Tuesday, August 31, 2010
Monday, August 30, 2010
Sunday, August 29, 2010
Thursday, August 26, 2010
A short visit with Alan Blinder.
Wednesday, August 25, 2010
Tuesday, August 24, 2010
Monday, August 23, 2010
Saturday, August 21, 2010
Young King Arthur was ambushed and imprisoned by the monarch of a neighboring kingdom. The monarch could have killed him but was moved by Arthur's youth and ideals. So, the monarch offered him his freedom, as long as he could answer a very difficult question. Arthur would have a year to figure out the answer and, if after a year, he still had no answer, he would be put to death.
The question?...What do women really want? Such a question would perplex even the most knowledgeable man, and to young Arthur, it seemed an impossible query. But, since it was better than death, he accepted the monarch's proposition to have an answer by year's end.
He returned to his kingdom and began to poll everyone: the princess, the priests, the wise men and even the court jester. He spoke with everyone, but no one could give him a satisfactory answer.
Many people advised him to consult the old witch, for only she would have the answer.
But the price would be high; as the witch was famous throughout the kingdom for the exorbitant prices she charged.
The last day of the year arrived and Arthur had no choice but to talk to the witch. She agreed to answer the question, but he would have to agree to her price first..
The old witch wanted to marry Sir Lancelot, the most noble of the Knights of the Round Table and Arthur's closest friend!
Young Arthur was horrified. She was hunchbacked and hideous, had only one tooth, smelled like sewage, made obscene noises, etc He had never encountered such a repugnant creature in all his life.
He refused to force his friend to marry her and endure such a terrible burden; but Lancelot, learning of the proposal, spoke with Arthur.
He said nothing was too big of a sacrifice compared to Arthur's life and the preservation of the Round Table.
Hence, a wedding was proclaimed and the witch answered Arthur's question thus:
What a woman really wants, she answered....is to be in charge of her own life.
Everyone in the kingdom instantly knew that the witch had uttered a great truth and that Arthur's life would be spared.
And so it was, the neighboring monarch granted Arthur his freedom and Lancelot and the witch had a wonderful wedding.
The honeymoon hour approached and Lancelot, steeling himself for a horrific experience, entered the bedroom. But, what a sight awaited him. The most beautiful woman he had ever seen lay before him on the bed. The astounded Lancelot asked what had happened
The beauty replied that since he had been so kind to her when she appeared as a witch, she would henceforth, be her horrible deformed self only half the time and the beautiful maiden the other half.
Which would he prefer? Beautiful during the day....or night?
Lancelot pondered the predicament. During the day, a beautiful woman to show off to his friends, but at night , in the privacy of his castle, an old witch? Or, would he prefer having a hideous witch during the day, but by night, a beautiful woman for him to enjoy wondrous intimate moments?
What would YOU do?
What Lancelot chose is below. BUT....make YOUR choice before you scroll down below. OKAY?
Noble Lancelot said that he would allow HER to make the choice herself.
Upon hearing this, she announced that she would be beautiful all the time because he had respected her enough to let her be in charge of her own life.
Now....what is the moral to this story?
The moral is.....
If you don't let a woman have her own way....
Things will get ugly
Friday, August 20, 2010
Thursday, August 19, 2010
Wednesday, August 18, 2010
Tuesday, August 17, 2010
When I was in graduate school, I lived about one mile away from the federal prison in Lexington, KY. Leona Helmsley was was one of the most famous inmates there after she was convicted of tax evasion. She stated "taxes are for little people" and the judge did not like her tone of voice. He threw her in the cross bar hotel and her sentence started on April 15th. At that time my favorite liquor store (in reality, they're all my favorite) put up a sign that simply read "Welcome Home Leona Helmsley" and made a big joke out of it. I talked to the owner of the store and he said "how big and important do you think she feels today?"
I relate this story in connection with the attached article sent by the capable Dr. Rothman. I title it "Welcome home intended consequences".
Monday, August 16, 2010
Sunday, August 15, 2010
Saturday, August 14, 2010
Friday, August 13, 2010
Thursday, August 12, 2010
Dr. Rothman and I have been thinking and talking recently. We have determined that James Hamilton, Greg Mankiw and Robert Hall are three macroeconomists who are the most reasoned and careful of any in the profession. They don't push agendas like Krugman and are only in it for the science, and what we know from economic research. That is why they are really worth listening to. The link below is a recent interview with Robert Hall. It is packed with information from the Dean of macroeconomics....and is worth the read. No venom and his hair is not on fire.
Wednesday, August 11, 2010
Tuesday, August 10, 2010
Monday, August 9, 2010
Friday, August 6, 2010
Monday, August 2, 2010
The article presents one view. Then at the end of the article there are links to three others. All are worth the read.