Papers on the “Credit Crunch”

Some interesting papers have come out on the “Credit Crunch”.

The Coming Collapse of the Middle Class

Here is a great talk by Harvard Professor Elizabeth Warren on the upcoming collapse of the middle class. The first 5 minutes are spent on introducing Professor Warren, so I recommend skipping to roughly 5-6 minutes into the video. She gives a very, very interesting comparison of the changing socio-economic factors between 1970-2007. The talk was given on the 8th March, 2007 at Berkeley.

The Olympic Flame

So, on Sunday I was lying on the couch reading when I heard this commotion from Oxford Street. I jumped up and went out onto the balcony – just in time to see the Olympic Flame go past! It was driven past on an open top bus, held upright by this girl in a track-suit.

Where to Live

I live in London, on Oxford Street. You can’t really live in a more urban environment than that. Last weekend Helen and I got out of London to the North Downs to go hiking. For me, this is the ideal lifestyle; live in the city in an exciting, stimulating environment. When you feel like “getting back to nature” – pick the environment you want, and go there for the weekend. The countryside is a great place to visit, but I wouldn’t want to live there!

Geek Logik

Garth Sundem of Geek Logik fame has a blog in which he comes up with formulas for wrapping every-day decisions in a mathematical framework. It’s something I’ve been thinking about for quite a while – especially with regards to procrastination. The trick is to quantify all the factors that you think are important in the issue you are considering, and then describe the relationship between the variables mathematically.