Author Archives: mkevane

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About mkevane

Economist at Santa Clara University and Director of Friends of African Village Libraries.

Burkina Faso, Portrait de Bernard Yaméogo, Réalisateur

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Joseph O’Neill reading Muriel Spark’s “The Ormolu Clock” gives me #murielsparkrage

I was running and listening to Joseph O’Neill reading Muriel Spark’s “The Ormolu Clock” in a The New Yorker fiction podcast and halfway into the story my battery died and suddenly there was silence. But why do we care about … Continue reading →

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Reality check… mentioned this song in class today in discussion of racial discrimination in Boston mortgage market…

This little song that I’m singin’ about, People, you all know that it’s true, If you’re black and gotta work for livin’, Now, this is what they will say to you, They says: “If you was white, You’s alright, If … Continue reading →

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Burkina passes corruption law required for World Bank support

Burkina Faso’s interim parliament has approved an anti-corruption law, one of two pieces of legislation required by the World Bank before it will release $100 million in budget support.  The National Transitional Council (CNT), which was established after a popular … Continue reading →

Posted in Economy | Comments Off on Burkina passes corruption law required for World Bank support

Maureen McHugh’s novel Nekropolis

I got this through my university inter-library loan and read it during a trip down to Los Angeles to visit with my mother.  I had no idea what it was going to be about.  It is a tri-cross between a … Continue reading →

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Stephen King’s “A Death” in The New Yorker

Read this last night. Definitely a good story, once you get started you just keep going all the way to the end, and when you get to the end you immediately go back to sections of the story, the way … Continue reading →

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Philosophizing about something called “Moral Facts”

I know philosophers get very exercised about this, but I just can’t see it being more than the old adage: the hobgoblin of little minds is consistency. Indeed, in the world beyond grade school, where adults must exercise their moral … Continue reading →

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Great science fiction short story about anthropologists and “primitive culture”: Maureen McHugh’s “The Cost to be Wise”

I really liked Maureen McHugh’s “The Cost to be Wise,” and would assign to a class if I were teaching a fieldwork oriented anthropology class.  It made me think of Doomsday Book, but told from the point of view of one … Continue reading →

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Yes, when it comes to Oscars, I am a hater

It always surprises me how on week days I run with an inequality-outraged, save-the-planet crowd, who the on weekends rush off to “Oscar parties” to unreflexively participate in… something.  That’s the thing: for me, the something is an envy-unhappiness-inducing corporate … Continue reading →

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Out running on Guadalupe trail, guess who Sukie and I saw? @sliccardo

Mayor Sam Liccardo, and boy was he cooking…. So now I’ve seen him out “on the streets” twice this week.  Nice that he is not always in the back of an SUV limo.

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Saturday night and you shold be enjoying Neutral Milk Hotel too

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Now I really can go bankrupt in style

Henry Kevane’s (my brother!) firm announced that he has become a fellow of the American College of Bankruptcy. He will be inducted on March 13, 2015 in Washington DC.  From the American College of Bankruptcy website: Fellows are extended an … Continue reading →

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Burkina Faso finally makes the FCPA… a smallish but possibly typical corruption case

WADS is a subsidiary of a Texas company called Layne Christensen Company and it’s MinEx division, that does well-drilling and exploration.  Details are here in the SEC ruling.  Irregular payment to custom’s clearing agent, who presumably passed on to custom’s … Continue reading →

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Puerto Rico unfortunately in the news again…

At least I have a brother who is a bankruptcy lawyer, so my family’s “beta” is better than other’s… Critical elements of Puerto Rico’s plan to avert financial disaster are in jeopardy, after a federal judge struck down a law … Continue reading →

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The reason to run… is to have time to listen to Maggot Brain twice in a row

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Civil society organizes against presidential guard… where will it go?

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Innovation in American economy for the future

Killing the Golden Goose: The Decline of Science in Corporate R&D by Ashish Arora, Sharon Belenzon, and Andrea Patacconi. I briefly discussed this paper with my Osher class at Santa Clara (alumni and retired members of the SCU community).  Many … Continue reading →

Posted in Teaching macroeconomics, United States | Comments Off on Innovation in American economy for the future

Who is onboard for a modest, coordinated, increase in global wealth tax on, let’s say, fortunes above $50 million?

King Abdullah of Jordan picked up the tab for a Christie family weekend at the end of the trip. The governor and two staff members who accompanied him came back to New Jersey bubbling that they had celebrated with Bono, … Continue reading →

Posted in Teaching macroeconomics | Comments Off on Who is onboard for a modest, coordinated, increase in global wealth tax on, let’s say, fortunes above $50 million?

When economists work for money, do they get dumber?

Let’s read the article from the Washington Post on Alan Krueger’s research paid for by Uber: Uber drivers in many of the company’s major markets are making about $6 an hour more than their traditional — and professional — taxi-driver … Continue reading →

Posted in Teaching macroeconomics, United States | Comments Off on When economists work for money, do they get dumber?

Microsoft to acquire Revolution Analytics

I’m very pleased to announce that Microsoft has reached an agreement to acquire Revolution Analytics. Revolution Analytics is the leading commercial provider of software and services for R, the world’s most widely used programming language for statistical computing and predictive … Continue reading →

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