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Entries Tagged as 'Policy'

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On Yellen’s First FOMC Presser And Efficient Markets…

March 19th, 2014 · 1 Comment
Macroeconomics · Policy

In case you aren’t already convinced that Janet Yellen is the most powerful woman in the world (or, I suppose, that financial markets are at least approximately informationally efficent), take a look at this: Okay, so maybe that requires a bit of explanation…today, the Federal Reserve released the statement coming out of its March meeting, [...]

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Tags: Macroeconomics · Policy

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On Economists Giving Thanks, And The Avoidance Of Arms Races…

November 28th, 2013 · 2 Comments
Behavioral Econ · Buyer Beware · Game Theory · Policy

First off, HAPPY THANKSGIVING! I am very thankful that you all read my online ramblings Once you get drowsy from eating too much Thanksgiving dinner (and no, it’s not the turkey, that’s mostly an urban legend, unless of course you ate the entire turkey), you should feast on what Dan Ariely has to say about [...]

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Tags: Behavioral Econ · Buyer Beware · Game Theory · Policy

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Presidential Medals of Freedom and Hypothetical Conversations of Awkwardness, Kahneman Edition…

November 20th, 2013 · No Comments
Behavioral Econ · Books · Policy

I suppose I am a fairly lazy employee, at least in a typical sense, since I do much of my work at home with the television on in the background. At night, this process generally entails reruns of The Big Bang Theory, since by this point I’ve watched the episodes enough that I don’t feel [...]

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Tags: Behavioral Econ · Books · Policy

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The New (And Improved) Alan Greenspan Does The Daily Show…

October 24th, 2013 · 2 Comments
Behavioral Econ · Books · Finance · Markets · Policy

Oh man, this is great…it’s like watching everybody’s grandfather talk about bank regulation, AND Greenspan is basically saying that behavioral economists had it right all along: (Sidenote: the closed captions are really helpful if you are somewhere where audio is frowned upon.) Oh good, we’ve gotten to a point in the world where the guy [...]

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Tags: Behavioral Econ · Books · Finance · Markets · Policy

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A New Fed Chair Nominee, And What On Earth Is All This Talk About Birds?

October 9th, 2013 · 11 Comments
Macroeconomics · Policy

I would like to take a break from regularly scheduled hijinks to inform everyone that, at long last, Janet Yellen has officially been nominated to succeed Ben Bernanke as the head of the U.S. Federal Reserve. This is good news, in my opinion, and I am trying my best to ignore the buzzkill comments of [...]

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Tags: Macroeconomics · Policy

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What Do Movie-Theater Popcorn And Health Insurance Have In Common? And Other Popcorn-Related Trivia…

October 7th, 2013 · 5 Comments
Policy

Have you ever wondered why popcorn in movie theaters is a thing? I do all the time, but I haven’t gotten a satisfactory answer until now. From Centives and The Smithsonian: In 1848, a time before society had the good sense to invent the Xbox, watching popcorn pop was apparently a form of entertainment and [...]

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Tags: Policy