DAVID WARSH ON DARON ACEMOGLU

Michael Giberson As a follow up to Lynne’s post, David Warsh at Economic Principals provided an overview of Acemoglu’s research that does a good job of situating Acemoglu’s work in the broader world of development economics. Well worth reading. See The Man Who Succeeded Gerschenkron. Anyone interested in economists, both in and out of the … More DAVID WARSH ON DARON ACEMOGLUMore DAVID WARSH ON DARON ACEMOGLU

ACEMOGLU WINS CLARK PRIZE

Lynne Kiesling MIT economist Daron Acemoglu has won this year’s John Bates Clark award for the best economist under 40. Acemoglu’s research is fascinating and well-done. As the Chronicle of Higher Education (subscription required) notes: In a written statement, the [American Economic] association praised Mr. Acemoglu, 37, as a “broad and productive economist” who has … More ACEMOGLU WINS CLARK PRIZEMore ACEMOGLU WINS CLARK PRIZE

A SNOTTY COMMENT ON AEROPORT CHARLES DE GAULLE

Lynne Kiesling After flying home from Paris on Monday, I am convinced that the worthless labyrinth that is Charles de Gaulle airport is part of a deliberate French strategy to remove any separation anxiety in those tourists who are unhappy to be leaving France. By the time we got through security, I was downright thrilled … More A SNOTTY COMMENT ON AEROPORT CHARLES DE GAULLEMore A SNOTTY COMMENT ON AEROPORT CHARLES DE GAULLE

CONSOLIDATION IN THE OIL INDUSTRY: VALERO/PREMCOR

Lynne Kiesling The Valero purchase of Premcor announced Monday is another interesting, if not surprising, step in the industry consolidation that started in the mid-1990s. The press on the Valero/Premcor deal seems to hit all of the right notes; I would add to this article on demand continuing to outstrip refining capacity that one of … More CONSOLIDATION IN THE OIL INDUSTRY: VALERO/PREMCORMore CONSOLIDATION IN THE OIL INDUSTRY: VALERO/PREMCOR

DISINTERESTED PARTY: OIL PRICES WILL FALL

Lynne Kiesling Stephen at Disinterested Party has a post in which he argues that oil prices will fall. In short, he thinks it’s a combination of slowing demand and fleeing speculators once that demand slowdown hits the market. His take on speculation: Then thereís speculation. The oil marketís behavior this past year has been perplexing. … More DISINTERESTED PARTY: OIL PRICES WILL FALLMore DISINTERESTED PARTY: OIL PRICES WILL FALL