BlogNetNews.com » Econ » Dashboard « Today's Most Clicked Blogs

CoreEcon: Harford wrong on carbon taxes

Fri, 27 Nov 2009 22:26:48 -0500

Well, not completely wrong (he is right that in principle taxes and caps achieve similar economic outcomes if implemented) but let me explain. In the FT today, Tim Harford argues that at Copenhagen negotiators should be focused on getting agreement on a tax rate on emissions to levied at [...]

Marginal Revolution: The Navajo mother-in-law taboo

Sat, 28 Nov 2009 08:05:00 -0500

It's not what I had expected:

Observing an old and curious Navajo taboo, Narbona was not allowed to look at his mother-in-law, nor she at him. It was a custom designed to keep the peace and, apparently, to avoid sexual tension. In fact, many mothers-in-law in Navajo country went so far [...]

The Big Picture: Black Friday Shopping Update

Fri, 27 Nov 2009 19:22:30 -0500

Number of comments: 10

We mostly steered clear of shopping today — went instead to the Chicago Art Institute’s new Modern Wing.

In the AM, the girls did go to Nordstrom’s for shoes — the parking lot was pretty filled, but the store was not exactly jammed. (Like Bloomingdales, I will admit [...]

The Big Picture: Why I am an Optimist

Sat, 28 Nov 2009 14:18:49 -0500

November 28, 2009
By John Mauldin
Subprime Dubai

More Government Data Fun: Unemployment Claims Were Not Down Why I Am Optimistic About the Future The Millennium Wave New York and My Own Psychic Income

I admit that of late my writings have had a rather dark tone. There are certainly a number of [...]

Capital Chronicle: Forget Dubai - will you kiss me?

Sat, 28 Nov 2009 14:16:00 -0500

Light week-end relief for anyone taking seriously requests for China-Land-of-Over-Capacity to revalue upwards:

[...]

Institutional Economics: Who Would Want to Own an ETS?

Fri, 27 Nov 2009 23:31:00 -0500

Michael Stutchbury quotes Warwick McKibbin on the likely consequences of Labor’s emissions trading scheme:

Economist and Reserve Bank of Australia board member Warwick McKibbin warns the Carbon Pollution Reduction Scheme is “fundamentally unstable”, the price of permits will be “inherently volatile” and the Copenhagen agenda is in “total [...]

Calculated Risk: Flipper in Trouble?

Fri, 27 Nov 2009 21:13:00 -0500

Number of comments: 0
A flipper bought this one in September for $330,000, and has reduced the asking price to $379,000. Still no takers.

Jim the Realtor is watching for "flips turning to flops" and this might be one. For more - and a couple of interviews with Adam (a flipper who [...]

Angry Bear: The Great Trade Collapse...VoxEU

Fri, 27 Nov 2009 20:47:00 -0500

Number of comments: 8
Richard Baldwin at VoxEU introduces a new book on “great trade collapse” before the WTO meeting occurring shortly.

Re-posted with attribution:

The Great Trade Collapse

World trade experienced a sudden, severe and synchronised collapse in late 2008 – the sharpest in recorded history and deepest [...]

The Big Picture: Bloomberg: Mark Pittman, Reporter Who Foresaw Crisis, Dies at 52

Fri, 27 Nov 2009 20:42:17 -0500

Number of comments: 5

Our friend and comrade Mark Pittman of Bloomberg News died unexpectedly on Wednesday. The link to the Bloomberg story is below. Mark was a great reporter and a great friend. He prized accuracy over timeliness at a time when many people in the media don’t know the difference. He led [...]

Don't Mess With Taxes: The investment tax is back!

Sat, 28 Nov 2009 13:01:00 -0500

A few months ago, the possibility of a tax on investment transactions was floated.

It didn't go too far then. Treasury Secretary Timothy Geithner even noted that he "hadn't seen a version of the tax that'd make much sense."

[...]