Monthly Archives: February 2010

 Proposed power line would run from New England through New YorkAn Ontario-based company has announced plans for a major $3.8 billion, 355-mile transmission line that would link New York City and southern New England with Canadian hydroelectric and wind power … Continue reading →

  Quote A necessary try for IMF The appointment of Zhu Min, deputy governor of the Chinese central bank, as a special adviser to the head of the International Monetary Fund (IMF), highlights China’s increasing influence in the global financial … Continue reading →

Mitt Romney’s health care hypocrisy – On Real Time With Bill Maher last night, Financial Times editor Chrystia Freeland made the point (I’m not getting this word for word) that Republicans have every right to declare they oppose any kind of … Continue reading →

 Why We Don’t Have Hyperinflation Even Though The Fed Has Printed $1 Trillion – So Where’s the Inflation? Now for a series of graphs. First, let’s look at the Adjusted Monetary Base (or M0). This is the one monetary aggregate that … Continue reading →

 The elasticity of natural disaster deaths with respect to income – Matt Kahn has a good paper (and here) on this topic: Using a new data set on annual deaths from disasters in 57 nations from 1980 to 2002, this paper … Continue reading →

  Quote Farnam Street: Sin TaxEpstein and colleagues simulated a grocery store, "stocked" with images of everything from bananas and whole wheat bread to Dr. Pepper and nachos. A group of volunteers — all mothers — were given laboratory "money" … Continue reading →

  Quote Using Option-Based Contracts to Improve Health Outcomes In this new world, the medical op- tions market would be the dominant scheme of implementation. Options are financial instruments that con- vey the right, but not the obligation, to engage … Continue reading →

  Quote Probe: Did big U.S. banks contribute to the financial crisis in Greece? – washingtonpost.com The financial tumult now unsettling Europe came to Washington on Thursday, as Federal Reserve Chairman Ben S. Bernanke said that the federal government is … Continue reading →

  Quote Why We Don’t Have Hyperinflation Even Though The Fed Has Printed $1 TrillionThe economy grew in the fourth quarter by 5.9%, the most in years. The adjusted monetary base is exploding. Bank reserves are literally through the roof. … Continue reading →

  Quote BBC NEWS | Science & Environment | New evidence on Antarctic warming The continent of Antarctica is warming up in step with the rest of the world, according to a new analysis.  Scientists say data from satellites and … Continue reading →