links for 2007-09-15

• Satellites witness lowest Arctic ice coverage in history - EurekAlert
• Bayesian and Adaptive Optimal Policy under Model Uncertainty -  Lars Svensson and Noah Williams - NBER
• Task Specialization, Comparative Advantages, and the Effects of Immigration on Wages -  Giovanni Peri and Chad Sparber - NBER
• Dumped over an Op-Ed - Los Angeles Times
• $25 Million in Prizes Is Offered for Trip to Moon - New York Times
• Greenspan Is Critical Of Bush in New Book - washingtonpost.com
• Greenspan Says Bush's Economics Driven by Politics - Bloomberg.com
• Ayn Rand’s Literature of Capitalism - New York Times
• Russia Prepares for Mars Mission with 'Big Brother' Experiment - Spiegel

Comments

[Carolyn Kay]

I'd write a book that rebuts Ayn Rand's "greed is good" philosophy, if I could find a publisher.

Carolyn Kay
MakeThemAccountable.com

[spencer]

The task specialization article on the impact of immigration on wages should also apply to the mininum wage process as well shouldn't it?

We have a theory about minimum wages that does not work because its predictions are not supported by the data. So
why aren't we seeing people trying to develop other theories
as we see in this case?

[ken melvin]

How sure are we of the underlying fundamentals? Is Reich's rationalizing all that different than that used to justify capitalism?

[robertdfeinman]

The main thing wrong with the article about the relationship between Greenspan and Rand is that it was published 14 years too late. When some of us used to point out that having a libertarian ideologue as the head of the Fed was not a "good thing" we were ignored.

Now what all this article does is give some free publicity to his forthcoming book. Is the Times still a big fan of Greenspan? It would appear so.