The Grand Game: Internet Gambling
Lots of good stuff here. Two Words: Barney. Frank.
Play!
(Nod to the Chelsea, who is tall, lovely, and smart. Okay, she's not tall.)
Labels: regulation, The Grand Game
Credibly promising to be irresponsible...since 2004!
Lots of good stuff here. Two Words: Barney. Frank.
Labels: regulation, The Grand Game
The talented and lovely Agnes posts this video:
Dancing Pigeons - Ritalin from Blink on Vimeo.
Labels: he's from Florida, music
Great post from some guy calling himself "Baruch" on the awesomeness of equities.
aka end of life counseling in Atul Gawande's brutal but eloquent essay in the New Yorker.
Labels: a change is gonna come, health care
Christopher Hitchens has a great post on Hugo Chavez's unseemly man crush on the cadaver of Simon Bolivar.
Labels: mixed nuts, Monroe Doctrine, show me what you got
Apparently, Shaq does not want to take a "reasonable" salary to play on a decent NBA team and is threatening to take his immense talents to Europe!
Labels: financial puzzles, free advice, Karma
This is almost unbelievable. I won't even cherry pick. Y'all go ahead.
Labels: regulation, The Grand Game
People, the man who made me like the pedal steel guitar has passed away at 73 years of age.
Mr. Overwater sends this link: Campus Map Image.

Labels: academic politics, humor
Random observations from the last two weeks...
Labels: air travel, Chile
People! LeBron may have exited the playoffs early, but he pwnd champion Lamar Odom in a dance off at the Palazzo (right across the street from us) last weekend:
Labels: americana, an appreciation, arbitrage in a basketball economy, epic win
Now I know Coach K is a genius, and I know that a lot of the big stars opted out, I know that it's only the FIBA World Championships, and I know about the trapezoid.
Labels: arbitrage in a basketball economy, dookies, Robin Ficker
The EYM and I left Santiago last night at 8 pm, on time. Each of us had a row to ourselves. That's the most I have ever slept on an airplane, probably five of the nine hour flight, maybe a little less.
Labels: air travel, Chile
People, here at Chez Angus we are on a campaign to remove clutter. Target #1 is our CD collection.
Labels: music, natural selection, WWAD?
As we settle into the aftermath of the death of the "climate bill", it is worthwhile I think to consider the effectiveness of another government program designed to reduce carbon emissions, the ethanol program.
Labels: Doin' It Wrong, epic fail, inside the sausage factory
The State of Arizona has taken down their automated speeding ticket cameras. This despite an initial argument that it increases safety and only enforces that law with a 10 mph cushion above the speed limit. The State failed to see the unintended consequenses. So after paying 20 million to put up the cameras, the Arizona Politicians are now realizing the huge cost in time that they were imposing on their drivers by making them slow
Labels: transportation, We get letters
Lots of Peruvians in Chile. And lots of Chilenos like to go to Peruvian restaurants. We have been to several, but two were remarkable. I recommend them.
I was amused. Best sign: "How the *&%$ do magnets work?" or maybe "All glory to the Hypno-Toad!"
Labels: political theatre, pomposity
One of the last things we did in NY was hoof it down to Chelsea and visit one of my favorite galleries of all time, Cavin-Morris.
The EYM was a bit bored with my stay at home ways. We had an early supper (5:30, which is at least 3 hours before dinnertime here), and I was ready to start reading stuff for the evening.

