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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

. . . and decides that it is just unnecessarily superb . Excerpts: The Bugatti shifts occupants around like a Star Trek transporter: from a standstill to 60 miles per hour in 2.7 seconds, to 125 m.p.h. in just over 7 seconds and on to a top speed of 253 m.p.h. . . . Particulars include 1 ... ... Read more

Go here if you want the details. (It's sad, even cruel, to say, Alicia, but I think your career peaked with Clueless .) ... Read the full post ... Read more

Ya gotta love #8 : 8. Make Sure the Teachers Show Up for Class “The most important question to ask when considering an application or making an enrollment decision is this: What is the degree of attention paid by this school to the undergraduate educational experience? If superstar facu ... Read more

Dealbook , New York Times : Fewer Harvard M.B.A. graduates took jobs on Wall Street this year than in the past as a result of the sharp contraction in the financial services industry. But for Ray Soifer, a former banking analyst and Harvard Business School alumnus, the reduced number of graduates ... Read more

" The Shorter, Faster, Cheaper MBA ". " MBAs Confront a Savage Job Market ". The MBA Class of 2009 was hit harder than expected by the recession. At some top schools, 1 in 5 are jobless 3 months after graduation ... Read the full post ... Read more

In "Goodbye to Reforms of 2002" Floyd Norris of the New York Times writes : Sarbanes-Oxley was passed, almost unanimously, by a Republican-controlled House and a Democratic-controlled Senate. Now a Democratic Congress is gutting it with the apparent approval of the Obama administ ... Read more

Folks, please remember to be careful who you send your e-mails to. Otherwise you could have something like this on your hands: " The Email Scandal That Just Shook Cornell’s Campus ". NSFW language. Link via Buzzfeed . ... Read the full post ... Read more

" Tax refugees staging escape from New York ". 1.5 million from 2000 to 2008. "More than 250,000" left for Florida; they were problably "escap[ing]" into retirement. But the outflow is still impressive and this is rather ominous sounding for New York's ... Read more

. . . it's worth remembering that our elected representatives have almost always vasting underestimated the cost of health care laws . ... Read the full post ... Read more

Are "our current economic problems . . . due to blind acceptance of the efficient markets hypothesis (EMH)"? Hell, no. Fama and French dispatch that dopey idea quickly and efficiently .  ... Read the full post ... Read more