Joshua Gans on Paul Krugman's "The return of Depression Economics". Well I finished the revised edition of Paul Krugman’s The Return of Depression Economics. He wrote the original almost 10 years ago with much the same theme: that we have not solved the boom and bust cycle and risk of prolonged recession and even depression remains. He deserves kudos for…
Posts By Me
First Ever Video Of Dynamics Of Carbon Atoms Makes Spintronic-based Computing Look More Promising. Researchers working with TEAM 0.5, the world's most powerful transmission electron microscope, have made a movie that shows in real-time carbon atoms repositioning themselves around the edge of a hole that was punched into a graphene sheet. This is the first ever live recording of the…
Oil drying up as world remains unaware.. On top of the other problems plaguing the world, such as global warming and the current financial meltdown, there’s a third pressing issue that threatens to bring the good life to an end: The world is fast running out of oil. [Environmental Health News]
Declaration on Educational Goals for Young Australians. In the busy rush to Christmas, many members may have missed the developments related to the Australian Education Ministers’ First Biennial ... [Central Ranges LLEN News]
Detroit Goes for Electric Cars, but Will Drivers?. Ford and other carmakers are betting billions on electric cars despite questions about consumer demand for them. [NYT > Business]
Fall in TAFE applications in South Australia. The overall numbers of applications to TAFESA have fallen by about nine hundred. There is high demand for courses in nursing, teaching, police studies and graphic design. However, only 10% of students are admitted through the SA Tertiary Admissions Centre (SATAC); many other students gain entry through a different process. [Vocational Education &…
HAL's Pals: Top 10 Evil Computers. To celebrate the 2001 supercomputer's birthday, Wired.com opens the pod bay doors to reveal Hollywood's most malevolent thinking machines. [Wired Top Stories]
Dollar falls on job ads slump. THE dollar was weaker at noon as worries about a rising jobless rate figure this week sparked a sell-off in the currency. [Herald Sun | Breaking News]
The failure of unregulated markets. [HT: Simon Johnson] MIT’s Daron Acemoglu has written one of the best essays on the financial crisis and what it means for economics that I have read. He argues, convincingly, that forgetting about what drives economic growth when formulating policy is a big mistake. Importantly, it has been all too easy to forget about how…