Labels: coach em up
Guest column: The EYM on crutches, bravely heading out into the night.
Labels: Chile, We get letters
Some time ago, Las Condes (a municipality in Santiago) decided to widen a road near UDD, where I am hanging out. The road wasn't THAT busy, but they thought it would be useful to widen, for some reason. (Maybe the contractor was a big supporter of an elected official, whatever). The widened road now looks like this:
Labels: Doin' It Wrong, There's Yer Trouble
Baby, it's cold outside.
Rob Jenkins is kind enough to say he builds on an idea I had. But in fact his conception is quite a bit better, and more clear, than mine.
Labels: articles to read
The Grand Game, in Raleigh!
Labels: regulation, The Grand Game
In a searing and tremendous essay in Guernica, Susie Linfield pretty much argues exactly that. This is a must read, people, though it's brutal at parts.
Labels: justice
Leamer has a fantastic essay in the Spring 2010 Journal of Economic Perspectives (ungated version here) reacting to Angrist & Pishke's semi-triumphalist piece on the "revolution" in applied econometrics. My favorite part, reproduced below, hits on something I complain about to my students all the time, namely the practice of eschewing any attempt to obtain more accurate point estimates in favor of using confidence intervals that only have an asymptotic justification despite having a decidedly finite sample. Anyway, I'll just shut up and let Ed preach it:
Labels: applied statistics, epic win, tell it like it is
So now the administration is falling all over itself to apologize and offer another job to the woman they were falling all over themselves to fire, like, one day ago?
Labels: how to make it in America
I finally got a Kindle! And I like it. It's so ez to use. You can control the font size. It's ergonomic.
Labels: old dog, old tricks
Now the ratings agencies don't want their clients to use the ratings they get!
Labels: behavioral economics, financial puzzles, inside the sausage factory
Last week, we went over to Valparaiso and had a nice lunch with Diputado Ernesto Silva, a an elected member of the Camara de Diputados. We ate in the private dining room of the Diputados, way up high in the Congress building, overlooking the harbor. Breathtaking.
SC2. July 27.
Labels: computer games
Jedi census.
Labels: political theatre
Man, we had a great day yesterday in NY. Saw "The secret in their eyes", at Angelika, had terrific tacos and grilled elote at The Corner Deli in SoHo and then topped off a great trip by seeing Calexico play at the City Winery.
Labels: air travel, The Arts
Very nice day, visiting Adolfo Ibanez University. More on that soon.
Commerce Clause? Nah, we was just funnin'. It was a tax increase all along. Surprise!
Labels: health care, justice, regulation
Futbol! We went to see Colo-Colo. Big. After about 20 minutes, I wanted to buy a CD of their fan-songs, so I could burn it. I am not a Colo-Colino, it appears. Still, beautiful. Here was the view from our seats (click on picture to embiggen).
Labels: Chile, people and places, sports
Went to the Whitney Sunday afternoon to see the Gober curated Charles Burchfield exhibit. Fantastic! Highly recommended.
Labels: an appreciation, behavioral economics, The Arts


Labels: political theatre
People, I am so tired of hearing about how China's fixed exchange rate is ruining America. We don't need any help ruining America, we are doing it just fine all by ourselves.
Labels: Doin' It Wrong, let's get real, WWAD?
Kento sends two funny links about recycling, reusing, and using public transport. Not sure the authors thought they were funny. But they are.
Labels: recycling fail, the environment
Ate dosas here (2nd best dosa I ever had in the USA!).
Driving here seems pretty tough. VERY aggressive drivers, and the "informal" sector is large. Some vignettes.
It is true that most of us think that most people agree with us.
Labels: politics
Got another note from Kevin Lewis. He's on a roll. I reproduce the email, with emendation or comment.
Labels: politics, We get letters
As KPC friend Kevin Lewis notes, "What a great title!"
Labels: articles to read, Doin' It Wrong
Pat Riley and the Heat scored an unbelievable coup getting Wade, Bosh and James.
Labels: arbitrage in a basketball economy, relics from a different age
Juan Pablo drove us out to the Santa Rita winery today, near Buin, south of Santiago.
Labels: Chile, people and places
Your ring tone. This could be your RING tone. For free....
The economics job market may be going more paperless.
Labels: a change is gonna come, academia
Lots of the droolers on Fox News claim to be Libertarians. Glenn Beck, por ejemplo. Um... no. A deranged lunatic shovel murderer, perhaps.
Labels: good news, Libertarian Party, media
We all need a hobby. The EYM's hobby appears to be damaging himself.
Labels: he can't help it, OMG
Labels: economic policy, trade
Or Eating soup with a fork.
Labels: economic policy, epic fail
I am stuck underneath the Goethals bridge for the foreseeable future! Here though is a self-serving tidbit from USA Today:
Labels: fractions, labor markets
There is smog and fog this time of year down in the valley. But up here at UDD, it is beautiful, and usually sunny.


Labels: Chile, people and places
Your Congress at work....
Labels: Doin' It Wrong, Touch My Member
That's it, that's all I've got.
Labels: el beisbol
It is quite common, in winter, in Chile to see the sun only ... well... not.
Labels: food, transportation, under the bus
The house where the "Mungowitz Rape" never happened was torn down.
Tyler reviews a book on the rise and fall of Prohibition in the USA, which seems to argue that alcohol was a big problem before prohibition and that the policy "worked" in some sense of the word.
Labels: history
When I have a simple question, I rarely use Google, I just ask Mungowitz!Labels: epic win, etiquette, I love Twitter
Juan Pablo took us to an Argentine restaurant, "Don Carlos," for dinner. Three words: Tree. Men. Dos. Stupendo. Wonderful.

Labels: Chile, south america