Links

  • ‘Tiger Wood’s apology (and his mother’s reaction during it) made him seem more Asian American to me…’ The first interesting¬†perspective¬†I’ve seen on the whole Tiger Woods thing.
    (del.icio.us tags: TigerWoods Asian )
  • Matt Taibbi gets very angry at Wall Street again; I’m not sure how fair some of it is, but it’s entertaining stuff.
    (del.icio.us tags: economics )

Links

  • One of his Manzi’s central points is that climate change just ain’t all that damaging, economically speaking: it will reduce global GDP by “only” 5 percent one hundred years hence, he writes […] The problem with GDP is this: it varies greatly across counties, by a factor of 800 or so on a per-capita basis between Burundi and Luxembourg… A lot of countries contribute almost nothing to global GDP, even though they may have tens or hundreds of millions of people. You could literally wipe them from the globe and the impact on global GDP would be de minimis.
    Why don’t we try and do that, in fact? Let’s see how much of the world we can destroy before getting to 5% of global GDP.
    (del.icio.us tags: climatechange economics )

Links

  • 'The crash has laid bare many unpleasant truths about the United States. One of the most alarming, says a former chief economist of the International Monetary Fund, is that the finance industry has effectively captured our government—a state of affairs that more typically describes emerging markets, and is at the center of many emerging-market crises. If the IMF’s staff could speak freely about the U.S., it would tell us what it tells all countries in this situation: recovery will fail unless we break the financial oligarchy that is blocking essential reform.' A brutal article by Simon Johnson, former chief economist of the IMF.
    (del.icio.us tags: finance America economics )