Not a blog but a "q-and-a" (pronounced "quanda"), this page is about the basics of economics. Its premise: there are no stupid q's. And if some a's seem dim, take heart: I can brighten them up in response to objections, corrections, refinements. Comments on posts feature yours, and my responses. Enough of you now frequent and query the quanda that I post most every day. Haven't seen your q yet? Send it again. All a's should be taken with a shaker of sodium chloride, if not a Lot's-wife's-worth. And speaking of salt, the mustache and "hair" in the photo has a lot less of that condiment, and rather more pepper, than can be seen on TV. Think of it as time travel.
Paul Solman: With all the hullabaloo about low interest rates and refinancing of mortgages, I'd been looking around for reliable refinancing calculators on the Web and have found one with an excellent pedigree.
It's the product of a well-known Harvard economist we once interviewed on the NewsHour, David Laibson, and whose course on behavioral economics we audited a few years ago. The calculator is up on the website of the National Bureau of Economic Research at http://zwicke.nber.org/refinance/index.py.
It's also easy to use. I thought others might find it useful, as I have.
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A Useful Refinancing Calculator
**Paul Solman:** With all the hullabaloo about low interest rates and refinancing of mortgages, I'd been looking around for reliable refinancing calculators on the Web and have found one with an excellent pedigree.
It's the product of a well-known Harvard economist we once interviewed on the NewsHour, David Laibson, and whose course on behavioral economics we audited a few years ago. The calculator is up on the website of the National Bureau of Economic Research at "http://zwicke.nber.org/refinance/index.py":http://zwicke.nber.org/refinance/index.py.
It's also easy to use. I thought others might find it useful, as I have.
