January 2011
21 posts
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Спутник Moment?
A little more than fifty years ago, sending an aluminum basketball into low Earth orbit was enough to “concentrate minds and get people pulling in the same direction.” Nowadays,even a major worldwide financial crisis has failed to do the same.
HT to Felix Salmon.
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Freedom electronic music →
France is awesome.
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Don't believe anything you see on the news →
Have to admit I am completely guilty of falling prey to this myth.
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“… multitasking makes human beings less productive, less creative, and less...”
– “Recovering From Information Overload” @ McKinsey Quarterly
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Demand: An Explanation →
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“Deregulation, desupervision, and de facto decriminalization (the three “des”)...”
– Bill Black, Associate Professor of Economics and Law at the University of Missouri-Kansas City. I might just have to read his book. HT to TBP.
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The Stranger →
Great discussion of economic theory and the fact that markets have fundamentally changed over the last century. Reminds me of the debate / disagreement over the Constitution (another must-read). Basically, understanding complicated things is hard and always will be.
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“That people so often believe themselves to be right is no proof that they are.”
– Care of Jill Lepore @ The New Yorker
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Crazy like a fox! →
Justin Fox clears up many a common misconception about compensation, economic incentives and our populist urges. Of particular note:
“There doesn’t have to be a problem with a revolving door between government jobs and non-government jobs.”
“… the combination of massive risk-taking in the financial sector and government backstops and bailouts when those bets go bad...
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