Economists Do It With Models

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Entries Tagged as 'Finance'

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Random Link: When Harvard Professors Make A Funny…

June 7th, 2010 · 3 Comments
Finance · Just For Fun · Random Links

Harvard Professor Jeremy Stein is apparently throwing his hat into the economic humor ring with his latest piece in the Harvard Crimson:
Washington, D.C., May 27, 2025. Just four months into his first term, President Scott P. Brown faces what is rapidly becoming a severe financial crisis, with the collapse yesterday of yet another Stable Wind [...]

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Tags: Finance · Just For Fun · Random Links

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What Do Banks Do With Your Money Anyway? Jon Stewart Almost Gets It Right…

April 29th, 2010 · 8 Comments
Finance · Fun With Math · Macroeconomics

Go to about 0:13 in the clip:

The Daily Show With Jon Stewart
Mon - Thurs 11p / 10c

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Tags: Finance · Fun With Math · Macroeconomics

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Follow Up: Perhaps You Like These Goldman Sachs Analogies Better Than The Tiny Town One?

April 22nd, 2010 · 8 Comments
Buyer Beware · Finance

A few days ago, I presented you with an analogy that Rachel Maddow came up with to explain the Goldman Sachs fraud mess. Aaaaaaand you didn’t like it very much, which is fair since it was a little too oversimplified. (If you’re curious, I added some more detail in the comments of that [...]

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Tags: Buyer Beware · Finance

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Goldman Sachs Fraud, Tiny Town Style…

April 17th, 2010 · 9 Comments
Buyer Beware · Finance

So this SEC suing Goldman Sachs for fraud thing is all over the news, but, like a lot of issues having to do with complicated financial products and whatnot, people are having a bit of trouble following exactly what went down that got the SEC’s panties all in a twist. For example, The New [...]

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Tags: Buyer Beware · Finance

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Come On, Let’s All Do The Hustle…Er, Stock Market Dance???

April 14th, 2010 · 7 Comments
Finance · Markets

Much has been made of the fact that the Dow Jones Industrial Average hit 11,000 last week. (For further reference, it’s trading at about 11,123 as I type this.) Woooooo?

See, the problem is that I’m not exactly sure what I am supposed to be taking from this information from an overall economic perspective. [...]

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Tags: Finance · Markets