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Steve Ballmer quote of the Day
at 2006-04-04 01:44:49
Fortune elicits the quote of the day from Steve Ballmer, CEO of Microsoft: Do you have an iPod? No, I do not. Nor do my children. My children--in many dimensions they're as poorly behaved as many other children, but at least on this dimension I've got my kids brainwashed: You...
Wired: How to Put Your DVDs on Your Video iPod
at 2006-04-04 01:44:49
Why is it that I can buy a CD and legally listen to its content on my iPod, but the DVD I legally purchase cannot be watched on my video iPod? Does that make any sense? You can physically (or virtually) do that, but you are -- believe it or...
So much for "One and Done"
at 2006-04-04 01:44:49
So much for One and Done. In raising rates the expected 1/4 point, the Fed announced that they are likely to keep increasing short term rates for the next few meetings. They threw a little bit of a head fake in there, noting Economic growth has rebounded strongly in the...
Real Fed Fund Rates
at 2006-04-04 01:44:49
Last week, we looked at the historical range of Federal Reserve Funds since 1946. It was a simple mean reversion, and did not incorporate the post WWII price controls, the 1970s inflation spike, or the Bretton Woods agreement. As such, some implied that it overstated Fed Funds rate. Marketwatch's Rex...
Econ 101 Class
at 2006-04-04 01:44:49
I am teaching an Intro to Economics class this spring at NYU's (School of Continuing and Professional Studies). The syllabus for the class is about done, but it is not yet etched in stone. I am starting with the basic law of Supply and Demand, Incentives, then on to Utility...
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