Neel Kashakari of PIMCO is just too optimistic on known knowns in economic research this interesting essay.
He begins his article saying people love bold predictions with some coming right and some falling flat.
Archive for November 24th, 2011
Known Knowns and Known Unknowns in economic and equity research
November 24, 2011Who is screwing up more: Europe or the US?
November 24, 2011A million dollar q asked by Jeff Frankel. To most, it is like they are competing.
Frankel says it is US which is screwing up more:
How Occupy Wall Street movement is changing menu prices
November 24, 2011Superb post from WSJ Blog. Some guys are really creative and marketing savvy:
Occupy Wall Street, if it’s done nothing else, has put its 99% vs. the 1% mantra into conversations all over the country.
At BLT Steak, a Washington restaurant just a block off the well-known K Street lobbyists’ corridor known for its politically themed burgers, the menu offers “The 99%,” a 6 oz. cheeseburger with, of course, American cheese on whole grain bread. Price: $9.99.
It also offers “The 1%.” It is described on the menu as an “8 oz. Kobe burger, braised Kobe short rib, foie gras, gold leaf, Grey Poupon.”
The price: $58.
Am sure even the 1% guys will go for the 99% burger…such are the times..
Mostly Economics 
