Prospect for interest rates
The headlines all warn that core inflation "remains high" and that the futures market is predicting a 78% chance that the RBA will increase rates...
Google’s doodle boo boo?
Google removes Aboriginal flag from winning Doodle 4 Google entry Last year 11 year old Jessie Du won Google's Doodle 4 Google competition with her...
Hugging the local optima: Two superstars lament “our technology-rich and innovation-poor modern world”
Two apparently unrelated articles by superstars of the 1980s and 90s in their respective fields which share a common theme - the market's aversion to...
The public goods of Web 2.0
One thing I've been at pains to stress is that Web 2.0 platforms - like Wikipedia, Blogger, Google Search, Google Calendar, Facebook - are public...
Couldn’t have put it better myself: given how little we know, we could do with less certainty
As we lurch from one disaster to another, I think Mark Thoma quoting Chris Blattman, hopping into David Brooks gets it exactly right. Chris Blattman:...
Quantifying Institutions 3 – A glimpse of a glimpse?
In the first post in this series I talked about recent empirical work on institutions and development and the problems I had with the use...
Vigilance against violence
Down here in Victoria (well I'm not there right now but will return in late Jan) things have turned nasty as the Indian Government keeps...