Devon Whittle » Economics

Even Exxon is for Cap & Tax not Cap & Trade

devonwhittle — Tue, 20 Jan 2009 10:21:29 +0000

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.

Even Exxon is for Cap & Tax not Cap & Trade is a post from: Devon Whittle. You can contact the author at devonwhittle@gmail.com.

Great Rodrik quote on financial crises

devonwhittle — Fri, 19 Dec 2008 07:48:55 +0000

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.”

Great Rodrik quote on financial crises is a post from: Devon Whittle. You can contact the author at devonwhittle@gmail.com.

Somali pirates acquire Citigroup

devonwhittle — Thu, 18 Dec 2008 02:48:45 +0000

I found this very funny. A fake Bloomberg piece on the Somali pirates “negotiating a purchase of Citigroup”. Somali pirates acquire Citigroup is a post from: Devon Whittle. You can contact the author at devonwhittle@gmail.com. Related posts:Pirates versus nuclear waste For a bailout, press 'one' Now tweeting live from Arusha, Tanzania

Somali pirates acquire Citigroup is a post from: Devon Whittle. You can contact the author at devonwhittle@gmail.com.

Can't sell it? Raffle it!

devonwhittle — Tue, 16 Dec 2008 02:47:32 +0000

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.

Can't sell it? Raffle it! is a post from: Devon Whittle. You can contact the author at devonwhittle@gmail.com.

Paying a premium for no GPS iPhone

devonwhittle — Sun, 14 Dec 2008 02:49:49 +0000

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?

Paying a premium for no GPS iPhone is a post from: Devon Whittle. You can contact the author at devonwhittle@gmail.com.

Good money, bad money

devonwhittle — Sat, 13 Dec 2008 23:49:35 +0000

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?

Good money, bad money is a post from: Devon Whittle. You can contact the author at devonwhittle@gmail.com.

The financial crisis explained (in video)

devonwhittle — Mon, 24 Nov 2008 07:10:56 +0000

Marketplace has a series of great videos from Paddy Hirsch on video explaining bits and pieces of the financial crisis. It’s a great series, a really easy to get a hang of what happened. The financial crisis explained (in video) is a post from: Devon Whittle. You can contact the author at devonwhittle@gmail.com. Related posts:Great Rodrik quote [...]

The financial crisis explained (in video) is a post from: Devon Whittle. You can contact the author at devonwhittle@gmail.com.

Economics 101: Moral Hazard Defined

devonwhittle — Sun, 23 Nov 2008 07:09:55 +0000

For all those armchair economists out there, Joshua Gans has as post that clarifies what is meant by ‘moral hazard’. It’s a term that gets bandied around quite a lot these days, often inaccurately. Economics 101: Moral Hazard Defined is a post from: Devon Whittle. You can contact the author at devonwhittle@gmail.com. Related posts:Introduction to the economics [...]

Economics 101: Moral Hazard Defined is a post from: Devon Whittle. You can contact the author at devonwhittle@gmail.com.

The law behind Islamic Finance

devonwhittle — Sun, 26 Oct 2008 22:36:42 +0000

The MuslimLawProf has a great post on the law behind Islamic finance law. He notes how rather then using Islamic law to regulate transactions, Islamic finance law utilises primarily New York law to realise the goals of Islamic ideas about finance.

The law behind Islamic Finance is a post from: Devon Whittle. You can contact the author at devonwhittle@gmail.com.

Krugman explains 'new trade theory' and 'new economic geography'

devonwhittle — Fri, 24 Oct 2008 00:58:54 +0000

Paul Krugman, recent Nobel Price laureate, does a great job of explaining, in plain enlighs, the work that he did that won him the prize on his blog. A worthwhile read. Krugman explains 'new trade theory' and 'new economic geography' is a post from: Devon Whittle. You can contact the author at devonwhittle@gmail.com. Related posts:Krugman on food [...]

Krugman explains 'new trade theory' and 'new economic geography' is a post from: Devon Whittle. You can contact the author at devonwhittle@gmail.com.