Alkahest

Okay, commenting on global finance is really not my usual shtick, but I’ve got to agree with Barry Ritholtz that there’s something odd in this NY Times article on China’s role in the U.S. housing bubble.  The article describes Ben Bernanke’s 2005 theory that a savings “glut” is driving up the demand for American to [...]

I wonder if the N&O would print this?
Dear Editors,
I have read with some alarm your recent stories describing a dramatic change to our way of life.  Specifically, I refer to those stories of our poor benighted multi-millionaires and billionaires who are having to downgrade their lifestyle in response to the crash of the financial markets [...]

I’m not certain if I’ve joked about it here or not, but recently I’ve taken to commenting that if academic politics are so petty because the stakes are so small, then what does that say about non-profit politics.  The implication is that non-profit politics are even more petty because the stakes are even smaller.  Well, [...]