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These sorts of positive externalities must be supported and maintained! Via Greg Mankin .
A pretty amazing reshaping of the landscape of Wall Street occurred during the weekend. Major finance bank Merrill Lynch was forced to sell itself for a cool $50 billion and another, Lehman Brothers, filed for bankruptcy. Both have lost huge amounts of money from bad debts. They lent money to people who never had the means to pay it back. This American Life has a great non-technical and entertaining...
A little old but this video feels somewhat topical at the moment Armature armchair analysis: A three-quarter percentage point rate cut with inflation high and rising. Stagflation anyone?
Made by the students of the Columbia Business School , this hilarious spoof "Every Change of Rate" features a man lamenting missing out on the Chairmanship of the Federal Reserve to the tune of "Every breath you take". Glenn Hubbard, Dean of the Columbia Business School, was rumored to be on the shortlist for the position which makes the whole thing even better. Here's a sample: "First you move your...
Apple’s announcement and release of Boot Camp , a utility allowing the dual booting of Windows on Intel-based Mac hardware has certainly caused quite a stir , and for good reason. These are some thoughts on what Boot Camp will mean for those with a proclivity for one button mice and grayscale images. In particular, the effect of Mac users increased accessibility to Windows software on Mac developers...