Just a small problem.
How, in the name of freakin' GPS, could this happen?
Pretty funny they landed at Duke, though, instead of UNC. Hee....
Credibly promising to be irresponsible...since 2004!
Just a small problem.
Very fine entertainment.
Besides Mrs Angus and I, a third important person arrived at OU in 1999: Robert LeRoy Stoops. This week the three of us enter our 10th seasons here in Norman. So far though, the OKC newspaper has only seen fit to run a massive retrospective on one of us.
Labels: social science
.....by taking bags of money from Mugabe.
Daniel Hamermesh is an eminent scholar and a great guy. But holy crap people he's on the Sabbatical from Hell. He's in Bonn Germany for 5 months. Here's his bathroom/laundry room:
"Macroeconomists aren't very bright. It took us almost 40 years to realize the Solow model was about income differences rather than growth rate differences and almost the same amount of time to realize that the lack of absolute convergence was not evidence against the model."
Let us begin with following poll result, just to establish the baseline. This is from Public Policy Polling, January 2008, just before the Debate televised by WRAL here in Raleigh.
No, the wine economists. Meetings are probably more fun....
In a new NBER working paper, after 25 pages of making nice, Olivier gets down to business:
Interesting story from national LP....
Wow, first there was this and now (via Lebron James) there is this:
Tuesday was the first day of classes for Mrs. Angus and I. Usually I get assigned one of the two classrooms in our building, and if I don't I just commandeer the conference room for my class. This year though, our conference room is being "renovated" which so far has consisted of taking down the blackboard and white board and removing the chairs, thus rendering the room unusable. Ouch. So when I checked to see where I was scheduled to teach and saw it was the Armory, I was confused and somewhat worried.
For those of you suffering from Olympic withdrawal pains, noted sportsman Fidel Castro provides us with a probably prescient preview of the 2012 London games:
As bloggers continue to erode the feeble MSM, KPC is proud to exclusively disclose this advance copy of Joe Biden's speech accepting the VEEP nod:
My former student (he took classes with me, I wasn't his adviser or anything) Steve Horowitz has a post over at The Austrian Economists that says in part:
Last night Mrs. Angus and I were out to dinner at a friend's house. Our lovely hostess (originally from Hong Kong) expressed concern about what country would "win the Olympics". Specifically she was looking for the best metric with which to argue that China had "won".
He did it. Despite earlier KPC incredulity. BHO picked the airheaded creepy plagiarist. Wow. All I can say is Obama must REALLY REALLY HATE Hillary.
Ya gotta love Wonkette:
Several readers sent emails saying they thought I shouldn't pick on the LG, after I told a joke.
This one is for Alex T!
"I think as Canadians there is a bit of a tiredness in seeing all American stuff," Shaun Donnelly, president of Real Productions, said during an interview on Friday.
"There is always that thrill for something that is local and you get the sense that these are people you can meet at the supermarket."
Turns out, we are pure evil:
So, I was driving over to do the radio show this morning, the "Shadow Debate," where I got to answer Bev and Pat after the fact, on a radio show that people actually listen to (mp3 of hour long radio show here).
According to Intrade, he's the favorite. Admittedly, no one knows their way around warm spit like Joe, but I just don't see how Obama can pick him. Obama is politics 2.0, Joe is plagiarism 101. Obama is cool, Joe is a creep.
The article (gated, free registration)
One of me and Mrs. Angus's favorite things to do in Santa Fe is stroll through the zillions of art galleries around town. While many are stereotypical and touristy, there are some genuinely interesting artists showing their work and some excellent galleries. One local (by way of Mallorca) artist that we both liked very much is Richard Campiglio. Here is one example:
In yesterday's WSJ, Ethan Penner ("a pioneer in real estate finance" according to the Journal (wouldn't that make him well over 100 years old??)) says the following:
Genetic and Environmental Contributions to Humor Styles: A Replication Study
Tom was in trouble. He forgot his wedding anniversary.
This morning Tyler links to an RBC article by Martin Uribe and Stephanie Schmitt-Grohe. Let me just say in advance that I know and like Martin and Stephanie and they do awesome work. However, I found the following sentence in their paper quite bewildering:
David Wheeler, from the Center for Global Development has been excoriating his old employer, the World Bank, for living in the past and continuing to help fund coal fired energy projects. Here is a graph of the most favorable spots on Earth for solar power generation:
So, one debate coach accuses another of racism. The logical response? Moon a roomful of students. The video shows it all, or most of it.
I'm going to go out on a limb here.
Labels: cheeseburgers Win
1. The Yiddish Policeman's Union by Michael Chabon.
As has been noted before, I like cheesy nachas.
From the comments on Mungowitz's WITBD post. I am too proud of myself to leave it there.
Let's play, "Who is the Bigger Doofus?"
Last night, my older son's wonderful girlfriend (and, she IS wonderful) was over after they had watched a movie out.
A point for Ryan, I have to admit.
Quite a bad day at the Munger campaign, and for journalistic consistency.
This guy took his own courses, to get more credit hours. And he even gave himself a B, so it wouldn't look too obvious. Or, maybe he just sucked in that class. Either way, pretty impressive.
George Miller and his buds on the Education and Labor Committee should be commended for having read their Orwell. How else to explain that their bill outlawing secret ballots for votes on whether a shop becomes unionized is titled "The Employee Free Choice Act".
