Hyun-Gyum Shin

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Good news from the bond markets

THE recent rise in bond yields may have alarmed fixed income investors but has been good news for corporate pension funds. Figures from Mercer, the …

Time as money

HOW much we spend depends on how old we are. Generally, people increase their day-to-day expenditure until middle age, but spending drops thereafter. …

Above the fray

A SOMBRE exploration of love, responsibility and death, “Kaze Tachinu” (“The Wind Rises”) is being described as Hayao Miyazaki’s first animated film …

Who runs al-Qaeda?

THE decision taken by Barack Obama on August 1st to close down for several days nearly two dozen diplomatic missions across the Middle East and North …

The utility of bad art

THE father of consumer choice theory, Alfred Marshall, believed that the more of something you have the less of it you want: a phenomenon economists …

The Psychology of Distrusting G.M.O.s

Last week, the author Michael Pollan expressed his concern over a piece in the New York <i>Times,</i> “A Race to Save the Orange by Altering Its DNA,” by Amy Harmon, about the potential use of genetic engineering to save oranges from certain disease-causing bacteria. “2 many industry talking pts,” he …

Time Warner Cable’s TV Conundrum

For television viewers in New York and other cities, Time Warner Cable’s decision, last Friday, to drop CBS and subsidiary networks like Showtime in an acrimonious financial dispute meant not knowing what would be next for “Dexter” and “Ray Donovan.” It meant that for me, too—but it also meant not …

Spitzer’s Expanding Real-Estate Empire

This week, Eliot L. Spitzer, the former New York governor, invited journalists to view his recent tax returns in his office in the French chateau-influenced Crown Building, on Fifth Avenue, which is doubling as his campaign headquarters. On the twenty-second floor, a gold-plated placard on the …

Obama: Trayvon Martin Could Have Been Me

“When Trayvon Martin was first shot, I said that this could have been my son,” Barack Obama said Friday. “Another way of saying that is Trayvon Martin could have been me, thirty-five years ago.” Those words, in an unscheduled appearance at a press briefing, came after he’d said all the things he …

Keeping Up With The Quants May Prevent the Next Financial (Or Data) Crisis

<i>Keeping Up with the Quants: Your Guide to Understanding and Using Analytics</i><i>,</i> by Thomas H. Davenport and Jinho Kim, is an accessible and timely introduction to the data mining work of quantitative analysts. Aimed primarily at a business audience, it was written as a guide for the 1.5 million …