Radovan Kavicky's over-boiled soup

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Ordinary narcissus and misanthrope, who's too busy to tell people how busy he is...

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February 26 2010

Polls, Politics and Parties, Part 5: Who with Whom? Doing the coalition math @ Pozorblog.com

Source: www.pozorblog.com

With 8 parties potentially entering Slovakia’s parliament there are 255 different coalition possibilities. Fortunately, not withstanding Bismark’s aphorism that “Politics is the art of the possible,” ...

http://www.pozorblog.com/?p=742

Ach jaj

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February 18 2010

Statistics - Strong GDP growth in the United States and Japan but slowdown in the euro area

Economics and Growth

Seasonally-adjusted gross domestic product (GDP) in the OECD area rose by 0.8% in the fourth quarter of 2009, up from 0.6% in the previous quarter. Real GDP grew strongly in the United States and Japan by 1.4% and 1.1%, respectively.

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Bailing out the banks: Reconciling stability and competition

VoxEU.org: Editors' choice

Thorsten Beck, Diane Coyle, Mathias Dewatripont, Xavier Freixas, Paul Seabright, 18 February 2010

Billions have been spent saving European banks. Should these bailouts be subject to the usual competition rules or should stability be allowed to trump ‘business as usual’? This column introduces a new CEPR report “Bailing out the Banks: Reconciling Stability and Competition” that argues for a more ...

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February 17 2010

Now Available: Your Professional Network within Microsoft Outlook

The LinkedIn Blog

This past November, we announced a partnership between Microsoft and LinkedIn to bring your LinkedIn Professional Network right within your Microsoft Outlook Inbox.

I’m happy to say that a Beta version of this functionality is now available.

Here’s what you can do today to start leveraging your professional network within Outlook:

Download the latest version of the Outlook Social Connector from...

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February 16 2010

Bankrupting America

The Economic Way of Thinking

The average American worked 111 days to pay off their share of the federal government.
The government is growing fast. Outlays (i.e. spending) increased 18 percent, or $535 billion, from the year before. Over the last four years outlays have grown 42 percent, or more than $1 trillion.
Taxes and debt burdened America’s families. According to the Tax Foundation, Americans worked five months...

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Daughter of Liberty

The Economic Way of Thinking

This little onesie was given to me as part of our Valentine's Day celebration on Sunday night. It reminds me of something one of my favorite writers, Will Durant, said about children once upon a time in one of the many books I read by him: "Children are anarchists." (Our little girl, who currently goes by Princess B, better take it easy on the experiment in anarchy early in life or else her...

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Links for 2010-02-15 [del.icio.us]

Tatra banka - Google Profile

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Rethinking macro policy

VoxEU.org: Recent Articles

Olivier Blanchard, Giovanni Dell'Ariccia, Paolo Mauro, 16 February 2010

The global crisis forced economic policymakers to react in ways not anticipated by the pre-crisis consensus on how macroeconomic policy should be conducted. Here the IMF’s chief economist and colleagues (i) review the main elements of the pre-crisis consensus, (ii) identify the elements which turned out to be wrong, and...

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February 15 2010

It’s Tymoshenko vs. the World

Big Think

Ukrainian Prime Minister Yulia Tymoshenko said that she’d challenge last week’s presidential election results before she’d even lost to opposition candidate Viktor Yanukovych. But reversing this year’s results will be far more difficult than it was to reverse those of 2004.

Tymoshenko initially boasted that she’d incite a full-fledged second wave of the Orange Revolution, bringing protestors...

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Chart of the Day: Banking Compensation

Credit Writedowns

Source

Banking Compensation – St. Louis Fed

Rating: 0.0/10 (0 votes cast)

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Tatra banka - Google Profile

Tags: Goog

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February 14 2010

Bilaterálna dohoda o pôžičke SR pre MMF

Tlačové správy

Slovenská republika (SR) a Medzinárodný menový fond (MMF) podpísali bilaterálnu dohodu, na základe ktorej SR poskytne pôžičku MMF až do výšky ekvivalentu 440 mil. EUR. Za SR podpísal dohodu guvern...

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thedailywhat:

Solipsism Now!

thedailywhat:

SMBC.

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February 11 2010

The Greek Bailout

Eli Dourado

Officials from EU governments have just now pledged to bail out the Greek government. In my view, this is a bad idea, at least for the people of Germany and France, who will bear a lot of the cost. Since I am having some trouble organizing my thoughts into fluent paragraphs, I will present them as talking points.

The right model for thinking about the Greek government’s large and chronic...

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Bernanke’s Greatest Hits

The Big Picture

Nice collection of Bernanke’s public comments, amounting to his cherry picked track record:

This video should make people think twice about listening to anything that Chairmen of the Fed Ben Bernanke says. It’s a compilation of statements he’s made from 2005-2007 that will have you 100% certain America is doomed if we continue to value what this moron says.

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Help Noam Chomsky Find His Inner Anarchist

Austro-Athenian Empire

Shared by Will Wilkinson
Vote up Rod's question!

A reader tipped me off that Noam Chomsky has agreed to answer the top-rated questions submitted via this reddit page; the reader suggested that I condense my “Chomsky’s Augustinian Anarchism” gripes into a question.

So I did. Here’s my question for Chomsky:

Although as an anarchist you favour a stateless society in the long run, you’ve argued...

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Joseph E. Stiglitz: Muddling Out of Freefall

Project Syndicate

Barack Obama wanted to bridge the divides among Americans that George W. Bush had opened. But now those divides are wider than ever, and Obama's attempts to please everyone, so evident in the last few weeks, are likely to mollify no one.

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Are There Any White Swans?

Mish's Global Economic Trend Analysis

Here is a fascinating video with Marc Faber, Nassim Taleb, Hugh Hendry and others on February 5 in a group discussion Where is the Money in 2010 – What are the Risks?

It's a long video, about an hour, but well worth a play. Be sure to click on the lower right corner to play the video in English.

One widely quoted excerpt from the debate was the statement by Nassim Taleb: ‘Every Human’ Should...