Just like Homer Simpson, the US stock market choked today on the news that the second Hamm twin was also pulling out of the Olympics. With no Hamms remaining on the US men's gymnastics team, the Dow Jones Index fell 150 points in heavy trading. As would be expected, both the Chinese and Hong Kong indexes rose on the devastating news.
Modern business cycle theory is built around two strikingly original ideas.
Teh interwebs, where this:
Labels: teh interwebs
In what I think is an insightful and potentially important paper, "Endogenous Information, Menu Costs and Inflation Persistence" (nber wp #14184, ungated version here ) Yuriy Gorodnichenko sets up a model where firms make "state dependent decisions on both pricing and acquisition of information". What he is able to do is produce more persistent effects of shocks without having to put some real rigidities in the model. Because here, when a firm changes it's price, it reveals it's information to other firms for free, so information embedded in a price change is a public good and firms postpone making them. As he puts it, "the information externality and menu costs reinforce each other in delaying price adjustment. As a result, the response of inflation to nominal shocks is both sluggish and hump shaped".
So I'm reading Mark Thoma's blog and I see a link to KathyG. Hmmm, I say, I've seen her ripping Megan McArdle, maybe I should check out her blog. So I do and I find a newish post ripping Megan and the Atlantic for only having one female blogger. Kathy says:
How about, say, the brilliant Echidne of the Snakes? The Atlantic's sole female blogger and supposed expert on economics, Megan McArdle, consistently embarrasses The Atlantic and herself by the many rudimentary errors about economics she makes.....
But instead of, or in addition to, McArdle, they could have a real live Ph.D.-wielding economist who actually knows what the f**k she's talking about! Imagine that! In addition to her economic expertise, Echidne is a damned good writer. Even though she grew up in (I believe) Finland and English isn't her first language, Echidne, even on her worst day, writes with wit, verve, and style. In English. Whereas McArdle would be hard-pressed to write her way out of a paper bag. In English.
Wow, I say, this Echidne must be great. So I go check her blog and I find this:
Wouldn't peace be nice right about now? We could then focus on arguing about all the nitty-gritty stuff, such as rebuilding the dangerous infrastructure of this country. Of course Banana Republics require a dangerous infrastructure and as a Banana Republic seems to be on the plank of the Republican Party as the future of this country I guess that we won't see those bridges fixed. Could someone tell me, please, how much work has been done since last summer's bridge collapse? And how much money has been spent in Iraq during the same time frame?
On the other hand of the scales of victory, there is a new Kentucky Fried Chicken store in Fallujah. So the troops can come home now and start fixing the bridges, right? I love being a naive goddess.
WTF?? First some crazy unsubstantiated raving:
America's infrastructure is "dangerous"?
Republicans want America to be a "banana republic"?
Then, though, the laziness:
"Could someone tell me please how much work has been done.... and how much money has been spent in Iraq?"Wow, isn't that your whole point? Why don't you look it up and tell us. And while you are at it, why don't you unpack for us your implicit argument that every dollar of war spending would instead flow to infrastructure if there was peace, and that the troops would be building bridges here if not fighting there.
Now to be fair, a lot of bloggers are lazy (including me!) so I guess I'm not ripping Echidne, but rather KathyG for suggesting the "naive goddess" as an brilliant economic expert who's being kept from blogging at the Atlantic only by gender bias. I searched a fair amount of the Echidne blog and the post I report is quite representative of the commentary there.
All that said, I agree with Kathy that it is ridiculous that there is only one woman blogger at the Atlantic. I nominate Great Satan's Girlfriend!
The WSJ is asking "top political and business leaders" the following question: "How would you spend $10 billion of American resources over the next for years to improve the state of the world"? Two such top dogs gave their views in today's paper:
This is a great era for fiction. Here is at least some of what I've been reading over the summer.
In the greatest Scottish victory since Robert the Bruce defeated the British at Bannockburn, Andy Murray (the best looking Scot in all of human history) defeated Serbian punk Novak Djokovic 7-6 7-6 to win his first Masters Series event ever.
There's a new chapter in the Book of Revelations and the NY Times is kind enough to print it for us. It turns out that the problem with our government's response to the housing crisis to date is that it has not been nearly generous enough! Really, I am not making this up. I will let the Prophet Peter Bernstein (PPB) tell it in his own words:
I think he may just be trying to get a rise out of me because I often mock his beloved Beatles, but in his post about Ohio, the Lebron James of bloggers says:
Roger Federer has been #1 for 235 weeks. However, since Rafa Nadal beat him on clay in the French and grass at Wimbledon, a lot of people (including me) consider him the "real" #1. Now though Nadal is poised to take over the official top spot as well. Federer lost in the 3rd round of the Master's series event in Cincinnati at the hands of serving machine Ivo Karlovic. If Nadal wins the tournament, he gets the top ranking. In one of the small injustices that plague modern tennis, Federer lost the match without ever having his serve broken (and having broken Karlovic's). Rafa next plays Lapentti (I'm penciling Nadal in for the W) and then the winner of the match between rising start Ernests Gulbis and Serbian punk Novak Djokovic. In the other half of the draw lurks Andy Murray, the best looking Scotsman in all of human history! Have I mentioned that I like tennis?