Monthly Archives: December 2012

New Year’s Eve

As Strauss wrote: My dear guests, all of you however humble your station in life can join me in a toast to a true aristocrat. I give you the king of all wine: champagne! The liquid gold of France is … Continue reading

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Happy New Mayan Cycle

Today, the Mayan “long count” calendar moves into its next Pikta. So, Happy

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Shedding Some Light on Skill-Biased Technological Change

One of the ongoing trends in manufacturing is the continuing and increasing need for workers with more computer skills as manufacturing becomes more and more about machines making machines. This trend often confronts us in unexpected ways. One way it … Continue reading

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Uncertainty

I’ve been thinking a lot about uncertainty recently – how it’s used in economics as jargon and how most people consider it. My own particular thoughts have focused on how people seem to avoid uncertainty, not by taking precautions for … Continue reading

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What A Swell Party This Is…

Have you heard, it’s in the stars Next Friday, we collide with Mars…

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Reading the Tea Leaves

Kimberly Strassel has a column in the WSJ that I find truly confusing. Here’s the key quote: So, that Obama ‘victory’: On Jan. 1, the president gets to give a news conference gloating over his tax win. He then faces … Continue reading

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