Failing Grade
But it’s probably a mistake to expect the current housing market to behave like the stock market of the late 1990s. “There is no bubble!” says Raphael Bostic, professor at USC’s School of Policy,...
California / economics / economists / Harvard University / madness of crowds / Nicholas Retsinas / property / property bubble / Raphael Bostic / Thornberg / UCLA
by mike · Published 2008-01-20
But it’s probably a mistake to expect the current housing market to behave like the stock market of the late 1990s. “There is no bubble!” says Raphael Bostic, professor at USC’s School of Policy,...
Academia / C. P. Snow / Daniel Patrick Moynihan / Harvard University / Henry Kissinger / Herbert Kaufman / Jesse Unruh / Laurence Peter / Princeton University / Richard Neustadt / Wallace Sayre / Woodrow Wilson
by mike · Published 2008-01-12
Finally a source for the idea that academic politics are so cruel/brutal/intense/vicious because the stakes are so low: Academic politics are so vicious precisely because the stakes are so small.” This observation is routinely...
More