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Average Faculty Salaries by Field and Rank
Found on CARPE DIEM on Wed 10th Mar 10
Don’t you just love these (click to enlarge)?Carpe Diem breaks it down:Average Faculty Salaries by Field and Rank at 4-Year Colleges and Universities, 2009-10. Notice that competition is so fierce for business professors that salaries for new assistant
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Why a Big Mac Costs Less than a Salad
Found on Free Market Mojo on Wed 10th Mar 10
The Consumerist has linked to this great chart:Another chart by David Leonhardt on Freakonomics shows how the prices of different food groups have changed relative to their pricing 30 years ago:
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The Problem with Deficit Neutrality
Found on Greg Mankiw's Blog on Wed 10th Mar 10
Imagine you have a friend who has a budget problem. Every month he spends more than he earns. His credit card bills are piling up. He is clearly on an unsustainable path. Then one day he comes to you with an idea.Friend: I am going to
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The fake stress tests
Found on naked capitalism on Wed 10th Mar 10
A post by Edward HarrisonAbout a month ago I wrote a post called The coming wave of second mortgage writedowns the gist of which was that the big four banks (Citi, JP, BofA, and Wells) had a shed load of exposure to now worthless second mortgages. With many
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Health Reform Is the Only Long-Run Fiscal-Hawk Measure Moving
Found on Grasping Reality with Both Hands: Economist Brad DeLong's Fair, Balanced, and Reality-Based Semi-Daily Journal on Wed 10th Mar 10
Q: So why are so many who claim to be "deficit hawks" opposing it?David Cutler:David M. Cutler: Health Reform Passes the Cost Test: Many people are worried that the health-care reform proposed by President Obama and congressional Democrats will fail to bend
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Deals of the Day: Can General Growth Go it Alone?
Found on WSJ.com: Deal Journal - WSJ.com on Wed 10th Mar 10
Deals of the Day gathers all the biggest news of the morning related to mergers and acquisitions, bankruptcies, financing and private equity. Deal Journal’s homepage is http://blogs.wsj.com/deals. You can see real-time updates of our posts and our favorite
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Link exchange
Found on Free exchange on Tue 9th Mar 10
Free exchange Recommended economics writing R.A. | WASHINGTON The best of the rest of the economics web TODAY'S recommended economics writing: Developers are back to building skyscrapers in the City of London. (Bloomberg) What would be the best time for unemployment
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The March Jobs Report Better Be Fantastic
Found on The Razor's Edge on Tue 9th Mar 10
The U.S. may add as many as 300,000 jobs in March, the most in four years, setting the stage for what some economists say will be sustained employment gains. Better weather, hiring of temporary government workers and a growing economy may bring the biggest
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"Defenders and Demonizers of Credit Default Swaps"
Found on naked capitalism on Tue 9th Mar 10
Rajiv Sethi argues that naked credit default swaps can be destabilizing for reasons that defenders of these contracts "would do well to consider": Defenders and Demonizers of Credit Default Swaps, by Rajiv Sethi: The recent difficulties faced by Greece
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A pitfall of ageing
Found on Stumbling and Mumbling on Tue 9th Mar 10
A few days ago, I was putting the bins out whilst it was raining heavily and, weather being a Proustian madeleine, I remembered sitting in an A level politics class as a 16-year-old and the thrill of discovering that there were countless brand new ideas (to
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