Category: miscellaneous

Happiness is…a Higher GDP

Several have argued against using the GDP as a measure of economic well-being. Starting with the Bhutanese king’s suggestion of measuring Gross National Happiness, to the UN’s Human Development Index up to some economist’s suggestions of measuring garbage production as…

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Not The Equity Risk Premium

Over at Crossing Wall Street, they’ve charted returns on long-term corporate bonds with returns on stocks. They find that the two are quite similar: What I find interesting is that the spread between the returns of stocks and bonds really…

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A Penny Saved Is 2.5 Pennies Earned

Speaking of monetary policy and seigniorage, we all know that when the government decides to print money, it reduces the real value of money. But what if the value of the money that it prints is worth more than the…

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Hello, Can I Have Your Baby For You?

If you’re not up to reproducing (or, in the case of same-sex couples, if you can’t): Fear not. You can – for the low, low price of $25,000 – buy a child that was born from a surrogate mother through…

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Oil Price Breakdown: $25 For Blackening

After today’s depressing news we need some cheering up. From last night’s Daily Show with Jon Stewart, here’s Aasif Mandvi breaking down oil prices for the uninitiated, after the news that oil prices were at an all-time high. PS: They’ve…

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India’s Billionaires – Daddy’s Boys

It’s no secret that the BRIC (Brazil, Russia, India, China) countries have a much larger representation in the Forbes world’s billionaires rankings. What’s more interesting is the origination of the Indian billionaires’ wealth (four of the top eight billionaires were…

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Tata’s Nano In Geneva

The Indian Press coverage of the Nano is borderline sycophancy, and wholly inaccurate. The headline was ‘Tata’s Nano: High-end version to hit Europe’: At the unveiling, Mr Tata said that the top-end variant on display could find its way to…

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A Nice Graph

Friday’s New York Times has a nice graph that describes movies in terms of their box office receipts and longevity. The height is a measure of weekly box office receipts, and the width is in time. So the movie which…

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