Signaling

Greg Mankiw provides a Post on Signaling, with a link to a Signaling system. I wonder about the effective use of Signaling ever since I applied for some Teaching positions, mentioning I wanted to teach the Economic history of the World War economies. No Response. Seems like they might of wanted efficient treatment of Introduction Courses in American and International history. Oh well!

Cactus at Angry Bear presents a very good Post on Bias by presenting a challenge, along with commentary on personal bias–his own and that of others. He bases his argument on Republican claims which he finds hard-pressed to find corollary evidence. The Post, though, might go unread if a Reader followed the poor signaling of the Post title. A NYTimes article loses impact because of placement in the Paper, though it should be Read: the real loss of labor comes from Technology providing efficient replacement for Skill levels. There is another article in the NYTimes which loses impact also from placement, but might signify a real trend opening in the Corporate world. Rafael Correa, a professional economist, describes his five "axis of reform" as constitutional revolution, ethical revolution, economic and productivity revolution, education and health revolution, and dignity, sovereignty and Latin American integration revolution. He might have done well in hiding Signals from International jounalists--read the links provided. He is now the President of Ecuador.

The Winner in hiding Signals, which can come back to hurt you, may be the Nobel winner Yunus, said Post provided by Mark Thoma. Hal Varian has possibly the best view on the process of Microcredit, for which Yunus received the Nobel Peace Prize. I wonder if Anyone besides myself noticed Extenders of Microcredit can still be arrested in this country for Juicing operations. Yunus may have noticed the American practice, and realized there are no laws forestalling usurious rates or harsh Collection practices in developing nations. lgl