thedollargame.wordpress.com
The Dollar Game | Economics, Finance and Bird Law. Mostly Bird Law. | Page 2
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Economics, Finance and Bird Law. Mostly Bird Law. Newer posts →. Why Tie to Gold? Why Not 1982 Bordeaux? January 24, 2012. Photo via Flickr user hto2008, Creative Commons. The University of Chicago IGM Economic Experts Panel, a group of economists spanning the ideological spectrum, was asked this week whether they agreed with a statement regarding the gold standard. Austan Goolsbee: “eesh. Has it come to this? Richard Thaler: “Why tie to gold? Why not 1982 Bordeaux? January 23, 2012. That the article hig...
thedollargame.wordpress.com
In Defense of Trills (and Bob Shiller) | The Dollar Game
https://thedollargame.wordpress.com/2012/02/24/in-defense-of-trills-and-bob-shiller
Economics, Finance and Bird Law. Mostly Bird Law. What ISDA Got Right (and Wrong) About Greek CDS. Warren Buffett and the Laggards of Berkshire Hathaway →. In Defense of Trills (and Bob Shiller). February 24, 2012. I love reading Felix Salmon’s blog, but today he goes off the rails a bit when discussing. The prospect of GDP-linked bonds, as recently proposed. For instance, it seems like he’s saying they’re a bad idea because they’ll be too expensive to issue:. Of course, no security trades at a price of ...
daniel-brockman.blogspot.com
Daniel Brockman: September 2011
https://daniel-brockman.blogspot.com/2011_09_01_archive.html
How to Really Wreck the Economy. Dr Robert J. Barros prescription for How to Really Save the Economy. Would save it for only 20% of the people, if that many. His standard for a good idea is: if it benefits persons with annual incomes exceeding 2 million dollars, then its a good idea. Dr Barro is wrong or partially wrong on all six counts:. Posted by Daniel Brockman. Links to this post. What Did Ben Bernanke Say? Dr Ben S. Bernanke (Image: FRS/Wikipedia). And deficit spending by governments. Thereby susta...
daniel-brockman.blogspot.com
Daniel Brockman: The Fairer Marginal Tax Rate Principle
https://daniel-brockman.blogspot.com/2011/10/fairer-marginal-tax-rate-principle.html
The Fairer Marginal Tax Rate Principle. In 1986, the top 1% (ranked by AGI - Adjusted Gross Income) of individual U.S. income tax returns aggregated 11% of the total AGI of all individual returns. And the tax for the top 1% was 26% of the total tax. In 2008, the income of the top 1% doubled to 20% of all income, and the tax for the top 1% had grown by only half to 38%. File 08in05tr.xls (retrieved 8 Oct. 2011 from. Http:/ www.irs.gov/taxstats/indtaxstats/article/0, id=133521,00.html.
daniel-brockman.blogspot.com
Daniel Brockman: Is this stock worth looking at?
https://daniel-brockman.blogspot.com/2012/11/paige-compositor-sourcewikipedia.html
Is this stock worth looking at? Paige Compositor - source:Wikipedia.org. You asked me "Is BioTime. This article will tell you how to answer this question for any company. Here's how I look at it . The NYSE New York Stock Exchange. Has been the venue for every kind of business activity, both laudable and unscrupulous. One of the NYSE. S finest contributions to our society has been the qualifications it requires of listed companies. To acquire and maintain a NYSE. Your communicant says BioTime. The company...
daniel-brockman.blogspot.com
Daniel Brockman: The 1% and the 99%
https://daniel-brockman.blogspot.com/2011/11/1-and-99.html
The 1% and the 99%. The Occupy Wall Street movement distinguishes between the 1% (who have a lot of money) and the 99% (who have less). Just how rich are the 1%? Income tax data for the 2008 tax year, published by the Internal Revenue Service, gives us a perspective. That spike running up the right-hand edge of the graphic chart is the average income of tax filers in the 1%. The chart shows the average incomes by quintiles, with the upper quintile broken into the 19% not-quite-rich and the 1%. If the gov...
fauxmarket.wordpress.com
The Faux | Musings on a faux market economy. | Page 2
https://fauxmarket.wordpress.com/page/2
Musings on a faux market economy. Naked Theory: Public Goods and the Security Example. But that presents us with a dilemma. I have no incentive to purchase something like security however much I might need it and may be willing to pay vast sums. It’s a non-rival good so I’m not exacerbating my. By refusing to buy. Security is non-excludable, so whoever pays will end up subsidising free riders. But why not just be a free-rider myself? Simply put, it’s a coordination problem. Everyone ascribes. Value to he...
obsoletedogma.blogspot.com
Obsolete Dogma: Subprime, Shadow Banking and Liquidity Shocks: Lessons of the Great Recession
http://obsoletedogma.blogspot.com/2011/08/subprime-shadow-banking-and-liquidity.html
Tuesday, August 23, 2011. Subprime, Shadow Banking and Liquidity Shocks: Lessons of the Great Recession. Why did relatively trivial losses in AAA mortgage bonds nearly vaporize the world economy in 2008? It seems absurd on its face. After all, despite the financial carnage in the U.S. housing market, the losses only amounted to a small proportion of global assets and GDP. Ben Bernanke's assurances that subprime would be "contained" almost. Here is Steve Randy Waldman's. As investors scrambled to sell the...
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