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The economics of the war in Syria 27 Aug 2013 | 03:56 pm
The Dubai market just crashed seven percent, image here. Here is a longer story. The Saudi market is falling too; in theory that market is soon opening up to foreign investors. There are rumors tha...
Singapore and southeast Asia and tapering 27 Aug 2013 | 03:11 pm
This is from a comment by mbka at Scott Sumner’s blog, I had exactly the same impression: …here in Singapore, the consensus of semi official and private chatter on investment matters, newspaper analy...
Measuring risk with VIX and VXV 27 Aug 2013 | 02:20 pm
Discussing Robert Hall’s latest (pdf), Paul Krugman asks for a measure which shows the evolution of the risk premium for the U.S. economy. Here is one possible candidate: Here is one discussion of t...
Will accurate 3-D reproductions disrupt art markets? 26 Aug 2013 | 11:19 pm
From Amsterdam: The Van Gogh museum in Amsterdam has developed high-quality 3D reproductions of some of its finest paintings, with what it describes as the most advanced copying technique ever seen. ...
How you know Singaporeans are really serious about microeconomics 26 Aug 2013 | 09:18 pm
If you have to pay a fine, say for incorrect behavior in public, the fine is defined as say “$250 plus GST,” where GST is a consumption tax similar to a VAT. Think about it. Presumably you derive co...
Do Not Mock the Freshmen 26 Aug 2013 | 08:45 pm
Here from a 1495 Leipzig University Statute is some good advice for the first day of classes: Statute Forbidding Any One to Annoy or Unduly Injure the Freshmen. Each and every one attached to this u...
Assorted links 26 Aug 2013 | 07:41 pm
1. The rising value of land in Singapore (good photo, soccer-relevant too). 2. Ford’s factory cameras can spot a single speck of dust on a new car. 3. Korean and Chinese arbitrage. 4. Perma-smile s...
A few notes on Singaporean (and other) health care systems 26 Aug 2013 | 11:04 am
This is oversimplifying of course, but you can think of the Singaporean system as “2/3 private money, 4/5 public provision,” with private hospitals on the side. You can think of the UK system as “pub...
Inequality in Singapore 26 Aug 2013 | 02:01 am
Singapore is inequality on steroids, as you might expect from a high human capital, high information tech, growing financial center. Seventeen percent of the population are millionaires, and that is ...
Assorted links 25 Aug 2013 | 09:23 pm
1. A long questionnaire which establishes which famous economist you are most similar to. 2. Korean markets in everything, hard to believe that one. Here is a related Chinese idea. 3. Upper West Si...
