Wednesday, September 3, 2008

Greg Mankiw's Blog: I am a friendly guy

Greg Mankiw's Blog: I am a Killer of Seven Seas

I now have friends all over seven seas, I kill you softly softly, you wouldn’t even know, call me pushover I am ready to befriend anyone; explores pirates killers sharks angels harlots thieves murders nuns monks presidents ceos hotshots thou into expedition of killing.

If I ever offend you ( which I normally do) just accept as a token of endearment!

  • Problem solving

  • The Long Winters - Pushover
  • Greg Mankiw's Blog: The Problems with Census Data

    Greg Mankiw's Blog: The Problems with Census Data

    This is a huge area!

  • Employee benefit
  • Tuesday, September 2, 2008

    Greg Mankiw's Blog: The McCain Tax Plan

    Greg Mankiw's Blog: The McCain Tax Plan

    Sizzling tax in the fry pan!

    Greg Mankiw's Blog: Cross-Price Elasticity of Demand XIII

    Greg Mankiw's Blog: Cross-Price Elasticity of Demand XIII

    High gasoline price really good for all around – more more rise sky rocket high; people would be more ingenious innovative, more save more exercise less death toll on the road -- nothing but good news, probably lots jobs create for working at home so… but probably lots of sex so may be birth rates rise … bit of problem too but trade off…

  • Civil Aviation
  • Monday, September 1, 2008

    Greg Mankiw's Blog: Allocating Airport Landing Slots

    Greg Mankiw's Blog: Allocating Airport Landing Slots

    He went to a airport today! Why lots of people so nice - give a way their hard work for free? We have to ask that question in our mind! Thanks sky, thanks birds... thanks thanks thanks...happy thanks

  • Queueing theory

  • CIA Field Listing - Airports
  • Sunday, August 31, 2008

    Greg Mankiw's Blog: What to Read

    Greg Mankiw's Blog: What to Read

    ...Though politicians often claim that they are working towards "free trade," an idea the book supports,...
    Breeding money like air -- Spring time reading! Has he read all these Books? I wonder why worst books? I might read worst books first then go from there! I love free things, not that I am super stingy like my brother rather, make me feel good, but I search for free things I like instead someone force to me have free things. I know “There Ain't No Such Thing As A Free Lunch” But like Prof, Friedman's Capitalism and Freedom free book but I found it! Lots of things to fry in a hot frying pan!

  • http://en.wikipedia.org/wiki/Capitalism_and_Freedom
  • Saturday, August 30, 2008

    Greg Mankiw's Blog: The Palins: Fans of retirement saving

    Greg Mankiw's Blog: The Palins: Fans of retirement saving

    WoWWWWWWW Jackpot! What a ferreting! The real people - the real story, the ticket for the 18 millions surely!And More... Nice to have heap of ferreting friends cheesy places and around traps – gets all these nice juicy stuff!

  • Sarah Palin
  • Friday, August 29, 2008

    Greg Mankiw's Blog: McCain veep pick is not a member...

    Greg Mankiw's Blog: McCain veep pick is a member...

    NO experience + NO experience = experience
    No experience + Experience = No experience
    and
    Experience + Experience = Experience

    Greg Mankiw's Blog: Sachs on the Digital Divide

    Greg Mankiw's Blog: Sachs on the Digital Neighbours

    Lots of great minds around the world you know! - This is great example where you do thing gracefully when you have plenty - make world less painful!

  • Prof E. Brewer
  • Thursday, August 28, 2008

    Greg Mankiw's Blog: The Political Divide

    Greg Mankiw's Blog: The Political Divide

    My grandmamma used to say – she was an extraordinary waste not person. I think she was the finest example of ultra resourceful environmentalist– "when you have plenty you can help others by sharing." She was talking modern economic terms “Spillover effect”.
    Our farm and our business (brewery and fishing) were generated large jobs; Town people know that they have jobs in our farm and our business if they want.
    We can not yield our business without their help! In these days Korean didn’t have welfare system. People don’t like handout, even if uneducated country people! Anyway been thinking, 100% employement my hometown is, the norm made everyone impossible not working!

  • Justice(economics)
  • Greg Mankiw's Blog: Ec 10 is now in Gen Ed

    Greg Mankiw's Blog: Ec 10 is now in Gen Ed

    Lots of smart students doing exactly same thing as their parents do? – true or false?

  • Curriculum
  • Wednesday, August 27, 2008

    Greg Mankiw's Blog: Seeds of a Mess

    Greg Mankiw's Blog: Seeds of a Mess

    Seed to grow --take a five years! Pure economic mess - People should sue the New Agency for the mess --


  • Construction
  • Greg Mankiw's Blog: Feldstein on the Housing Market

    Greg Mankiw's Blog: Feldstein on the Housing Market

  • Defult
  • Greg Mankiw's Blog: Dynamic Scoring

    Greg Mankiw's Blog: Dynamic Scoring

    Confrontation to understanding - Fate of Tax
    Let me weep over your cruel fate
    And that I long for your full coffer

  • Dynamic scoring

  • Prof Dan Ariely
  • Greg Mankiw's Blog: Volatility is up

    Greg Mankiw's Blog: Volatility is up

    “What made investors so damn exuberant or so gloomy?” It depends on what sort of cycle you are in – everything cycle, 9000 heads monster, cherub, bitch-fox, piranha godly grief courses of living that is all…

  • Herd

  • Volatility

  • Dr. Markus Glaser

  • Prof. Dr. Dr. h.c. Martin Weber
  • Tuesday, August 26, 2008

    Greg Mankiw's Blog: Feeling Her Pain

    Greg Mankiw's Blog: Real People Real Pain - Feel Deeply Deeply!

