Economics: The ivory fortress: ONE of the more interesting responses to this week's Reinhart-Rogoff debate was this, from the economics blog Cheap Talk. "I Move That The AEA Stop Publishing Papers and Proceedings", the post title reads. Then:
Non-peer reviewed, inaccessible data, and punditry that can’t tell the difference between P&P and a regular AER article can’t be good for the reputation of the journal, the AEA, or the profession.
A well-known wine dealer was sentenced Thursday to 10 years in prison after he was convicted of defrauding wealthy clients out of millions of dollars by selling them bottles of purportedly rare and sought-after wines that were actually old bottles of wine mixed together, complete with fake labels.
The dealer, Rudy Kurniawan, had become a renowned figure on the rare wine scene, spending and making millions of dollars on wine sales every year. In 2006, he sold $35 million worth of wine.
SEATTLE — Detectives have recovered more than 2,500 bottles of fancy wine stolen from a Seattle shop, police said Wednesday, and they’re examining whether the Thanksgiving heist might be related to a similar break-in at a San Francisco wine seller earlier this year.
Talk about liquid assets.
Goldman Sachs Group Inc. accepted almost 15,000 bottles of fine wine as loan collateral from a former high-ranking executive, according to a regulatory filing last month. Andrew Cader, a former senior director at Goldman Sachs’s specialist-trading unit, pledged a secured interest in the wines, which are primarily from the Burgundy and Bordeaux regions of France, the filing showed.
The initial call for papers has now been issued for the Association of Private Enterprise Education annual meeting to be held in Maui, Hawaii on April 14-16, 2013.
Call for Papers 2013
The Association of Private Enterprise Education