Random Reading

• Op-Ed by Obama on healthcare
• Causal analysis and instrumental variables: "Cause and defect"
• Commerical real estate is a looming issue. Might it affect pensions?
• I do not ever wish this blog to be used for investment advice. In fact, I need to put up a disclaimer on that topic: anytime I post on the market, or post articles related to it, please don't assume it is meant as advice! And with that out of the way, we're seeing some insider selling.
• At least he can get a cab!
• Lastly, a passing thought: it occurred to me that much of the most recent crisis in residential real estate might have been averted if people had a stronger grounding in personal finance. I need to research and eventually post on this, but do we need to make personal finance part of high school education? So many young entry-level workers I know hardly know what a 401k or mutual fund is, let alone sub-prime or adjustible-rate mortgages.