Saturday, October 25, 2008

Yo-Yo Ma feat. Andrew Bird

Gaihaltay improvisation. Hugjmiig mederch chadna gedeg chuham ene l baih.

Neeree Nov. 19-nd Andrew Bird Berlind irne gene. Concert deer taaraldaya (bi bolbaas ulaan shootoy umdun deeree yagaan soroochkoo uglaad, deeguur ni ulbar shar blazer-ee tohon gartaa Tonshuul setguul yugaa atgasan baih bolno).

Monday, October 20, 2008

No Worries?

Both firms point out that some metals, such as copper, are still in short supply, and that the credit crunch will only make it harder to finance new mines. By delaying expansions and squeezing marginal producers, it might actually sow the seeds for a recovery in metals prices sooner than most analysts expect. At any rate, BHP is still keen to buy Rio Tinto—an indication, presumably, that it still thinks raw materials is a good business to be in.
The impact of the financial crisis on some of the most basic industries

Sunday, October 19, 2008

The Return of Keynesianism?

Nobelist Paul Krugman writes:

It’s politically fashionable to rant against government spending and demand fiscal responsibility. But right now, increased government spending is just what the doctor ordered, and concerns about the budget deficit should be put on hold.

From yesterday's FT comment page: "Man in the News: John Maynard Keynes"
[Keynes'] renewed influence can be seen everywhere: in Barack Obama’s planned stimulus package, for example. When George W. Bush said his administration’s plan to take equity in banks was “not intended to take over the free market, but to preserve it”, he could have been quoting Keynes directly.

Financial crisis haunts Milton Friedman's legacy:
U.S. economist Milton Friedman, the champion of unfettered markets, is under siege for theories that some blame for unleashing the global financial crisis.

His legacy is even being questioned on the leafy University of Chicago campus that he once called home.

Friday, October 17, 2008

Krugman Wins The Nobel Prize

Ediin zasagtay holbootoy zuils bichdeg medium bolgon Krugman-ii shagnaliin talaar bie biesee ursun bichitsgeej baigaa tul bi uuriiguu end iluuts gej uzev. Yutay ch huviihaa zugees helehed tuunii niitleluud--yalanguya NYTimes deerh column ni--minii yurtuntsiig harah uzeld asar ih nuluu uzuulsen. Ter ch utgaaraa Nobel Prize avsand ni asar ih bayarlasnaa nuugaad yahav. Yur ni bol bolj ugvul tuunii NYTimes-aas umnu buyu 2000 onoos umnu bichij baisan zuilsiig ni tuuj unshaaray gej zuvluyu (endees deer uyed bichij baisan zuilsiih ni archive-iig olj bolno). Tedgeer niitleluuded ni ediin zasgiin tuvugtey, nariin shiriin zuilsiig asar engiin ugeer uran style-tay hund naaldatstay baidlaar tuhain uyedee bolj bui uil yavdluudtay holbon tailbarlaj bichsen baigaa. Mun tuunii blog-iig ni nadaar heluuleltguy medej baigaa bailguy dee--minii blog-iin baruun tald zalraad neleed heden sariig udej bui. Tuunchlen bas baruun tald baih "Favourite Columnists" bulan dahi link-eer orj Krugman-ii NYTimes deerh niitleluudiig ni unshij bolno. Gehdee yurunhiiduu bol Amerikiin uls tur, ediin zasagt ontsiin sonirholguy bol zaaval ch uguy unshaad baih shaardlaga baihguy l dee. Za tegeed door Krugman-ii zarim neg buteeluud bolon tuunii tuhai hiigeed ajil, buteeliih ni talaar davguy toimloson gej bodson link-uudiig jagsaaj tavilaa (bas l baruun tald baih "How Should I Work" gesen bulan deeree bi tuunii herhen ajilladag talaarh niitleliig tavisan baigaa, zavaaraa zaaval unshaaray). Neg bol unench demjigchid (Krugmaniacs) ali esvel uzen yadagchid gesen hoyor bulegt huvaagddag tuunii unshigchdiin alind ni bagtahaa uursduu shiidsugey, hehe.

