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Economic Outlook: Review of Possible Downside Risks to Forecast

Last week I reviewed some possible upside surprises for my economic outlook for sluggish and choppy growth in 2010. The most likely upside surprise appears to be coming from consumer spending and the lack of an increase in the saving rate. I still think the saving rate will continue to rise - althou... (original story)

Benjamin Zander on Music and Passion

Benjamin Zander has two infectious passions: classical music, and helping us all realize our untapped love for it — and by extension, our untapped love for all new possibilities, new experiences, new connections. (original story)

NYPD Kisses the Blarney Stone After Ray Kelly Saves the Day

Photo: Daily NewsWe couldn't help notice that, while police information czar Paul Browne was seemingly chatting up every media outlet in town about his boss coming to the aid of a fallen pedestrian this week, we were adding two letters to our stack of NYPD freedom of information rejections.  ... (original story)

China's "Human Face" on Opposition to a Higher Yuan

According to USA Today, China's government tried to put a "human face" on its opposition to raising the value of the yuan by presenting the case of a small business owner who is worried that he will lose his workers to better paying employers if the yuan rises in value. Of course, this is not exactl... (original story)

Amazon Apologizes to Michael Lewis Over Kindle Flap

On Wednesday, I posted my disgust with the kindle fanboys trashing of Michael Lewis’ new book, The Big Short. I was surprised to hear from a number of literary agents who wrote to thank me for that. They have apparently been having all manner of issues with Amazon reviewers over the years, and... (original story)

The Rousseauian exodus

Life has come full circle for many Haitians who originally migrated to escape the grinding poverty of the countryside. Since the early 1980s, rural Haitians have moved at a steady clip to Port-au-Prince in search of schools, jobs and government... (original story)

The Mason-Dixon Line in Health Care Reform: Economists Edition

The WSJ Real Time Economics blog has posted the letters for and against the health care reform bill winding through Congress. The most interesting thing about the lists of signatories is the geographical divide. It was so interesting, I did a fast tabulation (so, don't quote me on it), and what one ... (original story)

The Letter by Lehman Whistle-Blower Matthew Lee

DealBook has obtained the May 16, 2008 letter sent by a Lehman Brothers senior vice president to the investment bank's management, complaining about accounting improprieties months before the firm's collapse. (original story)

Brain Drain

In response to High Tech Research Moves From U.S. To China, I received this Email from Mark N. ...Hello Mish,Great article about High Tech research moving to China.This, unfortunately, fits in with my personal observations.Many of my daughter's friends who are graduating college this year plan on be... (original story)

Questions that are rarely asked: why so many retired cops?

JIm Crozier, a loyal MR reader, asks: Why do cop movies and TV shows so often begin with an older (and often jaded) officer that is just about to retire? It is quite astounding how often this unrealistic plot trick... (original story)








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