] is a great writer. I have read many of his articles, spent time on his website and gone back into his literary vaults. He wrote posts in the 1980’s [ … ]
Category: Others
Pity the Poor Politicians
photo credit: Bigstock The contempt in which we hold most of our politicians, while largely justified, is also dangerous. Politics seems increasingly to be the means by which people who [ … ]
More covered interest parity
Several correspondents were kind enough to send me additional work on covered interest parity. There are two big questions (and a third at the end): 1) what force pushes prices [ … ]
More good finance articles
The February Issue of the Journal of Finance made it to the top of my stack, and it has a lot of good articles. The first two especially caught my [ … ]
Whiskey rebellion and that time Obama compared Tim Geithner with Hamilton
Eight years ago President Obama was asked about AIG bonuses. Q – you received $100,000 from AIG during the campaign. How do you feel about those contributions today? Do you plan [ … ]
Street Car Na_ed Desire
Wheel of Fortune contestant was spotted all these letters and still got it wrong
Robots and Inequality: A Skeptic’s Take
Paul Krugman presents “Robot Geometry” based on Ryan Avent‘s “Productivity Paradox”. It’s more-or-less the skill-biased technological change hypothesis, repackaged. Technology makes workers more productive, which reduces demand for workers, as their [ … ]
Robots v. Inequality
Paul Krugman presents “Robot Geometry” based on Ryan Avent‘s “Productivity Paradox”. It’s more-or-less the skill-biased technological change hypothesis, repackaged. Technology makes workers more productive, which reduces demand for workers, as their [ … ]
The confidence game. Uber comes undone
This post will be the last of three that explains the con man context to Uber. In the last few days the President resigned, Uber is unwinding, Rather than continue to [ … ]
The end of Uber. Movable object meets unstoppable force
Mythologies die hard. People don’t want to let them go. We need them. Mythologies have to be preserved by its adherents. If someone is willing to be shunned and ridiculed, [ … ]