We are live at Project Syndicate: John Stuart Mill vs. the European Central Bank: One of the dirty secrets of economics is that there is no such thing as “economic theory.” There is simply no set of bedrock principles on which one can... Sigue leyendo

The president's "snubbing of those who made him what he is" may be costly: Curbing Your Enthusiasm, by Paul Krugman, Commentary, NY Times: Why does the Obama administration keep looking for love in all the wrong places? Why does it... Sigue leyendo

What to do in Buffalo?  Yes, we are going there voluntarily.  Please feel free to include the Canadian side of Niagara Falls in your answer.  Furthermore, how long does the drive take, crossing the border from one place to the other? As always, I ... Sigue leyendo

Barry Eichengreen, Peter Temin, 30 July 2010The world economy is experiencing tensions arising from inflexible exchange rates – particularly the dollar-renminbi peg and the Eurozone. Drawing on lessons from the gold standard, this column points ou... Sigue leyendo

El Comité de Lugares Patrimonio de la Humanidad ha retirado a las Islas Galápagos (Ecuador) de la lista de lugares patrimonio en peligro, en contra de la posición de la Unión Internacional para la Conservación de la Naturaleza (UICN) que no quer&... Sigue leyendo

En esta segunda parte del post quiero añadir al anterior haciendo tres críticas a los tests de estrés. Como señale en el post anterior y también apunta Luis, se ha optado por una recapitalización ajustada del sistema financiero Europeo lo cual pon... Sigue leyendo

* 60. Crimen y castigo. Fiodor Dostoyevski. El primer libro gordo que me acabo en el Papyre (desde navidad). No está mal como experiencia, pero la tecnología tendrá que mejorar. (10)59. Jesús, el profeta judío apocalíptico. Bart Ehrman. Claro como... Sigue leyendo

New research on the value of kindergarten teachers is remarkable.  In fact, it seems a bit hard to believe.  If kindergarten teachers matter as much as this new research suggests, then you would think that parents would have a&n... Sigue leyendo

I apologize for two typos in my last post on extending unemployment insurance.Toward the end it should read "4.5 million persons were hired in May 2010"At the end of my post I inadvertently included some statistics on the voting on this ... Sigue leyendo