    I feel deeply deeeeeeeeply her powerless saddled real debt $24 million and husband for looking for paycheck … miles miles around world… what a real couple…

    Greg Mankiw's Blog: Reports from Jackson Hole

    Greg Mankiw's Blog: How Wonderful Place Not to Go!

    Sadly Missed This Year! Gee lots of good old things around, like my home town, you can walk backward, all the way home!! Light house is not really old look,it probably painted it for new looking for visitors! Fair enough, exactly the place you go when you are nutty!! And this year, go to the international summer hole congregation!



  • Nantucker Massachusetts

  • Nutttucker - Must NOT Read!
  • Monday, August 25, 2008

    Greg Mankiw's Blog: A Reading for the Pigou Club

    Greg Mankiw's Blog: A Reading for the Pigou Club

    Pigou Club Deathless Certification!


    Car accident

    Greg Mankiw's Blog: Summers on Trade

    Greg Mankiw's Blog: Summers Sizzling Hot Trade

    The global consensus is unravelling and always has been, first and foremost!

    Old Roman Money


  • Trade
  • Sunday, August 24, 2008

    Greg Mankiw's Blog: Friedman on Nudge

    Greg Mankiw's Blog: Tugboat on Nudge

    Versatile tug boats – I love tugboats!! They are gentle but no non-sense!

    Wellington Harbor Beautiful Tug Boats


    They remain my red boots - Very very beautiful!

  • Tugboat
  • Greg Mankiw's Blog: Biden on International Trade

    Greg Mankiw's Blog: Unveiling USA Candidates!

    Here is a HUGE Korean Ship! -- All about Free Trade


    You need to do bit of whoring, better loved by many free hot whores rather then one cold mistress!
    Before this I didn’t know who was the real one --- if I were USA citizen!
    Biden bottom middle Barack bottom left and McCain. Right Top! --- I know now where is my road is if I were!

    Free Trade

    Greg Mankiw's Blog: Does money undermine community?

    Greg Mankiw's Blog: Does money can make difference?

    Yeah Yeahhhhhhhhhhhhh!
  • Peter Singer Wiki

  • The Ethics of Life
  • Greg Mankiw's Blog: Corporate Taxes Here and Abroad

    Greg Mankiw's Blog:USA's Steady Corporate Taxes

    OECD Investment News

    Thursday, August 21, 2008

    Greg Mankiw's Blog: Charlie Rose interviews Austan Goolsbee#links

    Greg Mankiw's Blog: Charlie Rose interviews Austan Goolsbee

    Everyone has right to say whatever they want – bit worry some although humh… So called a smart academian who is very much medley in love for his party that make him blinded to see the true. but then the terms of true also questionable, as which side you are in, which state of mind you are in… anyway I think he is on under influence (duress) of the love of his love so his thinking is not rational… but then we all know love is make you silly… silly man… he will lose all for sure! When you are under duress from a silliness the sky is looks like a little coins so he doesn’t have any clue what is in rolling in his tongue… as they say “you never truest people who talk too much!” But anyway this world has full of unfairness and also fairness depended which side you are in.

    Mind you we humen are very much like the nature... We would like to pay what is equitable and fair… also been thinking about terms of equitable and fairness, it is a big question – how to measure the equable and fairness… one thing for sure I certainly don’t want to pay tax every steps I make and government(or a candidate buying his votes) subsided the rich fat framers to buy more gasoline to burn for the production of their cone for bio-fuel for their fat wallats while lots of children are hungry!!

    Tax on Solar terms
  • Solar terms

  • Laffer curve
  • Wednesday, August 20, 2008

    Greg Mankiw's Blog: Pindyck on Energy Policy

    Greg Mankiw's Blog: The favorite sonnet of the Pigou Club:
    "a tax on carbon, a tax on gasoline -- a large one"

    This is from an Oxfam Briefing Paper

    Another Inconvenient Truth

    The current biofuel policies of rich countries are neither a solution to the climate crisis nor the oil crisis, and instead are contributing to a third: the food crisis. In poor countries, biofuels may offer some genuine development opportunities, but the potential economic, social, and environmental costs are severe, and decision makers should proceed with caution.

    Ethanol tariffs

    The most salient example of this in both the USA and the EU is the tariff raised on ethanol imports. The USA applies a tariff of 2.5 per cent and $0.54 per gallon added duty ($0.1427 per litre); the EU €0.192 ($0.30) per litre; Canada C$0.0492 ($0.047) per litre. While in all cases, preferential access is available to certain countries, these tend not to be significant producers of ethanol. Most notably, the tariff applies to Brazilian ethanol in each case. The net effect is to significantly reduce imports.

    Although Brazilian ethanol production is far from perfect and presents various social and environmental sustainability problems discussed elsewhere in this paper, it is the most favourable biofuel in the world in terms of both cost and GHG balance. To argue that your policy objective is emissions reduction while simultaneously restricting imports of Brazilian ethanol is incoherent.

