Apple is Worth More Than

The economy of Singapore, among other things.  Here’s the website.

New Paper on School Choice

Here’s the abstract for a working paper that David J. Deming, Justine S. Hastings, Thomas J. Kane and Douglas O. Staiger have at NBER on school choice:

We study the impact of a public school choice lottery in Charlotte-Mecklenburg (CMS) on postsecondary attainment. We match CMS administrative records to the National Student Clearinghouse (NSC), a nationwide database of college enrollment. Among applicants with low-quality neighborhood schools, lottery winners are more likely than lottery losers to graduate from high school, attend a four-year college, and earn a bachelor’s degree. They are twice as likely to earn a degree from an elite university. The results suggest that school choice can improve students’ longer-term life chances when they gain access to schools that are better on observed dimensions of quality.

Will Bernanke Ride to the Rescue?

Tim Duy is not very confident that the most likely Fed policy will have much of an impact (I wrote about this in an earlier post here):

Will additional Fed action accomplish much if anything?  I admit to being increasingly skeptical that the Fed is doing much more than pushing on a string.  Interest rates on are less than 1 percent out to five year, which pretty much means whatever the Fed is doing at that horizon is just shifting around the composition of risk free assets.  There is some room as you move to the 10-year horizon – at least there you have 200 basis points to play with.  But even with some room to maneuver, in order to have significant impact, I think they need to be throwing around some big numbers…

Which Economist Gets More Hits than Leonardo DiCaprio?

Sylvia Naser tells us here.

Company Economist

Company Economist