Archive for November, 2008
As the financial debacle unfolds, bonuses (an otherwise practically ignored black box of the conduct of financial life) come to the forefront in scholarly discussions among all sorts of lab incentivists and management behavioralists (see for an example Dan Ariely’s recent NYT Op-Ed column and subsequent comments).
Well, maybe it’s time to advertise some sort of [...]
One traditional way of occupying the time between Election Day and the Inauguration of a new American President is to discuss the books the President-Elect might be reading in preparation for the New Job. Reports of books Obama is said to be reading abound. Doris Goodwin’s Team of Rivals: The Political Genius of Abraham [...]
We thought we were witnessing the nationalization of financial institutions, when in fact what is actually taking place is the financialization of the state. Last week George Osborne, Tory politician and still the likeliest candidate for Chancellor of the Exchequer in 2010, called for the state to act as a bank, directly offering loans and [...]
The term ‘unbanked’ sounds distinctly zombie-like. But it refers to the evidently 28 million Americans, heavily Latinos and African Americans, who don’t have bank accounts. Two very different articles that appeared in the New York Times Magazine of Nov. 9, 2008 tackled the question of ‘how do we find ourselves in this financial crisis’ by [...]
That’s a blatant call for research in social network analysis! Take this piece from Bloomberg news, draw some graph over the nodes in blue, match with some good old alumni database (ENA, Polytechnique, Mines, and the like) and you’ll get the sociological meaning of the word “viable” in the following quote:
“The fund won’t invest in [...]
Just one quick snapshot from the battlefield of the war for the financialization of everything. Here is a reputable scholarly blog on energy policy, and here is a recent interesting post by a guy who, after a short apology (about the provocative character of the message, given the nasty circumstances) advertises a book in which [...]
John K. Galbraith famously argued that in the United States the only respectable form of socialism is socialism for the rich. In today’s Washington Post, über-conservative George Will finds the latest series of “bail-outs” insufferable (“‘Socialism’? It’s Already Here”) and calls conservatives to confess their complicity and repent:
“In America, socialism is un-American. Instead, Americans merely [...]
Most people, even those who study and work at the LSE, tend to ignore — or find annoyingly cumbersome — the full title of the School which is ‘London School of Economics and Political Science’. One felt that it was inevitable that the implosion of economies being witnessed at present would have implications for a [...]
(OK, let’s not talk about that other thing today…) Count the West Nile virus among the few beneficiaries of the downturn in the housing market. According to a recent article in the journal Emerging Infectious Diseases (“Delinquent Mortgages, Neglected Swimming Pools, and West Nile Virus, California”, by William K. Reisen, Richard M. Takahashi, Brian D. [...]
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