An Economic Prediction That Actually Came True
Image: cambodia4kidsorg Economists are notorious for making bad predictions. There are endless examples, but the first one that comes to mind is a book written by economist Kevin Hassett and co-authors entitled Dow 36,000. The title was their prediction of where the Dow Jones Industrial Index should be based on fundamentals. The book came out Read More »
In a Divorce, Who Gets the Organs?
Dr. Richard Batista‘s wife’s health was failing, and so was their marriage. To save them both, he offered to be the kidney donor his wife Dawnell badly needed. Dawnell recovered, but their marriage didn’t. A few years later she filed for divorce. Now her husband says he wants his kidney back. If he can’t have Read More »
And Fry It Up in a Pan
It’s social change alright: 26 percent of working wives out-earned their working husbands in 2006, up by nearly half from 20 years ago.
Now that many more women are graduating college than men, higher-earning wives are going to become the new normal. Read More »
The Market is Dead! Long Live the Market!
Sudhir Venkatesh‘s book “Gang Leader for a Day,” originally published last January, is now out in paperback. You can read reviews of it here, here, and here; and The Economist named it a book of the year. Robert Rosenkranz has proposed means of financial market regulation. His Wall Street Journal op-ed offers redress for the Read More »
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