Norwegian government to force companies to have more female board members

The government of Norway is now threatening to close down any company which does not have more than 40% women in the boardrooms by 2007. Nowhere is radical feminism as strong as in the Scandinavian Peninsula and the thought of low female representation in board rooms having anything to do with sex differences in preferences or distribution of abilities rather male chauvinist discrimation is of course even more taboo than in Harvard.

Shocking news: Greenspan says credit expansion is a good thing

Sometimes the news media produces really shocking news items. Who could for example have imagined this: Alan Greenspan says he thinks credit expansion is a good thing, particularly praising mortgage loans and installment loans. I am sure everyone else is as surprised as I am. Maybe that explains why he has for years held real short-term interest rates at negative levels.

The Online German Job Auctioneer

Correspondent Bas Jonker writes: “I came across an interesting new venture in Germany called www.jobdumping.de . Basically it is an Ebay for people who want to work. Employers can post jobs with a salary they are willing to pay and potential employees can bid for the job and undercut each other. Of course, words like ‘slavery’ and ‘exploitation’ from the unions and politicians were heard immediately. The founder of the website, Fabian Low, wanted to do something about the stunning unemployment rate in Germany.

Perhaps the Silliest Comment Yet on the Summers Flap

Though there are undoubtedly many candidates. Excerpts from a letter in today’s Wall Street Journal, by Professor Luis Suarez-Villa of the School of Social Ecology at UC-Irvine:
Harvard President Larry Summers is now discovering what many economists find out to their dismay when they venture out of the old-boy network that is American economics. Musings that are considered “normal” among economists tend to be regarded as insensitive or even prejudiced in many other disciplines. At the root of his remarks is the fact that Mr.