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Anna Gelpern puts it well: “for the small but committed contingent of pari passu pointy heads, this is WorldCupOlympicMarchMadnessSuperBowl.” I’m one of the contingent, and I’ve been actively enjoying myself reading various appeals and amici briefs in the case of Elliott Associates vs Argentina. (Technically, it’s not Elliott Associates but rather NML, an Elliott sub-fund, but make no mistake: this is very much a fight between Argentina and the most famous vulture fund in the world.)
Felix Salmon
What should liberal wonks make of the conservative movement’s abandonment of center-right policy innovations like the individual mandate and cap-and-trade once President Obama took them up?
Rortybomb
Real Time Economics - WSJ
The most common jobs in the U.S. are among the lowest paid, with one notable exception — registered nurses.
The 8th edition of my intermediate macroeconomics text will come out in June, ready for fall classes.
Greg Mankiw's Blog
Making Sense with Paul Solman | PBS NewsHour | PBS
Baratunde Thurston seemed like something of a wonder: a stand-up comedian via Sidwell Friends and Harvard.
Ezra Klein
Constitutional scholar Akhil Reed Amar (Yale Law) Akhil Reed Amar is Sterling Professor of Law and Political Science at Yale University, where he teaches constitutional law. He’s also author of the excellent book, ‘America’s Constitution: A Biography’, and a former Supreme Court clerk.
interfluidity
A couple of weeks ago, I sat down and read Matt Yglesias’ The Rent Is Too Damned High and Ryan Avent’s The Gated City back to back.
That was the headline — in ALL CAPS — of a e-mail message I received recently from a lawyer named Robert W. Pearce. Mr.
Joe Nocera
Two candidates from emerging-market countries have been put forward for the presidency of the World Bank, along with the Obama administration’s nominee, setting up the first contested election in the history of the development institution, which is based in Washington.
Economix Blog - NYTimes.com
Economist's View
One of the big questions for policymakers is how much of the current downturn represents of temporary cyclical fluctuation and how much of it is a permanent reduction in out productive capacity.By Eswar Prasad and Karim Foda The world economy is showing scattered signs of vigor but remains on life support, mostly provided by accommodative central banks.