New book by my bosses: Sustainable Econ Dev't

Shameless plug: the latest volume by 2 of my bosses, Sec. Arsi Balisacan and Prof. Majah Ravago, which also serves as a Festschrift to their mentor Prof. James Roumasset (Univ. of Hawaii). This book also contains in Chapter 24 the study on multidimensional poverty in the Phils. written by Sec. Arsi and research assisted by...me! 

http://www.econ.upd.edu.ph/wp-content/uploads/2014/10/Flyer-Sus-Dev-Oct14-edited.pdf

Exchange rate overshooting (4-panel diagram)

So Prof. Carlos of UPSE has published as a working paper her favorite 4-panel diagram of exchange rate overshooting, following the model by Dornbusch [1976]. This model holds a lot of undergrad memories for me back in 2008, since my drawing of it spread like wildfire in the class and beyond (as some alumni will attest to).

http://www.econ.upd.edu.ph/dp/index.php/dp/article/view/1468

Creative destruction, illustrated

Cheaper internet vs. net cafés. Cafés are still very popular (and important) in rural areas, as I witnessed in Tuguegarao City last Jan. 2014.

The economics of parenting styles

Source.

The latest on "Pikettymania"

Apparently, many other big-time economists aren't convinced.

Accuracy vs. precision, illustrated

Log vs. linear time series, illustrated

Also, incidentally, the significance of Bitcoin:
http://conversableeconomist.blogspot.com/2014/09/how-does-bitcoin-work.html

Necessities vs. luxuries, illustrated

http://conversableeconomist.blogspot.com/2014/10/spending-on-necessities-and-luxuries.html

#EconomicsInThreeWords

https://twitter.com/hashtag/economicsinthreewords?src=hash

Some of my faves include:

1. Employment for economists.
2. Ideology with charts.
3. Hard sciences envy.
4. Model trumps reality. 
5. MaxU(x) st whatevah.
6. Separating hyperplane theorem.
7. Twice sociologists' salaries.
8. Fourth rate mathematicians.
9. Often misses the target.
10. Works in theory.