This makes too much sense...
http://online.wsj.com/article/SB123388681675555343.html
Friday, February 06, 2009
Thursday, February 05, 2009
In Barro's Words ...
Robert Barro Speaks out on the Current Stimulus
A couple of questions / answers ... click above to read the entire thing.
Do you read Paul Krugman's blog?
Just when he writes nasty individual comments that people forward... He just says whatever is convenient for his political argument. He doesn't behave like an economist. And the guy has never done any work in Keynesian macroeconomics, which I actually did. He has never even done any work on that. His work is in trade stuff. He did excellent work, but it has nothing to do with what he's writing about.
Are there any conditions under which you might think spending could have a positive effect on output or is it always going to be the case that as a relative matter that tax cuts are going to be better?
Tax cuts are bound to be better. I think the best evidence for expanding GDP comes from the temporary military spending that usually accompanies wars -- wars that don't destroy a lot of stuff, at least in the US experience. Even there I don't think it's one for one, so if you don't value the war itself it's not a good idea. You know, attacking Iran is a shovel-ready project. But I wouldn't recommend it.
A couple of questions / answers ... click above to read the entire thing.
Do you read Paul Krugman's blog?
Just when he writes nasty individual comments that people forward... He just says whatever is convenient for his political argument. He doesn't behave like an economist. And the guy has never done any work in Keynesian macroeconomics, which I actually did. He has never even done any work on that. His work is in trade stuff. He did excellent work, but it has nothing to do with what he's writing about.
Are there any conditions under which you might think spending could have a positive effect on output or is it always going to be the case that as a relative matter that tax cuts are going to be better?
Tax cuts are bound to be better. I think the best evidence for expanding GDP comes from the temporary military spending that usually accompanies wars -- wars that don't destroy a lot of stuff, at least in the US experience. Even there I don't think it's one for one, so if you don't value the war itself it's not a good idea. You know, attacking Iran is a shovel-ready project. But I wouldn't recommend it.
Tuesday, February 03, 2009
One Laptop per Child initiative -- The OLPC XO-2
I wanted to link this for the picture itself. If we get here, this is very cool. From Warner Crocker: "...The folks behind the One Laptop Per Child initiative are saying that they are going to open source their hardware design for version 2. You’ll remember the design we’ve seen with the dual screen approach. " (read more)
While this design is occurring, in India the government hopes to unveil an incredible cheap computer for the masses and to address the digital divide. India plans cheap laptop option.
Then there is me still lusting for an Amazon Kindle. One thing is for sure. The future of mobile devices goes way beyond the tablet PC and other current devices. However, what I don't see is a digital ink option on these. That is regrettable.
DyKnow 2009 User Conference
DyKnow User Conference
July 22-24, 2009
Virginia Tech
"Conference session times are approximately 60 minutes in duration, with 40 minutes for the presentation and 20 minutes for Q&A. The content should be of interest to classroom teachers or campus technology professionals."
July 22-24, 2009
Virginia Tech
"Conference session times are approximately 60 minutes in duration, with 40 minutes for the presentation and 20 minutes for Q&A. The content should be of interest to classroom teachers or campus technology professionals."
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