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	<title>MacroFinance &#187; miscellaneous</title>
	<link>http://blog.arnavsheth.net</link>
	<description>Reality-based macroeconomics, finance and more.</description>
	<lastBuildDate>Thu, 29 Jul 2010 00:04:53 +0000</lastBuildDate>
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		<title>Walgreen&#8217;s Buys a Small Chain</title>
		<description><![CDATA[And not one of those cheap chains either. Walgreen&#8217;s buys Duane Reade. Here&#8217;s The Curious Capitalist on the issue: Duane Reade was a ratty little downtown cut-price operation until management decided that the key to drug retailing isn&#8217;t service—theirs was awful — but location. In the great space race of the last decade Duane Reades [...]]]></description>
		<link>http://blog.arnavsheth.net/2010/02/18/walgreens-buys-a-small-chain/</link>
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		<title>RIP J.D. Salinger</title>
		<description><![CDATA[J.D. Salinger, author of such classics as Catcher in the Rye and Franny and Zooey, has died. Mr Salinger died of natural causes at the compound in New Hampshire where he had hidden from view since 1953, declining attempts to turn his novels into films, refusing to repackage his short stories in anthologies, deterring biographers [...]]]></description>
		<link>http://blog.arnavsheth.net/2010/01/28/rip-j-d-salinger/</link>
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		<title>Don&#8217;t Do It!</title>
		<description><![CDATA[Don&#8217;t get a Ph.D. in the humanities, that is. Unless you fulfill one or more of the following criteria: You are independently wealthy, and you have no need to earn a living for yourself or provide for anyone else. You come from that small class of well-connected people in academe who will be able to [...]]]></description>
		<link>http://blog.arnavsheth.net/2010/01/08/dont-do-it/</link>
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		<title>Happy New Year</title>
		<description><![CDATA[I know there are a few regulars (thanks, mom!), so welcome to the new year, the new theme and the new name. I&#8217;m trying to get trendy here (is that even possible?). Happy New Year to all. addthis_url = 'http%3A%2F%2Fblog.arnavsheth.net%2F2010%2F01%2F08%2Fhappy-new-year%2F'; addthis_title = 'Happy+New+Year'; addthis_pub = '';]]></description>
		<link>http://blog.arnavsheth.net/2010/01/08/happy-new-year/</link>
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		<title>The Real Exchange Rate: Two Handouts</title>
		<description><![CDATA[I think I have discovered (thanks to several students who pointed it out to me yesterday) the source of the confusion that is causing you a lot of consternation. The problem lies in the notation of the real exchange rate. Specifically, it seems that the text book and the study guide use a notation that [...]]]></description>
		<link>http://blog.arnavsheth.net/2009/02/06/the-real-exchange-rate-two-handouts/</link>
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		<title>Welcome Spring 2009 Students</title>
		<description><![CDATA[I notice some of you have already been frequenting the site. I hope that you find something of interest here. I&#8217;ve uploaded some resources onto the site already &#8211; this includes the syllabus, the rough course schedule and this week&#8217;s lecture slides. As I mentioned in class, the slides are just a skeleton to follow [...]]]></description>
		<link>http://blog.arnavsheth.net/2009/01/21/welcome-spring-2009-students/</link>
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		<title>Who Said Macroeconomists Can&#8217;t Run Experiments?</title>
		<description><![CDATA[Last week&#8217;s Economist talks about the virtues of using randomized trials to answer macroeconomic policy questions. Randomized trials are similar to drug trials, where you select a random group of people to test an idea along with a control group on which you test something else. They talk about an experiment done in western Kenya, [...]]]></description>
		<link>http://blog.arnavsheth.net/2008/06/24/who-said-macroeconomists-cant-run-experiments/</link>
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		<title>After All, Maybe Money Does Buy Happiness?</title>
		<description><![CDATA[By Aaron Ordower In last week’s NY Times David Leonhardt discusses a new study published by the Brookings Institute which refutes the Easterlin Paradox which stated that money doesn’t necessarily lead to more satisfaction. See Arnav’s earlier post for more on this perspective. The study’s authors looked at a number of new studies in the [...]]]></description>
		<link>http://blog.arnavsheth.net/2008/05/04/after-all-maybe-money-does-buy-happiness/</link>
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		<title>Pathetic</title>
		<description><![CDATA[Stephen Hadley, the National Security Adviser, was on ABC&#8217;s This Week with George Stephanopoulos. Apparently, he doesn&#8217;t know the difference between Nepal and Tibet. Discussing how Bush has &#8220;no reason not to go&#8221; to this summer&#8217;s Olympic games in Beijing and how boycotting them would be wrong, Hadley discussed the outcry over Tibet and the [...]]]></description>
		<link>http://blog.arnavsheth.net/2008/04/19/pathetic/</link>
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		<title>Happiness is&#8230;a Higher GDP</title>
		<description><![CDATA[Several have argued against using the GDP as a measure of economic well-being. Starting with the Bhutanese king&#8217;s suggestion of measuring Gross National Happiness, to the UN&#8217;s Human Development Index up to some economist&#8217;s suggestions of measuring garbage production as a measure of well-being. The French president seems to feel strongly about it, and is [...]]]></description>
		<link>http://blog.arnavsheth.net/2008/04/15/happiness-isa-higher-gdp/</link>
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