(January 4, 2011 09:02 AM, by Arnold Kling) Two pointers from the indispensable Mark Thoma. 1. Catherine Rampell writes, A large fraction of displaced workers who have found new jobs have had to switch careers, and most of those career-changers have downgraded to a lower-paying job, according to...
(April 14, 2009 10:56 AM, by Arnold Kling) A great lecture. Found by Steven Hsu. Pointer from the indispensable Mark Thoma. I enjoyed his comments on asset valuation. He wonders whether the issue is that the assets cannot be valued ... Read Post
(March 25, 2009 09:27 AM, by Arnold Kling) All pointers courtesy of the indispensable Mark Thoma. First, Hernando de Soto writes, These derivatives are the root of the credit crunch. Why? Unlike all other property paper, derivatives... Read Post
One of the surest signs of an improving economy and improving labor market is a rising quit rate. In theory, if times are tough, you're likely to hang on to the job you have. But when times are good, you're more likely to take a ris... Read Post