Monthly Archives: December 2007

Brad DeLong on Financial Crises

Brad DeLong writes: A full-scale financial crisis is triggered by a sharp fall in the prices of a large set of assets that banks and other financial institutions own, or that make up their borrowers’ financial reserves. The cure depends … Continue reading

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It’s the exports, stupid…

Paul Krugman writes: The housing bust has lived up fully to my expectations. So far, however, the economy has held up surprisingly well (ask me again in a few months). How come? It’s the exports, stupid. I haven’t seen this … Continue reading

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Home values in historical perspective

Paul Krugman borrows a chart from Robert Shiller:

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Converting MySQL data into CSV

A question from alt.php: How to convert MYSQL data result to csv file format. The high-performance solution is to run a SELECT INTO OUTFILE query: http://dev.mysql.com/doc/refman/4.1/en/select.html The drawback of this approach is that the CSV file can only be created … Continue reading

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Coding from scratch vs. implementing third-party applications

A question from comp.lang.php: php has several open-source system and some are free like oscommerce,etc. what is most advisable if you have a new project should you go for open source or create the project from scratch? First of all, … Continue reading

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Time to short T-bill futures?

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Arbitrage opportunities in European rights offerings

From Institutional Investor: PORTFOLIO STRATEGY The Rights Stuff 19 Dec 2007 Eric Uhlfelder Rights offerings and other foreign corporate actions can sometimes create remarkable opportunities for U.S. investors. It will be months, if not years, before it becomes clear whether … Continue reading

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Quotes from Keynes

This page will probably expand over time, but here’s a first couple. While I am at it, here’s a link to the full text of The General Theory of Employment, Interest and Money at University of Adelaida in Australia… To … Continue reading

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Carbon dioxide emissions

Energy Information Administration has some interesting data on carbon emissions worldwide. Here’s a small slice of it in graphical form: Numbers on the vertical axis are CO2 emissions in millions of metric tons.

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What causes inflation to go up?

A question from Yahoo Answers: What causes inflation to go up? Why do prices go up each year, how can we stop it! Let’s start at the end; why do you want to stop inflation? Inflation pushes savers to invest; … Continue reading

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