Political Calculations
March 28, 2008

Carnival Midway from The Jerk Welcome to the Friday, March 28, 2008 of On the Moneyed Midways, the only place on the world wide web where you'll find the week's best money and business-related blog posts contributed to the best of the week's bes money and business-related blog carnivals!

We have a very strong contender for the title of being The Best Post of the Year, Anywhere! this week. If your time is short this weekend, add Paul Graham's essay You Weren't Meant to Have a Boss to your essential reading list!

If you have more time for essential reading than what what you would need just to read one post, the other eight posts we've selected from the hundreds we reviewed in the past week deserve your attention - like squawkfox, we "just say 'NO' to crap!"

Scroll down for the best posts of the week that was!

On the Moneyed Midways for March 28, 2008
Carnival Post Blog Comments
Carnival of Debt Reduction 5 Questions To Ask Your Creditors When Making Debt Reduction Payments No Credit Needed NCN lists the five most important questions to ask the outfits to whom you owe money if you're thinking about paying your debt off early and explains why you need to know the answers.
Carnival of Personal Finance Just Say "NO" to Crap! squawkfox squawkfox launches an anti-crap campaign, identifies three major sources of crap, and provides five reasons to kick back at crap in Absolutely essential reading!
Carnival of Personal Finance Your Problem Isn’t Starbucks Beyond Paycheck to Paycheck Michael takes on those so-called financial experts who seem to believe that if you only give up your coffee habit, all will be well in your financial world. Absolutely essential reading!
Carnival of Personal Finance An Engineer’s View of Retirement Canadian Dream - Free at 45 Tim presents an absolutely great and humorous post that highlights the kind of problem solving that us engineers do when we approach the kinds of real-world problems that flummox others outside the engineering disciplines. Absolutely essential reading! - and a post that in any other week might have been The Best Post of the Week, Anywhere!
Carnival of Real Estate Does the National Association of Realtors Really Need an Economist? San Diego Real Estate Bob Schwartz looks at the track record of the economists hired to shill for the National Association of Realtors and argues that the NAR would be better off just presenting the facts instead of trying to spin them.
Cavalcade of Risk Counterfeit Heparin and Baxter Liability New York Personal Injury Law Blog Eric Turkewitz previews the legal argumenets that will be made both for and against pharmaceutical maker Baxter related to the counterfeit component its China-based producer incorporated into anti-clotting drug Heparin.
Festival of Frugality Beware Of The Laundry Detergent Cap No Credit Needed Do those marks inside the cap for dispensing liquid laundry detergent have any relationship to the recommended amounts for a load? NCN busts the laundry cap controversy wide open!
Festival of Stocks What About LOR-Lazard World Dividend & Income Fund? Living Off Dividends ND responds to a reader's e-mail regarding whether Lazard World Dividend Fund (LOR), and its current 25% dividend yield, is investment-worthy.
Odysseus Medal You Weren't Meant to Have a Boss Paul Graham The Best Post of the Week, Anywhere! Paul Graham couldn't put his finger on what was wrong with a group of programmers out on a team-building scavenger hunt, which ultimately leads to his fascinating proposal for a very different way for companies to organize themselves to do business.

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Political Calculations' Recession Probability Track shows the probability that the U.S. economy will be in recession 12 months from the indicated date (shown in red) while revealing the probability trend over the past four years.

Previously, the probability of recession peaked at 50% on 4 April 2007, which means that March-April 2008 was the most likely period in which the NBER would have found the U.S. to be in recession.

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On the Moneyed Midways

Political Calculations is also the online home of On the Moneyed Midways (aka OMM), a review of the best posts contributed to the week's best business and money-related blog carnivals. More than that, we also name one post in each edition as being The Best Post of the Week, Anywhere! and at the end of each year, we name The Best Post of the Year, Anywhere! as well as identifying the best blogs we found during the course of the year!

The link below will take you to the running index containing our most recent back issues (you can easily navigate the index to find older editions.)

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