    The costs of these distortions extend beyond the financial. The most profound example is the USA, where production of corn-based ethanol, sheltered from competition with its sugarcane cousin, continues to snowball. This is not a good thing: corn ethanol is heavily dependent on fossil fuels, often coal, endowing it with one of the worst GHG and energy balances of all...

    Tuesday, August 19, 2008

    Greg Mankiw's Blog: Dr Boom

    Greg Mankiw's Blog: Dr Boom

    You can change him very simply – He is Dr Boom Boom from now on here, he opens a fortune telling business... he is happy now...he can smile nicely too...

    Anyway I would like to comments on Dr Roubini's comment:

    Roubini said “….This might be the beginning of the end of the American empire.”

    I disagree with him on this as:

    USA is not only has a military power to able to invade other counties but as well as political, beacon of economics, scientific and cultural power.

    USA’s economy is still growing even 2-3% scales.
    USA has the biggest international brand power houses: MacDonald, Coca Cola, Microsoft, Google e.g
    USA has major top universities; Harvard, MIT and Princeton e.g
    USA is the leader of world science and has major scientific research centers, attracting lots endorsements.
    USA is attracting best brightest people around world; “brain drain”– this is future growth.
    USA has major entertain industries; leading movies, games, various music industry e.g
    USA went to the moon, attracting many great engineers and scientists research on frontier; space , deep seas e.g.
    USA is major donor poor counties e.g Africa and solving lots of world problems, which make them easier excise its superpower.
    USA is democracy and free market ….

    No countries match on these so far… the "Sword and Seal"...

  • Superpower

  • Nouriel Roubini
  • Monday, August 18, 2008

    Greg Mankiw's Blog: Obama's Top Marginal Tax Rate

    Greg Mankiw's Blog: The Marginal Life

    This is a tasty bit!

    "When added up, the top effective marginal tax rate rises...from 37.9 percent to roughly 48 to 50 percent."

    "I suppose that, for thinking about work incentives, one should add on a few percentage points for state and local taxes as well."


    In addition, a few percentage of breathing and walking as well, that would be nicely add up about 60%! who knows then everything for free, rest of the money is for your nice pocket money! Then no one wants to go to work, hehehe there would be no money for the Coffer!!

  • Tax
  • Sunday, August 17, 2008

    Greg Mankiw's Blog: How to Prop Up the Housing Market

    Greg Mankiw's Blog: How to Prop Up the Good Breeding

    Interpretation - How To Increase Nation's Wealth -Proven Track Record Of the Most Politically Incorrect Way - Good Breeding Exercise!

  • Real Estate
  • Friday, August 15, 2008

    Greg Mankiw's Blog: Toward, and Away From, Bipartisanship

    Greg Mankiw's Blog:"First, and Last always Together "

    An eyes popping sentence!

    The tax rate on dividends would also be 20% for families making more than $250,000, rather than returning to the ordinary income rate.

  • Bipartisan
  • Wednesday, August 13, 2008

    Greg Mankiw's Blog: The Obama Tax Plan

    The Obama Blameless Hidden Agenda

    Click through to read the wisest ferreting’s, but here is your eyeball popping and blood boiling!

    Surely without the full Coffer how could he fulfilled all the cheesy promises!

  • Income tax

  • Tax rate
  • Tuesday, August 12, 2008

    Greg Mankiw's Blog: The Big Sort

    The Stuck Together "Scratch My Back I Scratch Yours "

    ..."The facts of life do not penetrate to the sphere in which our beliefs are cherished,"...writes Proust.(THE VITAL CENTER, Schlesinger, Arthur M.Jr)

  • Economic restructuring
  • Arthur Schlesinger, Jr
  • Monday, August 11, 2008

    Greg Mankiw's Blog: Feldstein on Monetary Policy

    Greg Mankiw's Blog: Feldstein on Monetary Policy

    Perfectly competitive market, neither employers nor employees have market power and where labor is not unionized. Union employee a wide variety of strategies – exertion of power to force employers to pay higher wages. They exercise of power thought strike e.g. do more then imbalance power between employer and employee – where unionization gives employee upper hand. If wage that employer are forced to pay as result of the exercise of union power is higher than the competitive equilibrium wage in this market the unemployment will be created.

  • Monetary policy

  • Union wage premium

  • Enterprise Bargaining Agreement
  • Sunday, August 10, 2008

    Greg Mankiw's Blog: Obama's View of Oil Markets

    Greg Mankiw's Blog: Obama's View of the Basic Forces

    "...It is not lack of competition that is keeping oil prices high but, rather, the basic forces of supply and demand..."

  • Newton principia

  • Legal Positivism

  • Theories of law - Wiki
  • Saturday, August 9, 2008

    Greg Mankiw's Blog: Ec 10 in an Alternative Universe

    Greg Mankiw's Blog: Ec 10 in an Altered State

    His grand coming out tour

    Ahaaaaaaaaa Finally Come Out!!

    Today Ec 10 Lesson

    Friday, August 8, 2008

    Greg Mankiw's Blog: The View from the White House

    Greg Mankiw's Blog: The View from the Heart
    ...
    10-second macroeconomic review

    GDP = Consumption + Investment + Government spending + Exports - Imports = C + I + G + X - M

    In summary:

    * We think the stimulus is working and increased Q2 consumption and GDP.

