Evan Soltas
Feb 28, 2015

Assorted Links

This blog is back. Now that I am in my junior spring, and life is a bit more under control, posting will begin again. I've missed this enormously. The balance of topics may shift a bit, but I'll let that emerge organically. A substantive post later today, but for now, some links:

1. In Scotland and Northern Island, private banks issue banknotes. (News to me.)

2. "I find that private securitization substantially increases foreclosure probability and decreases modification probability for delinquent loans."

3. Economists think a Greek default would be a big gamble with a highly uncertain payoff.

4. Lots of good new data on FRED. The elasticity of sub-minimum wage employment with respect to the federal minimum is much higher than I would have guessed.

5. The theologian John Hull on blindness, a short film from his tape recordings. Haunting.

6. YouTube channel putting together weekly education videos on World War I, via Reddit.

7. The next shoe to drop in the oil-price decline is panic among the petroleum-engineering departments of universities. See here, here, and here. Useful counter-evidence to the conventional wisdom that a dynamic global economy (or insert buzzword) increases the need for vocational, specialist, or technical education. It does the opposite.