish folk trio Laïs, plus cellist Simon Lenski. Don’t be dissuaded by the chatting at the beginning; they do start making music after a little while. Also, I want a table like that.
[youtube=http://www.youtube.com/watch?v=_8emA013udo]
My latest column is online and in the issue of TIME with California on the cover. It’s about stimulus.
I get the feeling that Brian Griffiths’ words at a panel discussion in London Tuesday might go down in history as some kind of let-them-eat-cakish landmark. Said the economist, a former Margaret Thatcher adviser who was raised to the peerage in 1991 and has been helping make ends meet since then by toiling away as a vice chairman (read: …
Andrew Sullivan’s rant today about Pat Buchanan’s white-people obsession reminded me of a passage I’d been meaning to post from Daniel Walker Howe’s What Hath God Wrought: The Transformation of America, 1815-1848. I met Howe at a book festival in Winston-Salem in September and was so entertained by him that I paid full cover price for …
The head honchos of Bangalore-based IT consulting/outsourcing/software-development company Infosys were in New York today for an analyst meeting (security analysts, not psychoanalysts, I think), and afterwards they chatted with some representatives of the embattled fourth estate. Infosys recently reported its first quarterly revenue gain …
I stole a copy of Andrew Ross Sorkin’s Too Big to Fail from his book party last night. I mean, I don’t think it was really theft. But there were few enough copies on display that it felt a bit illicit. It also felt heavy. The book is 600 pages long with the index, notes, etc. (544 pages without them). It weighs 2.15 pounds. And it was …
Stephen Dubner and Nathan Myhrvold have now both written retorts to the many critiques of the chapter on global warming in the new book Superfreakonomics (which is co-authored by Dubner and economist Steven Levitt and stars, in its global warming segments, inventor-dude Myhrvold). They’re both mainly responding to the lengthy critique …
Sorry, been working on my column this morning. Now I can’t figure out how to embed this week-old Bird & Fortune video from FT.com. It’s long, but highly entertaining, and while it’s already been making the rounds for a while I want to make sure nobody misses it. A sample:
There is a rule that property values never go on rising forever.
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