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    Well That Didn’t Last Long

    October 15, 2013

    Why does the media get so worked up over every little move in Washington? It seems to have a desire to create news from each and every breath rather than taking a longer term look at things. Today is no different. Overnight the presses were stopped pending news of a “breakthrough” in negotiations over the […]

    Commentary / austerity, fiscal cliff, government spending, Obama, Republicans /

    Civil War – The Rise of The South

    October 15, 2013

    I mean seriously. The details of a deal being brokered in the Senate to end both the debt ceiling hostage taking and the government shut down by the Republicans are, to say the least, pitiful. The “deal” would re-open the government until January 15th next year, and would lift the debt ceiling until next February. […]

    Economics / Case-Shiller Index, economic theory, Fama, Shiller /

    The Fama Quasi-Nobel: Posthumous Award for EMH?

    October 14, 2013

    They’re kidding, right? Nope. They mean it. What’s really weird is that he splits the award with Robert Shiller and some guy called Hansen who is an econometrician and thus unintelligible and largely irrelevant to sensible discussion of the economy. Back to Fama and Shiller: there are a few ways to deal with this. Take […]

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