Minii huvid tuunii "The Hangover Theory" bolon "Supply, Demand, and English Food" hoyor hamgiin durtay article-uud (barag 2 jiliin umnuh baina uu daa, bichleguud deeree bi edgeeriig recommend hiij baisan). Incidentally, it turns out that these two were Tyler Cowen's favourites as well (Cowen-ii ene bichlegiig zaaval unshaaray, Krugman-ii talaar mash comprehensive oilgolt ugnu).

Honoring Paul Krugman - by Edward Glaeser (hervee bi buruu sanaaguy bol ter hoyor spatial economics deer hamtarch ajillaj baisan baih aa)
Baby-Sitting the Economy - huuchin columnist-aa hundetgev
Professor and Columnist Wins Economics Nobel - NYTimes-iihan op-ed columnist-aa hundetgev
Princeton's Paul Krugman wins Nobel in economics - Princeton-iihon professor-oo hundetgev
Princeton's Paul Krugman Wins Nobel Economics Prize
"The Role of Geography in Development" by Paul Krugman - one of his seminal works. Hervee JSTOR-oos tuunii uur buteeluud heregtey gevel bi e-maildej bolno shuu
Paul Krugman Is Awarded Nobel in Economics
Krugman Helped Us Understand Trade: Everyone should learn about comparative advantage.
Secondary Sources: Raw Deal?, Root Problems, Krugman - WSJ on Krugman
"Krugman wins Nobel prize for economics" by Tim Harford
Bold strokes: A strong economic stylist wins the Nobel prize - The Economist on Krugman

Thursday, October 16, 2008

This and That (bit sardonic stuffs this time)

Ungursun zun eniig unshchihaad NYU-giin Nouriel Roubini gej neg aimar serioznii gar baidag gesen tusuulultey bolchihson baisan. Tegsen chini according to this blog: "It's time to call bullshit. The image of Dr. Doom may satisfy the needs of the media and partygoers this Halloween—but Roubini is anything but dour" genee hahaha. Btw, I've always had a hunch that economists are inherently uber-cool people :P

Looks like the Republican Party needs a new Barry Goldwater or William Buckley. Christopher Buckley (William Buckley-iin huu) gets "fathwahed" because of his endorsement of Obama--a modern day Judas tale? + Henry Paulson, Socialist

Will somebody please leave this poor woman alone? + She's Back

Monday, October 13, 2008

Which One To Buy?

Shine jileer nadad beleg ugdug hun baidagguy bolhoor ene jil uuruu uuriiguu bayarluulahaar shiidev. Tegeed uul ni neg davguy desk diary avahaar zorison yum. Getel hoyor songoltoos aliig ni avahaa meddegguy ee. Humuus sanalaa heleerey.

The New Yorker 2009 Desk Diary - $29.95 (tegeed uuriihuu neriig deer ni bichuulj avch bolno)

The New York Review of Books 2009 Desk Diary - $12.71 (nuuren deerh zurgan deer baigaa John Updike uu?)

Wim Wenders on Berlin

The Scene: Wim Wenders in Berlin

Sunday, October 12, 2008

The Cause of the Crisis

The current crisis started with a burst housing bubble, which led to widespread mortgage defaults, and hence to large losses at many financial institutions. That initial shock was compounded by secondary effects, as lack of capital forced banks to pull back, leading to further declines in the prices of assets, leading to more losses, and so on — a vicious circle of “deleveraging.” Pervasive loss of trust in banks, including on the part of other banks, reinforced the vicious circle.
Moment of Truth by Paul Krugman

The links between the financial fragility in the US and previous emerging market crises mean that the current banking and economic traumas should not be seen as just the product of risky monetary policy, lax regulation and irresponsible finance, important though these were. They have roots in the way the global economy has worked in the era of financial deregulation. Any country that receives a huge and sustained inflow of foreign lending runs the risk of a subsequent financial crisis, because external and domestic financial fragility will grow. Precisely such a crisis is now happening to the US and a number of other high-income countries including the UK.
Asia’s revenge by Martin Wolf

Saturday, October 11, 2008

A View From My Window

Sunset in UB city. Aj uildveriin huvisgaliin ur dund bii bolson, 19-r zuunii ehen uyeiin Angliin hotuudiin turhiig uuriin erhguy sanagduulna.

