Category Archives: Politics

A FRENCH PROPOSAL TO PROSCRIBE DISCRIMINATION BASED ON PRONUNCIATION.

A FRENCH PROPOSAL TO PROSCRIBE DISCRIMINATION BASED ON PRONUNCIATION. In this post, I reported on French efforts to have uniform words for new computer-related activities. In the post, I quoted a French official who said: “Language is what brought this … Continue reading

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A REBELLION BY ECONOMISTS AGAINST CLEAR COMMUNICATION?

A REBELLION BY ECONOMISTS AGAINST CLEAR COMMUNICATIONS? Make of this what you will. After the 2016 article, Romer gave up his position as manager of the research department at the World Bank. This article by Andrew Mayeda at the Bloomberg … Continue reading

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ROMER’S VIVID WRITING ABOUT MACROECONOMICS.

ROMER’S VIVID WRITING ABOUT MACROECONOMICS. The joint Nobel Prize to Romer is a little surprising because Romer is a fierce controversialist and must have made many intellectual enemies. I posted here about Romer’s 2016 article which began by saying about … Continue reading

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WILLIAM NORDHAUS AND PAUL ROMER HAVE WON THE NOBEL PRIZE IN ECONOMICS.

WILLIAM NORDHAUS AND PAUL ROMER HAVE WON THE NOBEL PRIZE IN ECONOMICS. Tyler Cowen at Marginal Revolution has good short summaries of the careers of Nordhaus and Romer. I have posted several times on Romer, never on Nordhaus.

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FAMOUS PLAYERS.

I am astounded by the number and importance of present and former Players. Wikipedia lists: Samuel Clemens (Mark Twain), Brander Matthews, George M. Cohan, William Astor Chanler, Eugene O’Neill, James Cagney, Gregory Peck, Alfred Lunt, Robert M. McBride, Walter Cronkite, … Continue reading

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ENFORCING THE LAW IN NEW YORK IN 1968.

ENFORCING THE LAW IN NEW YORK IN 1968. When I moved to New York about fifty years ago, another young lawyer, who had lived in or near New York City all his life, gave me some background information on how … Continue reading

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WHY DON’T LOCAL GOVERNMENTS RAISE THE PRICE OF PARKING TO GET RID OF CONGESTION?

WHY DON’T LOCAL GOVERNMENTS RAISE THE PRICE OF PARKING TO GET RID OF CONGESTION? I have posted several times about my first lesson in economics, I repeat it often: “There is no shortage of parking in Evanston. The problem is … Continue reading

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A FORESHADOWING FROM 2007 OF THE FATE OF THE VENEZUELAN ECONOMY.

A FORESHADOWING FROM 2007 OF THE FATE OF THE VENEZUELAN ECONOMY. I posted here on February 17, 2007 about the price control policies of the Venezuelan government. The caption of the post was: “THERE IS NO SHORTAGE OF FOOD IN … Continue reading

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EGGS AS MONEY.

EGGS AS MONEY. The Buttonwood column in the Economist (July 21, 2018) reports that not only is the inflation rate in Venezuela “in the tens of thousands” but that an “egg economy” is emerging as one replacement for paper and … Continue reading

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A HYPERINFLATION PREDICTION FOR VENEZUELA FROM TEN YEARS AGO.

A HYPERINFLATION PREDICTION FOR VENEZUELA FROM TEN YEARS AGO. Over ten years ago (on March 16, 2007), I posted here about Venezuela’s policy at that time of imposing price controls in a period of inflation. I said that imposing price … Continue reading

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