Archive for May, 2012

The median female (but not male) primary-care physician would have been financially better off becoming a physician assistant. This is partially due to a gender-wage gap. However, it is mostly due to female physicians not working enough hours to amortize their upfront investments in medical school.

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U.S. Winds Down Longer Benefits for the Unemployed

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Congress’s Trade Policy Is Increasingly Delusional – Bloomberg

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The nationalisation of markets. The rise of the financial-political complex

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Southern Europe’s debtor states must pledge their gold reserves and national treasure as collateral under a €2.3 trillion stabilisation plan gaining momentum in Germany.

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"In an interview with the Guardian, [IMF Chief] Lagarde said she had more sympathy for victims of poverty in sub-Saharan Africa than Greeks hit by the economic crisis."

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What views can you hold about Spain? Choose A or B. A: Spain is in a recession, which will end… B: Spain is in a self-cannibalizing downward spiral…

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April new home sales: the hype vs. the reality

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BBC News – Spain’s retail sales in record fall

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Analysis: JPMorgan dips into cookie jar to offset London Whale losses | Reuters

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“It would appear that the problems in Spain are now becoming more of a worry than the opinion polls in Greece,"

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Weird Stuff in High Frequency Markets

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A Memorial Day Appreciation, "War is the mutual destruction of capital, both human and non-human"

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The BRICs are over

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"…you want to do more monetary stimulus until we’ve reached a demand level where Congress feels it can remove fiscal stimulus. People used to blanch when I talked about the Fed ’sabotaging’ fiscal stimulus, but Bernanke all but admitted that this is exactly what the Fed is currently doing"

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Is It Time to Invest in Europe? – Milken Institute panel

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Silver Is Finally Ready To Bottom

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When it comes to credit, Greece is already out of the Eurozone

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Interesting read: China’s economy is not as precarious as it looks, says Simon Cox. But it still needs to change

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Ben Bernanke Discusses the Federal Reserve and the Economy at George Washington University

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