    * The effects of the first stimulus are not yet complete. Most of the cash is out the door, but we think there will be increased consumption effects this quarter, and a diminishing amount in Q4.

    * For many, "second stimulus" is code for "allow Congress to increase politically popular government spending shortly before Election Day, and call it macroeconomic stimulus."

    * Increased government spending is slow and ineffective macroeconomic stimulus.
    ...

  • The Ripple Effect

  • Spending multiplier
  • Thursday, August 7, 2008

    Greg Mankiw's Blog: Is a windfall profits tax Pigovian?

    Greg Mankiw's Blog: Is a windfall profits tax Pigovian?

    To keep things simple, imagine we were considering a small country that takes the world price of oil as given. Then a windfall profits tax on domestic companies discourages domestic production, but has it has no effect on domestic consumption.By contrast, a Pigovian tax at the gas pump reduces domestic consumption but has no effect on domestic production.
    In a hypothetical closed economy, production and consumption are the same, so the two plans become closer. But even then they are not exactly the same. A tax on (accounting) profits is not the same as a tax on production. The former may distort the the choice of factor inputs (that is, capital vs labor), while the latter will not.

  • Gear
  • Wednesday, August 6, 2008

    Greg Mankiw's Blog: Feldstein on the Tax Rebate

    Greg Mankiw's Blog: Lets Do "Kick Start" Priavte-Sector Damand

    Many mopeds and scooters still carry both a kickstart and an electric start, the former being useful in case the latter fails, as scooter and moped batteries tend to be smaller and, as a result, run down much faster than other forms of automotive batteries. Also, it is usually not possible to push start a moped or scooter with automatic transmission.

  • Kick Start - Authoritive Kick
  • Martin Feldstein
  • Economic Stimulus Act of 2008
  • Greg Mankiw's Blog: And they call this "progressive" taxation

    Greg Mankiw's Blog: And Renamed "Dark Vile" taxation

    Arguments against implementation "Suicide Tax"

    The diminishing returns argument applies to the fraction of income used for present consumption. As income rises, diminishing returns implies that a smaller and smaller fraction of income will be spent on consumption goods. The remaining income will (of necessity) be used to purchase capital goods. This acts as a form of positive feedback that in turn yields more income for capital spending. Meanwhile (and because) these capital goods induce a decline in the costs of production which has the effect of raising real wages generally and implicitly raising the general standard of living. The income paid back on the capital helps create the disincentive to consume that creates capital spending. Thus, those capitalists who effectively manage their property are rewarded and given control of more (newly created) property, of which they are increasingly less inclined to consume and increasingly more inclined to purchase capital goods and thus further elevate the general standard of living by driving down the costs of production. As they acquire more capital goods, eventually their ownership outstrips their ability to manage and oversee what they own; however, they only control as many capital goods as can be attributed to the income of their prior capital---which previously did not exist. Therefore, their ownership does not negatively contribute to the general standard-of-living relative to counterfactual state of them not purchasing those goods. It would thus be misleading to argue that redistributing their capital may yield further increases in the standard-of-living. Doing so may well cause that effect, but doing so neglects that it was the assumption that redistribution would not happen that induced the accumulation of capital. — Eugen von Böhm-Bawerk, Karl Marx and the Close of his System, 1896.

  • Ross Lockridge, Jr.

  • Progressive Tax
  • Monday, August 4, 2008

    Aleksandr Isayevich Solzhenitsyn

    Aleksandr Isayevich Solzhenitsyn

    Aleksandr Isayevich Solzhenitsyn passed away at August 3, 2008.
    My love affair with Russian literary started when I was eight or nine years old from my uncle room. First Tolstoy’s the Resurrection. I didn’t know what that all words and meanings begin with but I read bits and pieces and became aware new things, difference things. He had a huge collection of philosophy and literary especially Russian and German. Some of these books and prints pictures were forbidden than. I was not allowed to enter his room but no one knew what I was doing anyway. I dug out hidden images underneath bookshelves, unbelief I was horrified and fascinated. During school holidays I was eager to come back home from Seoul. The dark moody with mould scented room was waiting for me with long lost friendly warmth. Poems, I start wrote poems than… dark immensity I was dreaming the landscape and lead to music… you can feel the people suffering, darkness despair longing and the great beauty. Yes I learnt the Beauty from the giants.

    Greg Mankiw's Blog: The Wu Index

    Greg Mankiw's Blog: The Wu Index

    "let w be the predicate: to be a predicate that cannot be predicated of itself. Can w be predicated of itself? From each answer, the opposite follows. Likewise, there is no class (as a totality) of those classes which, each taken as a totality, do not belong to themselves. From this I conclude that under certain circumstances a definable collection does not form a totality." Russell (June 16, 1902, letter to Frege)

  • Information about:N. Gregory Mankiw - RePEc
  • Greg Mankiw's Blog: A Reading for the Pigou Club

    Greg Mankiw's Blog: A Reading for the Pigou Club - Crude Greasy Brains

  • From Harvard economist Ed Glaeser
  • Sunday, August 3, 2008

    Greg Mankiw's Blog: A Paradox

    Greg Mankiw's Blog: A Paradox

    Alan often told to me: “you are impossible, bad tempered, selfish, impractical, ridiculous, obnoxious, so therefore no man have you BUT only me!” I am not sure whether he really means I am a loveable or not! Here are some of my nickname from him among many many; pest, ferret, cherub... He basically tired of me asking so many questions...so I am asking myself...

