Monthly Archives: January 2012

Why Tie to Gold? Why Not 1982 Bordeaux?

The University of Chicago IGM Economic Experts Panel, a group of economists spanning the ideological spectrum, was asked this week whether they agreed with a statement regarding the gold standard: If the US replaced its discretionary monetary policy regime with a gold … Continue reading

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Why America Losing Out on iPhone Work Isn’t That Big a Deal

Today’s must-read article in the New York Times is Charles Duhigg and Keith Bradsher’s piece on why the iPhone isn’t manufactured in America.   The article starts off lamenting the relatively few jobs that Apple has created in America compared … Continue reading

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Does Dylan Ratigan Want to End the Fed?

Noam Scheiber wrote about what sounded like a pretty crazy idea in Dylan Ratigan’s new book on Tuesday: derivatives should be classified as online gaming and naked derivatives should be “deemed null and void.”  I wasn’t even really sure what … Continue reading

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There’s No Such Thing as a Free Hedge

Matt Yglesias had an interesting post last week on Starbucks’ impending price increase: The fact that Starbucks is poised to raise coffee prices in most American markets is not all that interesting, but the underlying cause is. Basically last year … Continue reading

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The Limits of Intrade

Reporters, bloggers and political junkies love to cite prices on Intrade as indications of the true state of the Republican primaries.  It’s understandable why–Intrade often gives a much clearer picture of each candidate’s chances than polling or political commentary.  But … Continue reading

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