James Kwak
James Kwak's Latest Articles | 133
Salespeople and Programmers
Tyler Cowen asks why pay across software programmers is not more unequal. He cites John Cook, who argues that differences in programmer productivity are difficult... Read »
Whence the Deficit?
A couple of weeks ago I did a a basic calculation to see why the medium-term national debt picture has gotten so much worse in the last two years. There’s no new... Read »
If Wall Street Ran the Airlines …
New York Times headline: “U.S. Limits Tarmac Waits for Passengers to 3 Hours.” Just imagine … ◊◊◊◊◊◊ Representatives of industry associations reacted... Read »
Small Steps and Health Care Costs
Hey all you deficit hawks out there. Atul Gawande, the person of the year when it comes to health care, has a long article on the cost-cutting proposals in the health... Read »
The Myth of Dick Fuld
Wall Street critics often say that compensation should be in long-term restricted stock so that managers and employees do not have the incentive to take excessive... Read »
What’s Up with Citigroup?
On Monday, Citigroup (C) received permission from its regulators to buy back the remaining $20 billion in preferred shares held by Treasury because of its investments... Read »
A Partisan Post, You Have Been Warned
Last night I read a post by Brad DeLong that made me so mad I had trouble falling asleep. (Not at DeLong, mind you.) There’s really nothing unusual in there... Read »
Revolution and Reform
Many of us bloggers are better at criticizing than at proposing anything — especially when the world makes it so easy to be a critic. The Epicurean Dealmaker,... Read »
Why Did Bank of America Pay Back the Money?
Everybody knows by now that Bank of America (BAC) is buying back the $45 billion of preferred stock that the government currently owns. While the reason why they... Read »
Never a Good Sign
The board of GM asked Fritz Henderson to resign as CEO. I don’t have an opinion on Fritz Henderson. But here’s the worrying bit, from the New York Times article: “’Fritz... Read »