Wednesday, October 08, 2008

This and That

Anne's post on me (Again, thank you Anne!). And please don't forget to check his awesome blog! :)

Achka's new album. Seriously, this is one of the best Mongolian albums ever recorded--funny, witty, full of great rock n' roll tunes (still waiting for the definitive version though :D). Tegj baigaad review-iig ni bichnee :)

And those of you who listen to Bob Dylan, don't forget to check his new bootleg series album - Tell Tale Signs (you can listen to it free at NPR). Or you can download from here.

A new blog: Монголын эдийн засаг сонирхогч залуучуудын онлайн клуб

Monday, October 06, 2008

Again, talking about my geeeneraation!!!

Ben Casnocha says, "You can't generalize about Gen Y" (FYI: Gen Y is a group of people like myself, who are the "elusive young'uns born between 1985 and 1995")

Yes, Gen Y is different. We grew up online. We won't get drafted for a war. But our most profound characteristic might be our weak collective consciousness. Our individual identity is stronger and more authentic than our social one.

From the Depression through Vietnam, people the same age grew up around shared experiences. And from these common experiences definable generations were born. People consumed the culture and products directed at their age group. Their social network consisted of whoever lived on their cul-de-sac. And if they needed world news, Walter Cronkite told them.

Thanks to the Internet and globalization, we uber-connected hipsters aren't constrained by incidental factors the way our parents were. Sure, we might share a faint generational dialect with people our own age. But we're finding that a common obsession is a better predictor for a meaningful bond between two people. A lot better than the year our parents happened to have unprotected sex.

You can develop obscure passions by joining virtual, ageless communities around your interests. Love Scottish lighthouses? I guarantee that there's a community for you. Want to start a business selling indie music on MySpace? Nothing's stopping you.

All this means that it's harder than ever to generalize about generational behavior. There is no magic "millennial" dust (Facebook! Blogs! Emo!) that you can sprinkle on your marketing to make it appeal to today's youth. If you want to sell us something, you're going to have to find us. And then not treat us like aliens who parachuted to earth from the Planet Krypton.

I agree with Casnocha in every respect. But I'm somewhat ambivalent when this non-generalizing generalization comes to Mongolian Gen Y. Yes, my generation grew up in an unprecedented environment, and yes, we are relatively individualistic, comparing to our parents. But does that mean we're in the same pot with western Gen Y? If we think about it little bit more carefully, there is something truly unique about us--the radical socio-economic transition--something which the western Gen Y has no idea about--that was instrumental in shaping our world. So, in that respect, Mongolian Gen Y is consciously or unconsciously bound together by common experience. Then does that make Mongolian 20-something year olds somekind of Gen X-ish Gen Y? Or is it an argument indicates that we're an exception and we don't belong to Gen Y at all? Well, that I'm truly interested about...

Saturday, October 04, 2008

This and That


Cheap Dollar Diplomacy
Alan Dershowitz: "To Torture or Not to Torture"
Which candidate can better protect [the US] from the terrorists' nuclear attack? - American intellectuals in defense of torture?
Presidential Campaign Commercials 1952-2008

On recent financial crisis:

Why Houses Cost More in Summer: An economics mystery has finally been solved
Public Humiliation by James Surowiecki
Diamond and Kashyap on the Recent Financial Upheavals
Henry Paulson, Socialist: Republicans admit the free market doesn't work Republican-uud turul ariljiv uu?
The Wall Street Bailout Plan, Explained
Look on the Bright Side: Five reasons to give thanks for the financial collapse of the decade

Mundane stuff:

Brain Teasers

Guardian's "Satellite eye on Earth" series
Why students should learn to cook....

Literary stuff:

The story of my lives: Philip Roth's last book
"The Best Mind of His Generation"
- A.O. Scott on David Foster Wallace
"Good People" by David Foster Wallace


University of Chicago Writing Program: GRAMMAR RESOURCES ON THE WEB
Cornell University The Learning Strategies Center
Questia Newsletters
Professor Charles Lipson's "Politics, Culture, and Books" page