Thursday, October 23, 2008

Funny: Bernanke to the Rescue

In these volatile times, we gotta have some humor. Here's a funny Bernanke montage explaining the monetarian philosophy (i.e., when times are bad, the government should inject/drop money to stimulate the economy). Make sure the music is on--it's the music that makes everything so good:

http://moneyhelicopters.ytmnd.com/

Hat tip to Prof. Mankiw.

European Econ Forecast

Clever economic weather forecast from the FT:

http://www.ft.com/cms/s/0/3af6c64c-9eb6-11dd-98bd-000077b07658.html

Hat tip to Barry "The Big Kahuna" Ritholtz.

Hoover Institute

The Hoover Institute has a great link to some educational videos:

http://www.hoover.org/multimedia/uk/

Not exactly economics per se, but close enough.

Wednesday, October 22, 2008

Tuesday, October 21, 2008

Don't Worry, Be Happy

NY Times says many Americans won't be affected by the bailouts because relatively few of them pay any taxes:

http://economix.blogs.nytimes.com/2008/10/20/americans-shouldnt-worry-about-the-bailout/

Law: Performance Reviews

Here is an interesting article on whether companies should keep doling out performance reviews:

http://www.hrlawyersblog.com/2008/10/articles/hr-management/getting-rid-of-performance-reviews/

From my experience, performance reviews are used against the employer and constitute one of the few pieces of evidence readily available to a potential plaintiff.

Colin Powell on an American

Colin Powell on Kareem Rashad Sultan Khan:

http://news.yahoo.com/s/mcclatchy/20081021/pl_mcclatchy/3078971

There is a picture accompanying this article elsewhere that apparently belongs to Platon for the New Yorker. The picture shows the soldier's mother, Elsheba Khan, clasping her son's tombstone. It is not to be missed:

http://www.newyorker.com/online/2008/09/29/slideshow_080929_platon?slide=16