    Actually my grandmamma used told me similar: "you are untidy, talk-back and wild, willful, so many quesitons, playing with boys, not wearing socks and you always run - no man going to marry you(this is a big insult in Korea, within family Threatening!)!" hehe she was wrong!!!

    But actully I agree with her, as you can see I am completely lack of all the virtue any good Korean girl should have or any western girl should have. Who was going to marry a girl like me, Alan always tells me, he was the shining knight who rescued a bad tempered skinny girl with fiery eyeballs from the pit!

  • Paradoxes and Contemporary Logic

  • Statistics
  • Saturday, August 2, 2008

    Greg Mankiw's Blog: Why food prices are rising

    Greg Mankiw's Blog:Food prices? Blame Policies, Not Markets!

    "...a top World Bank agricultural economist, have imputed a large proportion of the rise in food prices to the growing use of food crops for fuel.

    ...The leading trading countries have repeatedly failed to commit to real reform, with short-term political convenience overriding their own national long-term interests."


    Think about it, how many politicians have guts to take a risk their “minority” vote for sake of nation’s long term interest! Masquerade under “farm”, for many - it is very emotional word.

  • Doha Development Round
  • Greg Mankiw's Blog: What do economics and hummus have in common?

    Greg Mankiw's Blog: What do economics and hummus have in common? Hot spicy and temperamental!



    This is my favorite hummus

    This is my Korean favorite - Don't know how to make, takes ages to make! That is only I know! Eating? - No Worries!


    This is another my favorite Pampushky which I am going to try!

    This is the most mind boggling of all - The Divine Solow Delicacy


    Here are recipe of variety neoclassical cuisine,
    Rid your insatiable gourmet with style of gallantry.
    Vibrant texture; color style space filled your emotion!
    Occupied immensity with coral trout, beautifully lacquered
    Firebird Peking duck walking with tangy, fleshed faced
    With parched-thin skin, sense of sublime through desire to be worship!

  • Neoclassical

  • Yummy Hummus
  • Friday, August 1, 2008

    Greg Mankiw's Blog: More on the GSE Rescue Bill

    Greg Mankiw's Blog: More on The Old Fat Dowager Wolf Tribute

    Hire few bloodthirsty ferrets go through the cardiovascular systemic circulation

    Greg Mankiw's Blog: The Cost of Being PC

    Greg Mankiw's Blog: The Cost of Being Crazy

    He live in his mad house - his brain
    Positioned an elite well sheltered mad institution
    Get PhD in Economania
    Lucrative and profitable, no worries
    Aggregated demand for his fundamentals
    Aggregated supply for his choosy cool Grande Latte hot summer day
    Then become a tenured nut prof
    Genders talons in his brain
    Sultan of secular racisms sexism fascism dimorphism eugenics
    Become a famous brand - the life is fundamentally fair!

  • Eugenics
  • Thursday, July 31, 2008

    Greg Mankiw's Blog: Why everyone hates high gas prices

    Greg Mankiw's Blog: Prof Dan Ariely's Crazy Hypothesis -- BDSM

    Pardoned on your wallet – tyranny gasoline - finally we all know we are enslaved by the master, we hate it but we can not live without it. Hoping someday a shining knight with alternative sword rescues us this dependence --- it is not a yogurt matter it is soul matter! Drops of lewdness everyone’s tongue with a crude station!

  • Dan Ariely
  • Tuesday, July 29, 2008

    Greg Mankiw's Blog: LHS, vindicated

    Greg Mankiw's Blog: LHS, vindicated

    Dear Heaven, Earth and Moon and Sun

    He committed unforgivable sin
    He engendered and imperiled for our human species
    His mind is off the rail track and runs wild
    He is undoubtedly mad lots of vile in his tongue
    He is a wicked master of devil incarnation
    A tyranny of nastiest
    Irreclaimability of warrant
    Embarked with a grand drops of conceit
    Reward him 1000000000000000000 whips at his bum!

  • Gender role
  • Greg Mankiw's Blog: The GSE Rescue Bill

    Greg Mankiw's Blog: Rise your swords, shining faithful knights at their services!

    Rise your swords, shining faithful knights at their services to her grace gravely fat sickly dowager! Gee, yes either way good or bad she commends attention the name of trillions. I think she has so much plastic surgery, without any decent exercise just feeding herself up many years, all her organs is going to shut down so need major surgery!

    Monday, July 28, 2008

    Greg Mankiw's Blog: Save My Iced Grande Latte!

