Archive for March 30th, 2008
Posted in March 30th, 2008
Submitted by A Dash of Insight
Readers of “A Dash” know that for the last year we have been contributing to RealMoney, a subscription service from TheStreet.com (free trial available). Before contributing, we subscribed for many years, finding the site to be a useful source of ideas and discussion.
One of the most helpful contributors is Bob […]
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Posted in March 30th, 2008
Submitted by EconWeekly
It’s again that time of the year when some people fill out a lot of forms and everyone gets mad at the government. No, it’s not taxes; it’s the visa program for skilled workers.
April 1st marks the beginning of the annual application period. The government sets a general quota of 65,000 H-1B visas, […]
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Posted in March 30th, 2008
Submitted by Econbrowser
From Antarctic Ice Shelf Disintegration Underscores a Warming World, March 25.
Satellite imagery from the National Snow and Ice Data Center at the University of Colorado at Boulder reveals that a 13,680 square kilometer (5,282 square mile) ice shelf has begun to collapse because of rapid climate change in a fast-warming region of Antarctica.
Source: […]
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Posted in March 30th, 2008
Submitted by Econbrowser
And after Round 3 of the 2008 NCAA Bracket Econbrowser Challenge we have not one but two entries (from N. Klingenstein and H. Parsley) that correctly picked all of the Elite Eight finalists. How they knew Davidson would get there is beyond me.
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Posted in March 30th, 2008
Submitted by CARPE DIEM
The chart above shows University of Oregon economics professor Jeremy Piger’s “Recession Probability Index” from 2000 to January 2008, based on the 4 monthly variables used by the NBER to determine U.S. recessions: non-farm payroll employment, the index of industrial production, real personal income excluding transfer payments, and real manufacturing and trade […]
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Posted in March 30th, 2008
Submitted by CARPE DIEM
Dear Mr. Roberts, President of World Wildlife Fund:
You and members of your organization worry that industrialization and economic growth are harming the earth’s environment. I worry that the intensifying hysteria about the state of the environment - and that the resulting hostility to economic growth - might harm humankind’s prospects for comfortable, […]
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Posted in March 30th, 2008
Submitted by CARPE DIEM
Mexico Builds Hospitals to Lure Medical Tourists From America
Grupo Empresarial Los Angeles, Mexico’s largest private hospital chain, is spending $700 million to build 15 hospitals over the next three years. Oca Hospital, a family-owned company in Monterrey, is building a 200-bed facility there.
“In diverse cities that are attractive to Americans, […]
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Posted in March 30th, 2008
Submitted by CARPE DIEM
Time Magazine now joins the Christian Science Monitor, NYTimes, WSJ, IBD, Reason, and Rollingstone Magazine, in coming out against ethanol and biofuels in its most recent issue:
Several new studies show the biofuel boom is doing exactly the opposite of what its proponents intended: it’s dramatically accelerating global warming, imperiling the planet in […]
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Posted in March 30th, 2008
Submitted by CARPE DIEM
NEW DELHI–The number of Americans heading abroad for medical procedures is surging as the country’s 46 million people without health insurance look for treatment they can afford and cash-strapped U.S. companies struggle to find cheaper ways to provide high-quality medical care to their employees.
India is fast becoming the destination of choice for […]
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Posted in March 30th, 2008
Submitted by CARPE DIEM
Houses are almost perfectly engineered to trick owners into overvaluing them. For both economic and psychological reasons, there is no asset more conducive to hopeful overvaluation. That means real estate slumps tend to grind on for years, until sellers submit to reality and reduce their prices.
This week’s batch of economic reports suggest […]
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Posted in March 30th, 2008
Submitted by CARPE DIEM
HAVANA–Raul Castro is revolutionizing his brother’s island in small but significant ways — the latest in a decree Friday allowing ordinary Cubans to have cell phone service, a luxury previously reserved for the select few.
Many Cubans hope cell phones and new appliances are only the beginning for a post-Fidel Castro government that […]
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