Indicators of the New Financial Crisis Arnold Kling By Arnold Kling, Sep 9 2011 SHARE POST: 1. Risk spreads are elevated again. 2. Correlations are elevated again. Pointer from Tyler Cowen. In the end, I think this will have a bigger effect than any stimulus package.
Sep 9 2011 Economics of Education Credentials and Teacher Quality Arnold Kling According to Marcus Winter, they are not highly correlated. 5 Read More
Sep 9 2011 Behavioral Economics Is Media Bias a Market Failure? Arnold Kling A couple of readers have raised this issue. If news media are so biased, why does the market not correct this? My first thought is that there probably is no market for unbiased media. There is definitely a market for hard-core right-wing opinions. There is definitely a market for what we call mainstream media, wher... 14 Read More
Sep 9 2011 Finance: stocks, options, etc. Indicators of the New Financial Crisis Arnold Kling 1. Risk spreads are elevated again. 2. Correlations are elevated again. Pointer from Tyler Cowen. In the end, I think this will have a bigger effect than any stimulus package. 1 Read More