Archive for December, 2009

Thursday, December 10th, 2009

Keynesians are reality deniers

Is Keynesian Stimulus Working?:
By Chris Edwards
In his Brookings Institution speech yesterday, President Obama called for more Keynesian-style spending stimulus for the economy, including increased investment on government projects and expanded subsidy payments to the unemployed and state governments. The package might cost $150 billion or more.
The president said that we’ve had to “spend our way [...]

No Comments » - Posted in Beliefs by Joe White

Wednesday, December 9th, 2009

Does CRA Undermine Bank Safety?

Does CRA Undermine Bank Safety?:
By Mark A. Calabria
A recent policy forum here at Cato discussed the role of the Community Reinvestment Act (CRA) in the financial crisis. While the forum focused on the federal push for ever expanding homeownership to marginal borrowers, the analysis did not touch directly upon the question of whether CRA [...]

No Comments » - Posted in Random News by Joe White

Monday, December 7th, 2009

Mathematically Correct Breakfast — Mobius Sliced Linked Bagel

Mathematically Correct Breakfast — Mobius Sliced Linked Bagel:
Mathematically Correct Breakfast
How to Slice a Bagel into Two Linked Halves
George W. Hart

(h/t boingboing)

No Comments » - Posted in Dining by Joe White