    Greg Mankiw's Blog: Save the mutton brain, blanketed with a cavemen tool

    Congress to Halt Closing of Unprofitable Starbucks – but How? Why? What for?
    "Corporations cut unprofitable activities to focus on increasing the bottom line, and returning value to shareholders! --- The name of the game!
    “They would need ESL classes and cultural training to learn how to relate to ordinary Americans and function in society.”... What if the say “ the ordinary Americans are not their aspiration?” common fair go! Should learning from MacDonald what is all about the global brand – the colonization!
    ...we will reverse that trend... but who is going to pay tax for the aid?
    Anyway people who drink white Iced Grande Latte is a bosomy, I am hot straight tall black monopoly
  • Colonialism

  • Ant
  • Sunday, July 27, 2008

    Greg Mankiw's Blog: Resilience

    Greg Mankiw's Blog: Resilience: "Resilience - Foundation"

    You remove few walking lawless evil nightmares of course bouncing it back. Economy is very much like a “human” need treatment sometime little sometime a major surgery, self –correction and up and down - Economy need a yoga practices, need a universal twist e.g - building up its flexibility! Prevent strains and stiffness!
    Foundation is important – without it, it is difficult to deal with the streets. Like me I am hardly sick I am very fit, I have a tank like endurance(Resilience is more correct?) I think, this is come from gene – all our family tall and fit- and years addiction of exercise. AND I was born a village where so many good things – no pollution!

  • Resilience

  • Young's modulus

  • Credit squeeze

  • Squeeze exercise
  • Friday, July 25, 2008

    Greg Mankiw's Blog: The View from Chicago

    Greg Mankiw's Blog: The View from Essential Window

    Gee, stimuli, mutiny mutiny!
    You will get the best echoed ripples...

  • Daniel Fischel
  • Political party
  • Ambivalence
  • Thursday, July 24, 2008

    Greg Mankiw's Blog: Cross-Price Elasticity of Demand XII

    Greg Mankiw's Blog: Mega surviving techs competition

    Flying feet forever – search for gasoline salvation, you only can find your salvation through greenery techs! Wow he finally takes off now!! Probably heading for poles! He might be a mad slave driver!

  • Aviation

  • Single aisle

  • Airbus A320
  • Wednesday, July 23, 2008

    Greg Mankiw's Blog: Thanks, LBJ

    Greg Mankiw's Blog: LBJ Dowager - One tidbit:

    What a feed for a dowager over the years, in her advanced years she still commends an affection with her fat hands, with handsome choosy gigolos, she might chocked herself during the peak.

  • Special purpose entity

  • SPE Are Often A Clever Way to Raise Debt Levels

  • Enron scandal
  • Tuesday, July 22, 2008

    Greg Mankiw's Blog: Time to pass out the WIN buttons

    Greg Mankiw's Blog: Winning inviolable non-stop

    Now, economy, inflation is beyond dismal. You dare your luck to do nastiest. You are your own twin lodging in your brain. The sum of all the horrors; the disgrace the beggary the pitiable spectacle, all the stupid advance age and this terrible vision will reward for the weapon of your bloody nerdness and will be the best of luck!

  • Haggling

  • Price discrimination

  • Bargaining
  • Sunday, July 20, 2008

    Greg Mankiw's Blog: From The Daily Show#links

    Greg Mankiw's Blog: From The Daily Show#links

    Economy all about digging grave yard, who dig more deep who gets the points.There is no right or wrong in economy; everything is right everything is wrong, the point of the view of majority or minority that “only” count. When economy is going well – well no one talk about it. When their wallets on a gate of the graveyard everyone get blood in their eyeballs – bumping Bumper stickers their sockets for the bull terriers barking!! But then that make us so loveable creatures - when you are fighting you are more alive… Economy stupid is stupid stupid economy alalal a mad woman in a mad house.

    Why baby are generally happy? Unless they are sick. Because they have no worries. When they cry because they want to eat and their nappy been changed.
    If you don’t know much about things that probably make you more happy and an optimistic congenial beauty!
    If you know more you would know then you don’t know much about what around you that make you small and unhappy…? Do you think this make you a pessimistic pit-bull?

  • Mankiw's 10 Principles of economics translated- bla bla bla people are stupid and a basket of Snickersbar, Craniological stupid candybar!!!

  • Click here Daily Show - the Stupidonomy
  • Greg Mankiw's Blog: A Income Tax Surcharge on Old, Sick People

    Greg Mankiw's Blog: Great Mean - Testing

    Mean – Testing individual, if they hide their income somewhere; family or Cayman Islands e.g law reform for the provision. Australian we have “ Means-Test”.
    And also “The Statute of Frauds 1677, Agreement buying or selling land…required evidence to be writing”.

  • Means -Test

  • Welfare state

  • Superannuation in Australia

  • Baby boomers
  • Saturday, July 19, 2008

    Greg Mankiw's Blog: Cross-Price Elasticity of Demand X

    Greg Mankiw's Blog: Because of the Gasoline Price

    Risks to civilization, humans and planet Earth - Crzy, Crzy
    Earth is choker block so we need another place to live, surely somewhere up there it waiting for us to discover!
    Hoping after I die the Earth gone to a madhouse so that I don’t know about her sad madness!
    Earth is fundamentally sick; mentally and psychically worn out – too many children, almost 7 billions, will grow fast, she doesn’t have resources to fed them unless she find another…, or and otherwise she might committed a mess suicide - just one BigBang! but then that is too simple way out! Or Or she is mad so she doesn’t have right mind so, gives her childern poison, drown or stave slowly slowly painfully die togther... sad... BUT?

