September 16, 2009

"How to Write Well"

[Note: everything in the post except for this note, including the title, is taken directly from Greg Mankiw's Blog. Rather than linking to it I figure it is easier for me to just copy the text and cite the source. For those of you outside of the world of economics, Mankiw (sometimes referred to as variations on N. Gregory Mankiw) is a famous economist who headed the Council of Economic Advisers under Bush 43 from 2003 to 2005 and teaches at Harvard. The original post can be found here.]

When I was CEA chair, I sent the following guidelines to my staff as they started drafting the Economic Report of the President. A friend recently emailed me a copy, and I thought I would share them with blog readers. They are good rules of thumb, especially for economists writing for a general audience.

ERP Writing Guidelines

  • Stay focused. Remember the take-away points you want the reader to remember. If some material is irrelevant to these points, it should probably be cut.
  • Keep sentences short. Short words are better than long words. Monosyllabic words are best.
  • The passive voice is avoided by good writers.
  • Positive statements are more persuasive than normative statements.
  • Use adverbs sparingly.
  • Avoid jargon. Any word you don’t read regularly in a newspaper is suspect.
  • Never make up your own acronyms.
  • Avoid unnecessary words. For instance, in most cases, change
    o “in order to” to “to”
    o “whether or not” to “whether”
    o “is equal to” to “equals”
  • Avoid “of course, “clearly,” and “obviously.” Clearly, if something is obvious, that fact will, of course, be obvious to the reader.
  • The word “very” is very often very unnecessary.
  • Keep your writing self-contained. Frequent references to other works, or to things that have come before or will come later, can be distracting.
  • Put details and digressions in footnotes. Then delete the footnotes.
  • To mere mortals, a graphic metaphor, a compelling anecdote, or a striking fact is worth a thousand articles in Econometrica.
  • Keep your writing personal. Remind readers how economics affects their lives.
  • Remember two basic rules of economic usage:
    o “Long run” (without a hyphen) is a noun. “Long-run” (with a hyphen) is an adjective. Same with “short(-)run.”
    o “Saving” (without a terminal s) is a flow. “Savings” (with a terminal s) is a stock.
  • Buy a copy of Strunk and White’s Elements of Style. Also, William Zinsser’s On Writing Well. Read them—again and again and again.
  • Keep it simple. Think of your reader as being your college roommate who majored in English literature. Assume he has never taken an economics course, or if he did, he used the wrong textbook.

September 10, 2009

Speech! Speech!

Assuming you saw the President's address to Congress last night. Apparently The Daily Beast has highlights from it. I thought it was a bit professorial, and painfully fast-and-loose with the facts, but overall a pretty decent speech (with quite a finish).

Ultimately, I don't see this changing much. And I believe Joe "You Lie" Wilson, for all his lack of manners, probably did an excellent job of undermining Obama. If you think about the subset of people who came into the speech against Obama's reform efforts but were warming up to it as the speech went on, that sort of outburst is exactly the sort of thing to snap one out of the increasing level of trust building between the speaker and viewer throughout the speech, reminding viewers that there was a reason they opposed this guy before, and his "sweet-talk" shouldn't necessarily win them over now.

As a side note, it is sort of terrifying how divisive this issue has been, given that there's so much everyone agrees on (like pre-ex's). I mean, even the school speech was a bitter partisan issue. And Drudge Report is reporting higher readership than at the same time a year ago, which is astounding given that a year ago we were in the height of the election season (and about two weeks into the Sarah Palin Era).

September 09, 2009

news bloopers

I enjoy bloopers of all sort, because I like watching others embarrassed, so these news bloopers from HuffPo are enjoyable (someone needs to teach me, again, how to embed video) . A few are dumb, but the "Terrifying Criminal Mastermind" is pretty hilarious. Also, as per usual, I love Anderson Cooper.

September 04, 2009

Making the USA look great.


