John Cochrane: "What Chicago Does 'Know' Is Scholarship… We Take a Little Time to Research What People Actually Have to Say Before Calling Them… Less than 'Half-Intelligent' [like] DeLong [Does]…"[1]

Jun 19,2013 08:19 CDT

Reading Paul Krugman calls to mind that I never reacted to John Cochrane's July 2012 failure to mark his beliefs to market and, instead, doubling down on his claim that the biggest risk the U.S. economy faces is that of becoming "Argentina" "quickly". I must say that if I had been opining stridently about issues of public policy without doing my homework five years ago, and if between t...more

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Liveblogging World War II: June 19, 1943

Jun 19,2013 08:19 CDT

World War II Today: On the 19th June 1943 the Governor of what remained of Poland, Hans Frank, met with Hitler to discuss the situation in the country. He brought with him a briefing document which was to prove important at the post war War Crimes trials. There was ample evidence of the suffering that the Nazis had brought to the whole of the Polish population. Quite apart from the m...more

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Ford Smartens Up and Dumbs Cars Down

Jun 19,2013 08:19 CDT

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Smart Reads June 19, 2013

Jun 19,2013 07:19 CDT

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The dilemmas of cold fish diplomacy

Jun 19,2013 07:19 CDT

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FATCA, Tax Havens & the New American Imperialism

Jun 19,2013 07:19 CDT

Once upon a time there was an offshore, where we'd hide a multimillion dollar account or two...The wheels of financial history are spinning once more. Whereas offshore financial centres were all the rage just a few years ago, the world's most powerful countries are now causing them much discomfort as they seek to recover "lost" tax revenues. Interestingly enough, it was not always like t...more

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Brazil’s winter of discontent

Jun 19,2013 07:19 CDT

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Popocatepetl volcano erupts again near Mexico City (VIDEO)

Jun 19,2013 02:19 CDT

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Raw Feed Video: Rage in Rio de Janeiro

Jun 18,2013 22:18 CDT

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John Cochrane: "What Chicago Does 'Know' Is Scholarship… We Take a Little Time to Research What People Actually Have to Say Before Calling Them… Less than 'Half-Intelligent' [like] DeLong [Does]…"[1]

Jun 19,2013 08:19 CDT

Reading Paul Krugman calls to mind that I never reacted to John Cochrane's July 2012 failure to mark his beliefs to market and, instead, doubling down on his claim that the biggest risk the U.S. economy faces is that of becoming "Argentina" "quickly". I must say that if I had been opining stridently about issues of public policy without doing my homework five years ago, and if between t...more

Link ›

Liveblogging World War II: June 19, 1943

Jun 19,2013 08:19 CDT

World War II Today: On the 19th June 1943 the Governor of what remained of Poland, Hans Frank, met with Hitler to discuss the situation in the country. He brought with him a briefing document which was to prove important at the post war War Crimes trials. There was ample evidence of the suffering that the Nazis had brought to the whole of the Polish population. Quite apart from the m...more

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MBA: Mortgage Applications Decrease, Mortgage Rates Increase

Jun 19,2013 07:19 CDT

From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey The Refinance Index decreased 3 percent from the previous week. The seasonally adjusted Purchase Index decreased 3 percent from one week earlier. ... The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($417,500 or less) increased to 4.17 percent, the highest rate sinc...more

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China’s Rural Credit Problem

Jun 19,2013 07:19 CDT

Author: Lynette Ong, University of Toronto Credit has been the subject of much scrutiny in China, where there have been broad concerns about rising non-performing loans and wasteful lending to state-owned enterprises. While major government-owned banks steal the most headlines, it’s also important to understand how credit operates at the grassroots levels. Unsurprisingly, that system ...more

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Need Some Cheese With that Whine? Western Academics Influenced By China.

