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Education Moment: The Man with 26 Million Students

Zach Sims, a college dropout founded Codecademy, a website which enables users to learn six popular programming languages, via a simple interface, for free. Codecademy is three-years-old now and Sims has 26 million students. Sims was invited to the World Economic Forum in Davos to talk about online education. Show More Summary

Quasi-Stylized Fact about Employment after Troughs

Reader rtd writes: “…it is virtually guaranteed that after a nation’s business cycle trough, that same nation’s employment growth will display an upward trend”, but when asked about the euro area, argues “The Eurozone is a conglomerate of nations with varying fiscal policies, ideologies, cultures, and the list goes on and on. Please don’t compare […]

US Special Forces in Mariupol?

Disinformation on Ukraine is running rampant, even bordering on the outright ridiculous.For example, a reader sent me a link to Ukraine@War, a UK website that made these claims regarding Mariupol: "This is done by RUSSIAN rocket launchers,...Show More Summary

Yes. Actual English Politics in the Fifteenth Century Was Weirder than Anything in "Game of Thrones". Why Do You Ask?

"[Richard Duke of] York ran into severe difficulty in early 1456.... His authority was almost visibly ebbing away. In public he was scorned: a display of five severed dogs’ heads was erected on Fleet Street in London in September, with...Show More Summary

The birthplace of democracy

(January 24, 2015 05:01 PM, by Alberto Mingardi) Italian newspaper Corriere della sera has featured a piece on Greece that included an interview with Feano Fotiu, presented as the person responsible for "solidarity" (meaning the organisation of a parallel safety net, something in itself rather interesting) with Syriza.... (0 COMMENTS)

US/Euro Foreign Exchange Rate

“A strong dollar has always been a good thing for the United States,” Treasury Secretary Jacob J. Lew declared not long ago, a position that he has restated frequently. In 2011, Timothy F. Geithner, then the Treasury secretary, said, “A...

Weekend Reading: Marc Andreessen (2011): Why Software Is Eating the World

Marc Andreessen (2011): [Why Software Is Eating the World]( "August 20, 2011: This week, Hewlett-Packard (where I am on the board)... >...announced that it is exploring...Show More Summary

Attack on Mariupol Begins; 7,000-8,000 Ukrainian Nearly Circled in Northern Cauldron; US Sends Army Trainers

Yesterday, DNR (Donetsk People's Republic) president Alexander Zakharchenko issued this statement on a ceasefire:"There will no longer be any attempts to speak about a ceasefire from our side. We will now see how Kiev reacts. Kiev doesn’t currently understand that we can advance in three directions simultaneously". Show More Summary

Weekend Reading: Peak Moustache of Understanding

John Harwood's claim that Dean Banquet's first priority is turning the New York Times into a trusted information intermediary runs on to and then seeks offshore of the reef that is Thomas Friedman: Tom Friedman, in #Davos, proves once again he is the emperor of the idiots. Show More Summary

'Throw More Money at Education'

This was retweeted a surprising number of times: Throw More Money at Education, by Noah Smith: It’s become almost conventional wisdom that throwing more money at public education doesn’t produce results. But what if conventional wisdom is wrong? A new...

Links: SYRIZA, SOTU, etc.

(1) Greek elections:  We just posted an article by Mike-Frank Epitropoulos on tomorrow’s elections in Greece, and what a SYRIZA election would mean: A Second Demonstration Project for Greece. The title alludes to the article Mike wrote for us back … Continue reading ? The post Links: SYRIZA, SOTU, etc. appeared first on Dollars & Sense Blog.

'Did the Keynesians Get It Wrong in Predicting a Recession in 2013?'

Dean Baker: Did the Keynesians Get It Wrong in Predicting a Recession in 2013?: I have had several readers send me a blogpost from Scott Sumner saying that the Keynesians have been dishonest in not owning up to the fact...

Schedule for Week of January 25, 2015

The key reports this week are the advance estimate of Q4 GDP, December New Home sales, and November Case-Shiller house prices.For manufacturing, the January Dallas and Richmond Fed surveys will be released this week. ----- Monday, January 26th ----- 10:30 AM: Dallas Fed Manufacturing Survey for January. Show More Summary

Did the Keynesians Get It Wrong in Predicting a Recession in 2013?

I have had several readers send me a blogpost from Scott Sumner saying that the Keynesians have been dishonest in not owning up to the fact that they were wrong in predicting a recession in 2013. The argument is that supposed us Keynesian...Show More Summary

Why the Super Bowl may not benefit its host city

The mayor of Glendale, Arizona, where the Super Bowl will be played next weekend, is questioning the money-making potential of hosting the big game. The city has to spend millions on public safety and other costs, but the revenues earned may not cover those expenses. David Begnaud reports from Glendale.

The Rise of Economists

Justin Wolfers documents: "in recent years around one in 100 [New York Times] articles mentions the term “economist,”...Far fewer articles mention the terms historian or psychologist, while sociologists, anthropologists and demographers rarely rate a mention."

How Airbnb is transforming the travel industry

More and more travelers are choosing to stay in rooms listed on Airbnb as opposed to traditional hotels, to the tune of 37 million room-nights per year. CBS News travel editor Peter Greenberg joins "CBS This Morning: Saturday" to discuss the phenomenon and what it means for the travel industry.

Joe Nocera on Politicians and Trade

Joe Nocera used his NYT column this morning to beat up on a number of politicians who oppose President Obama's call for fast-track authority to facilitate passage of the Trans-Pacific Partnership (TPP) and the Trans-Atlantic Trade and Investment Pact (TTIP). Show More Summary

We Are Lucky

(January 24, 2015 11:15 AM, by David Henderson) One of my pleasures in travel in the United States and Canada is running into, and having short enjoyable conversations with, immigrants from Ethiopia. A little game I play, when I have an interaction with someone--typically in a cab, at... (0 COMMENTS)

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