As you may or may not know, Iceland is one of few places in the world that has made the USA look financially responsible and risk-averse during the turmoil of the last few years. Basically, Iceland privatized and monetized its fishing industry in the 1970s, and the new-found free time allowed the country to turn into "[...] a machine for turning cod into Ph.D.’s." Unfortunately, this led many (extremely overconfident) Icelandic men to jump into finance with no training or experience; hilarity ensued, if hilarity can be equated to financial and economic ruin.

I recommend reading this (admittedly lengthy) article by Michael Lewis, written for the April 2009 issue of Vanity Fair: "Wall Street on the Tundra." Aside from describing the logic behind the rise and fall of Icelandic financiers and banks, this article supplies what I always desire in travel writing: a picture not only of the beautiful scenery and buildings of a country, but also of the personalities and idiosyncrasies of the population.

Send rescue!

Below is a video that includes the 911 call made by a police officer who confiscated some marijuana and baked brownies with his wife. After eating the brownies, the cop calls 911 because he and his wife think they have overdosed and are dead ("Time is moving really really really really slowly"). Highly entertaining, though it makes me question how well police are educated about the illegal substances from which they supposedly 'protect' the general public.

September 03, 2009

"Who Gains from President Obama's Stimulus Package...And How Much?"

I recommend everyone at least read this summary of a recent publication by two economists at The Levy Economics Institute of Bard College (summary taken from this website):

"In this Special Report, Levy scholars Ajit Zacharias, Thomas Masterson, and Kijong Kim provide a preliminary assessment of the 2009 American Recovery and Reinvestment Act (ARRA), a package of transfers and tax cuts that is expected to provide relief to low-income and vulnerable households especially hurt by the economic crisis, while at the same time supporting aggregate demand. By the administration’s estimate, ARRA will create or save approximately three and a half million jobs by the end of 2010; while the ameliorating impact of the stimulus plan on the employment situation is surely welcome, say the authors, the government could have achieved far more at the same cost by skewing the stimulus package toward outlays rather than tax cuts. Their analysis points toward the necessity for a comprehensive employment strategy that goes well beyond ARRA. The need for public provisioning of various sorts—ranging from early childhood education centers to public health facilities to the “greening” of public transportation—coupled with the severe underutilization of labor, naturally suggests an expanded role for public employment as a desirable ingredient in any alternative strategy."

If you are interested in reading the complete article (only four-and-a-half pages), it can be directly downloaded here.

September 01, 2009

The world is ending!

The world seems to be going completely crazy, as evidenced by the following:

Reason 1: GMail is experiencing a complete outage, including POP and IMAP servers. Fucking weak.

Reason 2: Alberto Gonzales agrees with the investigation into abuse of prisoners by US personnel.

Reason 3: I was accepted into The New School's MS in Economics program.

Water slide.

This is a video Katie emailed to some people. I just uploaded it to YouTube and am posting the link. Enjoy.

August 29, 2009

August 26, 2009

"The Next Breadbasket?"


... "How Africa could save the world - and itself," from The Atlantic. The article is really short and interesting, and I like this graph a lot, but I wonder about some of the things not elaborated on - why is Germany so awesome at growing wheat, for example?

August 25, 2009

The more things change...

I think all of you will be glad to know that The South is still The South. Yesterday in Marion, Alabama two families escalated their years-old feud into "'[...] a full-scale riot [...]'" involving up to 150 people (though other reports put this number closer to 300) and leading to eight arrests and two hospitalizations. The major source of the feud is unknown, but the the day of the riot two members of the involved families were arrested at the local high school for fighting. After these arrests, family members followed the police to city hall, where the riot erupted. According to a police sergeant, people were "'throwing jack irons, throwing tire irons, anything they could get their hands on.'" Maybe the funniest line of the AP blurb: " The town's police chief was hit in the head with a crowbar but was OK."

The Grangerfords and Shepherdsons would be proud, though none were killed in Marion.

August 22, 2009

Apple versus Microsoft.

