This morning, Chicago marathoners donned hats and gloves instead of peeling off layers as they have in marathons past. In 2007, dozens of runners collapsed as the temp soared to 93F. High so far today is 37F. Forty thousand runners are still out on the course, but Kenya's Sammy Wanjiru has finished in 2 hours, 5 minutes and 41 seconds--the fastest marathon ever on American soil.
A guy a few doors down the street is driving a new Porsche. He must be a repo man, debt collector or bankruptcy attorney. Or maybe he works for one of those investment banks that needed a bailout.What is the H1N1 incubation period?
Three of seven students canceled appointments at my university office on Friday. The flu is raging through the campus. No word on whether or not it's H1N1.
I haven't had the flu in 20 years. I'm hoping to dodge that bullet again this year.
A Few Links
Shame on you! If you've traveled much you've probably encountered public defecation somewhere along the way. A study conducted in India finds that public shaming was more effective than an economic subsidy for reducing public defecation.
Guilt By Suspicion: Mark Draughan wants to develop a taxonomy of bogus pseudo crimes -- behaviors that have been criminalized because they makes law enforcement agents feel suspicious.
Informed Decisions: As a psychologist, I see many patients who don't take psychotropics. That isn't because I'm anti-med, anti-psychiatry or anti-pharma. The decision to seek medication is one that patients and I discuss, but the patient ultimately makes that decision in consultation with a psychiatrist. I do think that it is important for patients to make well-informed decisions about medication but, as Stephany reminds us today, big pharma has a poor record when it comes to providing important information to physicians and to the lay public.
Goldbuggism at WSJ: Krugman rips gold bugs at the Journal and counts the ways the WSJ has been spectacularly wrong:
After all, here’s what you would have believed if you listened to that page over the years: Clinton’s tax hike will destroy the economy, you really should check out those people suggesting that Clinton was a drug smuggler, Dow 36000, the Bush tax cuts will bring surging prosperity, Saddam is backing Al Qaeda and has WMD, there isn’t any housing bubble, US households have a high savings rate if you measure it right. I’m sure I missed another couple of dozen high points.
My favorite Krugman vs the right moment comes courtesy of John Hinderaker who called Krugman's housing bubble warning evidence of a "bitter vendetta" against George Bush.
Here is what Krugman said in 2005:
Meanwhile, the U.S. economy has become deeply dependent on the housing bubble. The economic recovery since 2001 has been disappointing in many ways, but it wouldn't have happened at all without soaring spending on residential construction, plus a surge in consumer spending largely based on mortgage refinancing. Did I mention that the personal savings rate has fallen to zero? Now we're starting to hear a hissing sound, as the air begins to leak out of the bubble. And everyone - not just those who own Zoned Zone real estate - should be worried.
So the next time someone tells you that no one saw the crash coming, tell them that Krugman saw it coming and wrote about it in the biased New York Times, but his warnings were ridiculed as liberal Bush hate.
More Krugman Track Record Checking: Back in January of this year, Krugman said that the stimulus was too small and predicted that Republicans would further weaken it. Then, when employment didn't rebound quickly, Republicans would declare that the stimulus didn't work.
This is exactly what has happened
Quote of the Day
[P]eople are really lousy consumers of medical services when they have to spend their own nickel. Why, just this morning Anthem Blue Cross waived the copays on all flu shots. That's not something you would want to do if people were anything more than jumped-up monkeys with brains designed to figure out whether the fruit is ripe -- Brad DeLong