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 Birthday Bash |  It's that time of the year again: Our annual birthday bash is coming up.
Mark your calendars; Saturday January 17th is the date.
Following up on last years success we will use the same format this year: We'll start with a go-cart race for the interested (let us know in the comments), and take it from there. We'll provide food and drinks.
Don't bring a monkey - BE the monkey!
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| Recession |  That is the word being thrown around these days. It seems to me that every day brings with it some further increase in how seriously screwed we are. First it was the stock markets, then the car makers. I have alot of questions that nobody can answer as it turns out. Questions like what will happen next and whether or not I should stock up on canned goods. I found this graph that pushed me even further towards the canned goods side of things, and would like to hear what you think about the graph, the crisis in general, and what the future holds in store for us:
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| The US Presidential Election |  The US presidential election is now 2 days away. It has already become the most expensive election in history, including the primaries more then $1000000000 has been spent trying to win this office.
With 2 days to go Obama leads McCain 50.4 to 43.9 on pollster.com's composite tracking, and it looks like we're two days away from a historic victory. The other meta-polling site, fivethirtyeight.com, has weighed the different polls to come up with a 52.2% to 46.6% lead in Obama's favor.
Since the US election is decided state by state, and with Obama leading in several key states, they rate his odds of winning this thing at 96.2% - talk about hubris (or Truman v Dewey for those of you who are political junkies).
One big caveat in all of this. The polling models used to get these numbers all assume a huge Democratic turnout. The Democrats have registered millions of new votes this election cycle, and if those new 18-35 year old votes actually show up Obama has won... BUT if the turnout is similar to past elections then McCain is actually to favored win this thing.
Exciting few days indeed.
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| Paul Krugman wins the Nobel Prize in Economics. | Paul Krugman, a professor at Princeton University and an Op-Ed columnist for The New York Times, was awarded the Nobel Memorial Prize in Economic Sciences on Monday.
“It’s been an extremely weird day, but weird in a positive way,†Mr. Krugman said in an interview on his way to a Washington meeting for the Group of Thirty, an international body from the public and private sectors that discusses international economics. He said he was mostly “preoccupied with the hassles†of trying to make all his scheduled meetings today and answer a constantly-ringing cell phone.
Mr. Krugman received the award for his work on international trade and economic geography. In particular, the prize committee lauded his work for “having shown the effects of economies of scale on trade patterns and on the location of economic activity.†He has developed models that explain observed patterns of trade between countries, as well as what goods are produced where and why. Traditional trade theory assumes that countries are different and will exchange different kinds of goods with each other; Mr. Krugman’s theories have explained why worldwide trade is dominated by a few countries that are similar to each other, and why some countries might import the same kinds of goods that it exports.
More below the fold...
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