Monthly Archives: July 2014

How to use NCES public data sets (NAEP, BPS, NPSAS, TIMSS, PIRLS, PISA, etc.)

This is a copy-paste (nearly) of the appendix I have recently made for a paper published at OpenPsych. I found it difficult to navigate, so I believe it needs to be clarified. This makes replication much easier.

Posted in Miscellaneous | Tagged

A growth in inequality together with growth in financial market activities : Probably not a mere coincidence

Very recently, Thomas Piketty’s new book, Capital in the Twenty–First Century, has been widely commented and has elicited a lot of reactions. Particularly in the United States. The theory (of inequality due to capital accumulation) advanced by the author is that the … Continue reading

Posted in Economics | Tagged

The problem of Money as Debt

Paul Grignon, in his video Money as Debt (see his channel), claimed that the lending of money by commercial banks by definition results in indefinite growth of private debt. People cannot repay the interest rates charged by the banks, either low … Continue reading

Posted in Economics | Tagged

The Role of the Credit Rating Agencies in the U.S. Subprime Crisis : Too Much Competition ?

A known fact is that the Big Three, namely, Moody’s, Fitch Ratings, Standard & Poor’s, have provided inaccurate ratings that were obviously too generous. These CRAs (not to be confounded with Community Reinvestment Act), contamined by conflicts of interest, had … Continue reading

Posted in Economics | Tagged