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Not content with the interest free student loan scheme the government has decided it might be time to add an interest free home loan scheme (ht Rates Blog). Now, this is essentially a transfer from everyone (taxpayers) to first home buyers and the people they are selling to. In such a situation I have to […]
Another Dilbert (I promise to cut back on posting them – it was just a great set of economist cartoons 🙂 ) Source Dilbert. Never have I seen the two-handedness of economists and the “physics envy” of economists intertwined in one short cartoon. Very good 😀
Just saw this article courtesy of Greg Mankiw. In the article the authors talk about the impact of rising the drinking age from 18 to 21 in the US. There were two parts – a voluntary lift in some states, and later on a legislated increase for the whole country. The key bit for me […]
Another Dilbert cartoon to complement yesterday’s: Source (Dilbert) What can I say – the life of a forecaster is packed with situation where you have to tell people what they don’t want to hear. Then again – given the success of some forecasting, I wonder if a company economist saying this is a contrarian signal. […]
Like pretty much everyone I enjoyed the performance of Susan Boyle on Britain’s got talent. I love Les Miserables and she did a great performance of an incredibly difficult song from the show. However, what stirred me up the most was the behaviour of the crowd and judges. Both were very dismissive to start with […]
Source (Dilbert) I’m not used to economists making assumptions based on changes in political structure – the business must have an interesting forecast team 😉