I can't sleep, so naturally I am splitting time between television and videos on the Internet. I laughed out loud quite a few times watching this ad for a new smartphone that "runs Windows Vista and connects to the Internet through AOL!":


In the interest of a small amount of fairness:

August 20, 2009

Japan.

I just can't seem to wrap my head around the myriad facets of Japanese culture, from the vestiges of the Samurai Bushido to Ganguro to 2-D relationsips. Further confusing my understanding of Japan are commercials featuring celebrities from the United States. In the hopes that someone can help me understand how the many distinct subcultures of Japan create the outward appearance of a (somewhat-cohesive, although significantly caste-like) single culture, enjoy these hilarious commercials from Nic Cage and The Governator:



August 18, 2009

Improved technology.

A new method of storing bicycles (I am not sure this will ever become widespread because of: 1. Complications related to the use of underground space in large cities; and, 2. The negative environmental impact associated with the use of the motors in the parking unit, which offsets at least part of the benefits of riding a bicycle.):


Improved delivery of ketchup and mustard:

Whackjob Roundup.

Maureen Dowd wrote a hilarious article this week entitled "Sarah's Ghoulish Carousel" about Sarah Palin's recent fear-mongering and attempts to keep her face in the national spotlight. The article includes hilarious lines like: "Consistency was long ago sent to a death panel in Palin world."

Michele Bachmann has revealed that she will only run for president "If I felt that's what the Lord was calling me to do [...]." Apparently Bachmann only decided to run for Congress because god "called" her to say that she should. After she was told by god to run she prayed and fasted for three days to confirm that she had correctly heard god's will. Jesus Christ that is crazy (note the lack of direct address--I refuse to talk to Jesus, even if he did manage to get Bachmann into office).

Feel free to add other deserving whackjob news to this thread.

Let's bring the blog back, people. I miss reading the posts here.

July 29, 2009

More articles.

1. "In Battle, Hunches Prove to Be Valuable" - This NYT article attempts to explain why, both physiologically and psychologically, some soldiers in war zones are significantly better than most at detecting dangerous situations (e.g. soldiers who are known for their ability to identify IEDs before detonation).

2. "In Study, Texting Lifts Crash Risk by Large Margin" - This NYT article discusses a study of truck drivers (based on eighteen months of taped observation) that shows that texting while driving increases the risk of a crash by up to twenty three times. The authors claim the pattern extends to non-commercial drivers as well. The research is currently undergoing peer review.

3. "Should Thursday be the New Friday? The Environmental and Economic Pluses of the 4-Day Workweek" - Scientific American discusses the potential benefits of four-day workweeks (e.g. four days of ten hours each instead of five days of eight hours each), citing Utah as an example of the savings that can be had: "Local governments in particular have had their eyes on Utah over the last year; the state redefined the workday for more than 17,000 of its employees last August. For those workplaces, there's no longer a need to turn on the lights, elevators or computers on Fridays—nor do janitors need to clean vacant buildings. Electric bills have dropped even further during the summer, thanks to less air-conditioning: Friday's midday hours have been replaced by cooler mornings and evenings on Monday through Thursday. As of May, the state had saved $1.8 million."

On a lighter note

LOST season 6 promos!!!

Not spoilers, just little teases to keep you guessing...


Oceanic ("30 years" (since 1979, so we know it's current) "with perfect safety record"??)

Hurley ("nothing but good luck"?? and check out how the people behind him look like, but aren't, Locke, Walt, and Michael)

Kate (DIDN'T kill her stepfather??)

And biggest "holy shit" of all: the official ABC teaser


ALSO: a promo poster featuring ALL the characters, dead and alive...probably just an advertising ploy, but what if this means the bomb really did "hit the reset button?!?






Thank you, Comic-Con.

Another weird one

Free plane tickets?!

Two Very Different Articles

Two articles I thought were worth sharing:

2-D Love

Casualties of War in Iraq - it's very long but absolutely worth finishing.