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Newmark's Door

Things one middle-aged economist finds interesting. One of the leading economics blogs. Also discusses current events and education. Updated daily. Readers are professionals, students, and news junkies

I think it's a bad idea. But I would consider supporting the change if the proposed rules were also applied to the Fed's managers, the executive branch, and Congress. Especially this one : "And they will support 'clawbacks' that would enable companies to reclaim mon ... Read more

From McSweeney's . Sample: Horatio thinks he saw a ghost. Hamlet thinks it's annoying when your uncle marries your mother right after your dad dies. The king thinks Hamlet's annoying. Laertes thinks Ophelia can do better. Hamlet's father is now a zombie. ... Read th ... Read more

I think most of these predictions will be off by least a few years, but we'll see. ... Read the full post ... Read more

Nicely done . Also see " Who Writes This Crap? " ... Read the full post ... Read more

The creator of Bloom County--the best comic strip of my lifetime--seems sadly to take little pleasure in what he achieved . ... Read the full post ... Read more

The Door's at your service: Albemarle , a 300-acre estate in Charlottesville, VA was recently put on the market. The main house is 25,000 sq. ft. and has 45 rooms. (Note though: "It's a bit of a pastiche, gilded Versailles-like rooms contrast with simpler spaces that have a more Early ... Read more

In this recession there's a lot of vacant space in shopping centers. And merchants are concerned about signing long-term leases. Answer? "Pop-up" stores . To highlight its new denim offerings for the back-to-school season, J.C. Penney opened pop-ups at a handful of local mall ... Read more

Joel Kotkin, Forbes 11/3 : Net migration, both before and after the Great Recession, according to analysis by the Praxis Strategy Group , has continued to be strongest to the predominately red states of the South and Intermountain West. This seems true even for those seeking high-end j ... R ... Read more

It has to do with " block[ing] production of the S6 Kinase 1 (S6K1) protein ". ... Read the full post ... Read more

Glenn Reynolds, referring to some environmentalists' fury over a proposal to fix global warming with geoengineering: " As the faith weakens, the persecution of heretics must be stepped up. " For background and further discussion see  the piece by Ron Bailey that Glenn linked ... Read more