Archive for Economics
Even Exxon is for Cap & Tax not Cap & Trade
January 20th, 2009 • Climate Change, Economics
Tags: cap and trade, carbon cap, carbon tax, carbon-credits
Exxon’s CEO has come out and said that he thinks a carbon tax is a better idea than a carbon market. I wonder if the recent financial crisis has made us query the ‘power of the market’ and the wisdom of giving ‘Wall Street traders’ another tool to play around with and profit from.
Popularity: 1% [?]
Great Rodrik quote on financial crises
December 19th, 2008 • Economics, Funny
Tags: financial crisis, Funny, GFC, quote, rodrik
Great quote from Rodrik: “When developing countries get into a financial crisis, the problem must lie with their venal politicians and lack of financial discipline. When it is U.S. that is in trouble, the fault must lie with the system. Of course.”
Popularity: 1% [?]
Somali pirates acquire Citigroup
December 18th, 2008 • Africa, Economics, Funny
Tags: Citigroup, Funny, hilarious, pirates, Somalia
I found this very funny. A fake Bloomberg piece on the Somali pirates “negotiating a purchase of Citigroup”.
Popularity: 1% [?]
Can't sell it? Raffle it!
December 16th, 2008 • Economics, Funny
Tags: dodgy, financial crisis, Funny, GCF, home, house, solicitor, UK
This story is from a while ago, but is still quite funny. In the current economic climate people are finding it hard to sell their house, so instead they are running “prize draws”. Of course, now their getting in trouble for running an unlawful lottery. Very clever economics though.
Popularity: 1% [?]
Paying a premium for no GPS iPhone
December 14th, 2008 • 3 comments Economics
Tags: Egypt, GPS, iphone, strange
This is just weird. Egypt strictly regulates the use of GPS devices, so no mobile phones with GPS are allowed. Now Apple is going to selling iPhones with GPS disabled, and even stranger it’s about triple the cost. Why bother?
Popularity: 1% [?]
Good money, bad money
December 14th, 2008 • Africa, Economics, Funny
Tags: Africa, counterfeit, fakes, money
I’ll have to remember to get some recent money if I ever get to Sierra Leone or Tanzania, given Blattman’s recent post on old money in Uganda, Somalia and elsewhere. Turns out 20th century money is so…last century?
Popularity: 1% [?]
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