  • Substitute Good

  • Risks to civilization, humans and planet Earth

  • World population
  • Friday, July 18, 2008

    Greg Mankiw's Blog: Ed Glaeser on Paul Ehrlich

    Greg Mankiw's Blog: Butterfly Strategy

    Enchanting Butterflies. I love butterflies, I had so many of them in our old houses, best catch them at midday at summer, because they are resting at the flowers and listening summer songs. You don’t know what I am talking about the summer songs, only you can hear at the moment at the field and gardens. All thing beaming smile silently I think...


    Greg Mankiw's Blog: Butterfly Strategy



  • Lepidoptera

  • Female reproductive system (human)

  • Paul Ehrlich

  • Edward Glaeser

  • Mimicry

  • Butterfly

  • Butterfly Effect

  • Political entrepreneur

  • Strategic Dominance

  • The Population Bomb
  • Greg Mankiw's Blog: Who needs an inflation-targeting central bank when we have Pick n Pay?

    Greg Mankiw's Blog: Pricing

    Good Try!! I know what you are doing! Fist of bribe - Villainy of seduction, but least summons its intention!



  • Pricing
  • Greg Mankiw's Blog: Wisdom

    Greg Mankiw's Blog: Wisdom

    Greg Mankiw - Principles of Economics

    "Wisdom" - The word economy comes from the Greek word oikonomos, which means "one who manages a household..." drop off what you are doing - dig economy! Become a cool Wisest! Making lots of money, he must get his PhD economy for managing his money! He can paint his own money!

  • Milton Friedman

  • Wisdom

  • Eastern Philosophy
  • Thursday, July 17, 2008

    Greg Mankiw's Blog: Competition is good for consumers

    Greg Mankiw's Blog: Competition is good for consumers


    Discounted 0.50cent for the foot in the door, prove yourself as a reliable good worker and bargain again, this time $2.10. Here is another possibilities for an extension market(monopoly!); play cello for $2 and play piano $2(practices and making money same time! if your brother complained the noise, tell him you are “working”! and tell him he doesn’t have the tuning ears!) gathering fruit $2, pick up eggs $2, tidy up your room for $2 and comb grandmamma hair for $2, reading script for $2, change water altar daily $2, changed candles $2, maintaining Four Friends of the Study $2, feed chickens $2, feeding dogs(Yellow (Nuruyingyi (Korean))and Boop(Korean?)) for $2, cut flowers $2, watering orchid for $2 = Sum of $28, discount price altogether $15 weekly, as you don’t have to do them daily! You can buy lots of cartoon book! And ice-cream too! Wowww, gees gees geee…gigs this is very profitable market! Make sure positioned as monopoly yourself! If you brother try to enter the competition, well yell YELLLL….at him with your foghorn voice, saying this is your market!

  • Competition

  • Consumer

  • Personalized marketing

  • Employment Trends (EMP/TRENDS)
  • Greg Mankiw's Blog: Cross-Price Elasticity of Demand IX

    Greg Mankiw's Blog: Cross-Price Elasticity of Demand IX - Flying Econo-obnoxious

    Korean cars hit the jackpot! Nasty gasoline price good for the Korean car industry! Gasoline, you are a hansome-ist meanness!! High High up up!! He he…

  • Histroy of the Automobile

  • Used Car

  • Automobile
  • Tuesday, July 15, 2008

    Greg Mankiw's Blog: What I am doing this week

    Greg Mankiw's Blog:He is doing the HP Filter this week

  • James H. Stock - Optimal Invariant Tests for Instrumental Variables Regression

  • Wow! he stays at a nice hotel!

  • Time series

  • Linear filter

  • Kim, Hyeongwoo - Hodrick-Prescott Filter

  • Kim, Hyeongwoo -Working Papers

  • Hodrick-Prescott filter - Wiki
  • Greg Mankiw's Blog: Career Planning

    Greg Mankiw's Blog: Career Planning - Life Planning

    Concur career planning model!

  • All about Career

  • Occupational Outlook Handbook (OOH), 2008-09 Edition
  • Greg Mankiw's Blog: A Reading for the Pigou Club

    Greg Mankiw's Blog: A Reading for the Pigou Club
    Fearful madness fortunetelling “Gas”, Let me see your fat face. A lucky face. You are a big nosed Pinot Noir flavored expression only in your night-cap. World now listen your spiral string orchestra, grace of every end of human existence. Gas, recover your memory where you had your price was a scrape of a hanging gallows. I am not envy your greasy eminent face, rather I would like to be a lean and mean rollerblading face-physic.

  • Pigovian tax

  • Alarm on carbon trading scheme - Jeffrey Sachs

  • Health topics
  • Sunday, July 6, 2008

    Climate Change All Saved in Here -

    Greg Mankiw's Blog: Rogoff joins the Pigou Club: "Rogoff joins the Pigou Club"

    A while back, Greg Mankiw gave four reasons not to join the Pigou Club:

    1. You deny the existence of these externalities as a type of market failure...

    2. You recognize the externalities but you don’t think the government should try to respond to them. You are such a believer in small government that you are willing to live with inferior economic outcomes, such as pollution and congestion.

    3. You recognize the externalities, think the government should try to correct them, but think the current low taxes we put on gasoline are sufficient...

    4. You recognize the externalities but think the government should try to correct the market failure through regulations (such as CAFE standards) or through market-based solutions that do not raise government revenue (such as cap-and-trade systems)...

