Category Archives: Economics

Writers In Trouble

John Scalzi writes: Writers are often attracted to other creative folks, including other writers. Nothing wrong with this in a general sense, mind you. We all love who we love, and what’s not to love about another witty, smart and … Continue reading

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I See No Hope For The Economy

It’s impossible to get a loan from a bank these days unless you have a credit score north of 700 and considerable documentable income. The debt securitization market provided about 60% of lending money over the past few years. It … Continue reading

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Law Vs Medicine

A lawyer friend emails: Regarding my own experience, I’m a bit of a nerd, and I do not flash my money or drive an expensive car. Perhaps this is to my detriment. On the other hand, I did retire at … Continue reading

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Using Keynes As A Crutch (get it?)

In a long piece in The New York Times Magazine called "How Did Economists Get It So Wrong?", Nobel Prize-winning economist and Times op-ed columnist Paul Krugman tries to "explain" the current crash without analyzing the macroeconomic impact of land … Continue reading

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Do Banks Discriminate Against White People?

I’m reading this new book by economist Thomas Sowell — The Housing Boom and Bust. For more than a decade, US newspapers have editorialized that banks are more conservative than they should be about lending money to blacks. The current … Continue reading

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