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Friday Special X-mas
Happy Christmas wishes ...
Driving is better than walking for the environment
If you walk 1.5 miles, Mr. Goodall calculates, and replace those calories by drinking about a cup of milk, the greenhouse emissions connected with that milk (like methane from the dairy farm and carbon dioxide from the delivery truck) are just about ...
Explaining Bernanke\'s answer
In case you missed it, here is the question, answer and various links. So, what's going on? Bernanke, the preeminent economist, has turned banker. (Or, to be more precise, he is acting banker because this is what is expected of him. I read his answe...
CNN everywhere
At the Taj Palace in Delhi. ...
Off to India
Flying out to India in a few hours for a friend's wedding, so little or no blogging over here in the next 10 days. See you all then. Justin and Jacqueline - sorry, haven't had a chance to reply to you yet, but will be doing so when I'm back. ...
Lehman revisited
The blame-it-on-Lehman story leads to a dangerous complacency. If we can persuade ourselves that the fault was just one policy mistake, forced on the feds by silly legal restrictions and not enough bailout power, everything can go back to the cozy wa...

