How Wall Street Learns to Look the Other Way Maximizers of their own expected utility
Invisible Hands & Markets: How Economists Kill People
One person, one economist, can get a government to change its policy. I have done it. Often. It is what I do for a living. My book, The Economist’s Tale (Zed Books) shows one case where I did it. This time, I stopped a famine.
The White Man’s Graveyard, they used to call Sierra Leone. It was the Black Man’s Graveyard when I worked there. Half the children born died of hunger and disease before they were five. Life expectancy was the lowest for any country in the world.
• There is a lot of money to be made from a good famine [Credits: Cost of Sharing ; Cost of War ]
• · Twenty-one of the world’s most important leaders will descend on Sydney for the 2007 Asia-Pacific Economic Co-operation conference in what will be the city’s biggest international event since the Olympics. 21 world leaders to head to Sydney for APEC
• · · Ross Gittins: With the economy so strong, no one should be surprised to see interest rates rise Reserve lifts early so as not to lift often ; Economics in Sex Minutes
• · · · Tim Dunlop is on the Road Again with Big target strategy ; John Quiggin posts illegal post and commentariat melts down Illegals, again
• · · · · Sydney’s housing auction market over the holiday period may have been the weakest recorded Auction plunge contradicts rate fears
• · · · · · One of the nation’s judges has not lodged a tax return for seven years and a further 65 were at least 12 months late in settling their tax responsibilities for the year to June 2003. Among those was one who had failed to lodge a return for five years and another for three years, Australian Taxation Office figures obtained by The Australian show. Judges prove lax on their tax with 66 late to lodge returns
