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News from around the web: 2009-10-26
Homeowners walking away from underwater mortgages – MiamiHerald.com
Strategic default on the rise.
Economics and Moral Courage – Llewellyn H. Rockwell, Jr.
Anecdote contrasting von Mises and Hans Meyer
Government Porkfare Is No Way to End Recession: Caroline Baum – Bloomberg.com
"not all spending is created equal"
FT Alphaville- Break-ING up is so hard to do
The bancassurance model is dead (at Citi too)
Chinese railways and speculating pig farmers
Stimulus malinvestment in China
FT.com – Google’s Android takes on Apple
"Since its introduction a year ago on one device with one carrier, Android has come a long way. It is used on 12 handsets with 32 carriers in 26 countries."
Rolfe Winkler – #100….and counting (+ charts)
Nice video and charts. Take a look.
Nouriel Roubini: Big Crash Coming
He’s not saying immediately. But eventually, yes.
Patchwork Fixes, Conflicting Motives, And Other Things To Avoid: Some Lessons From the Regulated Non-Financial Sectors « The Baseline Scenario
Thoughts on how to build consensus for a more constructive regulatory reform effort.
Dissenting from the Conservative Othodoxy on Taxes – Bruce Bartlett
He is certainly breaking ranks now
Video – Deadly Day in Baghdad – WSJ.com
"Two suicide bombs in Baghdad, Iraq kill more than 130 people and wound over 500 in one of the deadliest days in Iraq this year. Video courtesy of Reuters."
Health care: U.S. spends more, gets less
See the graph on life expectancy vs. expenditure
Snapshots: Health Care Spending in the United States and OECD Countries – Kaiser Family Foundation
Switzerland and the U.S. diverge after 1980
Free Trade in Health Care: The Gains from Globalized Medicare and Medicaid – CEPR
Interesting premise worthy of discussion
Economist’s View: "The Roots of Protectionism in the Great Depression"
"Those countries that clung to the gold standard were more likely to restrict trade than those that abandoned it. "
How to turn pig poo into green power – New Scientist
Turn the poo from toxic pollutant to energy source
Color Differences Within And Between Species Have Common Genetic Origin
A specific gene may be responsible for differences
Distraction of the Day: 6-year-old duct-taped at school
About Edward Harrison
Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience. He is also a regular economic and financial commentator on BBC World News, CNBC Television, Business News Network, CBC, Fox Television and RT Television. He speaks six languages, a skill he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.
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