Memoir of Gene Fama

Here's a pretty good "brief" memoir Eugene Fama wrote for a journal. I say "brief" because it runs pretty long - but that's to be expected given all the work that Fama has done.

Comments

Post a Comment

Popular posts from this blog

Ireland's Economic Comeback

Image
On Wednesday, the International Monetary Fund (IMF) released a billion dollars of financial help to Ireland, as the country complied with the requirements set up in its 2010 bailout plan. The plan, which saved Ireland from bankruptcy after it suffered a massive banking crisis starting 2008, is reaching its end, as Ireland is getting ready to start issuing sovereign debt again in December. However, the country has to reach a minimum annual growth of 2% for its debt to become sustainable. Ireland is now out of its second recession in five years with a 0.4% second quarter expansion. This positive data, however, falls short of the optimistic 1.3% growth over the entire year predicted by the Irish government. Irish exports have grown by 4.3% over the same period, while household consumption grew by 0.7%. The IMF decision came almost one week after other good news for Ireland: on Friday, September 20, Moody's announced positive forecasts on Ireland's sovereign debt, which it now judg...
Read more

Obama pushes for diplomacy on Iran's nuclear program

Image
President Obama and Iranian President Hassan Rouhani both openly stated their support for a new diplomatic effort regarding Iran's nuclear program. Obama, addressing the UN General Assembly on Tuesday, stated that there was "basis for a meaningful agreement." In recent weeks, Rouhani, who was elected in June, has suggested that he is open to developing a program in which Iran is allowed to further their nuclear energy program but prevents them from building a weapon, claiming that a nuclear weapon program would "contradict our fundamental religious and ethical convictions." Obama said that Secretary of State John Kerry was working with the Iranian government to resolve the negotiations about Iran's nuclear program. In his statement to the UN General Assembly, he stated that success in the negotiations would be a "major step in a long road to a difficult relationship, one based on mutual interests and mutual respect," adding that "the roadblock...
Read more

A Funny Economist

It turns our Austan Goolsbee (U of Chicago Economics prof and member of President Obama's Council of Economic Advisors) is a pretty funny guy. From what I recall, I'd gotten a couple of emails from him a while back (when he was just a normal mortal) regarding possible things to blog on. Of course, that could be just the Alzheimer's talking. Regardless, he's a pretty funny guy - decent material (not fantastic, but he IS an Economics Prof, after all) and interesting delivery. Now that I've mention you Austin - about MY stimulus package...
Read more