Jun 18,2013 22:18 CDT

Regardless of whether or not you believe NYU’s side of the story, one of the most interesting debates that has come of the entire Chen debacle has been the influence of China within foreign academic systems.  It is something that has certainly been seen on other global stages, and I am certainly not surprised that NYU would come under pressure to keep a lid on its left wing, but I...more

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The geopolitics of China’s new energy route

Jun 18,2013 19:18 CDT

Author: K. Yhome, Observer Research Foundation China’s state-run China National Petroleum Corporation (CNPC) completed construction of a natural gas pipeline from Myanmar to China on 28 May 2013 and is close to finishing an oil pipeline. The pipeline will start delivering gas from Myanmar’s west coast in the Bay of Bengal to Kunming (the capital of China’s Yunnan province) on 1 Ju...more

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MBA: Mortgage Applications Decrease, Mortgage Rates Increase

Jun 19,2013 07:19 CDT

From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey The Refinance Index decreased 3 percent from the previous week. The seasonally adjusted Purchase Index decreased 3 percent from one week earlier. ... The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($417,500 or less) increased to 4.17 percent, the highest rate sinc...more

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Bafin to Enact CVA Charge?

Jun 19,2013 07:19 CDT

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Price Is No Longer A Factor

Jun 19,2013 07:19 CDT

The Tampa Tribune reports from Florida. “Big-money investment firms called hedge funds are calling real estate agents daily seeking to buy homes before they’re even listed for sale on the Multiple Listing Service. Realtors report that investors are buying homes they wouldn’t have touched several months ago, including townhomes and homes in the upper $200,000s and $300,0...more

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Reminder: DEW Meeting, Land-Use Regulation in the United Kingdom

Jun 19,2013 07:19 CDT

The Irish planning and land-use system is very similar to the set-up in the UK. There is a re-think under way across the water and one of the main contributors will be visiting; Speaker: Christian Hilber (LSE) Topic: The British System of Land-Use Regulation: Key Features and (unintended) Economic Consequences  Date and Time: Friday June 28th at 5.30 pm Venue: Davy Stockbrokers, 5th. fl...more

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Tagliare la Spesa Pubblica Peggiora il Bilancio?

Jun 19,2013 06:19 CDT

Un lettore mi scrive,  proposito del mio ultimo post , sostenendo  la diffusa opinione che se si riduce la spesa pubblica  il bilancio può peggiorare, perchè l'effetto recessivo dei tagli fa calare il gettito delle imposte. Il che equivale a pensare che sia possibile migliorare il bilancio pubblico aumentando la spesa: "Ma se il moltiplicatore fiscale italiano attuale...more

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From Gavin Kostick: Fishamble Presents ‘Guaranteed!’ by Colin Murphy

Jun 19,2013 05:19 CDT

Gavin writes: Fishamble: The New Play Company are presenting a new play. ‘Guaranteed!’, by Colin Murphy which dramatises the events leading up to and the night of the 2008 bank guarantee. You can read about it here Colin is a journalist, documentary maker and researcher. People may know his columns from the Independent. In 2011 Fishamble launched ‘Tiny Plays for Ireland...more

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The End of Nitrogen Chemicals?

Jun 19,2013 01:19 CDT

Japan's Toyota allegedly plans to set up a mega fertiliser production plant in Zambia. According to Zambia'a Ambassador to Japan Mwelwa Chibesakunda, Toyota is keen invest in agro input production in Zambia, as part of its diversifcation programme away from its traditional car manufacturing. About three weeks ago, officials from Toyota Japan allegedly met Mr Chibesakunda and told him tha...more

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Need Some Cheese With that Whine? Western Academics Influenced By China.

Jun 18,2013 22:18 CDT

Regardless of whether or not you believe NYU’s side of the story, one of the most interesting debates that has come of the entire Chen debacle has been the influence of China within foreign academic systems.  It is something that has certainly been seen on other global stages, and I am certainly not surprised that NYU would come under pressure to keep a lid on its left wing, but I...more

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The Next Afghan Mobile Entrepreneur

Jun 18,2013 09:18 CDT

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