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Econ 1: Spring 2012: UC Berkeley: Announcements for Monday January 23, 2012

First Essay “Intro to GSI” due at start of next section... One more week to do problem set 1... iClicker points will start for real next Monday... Econ 1 §106 REASSIGNED TO 156 DWINELLE... (original story)

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Chicago Macro: Yet Another Soft Bigotry of Low Expectations Post

I really, really wish Karl Smith would not do this… Karl Smith writes: Cochrane, Krugman, Lucas, Wren-Lewis and Sumner: A Very Short Interpretation « Modeled Behavior: I think the response to Cochrane and Lucas should go like this: "When the government raises taxes to fund additional sp... (original story)

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Behavioral Relationships, Equilibrium Conditions, Accounting Identities...

it turns out in economics to be remarkably hard for lots of people to distinguish between: behavioral relationships--things that tell you how people will change their behavior to respond to changes in the economic environment and economic policy; equilibrium conditions--things that tell you wh... (original story)

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Links for 2012-01-24

Capital inflows, exchange-rate flexibility, and credit booms - Vox EU The State of Our Disunion - Robert Reich Economic uncertainty is no excuse for inaction - Larry Summers Journals Serving as Tombstones 学术期刊只是墓碑 - DannyQuah Racial Attitudes a Powerful Predictor of Obama Vote Pref... (original story)

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Quote of the Day: January 23, 2012

"Nixonland: it is the America where two separate and irreconcilable sets of apocalyptic fears coexist in the minds of two separate and irreconcilable groups of Americans." --Rick Perlstein, Nixonland: The Rise of a President and the Fracturing of America (original story)

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Econ 1: U.C. Berkeley: Spring 2012: Lecture Files for January 23, 2012

Econ 1 Files for January 23, 2012: Lecture Powerpoint Lecture pdf Lecture epub Lecture audio (original story)

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"Blacks Face Bias in Bankruptcy"

Sometimes, looking at raw statistics, e.g. rates of bankruptcy across variaous groups, is not enough to tell the full story: Blacks Face Bias in Bankruptcy, Study Suggests, by Tara Siegel Bernard, NY Times: Blacks are about twice as likely as whites to wind up in the more onerous and costly for... (original story)

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Some new books in my pile

I am learning a good deal from Stephen Bainbridge’s Corporate Governance After the Financial Crisis: There seems little doubt that the monitoring model has influenced board behavior.  In 1995, only one in eight CEOs [of those stepping down] was fired or resigned under board pressure.  By 200... (original story)

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Liveblogging World War II: January 23, 1942

The Red Army encircles its first (small) group of Nazi soldiers in the Kholm pocket: Kholm Pocket - Wikipedia, the free encyclopedia: The Kholm Pocket (German: Kessel von Cholm; Russian: Холмский котёл) was the name given for the encirclement of German troops by the Red Army arou... (original story)

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Have we reached peak TV?

Probably not, but right now American ownership is going down: The Nielsen Company announced the 2012 Advance/Preliminary TV Household Universe Estimate (UE) is 114.7 million, down from 115.9 million in 2011. Marking the first integration of the 2010 Census counts, the 2012 UEs reflect an aging popul... (original story)

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