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Category Archives: Economics

Education Debts

In response to Myshele Goldberg’s article The Real Tragedy of Student Debt, I cannot help but shake my head. The author complains of an education debt totalling a whopping $70,000. She points out, reasonably, that this is no way to start a working life. No shit, Myshele. I quote:
Yet I made my choices based on [...]

Jane Jacobs

Jane Jacobs died today and I’m sorry to see her go. I probably can say anything about here book “The Death and Life of Great American Cities” that hasn’t already been said, but I will try. For me, the book is about two things; how the ‘experts’ can get everything wrong and how a astute [...]

Bad Joke

Did you hear about the Jihadist school of economics?
Their prime concern is defending IS-LM.
 

Fact-Checking Government Statistics

John Williams’ Shadow Government Statistics is a monthly newsletter which provides alternative analysis of government statisitcs. The newsletter itself costs a steep $175.00/year, so I won’t be subscribing. However, he provides some interesting notes on the structure and flaws in reporting of unemployment, federal deficit, consumer price index, and gross domestic product. Granted, if you [...]

Introductory Economics

R. Preston McAfee, who teaches at Caltech has already had a pretty extensive and busy career, so I don’t know how exactly he found the time to author a textbook as well. His book, Introductory Economics is quite good and is an excellent reference even for those who already have a basic background in economics. In [...]