The octopus and the economists

July 12, 2010

What do an eight-legged creature in an aquarium in Germany and 74 economists have in common? The consensus view that Spain would claim the World Cup — until the economists, as they so often do,┬áchanged their minds.

Some good econ reads from the Blogosphere

July 6, 2010

From the econ blogosphere:

UK BUDGET
– The libertarian Adam Smith Institute says here that the UK government should look at every government job, programme and department, and ask whether they are really needed. “Do we really need new school buildings….? Should taxpayers really stump up for free bus passes, or winter fuel and Chistmas bonuses for wealthy pensioners?”