1939 Bentley 4 ¼ Litre “Embericos” Pourtout coupe


Source: Classic Driver


Source: Frank Dale


Source: Wikimedia

Category: Weekend

Can Macroeconomists Get Rich Forecasting Exchange Rates?

Category: Think Tank

3-D map of the adolescent universe

Source: Science Daily From Science Daily: 3D map of the cosmic web at a distance of 10.8 billion years from Earth, generated from imprints of hydrogen gas observed in the spectrum of 24 background galaxies behind the volume. This is the first time that large-scale structures in such a distant part of the Universe have…Read More

Category: Digital Media, Science

10 Thursday PM Reads

My afternoon train reads: • Who Owns Stocks? It’s Not Just the Rich (Real Time Economics) • In Private Papers, A More Candid Tim Geithner Speaks Out (Propublica) • MoneyBeat Would Like to Formally Apologize to Mila Kunis (WSJ) • Holy shit! The Lowe’s Robot and the Future of Service Work (New Yorker) • John Maynard…Read More

Category: Financial Press

College: The Great Unleveler

Source: Opinionator

Category: Cognitive Foibles

Economics Advances One Funeral at a Time . . .

Quantitative easing over. It is a good occasion to consider what we know about central bank intervention, when it is appropriate and when it isn’t. We have a century of broad and deep central bank history and data upon which to make our assessment. Yet we seem to ignore much of what has been learned…Read More

Category: Economy, Politics, Really, really bad calls, Taxes and Policy

Stimulate This!

Presented without comment:   Source: BusinessWeek  

Category: Financial Press

10 Thursday AM Reads

Why do I doubt anyone is going to wear a “sexy ebola nurse costume” for Halloween? Oh, and reads: • Fed’s Axis of Opposition Shifts from Hawks to Doves (Real Time Economics) but see Why the Fed is giving up too soon on the economy (Wonkblog) • Buybacks Can Juice Per-Share Profit, Pad Executive Pay …Read More

Category: Financial Press

1933: Colombia Experts Oppose Gold Plan

Source:NYT

Category: Currency, Inflation, Really, really bad calls, Think Tank

Fed’s Grand Experiment Draws to a Close

Category: Federal Reserve, Video