    The Pigou Club

    Bryan Caplan Politely Declines to Join the Pigou Club - Yeah, he might have better ideas!

    Garnaut Climate Change Review


    Garnaut Review

    The Pigou Club Manifesto
    All you need to know about Garnaut

    Reserve Currency

    Reserve Currency
    Forex Online Training Courses- Learn how to make money online

    Saturday, July 5, 2008

    Greg Mankiw's Blog: The Snarkiest - Coolest url of All Time

    Greg Mankiw's Blog: The Coolest url of All Time

    I think it is a great idea for the Chinese image, all culture events are nice touch feeling. What An enchanting invitation!

    Societal psychology is characterised by fifteen key propositions:

    1. Human beings need to be studied in a sociocultural context
    2. The individual and the collective cannot be separated ontologically
    3. The ecology of the environment, its objective characteristics, needs to be studied alongside its mediated reality
    4. People create social organizations - but it is the social organizations that recast people
    5. Innovation is as much an imperative of the social system of relations to the environment as is conformity
    6. The aim of societal psychology is the development of conceptual frameworks or models rather than the forlorn search for invariant laws
    7. The need for theoretical pluralism
    8. There is a need to maintain a historical perspective
    9. Cross-fertilization between societal psychology and the other social sciences is indispensable for the adequate analysis of social phenomena and social systems
    10. There is a need for cross-fertilization among societal, developmental, and personality psychologists
    11. There is also a need for cross-fertilization between basic and applied research
    12. Societal psychology requires a systems approach
    13. The study of a social phenomenon requires a multilevel approach, at the macro as well as the micro level
    14. We need to accept and examine the implication that there is no such thing as value-free social research
    15. We need to adopt a much wider range of research tools

    --

  • Photo Essay: Revisiting the Most Controversial Olympics of All
  • Culture of Australia
  • China Culture
  • POP CULTURE; The New Colossus: American Culture As Power Export
    Symphony of Millions - Melting Love
  • <

    Greg Mankiw's: Moving down the NX(e) curve

    Greg Mankiw's Blog: Moving down the NX(e) curve - International price for brain currency - Mind Bargain, Cycle Sale

    Everyone gets bargain: Oversea student can study top universities, USA can attract quality of human resource to build knowledge economy(if they decide to stay at the USA after they finish their education, even they return their own coutnry, good for the building a relationship) without any taxpayer cost; the student bring their own money for fee, lodging etc… the old saying goes; you can eat chickens as well as eggs. But heheh becuase of the economy suffer … in a life you can not get everything what you want. Give some take some, but occasionally you can get everything; a such as…. Let me think… Yes eventually the economy picks its belly up then you get both brain and money. Conquer with knowledge and mind not a gun! The knowledge economy is the lasting comparative advantage!

    Related Reading:


  • Net Export
  • N Greg Mankiw's Macro Models
  • Reserve Bank Australia
  • Economic and Financial Data for the United States
  • Global Market International Students

  • Foreign Policy: Your portal to global politics, economics, and ideas
  • Friday, July 4, 2008

    Greg Mankiw's Blog: The Good of Affluence

    Greg Mankiw's Blog: The Good of Affluence
    Slave of money or Owner of money - The choice is yours!

    Happiness, so many happiness written form; ethic sacrifice confrontation dedication appreciation, etc… I am not so sure which one which but question is what is really happiness, what is it? Can I feel, see and can touch? The fleeting moment, I don’t know… must worthwhile looking into the life. Why everything so tangled? Why can they simple as baby smile! I am happy now I just feel. Keep this way then…

    Relate Reading
  • Daniel Kahneman
  • Happiness economics
  • Satisfaction with Life Index
  • Psychologist Produces The First-ever 'World Map Of Happiness
  • Maslow's hierarchy of needs
  • Happiness
  • Thursday, July 3, 2008

    Every civilization start from the bed room

    Greg Mankiw's Blog: Not exactly what they had in mind - "Exactly" what they had in mind

    Wow - Wonder how many women fantasized George Bush during their stimulus session – ripple effect.
    Spending multiplier; great increase bed room performance – increase people's happiness - increase productivity at the work –– Decrease inflation – decrease unemployment – Increase nation's GDP

    Wednesday, July 2, 2008

    Greg Mankiw's Blog: Machiavellian Entrepreneurs

    Machiavellian Entrepreneurs - Survival fitness perfect competition – whores shoes pimps tail, oldest cure-all gentle - manly business

    ...And when using the power of the state to thwart competition, they can both pretend to be acting in the public interest.-- Yes, indeed best of the public interest that is why the business sustainable forever as long as where the human is.
    Noble and virtuous sustainable practice: the baits of living is dolly jolly business!

    Relate Readings:
  • Niccolò Machiavelli
  • Speech of Captain William Eastwick

  • ...the Treaty of the 25th November, 1838. Let us read Article VIII. It runs thus.In order to
    " improve, by every means possible, the growing
    " intercourse by the river Indus, Meer Roostum
    " Khan promises all co-operation with the other
    " powers, in any measures which may be hereafter
    " thought necessary for extending and facilitating
    " the commerce and navigation of the Indus."
  • Inevitability of the Conquest of Sindh by the British in 1843