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I never realized that the routine behavior of central banks provides a simple, seemingly risk-free way for commercial banks to make money, at least in the eurozone (I wonder if this system is as easy to game here in the US). Basically, money just grows on trees for them. Simon Johnson, MIT econ professor and [...] Also quite funny, see here. You can find the latest rankings for biostatistics/statistics departments here. The University of Washington Biostat department placed 3rd overall, while UW Stat placed 6th. However, if you restrict the list to statistics departments only (taking biostat departments out of contention), UW Stat is 3rd, behind only Stanford and Berkeley. Out of the biostat departments, UW [...] I have always thought that if the federal government’s fiscal situation causes this country to go down the tubes, I could always immigrate, perhaps to India, where I imagine I would be welcome and where the standard of living will almost certainly increase. Of course, by many measures, the standard of living in the US [...] David Stockman, an OMB director under President Reagan, wrote a lengthy, but worthwhile, piece in Politico this week, blasting the Washington, D.C., establishment for creating a disastrous fiscal mess. He is pessimistic about our ability to get out of it, and I am increasingly coming to the view that some kind of fiscal and financial [...] As I like to say, in the context of political discussions, when people talk about the “rich”, they are generally referring to “people who make more than I do.” The term “the rich” means what people want it to mean, which perhaps means that it has lost much of its meaning. For those who think [...] I woke up between 11:30-12, soon after I had gone to sleep last night, to hear a fireworks show that lasted for what seemed an hour. I could hear people screaming/cheering and police sirens coming from nearby in the University District of Seattle, where I live. For a while, I was also somewhat scared because [...] Writing books about the Obama Administration is a lucrative business for journalists, particularly those who can get inside access. From the Washington Post: When it comes to pursuing sources, the authors who work for major news organizations have a key advantage. They are in regular touch with Obama aides for their day jobs and can obtain [...] While searching for an unrelated book on Amazon, I realized that after typing in the letters ‘at’, the first suggestion that came up was ‘atlas shrugged’. With ‘fou’, ‘fountainhead’ is the ninth suggestion. ‘ay’ yields ‘ayn rand’ as the first choice. ‘milt’ yields ‘milton friedman’ as #1. This inspired me to try this on Google. ‘ay’ [...] |
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Copyright © 2012 Amol Kapila - All Rights Reserved |
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