10 Most Overpaid Jobs

These are great examples of what we learned in micro about the determinants of people's earnings. Check out the top ten.

Most expensive restaurants in U.S.

Read about them here.

Who has made profits during this subprime crisis?

Looks like Goldman Sachs has made about $4 billion off of the losses on subprime mortgage securities and they could have made more. Read about it here.

Marrying for Money

Interesting blog post on marrying for money.

Greenspan weighs in on the current mortgage crisis

Greenspan's thoughts

The new breed of billionaire philanthropists

The new breed

CEOs and their cars

What does it say about their management style?

CEOs and their cars

Sovereign wealth funds becoming major market players

Read about them here.

Risk of recession over 40%

According to latest poll of economists.

Could the current mortgage crisis rival the S&L crisis

These pundits weigh in.

U.S. Economy Dragging Down Rest of the World

Nice summary of how the economies of all the countries of the world are linked together.

Slowing down U.S. economy

California entry-level home affordability increasingly out of reach

If you remember what I've been warning you in class about what it takes to live in this state in terms of saving and getting the best education that you possibly can, you'll want to read this. According to this study, only 24% of households can afford an entry-level home in California.

California entry-level home affordability

Subprime mess affecting credit-worthy

Thought this was an interesting observation regarding the current subprime mess.

An analysis for The Wall Street Journal of more than $2.5 trillion in subprime loans made since 2000 shows that as the number of subprime loans mushroomed, an increasing proportion of them went to people with credit scores high enough to often qualify for conventional loans with far better terms.

Subprime Debacle Traps Even Very Credit-Worthy

Political attacks getting ridiculous

I understand that in politics, you accept that there will be some amount of mudslinging. But, I think digging up stuff that a candidate said while he was in kindergarten gets a bit ridiculous.

Hillary campaign attacks Obama for what he said in kindergarten

Teenagers and brain development

In class we discussed when humans achieve full reasoning and judgment. Studies show that this is not reached until around age 25. I ran across this article about this topic, you might find it interesting:

teenagers