AEA ROUNDUP….Brad DeLong makes a conference of economists sound fun. More fun than a software conference, anyway.
HOW TO QUOTE IN CONTEXT….AND HOW NOT TO….Via Ken Layne, I read this AP story about a reporter for the Tallahassee Democrat who got in trouble for some intemperate language: Political writer and columnist Bill Cotterell, in an e-mail exchange, wrote “Except for Jordan and Egypt, no Arab nation has a peace treaty with Israel…. Read more »
A BLAST FROM THE PAST….I was looking through some old files a couple of days ago and found this, written in those halcyon pre-Monica days of 1997: Can somebody please explain to me why, after several weeks, there’s still such a fuss about Bill Clinton letting big campaign contributors spend the night at the White… Read more »
DOUBLE TAXATION….Just a quick question: who came up with this lame nonsense about how the tax on dividends is unfair because dividends are taxed twice? I pay income tax on my entire income (being the honest Joe I am) and then when I go out to buy stuff I pay sales tax from the income… Read more »
WHO’S YOUR FAVORITE PHILOSOPHER?….This is getting silly. Are we now going to ask all of our presidential candidates who their favorite philosopher is? You gotta give George Bush credit, though, for answering “Jesus Christ” during the 2000 debates. After he dropped that tactical nuke on his fellow Republicans, you either had to mumble something along… Read more »
SLEEPING WITH THE ENEMY….Via Roger Ailes, I learn that Attorney General John Ashcroft is a Simpsons fan. Damn. Does that mean I can’t watch any more?
WEEKEND THOUGHTS ABOUT NORTH KOREA….I’ve had a hard time getting my arms around the North Korea situation, probably for the same reason as a lot of other people: there’s precious little hard evidence about what’s really happening on the ground. So I’m just going to talk out loud here as a way of trying to… Read more »
REST IN PEACE….Jeanne d’Arc just won the Koufax Award for best lefty blog writing, but four days into the new year she’s already got strong competition for the 2003 award. Barry Deutsch talks about his dog Chelsea today, and by the time I was finished my eyes were misting over. It’s a great tribute and… Read more »
SMALLPOX AND PROSPECT THEORY….One of my favorite economic playthings is Prospect Theory, which won a Nobel Prize for its inventor, Daniel Kahneman, last year. (Its co-inventor, Amos Tversky, died in 1996, and therefore wasn’t eligible.) One of the key elements of prospect theory is something called framing effects: the way we react to risky decisions… Read more »
JURY DUTY….Dwight Meredith, riffing on my post about jury duty yesterday, asks a good question: why are so many people convinced that when their friends and neighbors serve on juries they suddenly go nuts and start handing out huge bundles of cash in frivolous cases? As Dwight points out, we are all convinced that we… Read more »