Author's Archives

2
Sep

Foolproof Plan To Save The Economy: Cancel FDIC Insurance

Posted by The Weakonomist in Thursday, September 2nd 2010   1 comment so far   

So the economy is in terrible shape, no one is spending money, everyone is saving. Banks have money, but aren’t lending. The government, whether is be the White House, Congress, or The Fed, have all tried to stimulate the economy and at best they’ve prevented a depression (so far). Should the economy [...]

under: banking, economics, government    
1
Sep

Guess Which State Gets The Most Fed Money Per Capita

Posted by The Weakonomist in Wednesday, September 1st 2010   1 comment so far   

Is it that liberal state California that loves to spend so much?  Maybe it’s Illinois, with all it’s scandalous politics.  Oh no, it’s that red state to the north the deficit hating former Governor Sarah Palin recently quit from, Alaska.  Okay, I won’t be political here, but I would like to hear Ms. Palin’s thoughts [...]

under: economics, government    
31
Aug

The Future Of Economics, Explained With Physics

Posted by The Weakonomist in Tuesday, August 31st 2010   5 comments already   

File this under “economics of the future” or something. I’m not sure if it was the detox tea I had the other morning because I was out of coffee or just brainstorming as my spreadsheet at work tore through 38k rows of data trying to find one thing, but I started thinking about how [...]

under: economics, technology    
30
Aug

Using Economics To Solve Dog and Cat Overpopulation

Posted by The Weakonomist in Monday, August 30th 2010   2 comments already   

The sad truth among about pets is that there are too many dogs and cats in this country. Millions are killed every year using lethal injections and gas chambers because no one wanted them. Caught as strays, turned in by owners that no longer want them, or taken from illegal puppy mills, only [...]

under: economics, government    
28
Aug

Weakend: Merle Hazard

Posted by The Weakonomist in Saturday, August 28th 2010   Leave a reply   

A couple of years ago the business press was typing away on the concept of moral hazard.  It trickled its way down  I95 and then our elected officials in DC starting talking about it.  Moral hazard is the idea that someone can take risks without worrying about the repercussions of those risks.  They were talking [...]

under: media, weakend    
27
Aug

Schooling The Education System: How To Rate Teachers

Posted by The Weakonomist in Friday, August 27th 2010   9 comments already   

This is a post you either don’t give a crap about or will really pay attention to. Which way you lean will likely depend on one thing: kids. If you got them, you care, if you don’t, you don’t. I don’t have kids, but my family is very much tied to the [...]

under: government    
26
Aug

Book Review: Nudge – Improving Decisions About Health, Wealth, and Happiness

Posted by The Weakonomist in Thursday, August 26th 2010   1 comment so far   

Nudge, is a book very much in the vein of Predictably Irrational or The Economic Naturalist.  It’s the idea (in layman’s terms) that people are inherently stupid.  We make bad decisions.  Some books just make these observations, but Nudge is a complete package.  It’s: you make bad decisions, they are hard to avoid, here’s how [...]

under: books, economics, government    
25
Aug

What Fat Ladies In Bikinis Taught Me About Investing

Posted by The Weakonomist in Wednesday, August 25th 2010   25 comments already   

I love the beach, and not just because it’s the beach.  You see, my wife and I are people watchers.  We watch, we judge, and we feel guilty about it (well, she might).  On a recent trip to the beach, I sat in my hat, sunglasses, under a canopy, and enough sunscreen to refract 2 [...]

under: investing, personal finance    
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